April 22, 2020 / 11:18 AM / 4 months ago

Canada's Rogers withdraws 2020 outlook as coronavirus crisis deepens

April 22 (Reuters) - Canada’s Rogers Communications Inc on Wednesday pulled its 2020 forecast due to uncertain economic conditions as a result of the coronavirus outbreak.

The telecom operator's revenue for first quarter ended March 31 fell 5% to C$3.42 billion due to lower subscriber activity during the pandemic. (reut.rs/3529Dp1) (Reporting by Ayanti Bera in Bengaluru; Editing by Shinjini Ganguli)

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