October 23, 2019 / 11:09 AM / a month ago

Rogers Communications reports a fall in third-quarter profit

Oct 23 (Reuters) - Rogers Communications Inc reported a fall in its third-quarter profit on Wednesday on lower subscription growth.

The Canadian phone company’s net income fell to C$593 million ($452.81 million)or C$1.14 per share, from C$594 million, or C$1.15 per share, a year earlier.

Revenue fell just about 1% to C$3.75 billion ($2.86 billion). ($1 = 1.3096 Canadian dollars) (Reporting by Ambhini Aishwarya in Bengaluru; Editing by Vinay Dwivedi)

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