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Rogers income soars on strong wireless results

TORONTO—Canadian telecommunications provider Rogers Communications Inc. boosted its operating revenue by 28 percent from the first quarter of 2005, results driven primarily by a nearly 36-percent growth in its wireless operations. The company noted its wireless revenues were just over $1 billion for the quarter.

The company posted 89,600 net postpaid wireless additions during the quarter, up nearly 15 percent year-over-year. Postpaid churn dropped from 1.9 percent in the first quarter of 2005 to 1.47 percent this year, and Rogers said its postpaid average revenue per user rose 5 percent to $54.96.

On the prepaid side, Rogers gained an additional 126,500 customers with an ARPU of $10.32, which was down more than 3 percent year-over-year. Prepaid churn, meanwhile, was up 13 percent from the first quarter of 2005, to 4.18 percent.

Rogers ended the first quarter with 4.9 million postpaid subscribers and 1.3 million prepaid subscribers.

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