Canadian communications giant Rogers Communications (RCI) has had a stronger 2010 than most companies, much to the chagrin of short-sellers who have pushed the stock's short interest ratio to 38.38.
Rogers has strong product offerings in the Canadian telecom and cable markets and has done a good job of maintaining its subscriber base amid a difficult economic environment. Like many American telcos, wireless services have become the dominant contributor to the company's top line numbers, but unlike many of its counterparts to the south, Rogers enjoys a more diversified product mix.
As the Canadian wireless industry continues to expand, Rogers' long-side investors should enjoy the benefits. One of those investors is the MFS Utilities Fund (MMUFX), which owns a stake in Rogers alongside shares of EQT (EQT) and Time Warner Cable (TWC).
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