Aggressive cost control and a flurry of high-tech smartphone releases helped Rogers Communications Inc. beat analyst expectations yesterday.

It also drove the telecommunications giant to improved profits and revenues in a traditionally slow period in the midst of a recession. Even so, Rogers downgraded its revenue outlook for the year ahead, dropping expectations for consolidated top line growth to between two and four per cent, down from earlier predictions of five to nine per cent.

Toronto-based Rogers reported yesterday net income of $374 million or 59 cents per share for the quarter ended June 30, up from year-earlier profits of $301 million or 47 cents per share.

“The quarter reflects the strength of our franchises ... though we’re clearly moving through some challenging economic times,” Rogers chief executive Nadir Mohamed said.

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