TeleGeography Logo

Rogers Q1 revenues climb 2%, driven by fixed broadband growth

22 Apr 2021

Canadian fixed and mobile operator Rogers Communications’ total revenue reached CAD3.488 billion (USD2.780 billion) in Q1 2021, up 2% from CAD3.416 billion reported in Q1 2020. Total service revenue dropped by 1% year-on-year to CAD3.021 billion, as Wireless division turnover fell slightly from CAD2.077 billion in 1Q20 to CAD2.074 billion in the latest quarter, but the Cable division reported a 5% y-o-y revenue improvement to CAD1.020 billion. Rogers’ Media segment also saw revenue growth of 7% to CAD440 million in January-March 2021. Group quarterly EBITDA climbed 4% to CAD1.391 billion and three-month net income was 3% higher y-o-y at CAD361 million. Rogers reduced its Q1 CAPEX by 18% to CAD484 million.

Rogers’ mobile post-paid subscribers totalled 9.727 million at 31 March 2021, up 295,000 y-o-y, while its pre-paid subscribers fell 132,000 in the same period to 1.204 million. A 6% y-o-y decrease in wireless service revenue resulted from lower roaming revenue, due to continued global travel restrictions and decreasing overage revenue as a result of strong customer adoption of Rogers Infinite unlimited data plans, as well as lower wireless data usage as customers spent more time at home on Wi-Fi during the pandemic. 27% growth in wireless equipment revenue in the quarter was driven by higher gross additions and device upgrades by existing customers, and the shift in product mix towards higher-value devices.

Cable broadband internet subscribers stood at 2.612 million at end-March, up 61,000 y-o-y. Cable service revenue growth of 5% was attributed to ‘disciplined promotional activity and internet/legacy television service pricing changes in late 2020’ alongside growing internet and new-generation ‘Ignite TV’ subscribers (the latter increasing by 185,000 y-o-y to 602,000, approaching roughly 45% of Rogers’ total CATV base). Furthermore, Rogers expanded its cable broadband network footprint by 99,000 premises y-o-y to 4.599 million homes passed by the end of 1Q21.

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.