Cable / Telecom News

Q4 dips at RCI; switched digital coming

TORONTO – Wireless, digital cable, high speed Internet and cable telephony customers all saw growth slip in the fourth quarter, ended December 31st, reported Rogers Communications today. While the company announced a doubling of its annual dividend, the authorization for a share repurchase program, and full year 2008 guidance ranges, the fourth quarter subscriber numbers it released shows a slowdown in growth in the quarter, compared to Q4 2006, perhaps reflecting the marketing onslaught from all video and telephony carriers and the uncertain nature of the economy going into the new year. Gross postpaid additions on the wireless side of...