TD Securities analyst Vince Valentini upgraded Rogers Communications (RCI) to Action List Buy from Buy citing his favorable view of the company's competitive positioning and valuation compared to its Canadian telco peers. He notes the stock's underperformance year-to-date compared to (BCE) BCE and Telus (TU), adding that in the the four times over the past five years when Rogers has traded near this discount to BCE that the former has seen "material outperformance" in each of the subsequent 3 to 6 month periods. Valentini's forecasts and C$89 price target for Rogers shares remain unchanged.

Amazon (AMZN), Rogers Communications (RCI), and the National Hockey League announced a "milestone two-year agreement" in Canada to bring hockey fans Monday night NHL hockey exclusively on Prime Video. "Prime Monday Night Hockey will stream all national regular season Monday night NHL games in English for the 2024/25 and 2025/26 NHL seasons. The deal is the NHL's first exclusive national broadcast package with a digital-only streaming service in Canada. The Prime Monday Night Hockey package, produced by Prime Video, will feature a new broadcast team offering in-depth analysis and play-by-play coverage, and stream live exclusively to Prime members in Canada," the companies stated.

Reports Q1 revenue C$4.901B vs C$3.835B last year. "We continued to deliver industry-leading growth in the first quarter, our ninth straight quarter of growth and momentum," said Tony Staffieri, President and CEO. "At the one-year milestone of the Shaw merger, more Canadians continue to choose Rogers than any other carrier and we're one year ahead of our synergy targets. I am proud of our team and I remain confident in our future."