In the third quarter of 2019, Rogers achieved net sales of $222 million and adjusted earnings of $1.51 per share.
Bruce Hoechner, CEO, on Growth Drivers
Within Advanced Connectivity, we see 5G as a multiyear growth opportunity for Rogers, where market indications continue to point towards increased deployments in 2020. At a recent forum, China Mobile increased their target for 5G coverage to 340 cities by the end of next year, underscoring their expansion plans. This followed recent news from Chinese telecoms that advanced subscriptions for 5G service which is not yet available, have already reached approximately 9…