Rogers Communications publishes Q3 2026 results conference call transcript
RCI•Rogers Communications reported quarterly free cash flow of approximately $1.4 billion, up 65%, while capital spending fell 46% to $524 million. Management is targeting a sale of a minority interest in its sports, media and entertainment assets by the first half of 2027, with proceeds intended for debt repayment.
1. Quarterly results and targets
Rogers Communications’ October 23 third-quarter 2026 earnings call featured CEO Tony Staffieri, CFO Glenn Brandt and investor relations head David Naccarato. Capital spending fell 46% to $524 million, while quarterly free cash flow rose 65% to approximately $1.4 billion, supported by lower capital spending and cash taxes. Brandt said the $2.5 billion-$2.7 billion annual capital-spending guidance range should inform expectations beyond 2026.
2. Wireless and asset sale
Wireless service revenue declined 1%, primarily reflecting prohibited fees. Incoming customer average revenue per user increased 8% year over year as management prioritized premium plans over volume. Management is targeting a sale of a minority interest in consolidated sports, media and entertainment assets by the first half of 2027 and plans to use the proceeds to repay debt.
