Rogers Communication Stock Should Be Launching Higher
Canadian communications and media giant Rogers Communication (NYSE:RCI) stock made new all-time highs at $64.55 before pulling back down despite the relative weakness in benchmark indices. The broadband provider is seeking to complete and integrate its buyout of Shaw Communications, which it acquired for $26 billion in 2021, in the first half of fiscal 2022 pending final approvals from the ISED and Competition Bureau of Canada. The Company is leading in 5G coverage and performance in Canada. Rogers Communication is hitting milestones in its 10G initiative by successfully testing 8 gigabit symm...