Cable / Telecom News

Revenue up (VOIP subs, too) but RCI loss grows


TORONTO – Thanks to integration expenses (of Microcell and Call-Net), Rogers Communications posted a loss of $66.7 million in the fourth quarter of 2005, ended December 31st.. While that's a far larger quarterly loss than in Q4 2004, the wireless, cable, telecom, and media giant's annual loss was 33.5% lower than last year at $44.6 million. Revenue in the quarter was $2.12 billion, a 35.4% increase over the same period last year and operating profit was $513 million, a 14% jump. Revenue for the full year was $7.48 billion, a 33.4% increase while OP was $2.14 billion, a 23.6% boost....