Rogers Communications’ revenue was up 13 percent from the like quarter a year ago to $2.6 billion, and its net profit increased 75 percent from last year to $269 million.
Rogers prospered with four services: wireless, voice, data and video. The company added a net 195,000 wireless subscribers to surpass 7 million total; Rogers added 171,000 in Q3 2006.
VoIP subscribership increased by 81,000, for a running total of 590,000. Rogers is slowly migrating subscribers from its circuit-switched phone service; it said that 7,800 of the net additions were customers migrating from the company’s own circuit-switched service.
Internet subscribers grew by 55,000 to a total of 1,418,500. Internet penetration is 62 percent of basic cable households, and 40 percent of homes passed.
Basic cable subscribers increased by 9,100 to a total of 2,275,400 and digital cable households increased by 54,800 to reach a total of 1,291,800, the company reported. Digital penetration is now up to 57 percent.
Profits in broadband and video were up, due largely to an increase in subscribers, and in part to price increases in both services. The price increases in broadband were offset by a larger proportion of customers electing to subscribe to the lowest speed tiers.