Cable / Telecom News

Rogers posts record quarter

TORONTO – "This year's second quarter EBITDA is greater than the full EBITDA of 1996... the six months EBITDA is higher than the full year in 2002," Rogers Communications CEO Ted Rogers said this morning in unveiling the company's second quarter results, for the three months ended June 30th. Consolidated revenue grew 29% to $2.24 billion in the quarter and consolidate operating profit increased 31% to $742 Million. As for individual customer figures, wireless postpaid ARPU grew 6.9% and postpaid Churn fell to 1.27%. Residential and business local telephony lines have passed 735,000 All three of the company's operating units...