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Rogers’ Q1 Mobile, Internet Gains Make up for TV, Landline Declines

Canadian quadruple-play operator Rogers Communications reports that its consolidated revenue increased 5% year-on-year in the first quarter of 2015 to CAD3.175 billion (USD2.599 billion), reflecting revenue growth of 4% in Wireless, 1% in Cable, and 26% in Media, with stable revenue in Business Solutions. Wireless turnover increased as a result of higher network revenue from the continued movement of customers to LTE, and the adoption of higher average revenue per user (ARPU) generating ‘Share Everything’ plans, as well as greater smartphone sales. Cable revenue was relatively stable as continued internet revenue growth was offset by decreased revenue from pay-TV and residential fixed line telephony.

Thanks to TeleGeography for the article

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Saturday, 16 November 2024

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