Canada's Rogers misses estimates for quarterly subscriber additions

(Reuters) - Canada's Rogers (NYSE:ROG ) Communications missed market expectations for third-quarter wireless subscriber additions on Thursday, hit by cautious spending on its mobile plans and stiff competition in the telecom space.

The company added 101,000 monthly bill-paying wireless phone subscribers in the third quarter, compared with estimates of 129,040, according to analysts polled by Visible Alpha.

Source: Investing.com