Rogers posts 19% wireless data revenue boost

23 Feb 2012

Rogers Communications has released its 2011 full-year financial and operating results. Wireless revenues increased by 2% to CAD7.138 billion (USD1.746 billion), whilst Rogers’ Cable division (including cable TV, fixed broadband, fixed telephony and integrated business services) posted a small increase in sales from CAD3.785 billion in 2010 to CAD3.796 billion in 2011. Group annual operating profit crept up by 1% to CAD4.571 billion, and net income climbed 4% to CAD1.563 billion. In highlights of its yearly results, Rogers’ wireless data revenue grew by 19% and net post-paid cellular subscriber additions totalled 42,000 in the fourth quarter, helping drive wireless data turnover to account for 37% of mobile network service revenue in the fourth quarter. During October-December 2011 791,000 gross additional smartphones were activated on the network, of which approximately 35% were for new mobile accounts, compared to 635,000 in 4Q10. This resulted in subscribers with smartphones representing 56% of the overall post-paid subscriber base as at 31 December 2011, up from 41% a year earlier.

TeleGeography notes that Rogers’ combined telecoms-only revenues (including wireless, broadband, fixed telephony and business solutions but excluding cable TV, media and others) rose slightly in the fourth quarter of 2011, from CAD2.266 billion a year earlier to CAD2.276 billion, as declines in home phone and corporate operations were offset by gains in wireless and high speed residential cable internet.

Canada, Rogers Communications