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Rogers Announces Wireless and Cable Subscriber Results for Fourth
Quarter 2004
TORONTO, Jan. 10 /PRNewswire-FirstCall/ -- Rogers Communications Inc. (TSX:
RCI; NYSE: RG) today announced selected preliminary fourth quarter 2004
subscriber results for its wireless and cable operations.
"Rogers ended 2004 with strong quarterly wireless and cable subscriber results,
reflecting our continued success in delivering innovation, convenience and
value for our customers and the execution of our recent strategic initiatives,"
said Ted Rogers, President and CEO of Rogers Communications. "The markets for
wireless, cable and high-speed Internet services have continued to be robust,
and as we enter 2005, our focus will remain on the disciplined execution of our
strategy of profitable growth, the integration of our recently acquired
wireless assets and the continued deployment of unique and innovative products
that add value to our customers' lives."
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WIRELESS Three Months Ended December 31,
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(Subscriber statistics in
thousands except churn) 2004 2003 Chg % Chg
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Postpaid Voice and Data
-----------------------
Gross additions (1) 397.4 338.4 59.0 17.4
Net additions (1)(2) 185.8 166.2 19.6 11.8
Acquisition of Microcell (3) 752.0 - 752.0 -
Total postpaid retail
subscribers (2)(4)
Churn (%)(2) 1.89% 1.99% (0.10%) (5.0)
Prepaid
-------
Gross additions (1) 126.7 67.4 59.3 88.0
Net additions (1)(5) 58.9 6.4 52.5 -
Acquisition of Microcell (3) 541.8 - 541.8 -
Adjustment to subscriber base (6)
Total prepaid retail subscribers
Churn (%)(5) 2.16% 2.73% (0.57%) (20.9)
Total - Postpaid and Prepaid
----------------------------
Gross additions (1) 524.1 405.8 118.3 29.2
Net additions (1)(2) 244.7 172.6 72.1 41.8
Acquisition of Microcell (3) 1,293.8 - 1,293.8 -
Adjustment to subscriber base (6) - - - -
Total retail subscribers (2)(4)
Wholesale subscribers (1) (4)
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WIRELESS Twelve Months Ended December 31,
-------------------------------------------------------------------------
(Subscriber statistics in
thousands except churn) 2004 2003 Chg % Chg
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Postpaid Voice and Data
-----------------------
Gross additions (1) 1,161.5 1,021.5 140.0 13.7
Net additions (1)(2) 446.1 400.2 45.9 11.5
Acquisition of Microcell (3) 752.0 - 752.0 -
Total postpaid retail
subscribers (2)(4) 4,184.1 3,029.6 1,154.5 38.1
Churn (%)(2) 1.81% 1.88% (0.07%) (3.7)
Prepaid
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Gross additions (1) 319.0 257.4 61.6 23.9
Net additions (1)(5) 32.5 2.0 30.5 -
Acquisition of Microcell (3) 541.8 - 541.8 -
Adjustment to subscriber base (6) - (20.9) 20.9 -
Total prepaid retail subscribers 1,334.1 759.8 574.3 75.6
Churn (%)(5) 2.94% 2.82% 0.12% 4.3
Total - Postpaid and Prepaid
----------------------------
Gross additions (1) 1,480.5 1,278.9 201.6 15.8
Net additions (1)(2) 478.6 402.2 76.4 19.0
Acquisition of Microcell (3) 1,293.8 - 1,293.8 -
Adjustment to subscriber base (6) - (20.9) 20.9 -
Total retail subscribers (2)(4) 5,518.2 3,789.4 1,728.8 45.6
Wholesale subscribers (1) (4) 91.2 - 91.2 -
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CABLE Three Months Ended December 31,
-------------------------------------------------------------------------
(Subscriber statistics
in thousands) 2004 2003 Chg % Chg
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Homes passed
Basic cable subscribers
Basic cable, net
additions (losses) 5.9 8.6 (2.7) -
Internet subscribers (7)
Internet, net additions (7) 57.1 41.3 15.8 38.3
Digital terminals in service
Digital terminals, net additions 66.5 50.9 15.6 30.6
Digital households
Digital households, net additions 48.4 43.2 5.2 12.0
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CABLE Twelve Months Ended December 31,
-------------------------------------------------------------------------
(Subscriber statistics
in thousands) 2004 2003 Chg % Chg
-------------------------------------------------------------------------
Homes passed 3,291.1 3,215.4 75.7 2.4
Basic cable subscribers 2,254.6 2,269.4 (14.8) (0.7)
Basic cable, net
additions (losses) (14.8) (0.9) (13.9) -
Internet subscribers (7) 936.6 777.8 158.8 20.4
Internet, net additions (7) 158.8 149.3 9.5 6.4
Digital terminals in service 795.7 613.6 182.1 29.7
Digital terminals, net additions 182.1 157.5 24.6 15.6
Digital households 675.4 535.3 140.1 26.2
Digital households, net additions 140.1 133.8 6.3 4.7
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(1) Subscriber activity includes Microcell beginning November 9, 2004.
