Rogers adds 281,000 post-paid mobile users in FY19

24 Jan 2020

Total revenue at Canada’s Rogers Communications fell by 0.2% to CAD15.073 billion (USD11.461 billion) in full-year 2019, while revenue in the fourth quarter rose 0.4% year-on-year to CAD3.952 billion. Wireless revenue climbed 1% y-o-y in the quarter to CAD2.493 billion (also up 1% over the full year to CAD9.250 billion) while Cable quarterly revenue was virtually flat y-o-y at CAD987 million (4Q18: CAD989 million) and up 1% in FY19 at CAD3.954 billion. Adjusted EBITDA improved 1% to CAD1.530 billion in 4Q19 and by 4% to CAD6.212 billion in FY19. Annual CAPEX spending was up 1% at CAD2.807 billion and yearly net profit reached CAD2.043 billion, down 1% compared to FY18.

Rogers added a net 281,000 post-paid mobile subscribers in the twelve months to 31 December 2019, reaching a total of 9.438 million, while its pre-paid user base dropped by 224,000 in the same period to 1.402 million. It noted that a 1% decrease in 4Q19 mobile service revenue was a result of a 1% decrease in blended ARPU due to a decrease in average revenue as a result of strong customer adoption of new ‘Rogers Infinite’ unlimited data plans, and elevated competitive intensity in the marketplace. Cable internet subscribers grew by 104,000 in the year to 2.534 million. Pay-TV subscribers dropped by 106,000 to 1.579 million and fixed telephony users fell 44,000 to 1.072 million.

Canada, Rogers Communications