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Comparison Of Rogers 2016 Financial Performances Compared To 2015

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Rogers 2016 Financial Performances compared to 2015
Higher revenue Rogers revealed an established revenue increased of 3% for the first quarter of 2016 compare to 2015 results, mainly driven by growth in Wireless service and Media revenue. Its Wireless service revenue improved principally as a result of a superior subscriber base and the sustained embracing of higher-value Share Everything plans. Cable revenue declined 1%. Cable operating revenue decreased due to TV and Phone subscriber damages over 2015, moderately counterweight by Internet subscriber growth, drive of Internet subscribers to higher speed and usage tiers, and the influence of pricing changes throughout highest product categories. Sustained double-digit Internet revenue progress …show more content…

Lower net income and adjusted net income Net income declined during the first quarter of 2016 compared to 2015 due to a complex investment-related expenses, mainly as a result of their wind down of shomi, moderately counterbalance by greater adjusted operating profit. Adjusted net income declined due to advance of other investment-related profits incurred in the 2015.
Substantial free cash flow affords financial flexibility This quarter, Rogers sustained to produce considerable cash flow from operating activities and free cash flow of $1,185 million and $598 million, correspondingly. Free cash flow happened inferior year on year as the escalation in adjusted operating profit and condensed additions to property, plant and equipment were offset by a rise in cash tax payments due to a tax installment refund expected during the third quarter of 2015 in association with the acquisition of …show more content…

Improving the Customer Experience Rogers enhancements to the customer experience are a key driver in dropping their Wireless postpaid churn. Rogers enhanced postpaid churn by 5 bp year on year to 1.26%, which characterizes the lowermost third quarter churn as 2013. Rogers is dedicated to boosting their self-serve selections. The newest illustration of Rogers’ commitment to cultivating the customer experience within self-serve technology is a novel data manager tool launched in October 2016. This new tool, distribute all clients have full control over handling their Wireless data usage in real time.
Maintaining Leadership and Momentum in Wireless Our compelling value propositions, improving customer experience, and best-in-class networks continue to drive momentum in our Wireless segment. This quarter, Wireless reported its highest service revenue growth and postpaid net additions since 2010 and grew adjusted operating profit year on year. For the fifth quarter in a row, Wireless significantly increased postpaid net additions year on year. This quarter, Wireless saw an increase of almost 50%, or 37,000, to 114,000 net

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