Getting Out Of Rogers Was A Good Move
Redeploying the money into Telus and BCE has worked out just fine. Rogers is recovering now but long term I am still much happier being out of that stock. I do not think the pain and expense of integrating Shaw is well, or even a little understood. Rogers seems to be doing a great job of downplaying the pain and expense yet to come. Add to that the cost of 5G and earnings are going to look pretty bad, as will the need to raise debt and dilute shares. As a final nail, the family and board intrique is far from over.