Cable / Telecom News

Wireless, cable, media, all up at RCI

TORONTO – Revenue, operating profit and subscriber levels increased across the board at Rogers Communications in the first quarter of 2007, ended March 31st. Consolidated revenue grew 15.8% to $2.3 billion while consolidated operating profit rose 34.3% to $798 million. Wireless postpaid ARPU (average revenue per user per month) jumped 8.7% year-over-year to $67.64, while postpaid churn fell to under 1.2%. Postpaid subscriber net additions grew 5.5% in Q1, while quarterly net additions of basic cable, digital cable, high-speed Internet and cable telephony subscribers all increased versus first quarter 2006. "I think it's thrilling when all three of our business...