Rogers Unveils 2011 4Q Results

Rogers Communications reported on its 2011 fourth quarter results recently, announcing an adjusted operating profit gain of 3% over 2010. The firm also announced that cable operations revenue rose 3% as well, the growth based on a 59% increase in total cable service unit net additions, while margins of 48% reflect ongoing realization of cost efficiencies. Other highlights include:

  • Added 44,000 digital cable subscribers over 2011, with 10,000 of these occurring in Q4 (totals do not include Compton acquisition)
  • Added over 100,000 high-speed cable Internet subscribers over the year, with 25,000 added in Q4

For full report, see http://www.rogers.com/cms/pdf/en/IR/QuarterlyReport/2011-Q4_Results-Release.pdf