(2) Effective December 1, 2004, voluntarily deactivating subscribers are
required to continue billing and service for 30 days from the date
termination is requested, consistent with the subscriber agreement
terms and conditions, resulting in approximately 15,900 additional
net postpaid subscribers being included in the quarter.
(3) Microcell subscriber base upon closing of acquisition on
November 9, 2004.
(4) Effective at the beginning of fourth quarter 2004, wholesale
subscribers are reported separately under 'wholesale'. Accordingly,
approximately 43,600 Rogers Wireless wholesale subscribers were
reclassified from the postpaid subscriber base to the 'wholesale'
category.
(5) Effective November 9, 2004, the deactivation of prepaid subscribers
acquired from Microcell are recognized after 180 days of no usage to
conform to the Rogers Wireless prepaid churn definition.
(6) In 2003, we determined that subscribers who only had non-revenue
usage should not have been included in the prepaid subscriber base
and, as such, made an adjustment to the second quarter of 2003
opening prepaid subscriber base.
(7) Effective in the third quarter of 2004, the reporting of Internet
subscribers was modified to include only those subscribers with
service installed, operating and on billing and to exclude those
subscribers who have subscribed to the service but installation of
the service was still pending. Prior period results for Internet
subscribers and net additions have been conformed to this current
presentation.
Rogers Communications expects to release fourth quarter 2004 financial and
operating results on or about February 9, 2005.
Cautionary Statement Regarding Forward Looking Information:
This news release includes certain forward looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995 that involve
risks and uncertainties. We caution that actual future events will be affected
by a number of factors, many of which are beyond our control, and therefore may
vary substantially from what we currently foresee. We are under no obligation
to (and expressly disclaim any such obligation to) update or alter any forward
looking statements whether as a result of new information, future events or
otherwise. Important additional information identifying risks and uncertainties
is contained in our most recent Annual Reports and Annual Information Forms
filed with the applicable Canadian securities regulatory authorities and the
U.S. Securities and Exchange Commission.
About the Company:
Rogers Communications Inc. (TSX: RCI; NYSE: RG) is a diversified Canadian
communications and media company. Its three primary businesses include Rogers
Wireless, Canada's largest wireless voice and data communications services
provider and the country's only carrier operating on the world standard
GSM/GPRS technology platform; Rogers Cable, Canada's largest cable television
provider offering cable television, high-speed Internet access and video
retailing; and Rogers Media, Canada's premier collection of category leading
media assets with businesses in radio, 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,
; Eric A. Wright, (416) 935-3550,
; Media Contacts: Corporate - Jan Innes,
(416) 935-3525, ; Wireless - Heather Armstrong,
(416) 935-6379, ; Cable - Taanta Gupta,
(416) 935-4727,