Rogers Communications Reports First Quarter 2021 Results
Strong execution in Wireless, Cable, and Media deliver solid operational improvements despite continued pandemic lockdown environment Expanded Wireless adjusted EBITDA service margin by 310 basis points; strong Wireless postpaid net subscriber additions of 44,000 Monthly postpaid churn of 0.88%, improved 5 basis points Service revenue down 6% and adjusted EBITDA down 1% Increased Cable service revenue by 5%; grew adjusted EBITDA by 8% Adjusted EBITDA margin up 110 basis points; capital intensity at 21% Grew Media revenue by 7%, adjusted EBITDA improved by 31%, reflecting the return of live pr...
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