Rogers has today reported its second quarter earnings, with operating revenue remaining unchanged in comparison to the same period a year ago, though profits are down 24% (from $532) to $405 million.
On the wireless side, Rogers added 38,000 postpaid subscribers the past quarter, down roughly 60% from the 98,000 reported for the same period in 2013. The carrier activated and upgraded about 588,000 smartphones for new and existing subscribers during the past three months, consistent with the approximately 678,000 in the same period a year prior.
Currently smartphone users account for 76% of Rogers’ postpaid subscriber base, up from 72% in the second quarter last year. This has however, pushed data revenue higher-with 12% this quarter. In fact, data revenue exceeded voice revenue and represented about 51% of total network revenue for this past quarter, compared to 46% in the same period in 2013.
Rogers surpassed the 8 million mark for postpaid subscribers, now numbering 8,114,000, while the prepaid subscriber base dropped to 1,325 million. The monthly average revenue per user (ARPU) for postpaid subscribers was $66.40, while for prepaid subscribers this dropped to $15.40, compared to $67.36 and $15.79 respectively reported for Q2 2013,.
The wireless player says it deployed 700 MHz spectrum in select Vancouver, Calgary, Montreal and Toronto communities, and over the next three years it plans to enhance its LTE network with 700 MHz spectrum, facilitated by $450 million planned network investment.
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TV is where they’re taking a hit. Many people, including me, have opted to drop Rogers cable and sign up for internet (from a smaller provider) and Netflix. There’s very little true value left in cable tv.
Only thing cable is good for nowadays is HD viewing of major sporting events. At least it’s available on basic.
Agreed although there’s ways around that too with xbmc.
I just head down to a local sports bar for that. It’s usually a lot more enjoyable that way.
I genuinely can’t wait to get both my wife and myself off of Rogers. I’ve had too many bad experiences with their customer service in the past 7 years and the last 1 I had where the rep actually argued with me for hours over Facebook was the final straw.
just call and leave, why wait.
I’m still under contract. I may buy it out when the new iPhone 6 comes out though and just switch, although we don’t really have a good 2nd option here in BC and if you say Wind, you’re wrong, they don’t even have LTE. I’m also a high data user so I need a data heavy plan and the smaller sub companies aren’t that great for those type of plans, they are more aimed at the low end bargain shoppers. Policy wise though I feel that Telus may be the best option right now.