Rogers adds 109,000 New Wireless Customers over Q4 2009

February 17, 2010
Rogers LogoRogers released their 2009 4th Quarter results this morning which saw them add 109,000 new wireless customers. They also added 400,000 smartphones to their network pushing wireless data revenue to 24% of all wireless revenue. Rogers stock is currently down 4.43% on the day.

A great exert from their press release focused on their Wireless division:
Wireless network revenue growth was fuelled by data revenue growth of 45% and postpaid net subscriber additions of 109,000. Wireless data revenue now comprises 24% of Wireless network revenue and was helped by the activation of approximately 400,000 additional smartphone devices during the quarter, predominantly iPhone, BlackBerry and Android devices, of which approximately 40% were for subscribers new to Wireless. Subscribers with smartphones now represent 31% of the overall postpaid subscriber base, up from 19% from the same quarter last year, and generate ARPU nearly twice that of voice only subscribers. The growth in subscribers and data revenues was partially offset by ongoing economic and competitive pressures on roaming, long-distance and other usage-based revenue items.

You can find the the other big 3 cellular providers 4Q 2009 results here:

Posted in: Rogers