Surprise, surprise (*sarcasm) the iPhone has increased revenue for yet another wireless provider. Rogers Communications announced that profit soared to $495-million this quarter (Sept. 30), compared with $269-million last year. These numbers are almost guaranteed for the next 3 years as most iPhone users were required to sign up for a 3 year contract. Some additional numbers: average monthly revenue per user also climbed 4%, digital cable subscriptions were also up, as well as share prices.
iPhone = license to print money
I bet Telus is regretting it’s decision to go with CDMA. GSM FTW. When Apple chose Rogers as their provider to distribute the iPhone. Can you say monopoly? Can’t another cell phone provider make a big splash into the Canadian market and setup another GSM network?
[...] Canuck News Blog put an intriguing blog post on Rogers rides the iPhone to profit increaseHere’s a quick overviewSurprise, surprise (*sarcasm) the iPhone has increased revenue for yet another wireless provider….These numbers are almost guaranteed for the next 3 years as most iPhone users were required to sign up for a 3 year contract….When Apple chose Rogers as their provider to distribute the iPhone. Can you say monopoly?… [...]
By: Rogers rides the iPhone to profit increase » iPhone Tricks on October 28, 2008
at 12:59 pm
I agree with you, the last time, I also do not like their policies
By: Dmitry on October 29, 2008
at 8:33 am