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Rogers<\/a>' push to expand its 5G network<\/a> and bundle subscriber plans has helped it win customers from rivals in a competitive market where wireless charges are among the highest in the world.
The telecom operator added 193,000 monthly bill paying wireless phone subscribers in the fourth quarter, comfortably beating FactSet estimate of 146,800. It added 164,000 users in the preceding quarter.
Rogers<\/a>' media business, which includes TV and radio properties, benefited from a jump in advertising during the holiday quarter, with revenue increasing 17% to C$606 million ($456 million).
Revenue at its core wireless business grew 7% to C$2.58 billion, in line with estimates, as it drew more users thanks to promotional offers on latest mobile phones such as Apple<\/a> iPhone 14<\/a> and Samsung Galaxy Z<\/a>.
Total revenue increased 6% to C$4.17 billion in the quarter ended Dec. 31, inching past analysts' average estimate of C$4.15 billion, according to Refinitiv data.
Rogers is in the final stages of closing the deal to acquire smaller rival Shaw Communications Inc, which will allow it to bundle its wireless prowess with Shaw's cable services and reduce subscriber churn.
Earlier this week, the companies extended the closing date of the merger and the sale of Shaw unit Freedom Mobile<\/a> to Quebecor Inc to Feb. 17 from January-end.
The deal, which will create Canada's No. 2 telecom operator, needs minister Francois-Philippe Champagne's approval for the transfer of spectrum licenses from Freedom Mobile<\/a> to Quebecor's Videotron.
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罗杰斯扩大的推动5 g网络和包用户计划已经帮助它从竞争对手在竞争激烈的市场中赢得顾客,无线收费是世界上最高的之一。
电信运营商增加193000第四季度每月付账单无线电话用户,轻松击败FactSet估计的146800人。在前面的季度增加了164000用户。
罗杰斯媒体业务,包括电视和广播特性,受益于广告跳转假日购物季期间,与营收增加17%至6.06亿加元(约合4.56亿美元)。
无线业务收入的核心增长7%至25.8亿加元,符合预期,因为它吸引了更多的用户由于优惠等最新的手机苹果 iPhone 14和三星Galaxy Z。
总收入增长了6%,达到41.7亿加元在截至12月31日的第一季,缓慢的过去分析师平均预计的41.5亿加元,据Refinitiv数据。
罗杰斯是在关闭的最后阶段收购规模较小的竞争对手肖通信公司,这将使其包无线实力与萧伯纳的有线电视服务,减少用户流失。
本周早些时候,两家公司合并的截止日期延长和肖的销售单位自由移动Quebecor公司从一月底2月17日。
这笔交易,这将创建加拿大第二大电信运营商,需要部长Francois-Philippe香槟的频谱许可证转让的批准自由移动Quebecor Videotron。
