Rogers Reports Strong Fourth Quarter 2007 Results

Friday, February 22nd, 2008
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  • 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.