The company’s revenue is also down from the same period last year. Shares dropped on the news in early trading on Tuesday, and were down almost one per cent at publication time. Revenue at its wireless division is up one per cent. (Toronto Star, MobileSyrup)
Talking point: Rogers, Bell and Telus have faced increased competition from rivals like Shaw’s Freedom Mobile, which gained 37 per cent of all new postpaid subscribers between the four firms in the first quarter of 2019. In the same period, Rogers’ share of those new subscribers dropped from 35 per cent to 13 per cent. To compete, it added new wireless data pricing options that don’t charge overage fees, for which 365,000 subscribers have signed up, including two-thirds who opted for higher-priced plans then they had previously. Telus and Bell have since followed suit.