FX.co ★ Rogers Communications Cuts Annual Service Revenue Growth Outlook

Rogers Communications Inc. (RCI.TO, RCI), a leading Canadian communications and media corporation, announced a downward revision of its annual service revenue growth forecast on Friday, attributing this adjustment to lower-than-anticipated media revenue in the fourth quarter.

The company now anticipates its service revenue to grow by slightly more than 7 percent for the full year, a decrease from the previously projected range of 8 to 10 percent.

Rogers plans to disclose its fourth-quarter earnings report and full-year 2025 guidance on January 30.