The CEO of Rogers says big U.S. carriers like Verizon shouldn't be allowed to buy new, struggling Canadian wireless companies at discount prices.
Chief executive officer Nadir Mohamed says Canada's major wireless carriers can't be blocked from buying small carriers while allowing foreign carriers to come in and do the same.
Mohamed told financial analysts on a conference call that Rogers welcomes competition, but wants a level playing field.
Verizon probing Canada
There have been reports that Verizon wants to enter the Canadian market and is planning to buy new carrier Wind Mobile while also in talks with struggling carrier Mobilicity.
The federal government blocked major carrier Telus from buying Mobilicity.
Mohamed also says that four wireless carriers have never been sustainable in geographically large country like Canada and that globally, the norm is three wireless carriers in one country.
In its financial results released Wednesday, Rogers Communications Inc. reported $497 million in adjusted net income in the second quarter, a four per cent increase from last year and better than analysts' consensus estimate.
Analysts had expected the Toronto-based wireless, cable and media company to have $491.95 million of adjusted net income.
Net income was also higher than expected, at $532 million or 93 cents per share — $22 million above the estimate and up from $413 million or 77 cents per share a year earlier.
Revenue grew three per cent to $3.2 billion.
Rogers said it had 98,000 net new post-paid wireless subscribers versus 87,000 year-over-year. Those were customers who are usually on lucrative three-year smartphone contracts.
The company said 72 per cent of its wireless customers now have smartphones compared with 63 per cent in the same quarter last year.
Anda sedang membaca artikel tentang
Rogers profit rises to $497M
Dengan url
http://belajarbisnismen.blogspot.com/2013/07/rogers-profit-rises-to-497m.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
Rogers profit rises to $497M
namun jangan lupa untuk meletakkan link
sebagai sumbernya
0 komentar:
Posting Komentar