James Middleton
November 4, 2008
1 Min Read
The chief executive of Canadian carrier Rogers Communications has been admitted to hospital for treatment for an existing heart condition, the company has announced.
As a result, Ted Rogers has temporarily relinquished his responsibilities and Alan Horn, chairman of the board will run the company in his place for an indefinite period.
Last week, Rogers reported a 74 per cent year on year rise in third quarter net income to C$465m (Eur310m), while operating revenue jumped 14 per cent to C$2.98bn.
The company recorded wireless net subscriber additions of 239,000, 160,000 net new cable subscribers and sold 255,000 Apple iPhones during the quarter.
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