Revenue at Canadian communications company Rogers Communications was up in the fourth quarter, despite recent reports that the company will make cuts in its Media division, according to the company’s Wednesday financial report.
For the quarter, the Rogers reported a 3 percent increase in consolidated revenue, including four percent growth in Wireless, three percent growth in Media and decreases of two percent each in Cable and Business Solutions.
The company saw particular success with its Wireless and Internet offerings, the latter of which had net additions of 16,000 for an improvement of 20,000 year-over-year. Internet revenue was also up 10 percent for the quarter.
Rogers CEO Guy Laurence attributed the growth in both Wireless and Media to the company’s efforts to improve customer service, but said there is still more ground to cover under the company’s multi-year growth strategy, Rogers 3.0.
“Whilst we are making good progress, we aren’t resting on our laurels, and we recognize there is more work to do,” Laurence said. “We delivered on our full-year guidance and our strategy continues to gain traction in the market. We enter 2016 with an outlook of continued growth and remain focused on delivering year two of Rogers 3.0.”
The company said it also will look to strengthen its Cable position in 2016 with the roll out of its IGNITE Gigabit service to its entire footprint by the end of the year. Rogers will also look to provide enhanced video offerings to customers, including an improved legacy interface, 4K TV and the launch of IP TV services.