Rogers chief admitted to hospital

The chief executive of Canadian carrier Rogers Communications has been admitted to hospital for treatment for an existing heart condition, the company has announced.

As a result, Ted Rogers has temporarily relinquished his responsibilities and Alan Horn, chairman of the board will run the company in his place for an indefinite period.

Last week, Rogers reported a 74 per cent year on year rise in third quarter net income to C$465m (Eur310m), while operating revenue jumped 14 per cent to C$2.98bn.

The company recorded wireless net subscriber additions of 239,000, 160,000 net new cable subscribers and sold 255,000 Apple iPhones during the quarter.