US EditionRogers Communications reports Q1 profit and revenue up from year ago
- Rogers Communications Inc. Reported a profit of $280 million, or 50 cents per diluted share, for the first quarter ending March 31, which is up from $256 million a year ago.
- Revenue for the quarter was $4.98 billion, an increase from $4.90 billion the previous year.
- Wireless service revenue grew by two percent due to an increase in subscribers, while media revenue rose 24 percent, supported by higher sports-related revenue.
- Rogers gained 34,000 mobile phone net subscribers, which included 11,000 postpaid and 23,000 prepaid.
21 Articles
21 Articles
Rogers Q1-2025 revenue, subscriber growth, ARPU, Capex - TelecomLead
Rogers Communications has reported ongoing subscriber and financial growth, achieving strong year-over-year margin improvement despite a cooling market. Tony Staffieri Rogers Communications The company announced a $7 billion minority equity investment in April, significantly deleveraging its balance sheet and lowering the debt leverage ratio to 3.6x from 5.2x following the Shaw acquisition two years prior. Rogers has invested $978 million in cap…
Rogers boasts 24% media revenue bump in Q1 - Broadcast Dialogue
Rogers Communications Inc. has announced its Q1 financial and operating results for the three months ended March 31, boasting a 24% bump in media revenue. Total revenue and total service revenue each increased by 2% this quarter, driven by service revenue growth in the company’s Wireless and Media businesses. Wireless service revenue increased by 2%, primarily as a result of continued subscriber base growth, offset by a decline of 3% in Wireless…
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