TeleGeography Logo

Rogers reports 1Q profit hike; announces iPhone coup

30 Apr 2008

Rogers Communications has announced that its first quarter net profit more than doubled year-on-year from CAD170 million (USD168 million) to CAD344 million, on revenues that rose 14% to CAD2.61 billion. GSM mobile turnover in the three months ended 31 March 2008 climbed 16% year-on-year to CAD1.43 billion, with operating income up 21% to CAD705 million, and mobile data service revenues up 47%. Rogers added 68,000 net new mobile subscribers in the quarter (broken down into 97,000 new contract users and a 29,000 reduction in pre-paid customers) to take its total to 7.406 million (81% post-paid), whilst it gained 41,000 cable modem broadband internet users in the period for a total of 1.51 million.

Rogers also announced it had struck a deal with Apple to launch the iPhone in Canada, although it said further details would be revealed later this year.

Canada, Rogers Communications

GlobalComms Database

Want more? Peruse the GlobalComms Database—the most complete source of intel about mobile, fixed broadband, and fixed voice markets.


TeleGeography is the definitive source for telecom news, numbers, and analysis. Explore the full research catalog.