Toronto, Canada – Rogers Communications, one of Canada’s leading wireless carriers, has seen a significant boost in its wireless business, thanks to the expansion of its network infrastructure and the increasing population growth in the country.
According to the company’s latest financial report, Rogers’ wireless revenue has grown by 8.5% year-over-year, reaching a total of $2.15 billion in the second quarter of 2023. The company attributes this success to a combination of factors, including the expansion of its network coverage and the increasing demand for wireless services among Canadians.
Rogers has been investing heavily in its network infrastructure in recent years, expanding its coverage to new areas and upgrading its existing network to support faster data speeds and more reliable connectivity. This has allowed the company to attract new customers and retain existing ones, as more Canadians rely on wireless services for both personal and professional use.
In addition to its network expansion efforts, Rogers has also been benefiting from the population growth in Canada. According to recent statistics, Canada’s population has been steadily increasing over the past decade, with over 38 million people now calling the country home.
This has created a significant market opportunity for wireless carriers like Rogers, as more Canadians require wireless services for their everyday needs. In particular, the increasing demand for mobile data services has been a major driver of growth for the company, as more people use their smartphones and other connected devices to access the internet and stay connected on the go.
“We’re seeing strong demand for wireless services across Canada, and we’re working hard to meet that demand with the best network coverage and services in the industry,” said Joe Natale, President and CEO of Rogers Communications. “Our network expansion efforts, combined with the growing population in Canada, are creating significant growth opportunities for our business.”
Industry analysts have been quick to praise Rogers’ recent successes, noting that the company’s focus on network expansion and customer experience has paid off in a big way.
“Rogers has done an excellent job of staying ahead of the curve when it comes to network infrastructure and services, and that’s certainly reflected in its financial results,” said Roberta Fox, an industry analyst at Fox Group Consulting. “The company has also been investing heavily in its customer service capabilities, which has helped it to attract and retain more customers over time.”
Looking ahead, Rogers remains committed to continued growth and innovation, with plans to invest even more heavily in its network infrastructure and expand its offerings in areas such as Internet of Things (IoT) and 5G services.
As Natale noted in a recent statement, “We’re always looking for new ways to deliver value to our customers and stay ahead of the curve in a rapidly changing industry. We’re excited about the opportunities ahead and we’re confident in our ability to continue delivering strong results for our shareholders.”
