Cable & Telecom

Wireless growth softens, but that was the plan; RCI now a wireless company with a cable investment

TORONTO – Preliminary subscriber data shows that Rogers Wireless added fewer customers in the fourth quarter of 2005 as compared to ’04, but according to a senior executive, that’s just how they wanted it. The country’s largest wireless carrier added 216,300 net customers in the last three months of 2005, a drop from Q4 ’04 when it added 262,900 subscribers. Rogers Wireless now has 6.2 million customers However, a dampening on growth was more or less the company’s strategy, said John Gossling, vice-president, financial operations, at Monday’s Citigroup 16th Annual Media and Telecom Conference in Phoenix, Ariz. “Not to say...