Rogers Reports Strong Fourth Quarter 2007 Results
Friday, February 22nd, 2008
- Cable ended the quarter with 656,000 residential voice-over-cable telephony subscriber lines. Net additions of voice-over-cable telephony lines were 65,000 for the quarter, of which approximately 2,000 were migrations from the circuit-switched platform.
- Cable’s Internet subscriber base grew by 46,000 in the quarter to 1,465,000, while basic cable subscribers increased by 20,000 to 2,295,000 and digital cable households increased by 61,000 to reach 1,353,000.
TORONTO — Rogers Communications Inc. today announced its consolidated financial and operating results for the three and twelve months ended December 31, 2007.
CABLE OPERATIONS
Summarized Subscriber Results ------------------------------------------------------------------------- Three months ended Twelve months ended December 31, December 31, ----------------------------------------------------- (Subscriber statistics in thousands, except ARPU) 2007 2006 Chg 2007 2006 Chg ------------------------------------------------------------------------- Cable homes passed 3,575 3,481 94 Basic Cable Net additions 20 11 9 18 13 5 Total Basic Cable subscribers 2,295 2,277 18 Core Cable ARPU $ 57.97 $ 53.83 $ 4.14 $ 56.39 $ 52.37 $ 4.02 Digital Cable Terminals, net additions 110 115 (5) 374 358 16 Terminals in service 1,871 1,497 374 Households, net additions 61 70 (9) 219 221 (2) Households 1,353 1,134 219 -------------------------------------------------------------------------
The digital cable subscriber base grew by 19% from December 31, 2006 to December 31, 2007. Digital penetration now represents 59% of basic cable households. Strong demand for High Definition (“HD”) and Personal Video Recorder (“PVR”) digital set top box equipment combined with the success of Cable’s “Personal TV” and awareness of the “triple play” marketing campaign, which offers cable television, high-speed Internet and Rogers Home Phone
services in discrete packages, contributed to the growth in the digital subscriber base of 61,000 households in the three months ended December 31, 2007. In addition, basic cable subscribers increased by 20,000 in the fourth quarter.
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