Rogers adds 26k digital cable subscribers in 1Q10
Wednesday, April 28th, 2010TORONTO — Rogers Communications Inc. (TSX: RCI.a; RCI.b)(NYSE: RCI) today announced the filing of its consolidated financial and operating results for the three months ended March 31, 2010.
Cable
Cable continues to lead the Canadian cable industry in digital penetration. The digital cable subscriber base grew by 7% from March 31, 2009 to March 31, 2010, to 74% of television households, compared to 69% as at March 31, 2009. Increased demand from subscribers for the larger selection of digital content, video on demand, HDTV and personal video recorder (“PVR”) equipment continues to drive the growth in the digital subscriber base.
Summarized Subscriber Results:
Three months ended March 31, ------------------------------ (Subscriber statistics in thousands) 2010 2009 Chg ------------------------------------------------------------------------- Cable homes passed 3,646 3,560 86 Television Net additions (losses) 1 (8) 9 Total television subscribers 2,296 2,312 (16) Digital cable Households, net additions 26 35 (9) Total households 1,689 1,585 104
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