Rogers Revs Up Revenues

In the first quarter of 2009, Rogers Communications of Canada generated 5% year-on-year growth in revenue to 2.75 billion Canadian dollars (2.29 billion US dollars) thanks to 8% growth in its wireless network revenues. Wireless data revenue growth accelerated to 43% year-on-year, while capital expenditure climbed 12% to 359 million Canadian dollars.

Rogers forecast that revenue will grow between 5% and 9% in 2009 over the 11.34 billion Canadian dollars it generated in 2008. source: Rogers presentation