Rogers results reflects North American carrier strengths
With the release today of healthy quarterly financial results today from Rogers Communications in Canada and AT&T in the U.S., a gap has opened between mobile carriers on this side of the Atlantic and the other.
We used to look with admiration at what they were doing.
Now North American carriers lead on LTE and, thanks to economic problems, they are struggling. For example, Rogers said its adjusted operating profit was up 3 per cent over the same period a year ago, including a 5 per cent increase in wireless profit.
A columnist argues the power and revenues of mobile are flowing to California, where Apple, Google and others are headquartered.

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