Parent company to the Canadian wireless operator, Rogers Communications, recently released their Q2 2006 fiscal results, and the results were good. The communications giant reported Consolidated Revenue Growth of 29% to $2.24 billion and a Consolidated Operating Profit increase of 31% to $742 million.
Rogers Wireless also had a strong showing, with a quarterly net additions of 130,000 subscribers, reflecting an 11.6% increase from the postpaid subscriber growth reported in the second quarter of 2005. During the month of June, wireless data revenue increased by 68.3% to $209.2 million, compared to the same time period last year. Rogers attributed the growth to text messaging services and wireless Internet access, with a heavy emphasis on BlackBerry use.
To read the full report, go here.