Cable & Telecom

Q1 revenues, profits dip at Rogers

Best ever postpaid churn rateTORONTO – Slowing wireless equipment sales and a dip in its media division revenues took a bite out of Rogers’ first quarter revenues and profits, the company said Thursday.For the period ended March 31, total revenue decreased 1% to $3.59 billion, largely driven by 12% drops in both Wireless equipment revenue and Media revenue.  Rogers said that declining Wireless equipment revenue was primarily a result of its “disciplined approach to postpaid subscriber loading this quarter”, whereas Media revenue fell year-over-year due to a distribution from Major League Baseball in the first quarter of 2018.These declines were...
 

Our industry and COVID-19

We've gathered a number of links where Canadian cable, radio, television, telecom and wireless companies have posted their responses to the Covid-19 pandemic.