Rogers faces regulatory pressure over fees
Rogers Communications is under scrutiny for fees that may conflict with new consumer protections. The company has been cited for a $40 device setup charge and a $25 shipping charge.
The issue is relevant to telecom services as Canadian operators manage tighter rules around customer switching costs and pricing flexibility.
The proceeding has not decided wrongdoing but adds regulatory pressure at a time when wireless and broadband competition limits easy growth.
The company’s average analyst price target implies 26.09% upside, and the consensus rating is Buy, despite the regulatory pressure.