Rogers Communications revenue 2010-2023

Over the past three years, Rogers Communications' total revenue has steadily increased, generating 19.31 billion Canadian dollars in 2023. This result is the highest the revenue has reached since the year 2010. 

Rogers Communications – additional information

Based in Toronto, Rogers Communications is a Canadian communications and media company that operates in the cable television, Internet, telephone, and wireless markets. The company also owns further telecommunications and mass media assets. Rogers is one of Canada's most trusted telecommunications brands and the largest provider of retail wireless services. The company employs around 27,000 people.

Rogers Communications' main competitors are Bell Canada, which operates a similar portfolio of media, wireless, and wireline services; Telus Communications Company, which competes in the wireless market; and Shaw Communications, which serves as a significant competitor in the television market. Shaw Communications and Rogers co-own a video-on-demand service that competes with Netflix in the Canadian market.

Rogers Communications has a total of 9.45 million wireless subscribers, including 8.1 million subscribers on postpaid accounts. Across both prepaid and postpaid accounts, each user brings in an average revenue (ARPU) of 67 Canadian dollars. According to Rogers' financial reports, the company has a monthly wireless churn rate of approximately 1.3 percent among its postpaid subscribers.

In the wireline segment, Rogers has seen a fall in cable television subscriptions in recent years, although this has been offset by a rise in cable Internet subscriptions in the same period. However, television services remains Rogers Communications greatest source of cable revenue.