telecom firm

Rogers doubles Q1 profit to $344M; bringing iPhone to Canada

Topix - Business News  Wed, 04/30/2008 - 08:55

"We can't tell you any more about it right now, but stay tuned."

- Improvements in fundamentals across the board helped major telecom firm Rogers Communications Inc.

(TSX:RCI.B) more than double first-quarter profits and the company said it's finally bringing Apple's long-awaited iPhone to Canada, though it didn't say when.

Rogers reported Tuesday net earnings of $344 million or 54 cents per share on a diluted basis, compared with a profit of $170 million, 26 cents per share in the year-earlier period.