Cable / Telecom News

Rogers shows gains across the board

TORONTO - Rogers Communications first quarter results met analyst expecations, showing good growth in all units. RCI’s consolidated revenue climbed 14% to $2.6 billion in the first quarter, ended March 31st while adjusted operating profit rose 21% to $984 million, and net income 102% to $344 million. Cable subscribers continued to grow, thanks to home phone additions and Rogers Wireless postpaid net subscriber additions were 97,000 in the quarter, with ARPU up 7% and churn down to 1.1%; "This was a robust start to 2008 both operationally and financially for which I'm thankful to our loyal customers and our thousands of...