Rogers sees profit jump, dislikes buckets

Canada's Rogers Communications saw its profit soar 44% during the fourth quarter of 2007, and as with so many other operators, wireless was a major driver in the strong finish. Net income came in at $254 million or about 40 cents per share. Wireless revenue alone increased about 17%. Meanwhile, Rogers Cable added 65,000 voice telephony customers during the quarter, and now has 656,000 total. Rogers officials also said they are not interested in being swept up by the bucket-plan ballyhoo taking hold of the wireless industry in the U.S. market. An analyst quoted in The Toronto Star noted that those bucket plans might make things difficult for carriers, as bandwidth consumption will become much harder to predict and control.

For more:
- see this coverage at The Toronto Star

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