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Home - Rogers income soars on wireless results
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Rogers income soars on wireless results

by RCR Wireless News May 1, 2006
written by RCR Wireless News May 1, 2006 Share
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TORONTO-Canadian telecommunications provider Rogers Communications Inc. boosted its operating revenue by 28 percent from the first quarter of 2005, results driven primarily by a nearly 36-percent growth in its wireless operations. The company noted its wireless revenues were just over $1 billion for the quarter.

The company posted 89,600 net postpaid wireless additions during the quarter, up nearly 15 percent year-over-year. Postpaid churn dropped from 1.9 percent in the first quarter of 2005 to 1.47 percent this year, and Rogers said its postpaid average revenue per user rose 5 percent to $54.96.

On the prepaid side, Rogers gained an additional 126,500 customers with an ARPU of $10.32, which was down more than 3 percent year-over-year. Prepaid churn, meanwhile, was up 13 percent from the first quarter of 2005, to 4.18 percent.

Rogers ended the quarter with 4.9 million postpaid and 1.3 million prepaid subscribers.

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