Cable / Telecom News

Wireless leads solid RCI Q2

TORONTO - Operating revenue increased 29% for the quarter ended June 30th at Rogers Communications Inc., with all three operating companies contributing to the year-over-year growth, including 47% growth at Wireless, 5.3% growth at Cable and 27.1% growth at Media. Consolidated quarterly operating profit grew 26.9% year-over-year, with 47.6% growth at Wireless (to $364.8 million compared to June 30 2004) and 13.9% growth at Media (to $44.2 million), offset by a 1% decline at Cable (to $171.6 million). The company passed the one million high speed Internet subscriber mark during the quarter. Wireless ended the quarter with a total of...