Cable / Telecom News

Profits up 23% at Rogers, but wireless growth ebbs

TORONTO – Smart phone users helped to boost profits at Rogers by 23% for its first quarter of 2010, the company reported Wednesday.But increased competition in the wireless industry contributed to a decline in growth in its wireless subscriber adds. Rogers signed on 47,000 net postpaid wireless subscribers, 57% fewer than in the same quarter last year.President and CEO Nadir Mohamed described the company as being “off to a solid start in 2010.""Our focus on wireless data and attracting and retaining higher value customers continues to pay dividends, while the improved results in our media division reflect the actions we took in...