Rogers Communications Inc.
) plans to offer cloud-based data analytics service to its
customers in order to power more than one million
The new service of Rogers Communications is expected to hit
the market by the end of 2013 and comprise big data and analytics
as well as professional and managed services. Apart from boosting
the M2M business environment in Canada, the service will also
help the company to earn $1 billion in revenue in the next three
To activate more than one million M2M connections by the end
of 2013, Rogers Communications is continuously investing in
networks, strategic partnerships, and big data and analytics
The company is trying to establish its foothold in the
mobile-banking vertical. It has decided to apply to government
for introducing a bank under the Canadian Bank Act. However,
Rogers Communications announced that if granted permission, it
will primarily focus on credit, payment, and charge-card services
and has no immediate plan to convert the bank as a full-service
deposit taking and lending financial institution.
At present, Rogers Communications is planning to improve its
sports content as the demand for such content is always on the
rise. In synergy with this, the company together with Bell
Canada, a 100% subsidiary of
), recently bought a 75% stake in Maple Leaf Sports &
Entertainment Ltd. Following this acquisition, the company also
bought sports television network Score Media Inc., which will
further expand its sport contents.
Few days back
Shaw Communications Inc.
), which has a strong market presence in Canada and also belongs
to the same industry reported solid financial results for the
first quarter of fiscal 2013, handily beating the Zacks Consensus
), which primarily operates in Canada, will report its fourth
quarter financial results on Feb 8.
Currently, Rogers Communications has a Zacks Rank #2
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