The Zacks Analyst Blog Highlights: Rogers Communications, BCE, TELUS and Shaw Communications - wistv.com - Columbia, South Carolina |

The Zacks Analyst Blog Highlights: Rogers Communications, BCE, TELUS and Shaw Communications

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SOURCE Zacks Investment Research, Inc.

CHICAGO, June 16, 2014 /PRNewswire/ -- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include the Rogers Communications Inc. (NYSE:RCI-Free Report), BCE Inc. (NYSE:BCE-Free Report), TELUS Corporation (NYSE:TU-Free Report) and Shaw Communications Inc. (NYSE:SJR-Free Report).

Zacks Investment Research, Inc., www.zacks.com

Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.

Here are highlights from Friday's Analyst Blog:

Rogers to Boost Wireless Service in British Columbia

Recently, Rogers Communications Inc. (NYSE:RCI-Free Report) has decided to drive its wireless network deployment plan in British Columbia in collaboration with Premier Christy Clark by investing $450 million in the next three years.

Rogers plans to cover nearly 70 areas in the northeast, Interior, Lower Mainland, and Vancouver Island. The investment also takes into account the company's 700 MHz 4GLTE rollout plan which will help subscribers enjoy enhanced Internet speed even in remote places like basements and elevators.

Higher proliferation of smartphones and tablets coupled with the aggressive rollout of 4GLTE technology by rival players like BCE Inc. (NYSE:BCE-Free Report) and TELUS Corporation (NYSE:TU-Free Report) will not only spur demand but will also intensify competition between telecom operators.

Moreover, British Columbia boasts one of the highest penetration rates in Canada with 64% smartphone users accounting for an average daily usage of 1.7 hours. Out of the total, 77% usage is allotted to emails, 69% to online search and 335 to video streaming. In addition, British Columbia's 385,900 small businesses communities are highly dependent on efficient network service which will significantly benefit from Rogers's 700 MHz 4GLTE technology.

In the recently concluded first quarter of 2014, Rogers's Wireless segment revenues came in at $1,567.3 million, down 2% year over year. During the quarter, the company activated 579,000 smartphones against 673,000 in the year-earlier quarter.

Hence, we remain highly optimistic about the company's decision to aggressively deploy wireless network across the lucrative market of British Columbia. This strategic decision by Rogers will not only drive Wireless segment revenues but will also help Rogers to take unprecedented lead over other carriers.

Rogers currently has a Zacks Rank #5 (Strong Sell).

Other Stocks to Consider

Other well-performing stocks in this industry that warrants a look include Shaw Communications Inc. (NYSE:SJR-Free Report) which has a Zacks Rank #2 (Buy).

Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.

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