Profits up at Rogers, but wireless growth slows

TORONTO - Rogers Communications Inc. facing increased competition from traditional rivals BCE and Telus, and from new wireless upstarts such as Wind Mobile offered a modest 2011 growth forecast yesterday.Rogers expects operating profit to be flat to slightly higher in 2011, at between $4.6 billion and $4.77 billion.Profit in the fourth quarter, however, was still up by 5% to $327 million compared to the same quarter last year.The company said it added 123,000 net wireless subscribers during the quarter ended December 31, 2010, which was down 5% from a year earlier. The decline for net post-paid customers was more dramatic,...