The Financial Post reports in its Tuesday edition that Rogers Communications investors were supposed to reap the benefits when the company's megadeal with Shaw Communications finally closed a year ago -- and they are still waiting. A Bloomberg dispatch to the Post says that shares of the Toronto-based telco have tumbled 16 per cent so far this year -- the worst of the country's five major telecom stocks and a full 20 percentage points of underperformance compared with the S&P/TSX Composite Index. The stock is so beaten up that some analysts believe it is time to dive in. RBC Capital Markets analyst Drew McReynolds said he sees upside along with an easing of the sector's worst competition risks such as wireless price wars. It is "an attractive entry point" for Rogers shares, he said in a note after the company reported earnings last week. Rogers closed Thursday at $52, the lowest level since Oct. 31. Executives told analysts they have hit their goal of $1-billion in "cost synergies" from the Shaw deal, a year ahead of schedule. That moves the merged company into the "next phase," Mr. McReynolds wrote, where he sees the company's wireless unit continuing to do better than rivals and the cable business improving.