Rogers Commun (NYSE:RG)
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TORONTO, Jan. 8 /PRNewswire-FirstCall/ -- Rogers Communications Inc. (TSX: RCI; NYSE: RG) today announced selected preliminary fourth quarter 2006 subscriber results.
"Rogers ended 2006 with solid subscriber results reflecting the continued healthy demand in the markets we serve and the innovative product sets we offer across our wireless, cable, high-speed Internet and telephony services businesses," said Ted Rogers, President and CEO of Rogers Communications. "These results also reflect our continued success in delivering convenience and value for our customers, while at the same time quickly ramping up the availability of new products and services. As we enter 2007, our focus remains on growth, innovation and disciplined execution."
Selected Preliminary 2006 Subscriber Statistics
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Three Months Ended Twelve Months Ended
December 31 December 31
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(Subscriber statistics
in thousands, except
churn) 2006 2005 Change 2006 2005 Change
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Wireless Postpaid
Retail Subscribers 5,398.3 4,818.2 580.1
Gross additions 384.5 422.3 (37.8) 1,375.2 1,453.5 (78.3)
Net additions 189.3 202.6 (13.3) 580.1 603.1 (23.0)
Churn % 1.24% 1.57% (0.33%) 1.32% 1.61% (0.29%)
Wireless Prepaid
Retail Subscribers 1,380.0 1,349.8 30.2
Gross additions 181.1 160.3 20.8 615.4 576.5 38.9
Net additions 55.2 13.7 41.5 30.2 15.7 14.5
Churn % 3.14% 3.68% (0.54%) 3.70% 3.54% 0.16%
Total Wireless
Retail Subscribers 6,778.3 6,168.0 610.3
Gross additions 565.6 582.6 (17.0) 1,990.6 2,030.0 (39.4)
Net additions 244.5 216.3 28.2 610.3 618.8 (8.5)
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Basic Cable
Subscribers 2,277.1 2,263.8 13.3
Net additions(1) 10.7 8.0 2.7 13.3 9.2 4.1
Digital Cable
Households 1,134.0 913.3 220.7
Net additions(1) 69.6 73.2 (3.6) 220.7 237.8 (17.1)
Residential High-speed
Internet
Subscribers(2) 1,291.0 1,136.2 154.8
Net additions(1)(2) 44.8 59.9 (15.1) 154.8 205.0 (50.2)
Residential Cable
Telephony Subscribers 365.9 47.9 318.0
Net additions(3) 95.1 29.8 65.3 318.0 47.9 270.1
Cable Revenue
Generating Units
(RGU's)(4) 5,068.0 4,361.2 706.8
Net additions 220.2 170.9 49.3 706.8 499.9 206.9
Residential Circuit-
Switched Telephony
Subscribers 349.6 390.8 (41.2)
Net additions(3)(5) (8.4) 26.0 (34.4) (41.2) 79.8 (121.0)
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(1) Effective August 2005, voluntarily deactivating cable subscribers are
required to continue service for 30 days from the date termination is
requested. This continued service period, which is consistent with
the billing and subscriber agreement terms and conditions, had the
impact of decreasing net basic cable, high-speed Internet and digital
household subscriber net additions by approximately 7,200, 2,700 and
1,800, respectively, in the three months ended December 31, 2005 and
increasing net basic cable, high-speed Internet and digital household
subscriber net additions by approximately 9,500, 5,200 and 3,800,
respectively, in the twelve months ended December 31, 2005.
(2) Residential high-speed Internet subscribers do not include
residential ADSL and fixed wireless subscribers. The prior year high-
speed Internet subscriber base was reduced by approximately 8,900 to
reclassify non-residential customers into Rogers Business Solutions.
(3) Includes approximately 13,100 and 36,700 migrations from circuit-
switched to cable telephony for the three and twelve months ended
December 31, 2006, respectively.
(4) Cable revenue generating units (RGUs) are comprised of basic cable
subscribers, digital cable households, residential high-speed cable
Internet subscribers and residential cable telephony subscribers.
(5) The residential circuit-switched telephony subscriber base was
acquired as a part of the acquisition of Call-Net Enterprises Inc.
("Call-Net") on July 1, 2005. The operating data presented for the
twelve months ended December 31, 2005 is prepared on a pro-forma
basis assuming the acquisition of Call-Net occurred on January 1,
2004, is for illustrative purposes only and does not purport to
represent what the results of operations actually would have been if
the transaction had occurred on January 1, 2004, nor does it purport
to project the results of operations for any future period.
About the Company
Rogers Communications Inc. (TSX: RCI; NYSE: RG) is a diversified Canadian communications and media company engaged in three primary lines of business. Rogers Wireless is Canada's largest wireless voice and data communications services provider and the country's only carrier operating on the world standard GSM technology platform. Rogers Cable and Telecom is Canada's largest cable television provider offering cable television, high-speed Internet access, residential telephony services, and video retailing, while its Rogers Business Solutions division is a national provider of voice communications services, data networking, and broadband Internet connectivity to small, medium and large businesses. Rogers Media is Canada's premier collection of category leading media assets with businesses in radio and television broadcasting, televised shopping, publishing, and sports entertainment. For further information about the Rogers group of companies, please visit http://www.rogers.com/.
DATASOURCE: Rogers Communications Inc.
CONTACT: Investment Community Contacts: Bruce M. Mann, (416) 935-3532,
; Dan Coombes, (416) 935-3550,
; Media Contacts: Wireless, Cable and Telecom -
Taanta Gupta, (416) 935-4727, ; Corporate and Media
- Jan Innes, (416) 935-3525,