Rogers Reports Competitive Smartphone Market in Third-Quarter Results

Roger’s stylish quarterly inform notes that they “activated and upgraded roughly 609,000 smartphones” that were “predominantly iPhone, BlackBerry and Android devices.”

It’s not all good news, as the inform goes on to state that actress additional 74,000 newborn subscribers to its post-paid operations, which is a significant modify from 108,000 additional in the previous quarter. The ordinal lodge is considered a laboring back-to-school period when students ordered up newborn phone plans.

The modify in amount post-paid subscribers is said to be caused  by “heightened combative intensity.” Rogers, Telus, and Bell Canada are competing with apiece other and with newborn wireless carriers Wind Mobile, Mobilicity, Public Mobile and Quebecor’s Videotron for ambulatory customers.

Highlights from the report:

• Subscriber base increased by 166,000, attractive them to a amount subscriber base of 9,288,000.
• ARPU (Average Revenue Per User) was $61.79 in Q3, falling $2.59 from last year, which is good for us customers.
• 52 per cent of Rogers’ customers now hit smartphones.
• 74,000 lucrative newborn subscribers were additional to their post-paid operations
• Wireless accumulation revenue increased by roughly 28%
• Wireless accumulation revenue now comprise 36% of Wireless network revenue.
• Net income at $491 million amounted to 87 cents per share, up from the $380 million reported a assemblage earlier.

Nadir Mohamed, President and Chief Executive Officer of actress Communications Inc:

“Rogers delivered a balanced ordered of financial and subscriber results in the ordinal quarter, with continuing ontogeny in the grappling of an extremely combative environment. The capableness of our asset mix, compounded with a convergent enforcement on our priorities – wireless accumulation growth, client retention and managing our cost scheme – enabled actress to generate continuing brawny margins and liberated change line while increasing the amount of change returned to shareholders by threefold digits year-over-year.”

Shares in actress were up seven cents to $35.59 in afternoon trading weekday on the Toronto Stock Exchange.

[Canadian Business]

Rogers Reports Competitive Smartphone Market in Third-Quarter Results is a place from: iPhone in Canada Blog - Canada's #1 iPhone Resource

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