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Rogers Communications Reports Fourth Quarter 2025 Results; Announces 2026 Financial Guidance
Globenewswire· 2026-01-29 12:00
Core Insights - Rogers Communications Inc. reported strong Q4 financial results with total service revenue increasing by 16% to CAD 5.3 billion and adjusted EBITDA rising by 6% to CAD 2.7 billion [1][3][7] - The company anticipates continued growth in service revenue and free cash flow for 2026, driven by disciplined execution and capital efficiency [4][27] Financial Performance - Q4 service revenue was CAD 2.1 billion, consistent with 2024, while adjusted EBITDA was CAD 1.4 billion, up 1% [6][9] - The company added 39,000 mobile phone subscribers in Q4, including 37,000 postpaid subscribers, with a postpaid churn rate of 1.43%, down 10 basis points [6][54] - Full-year mobile phone subscriber net additions totaled 245,000, including 145,000 postpaid subscribers [6] - Total revenue for the year increased by 13% to CAD 6.2 billion, with total service revenue up 16% to CAD 5.3 billion [7][9] Segment Performance Wireless - Wireless service revenue was CAD 2.1 billion, consistent with the previous year, while adjusted EBITDA increased by 1% to CAD 1.4 billion, resulting in a margin of 67% [6][11] - The wireless segment saw a slight decrease in equipment revenue by 1% due to fewer new subscribers purchasing devices [9][58] Cable - Cable service revenue remained stable at CAD 2.0 billion, with adjusted EBITDA also up by 1% to CAD 1.2 billion, leading to a margin of 59% [6][63] - Retail Internet net additions were 22,000 in Q4, contributing to a total of 100,000 net new retail Internet subscribers for the full year [6][64] Media - Media revenue surged by 126% to CAD 1.2 billion, driven by the acquisition of MLSE and the postseason success of the Toronto Blue Jays [10][72] - Adjusted EBITDA for the media segment increased significantly to CAD 221 million, reflecting a strong performance in sports-related revenue [12][73] Cash Flow and Capital Management - Free cash flow for Q4 was CAD 1.0 billion, up 16% from the previous year, with cash provided by operating activities increasing to CAD 1.7 billion [14][51] - The company achieved a debt leverage ratio of 3.9x at year-end, a 0.6x improvement from the previous year [16][29] 2026 Outlook - For 2026, Rogers expects total service revenue growth of 3% to 5% and adjusted EBITDA growth of 1% to 3%, with capital expenditures projected between CAD 3.3 billion and CAD 3.5 billion [27][30]
Nokia CEO says Europe, US co-dependent for tech companies
Reuters· 2026-01-29 08:44
Core Viewpoint - The interdependence between Europe and the United States is emphasized, highlighting that large technology companies cannot depend solely on one continent for their operations [1] Group 1 - Nokia's CEO, Justin Hotard, stated the importance of a diversified approach for technology companies, indicating that reliance on a single market is not sustainable [1] - The European Union is considering stronger support measures for technology firms, which may impact the operational strategies of companies like Nokia [1]
“碳硅”融合激活发展潜能 内蒙古加速构建数字产业“新生态”
Zhong Guo Jin Rong Xin Xi Wang· 2026-01-29 00:19
Core Insights - The conference titled "Carbon-Silicon Symbiosis AI Together - 2026 China Mobile Inner Mongolia Company Partner Conference" was held in Hohhot, showcasing how Inner Mongolia leverages "AI + computing power" for industrial upgrades [1] - China Mobile Inner Mongolia Company (referred to as "Inner Mongolia Mobile") unveiled a new computing power strategy and ecosystem plan, highlighting its role as a key builder of regional digital infrastructure and its market influence as an industry leader [1] Infrastructure Upgrade: From "Energy Export" to "Computing Power Hub" - Inner Mongolia, rich in wind and solar resources, is transitioning from being an energy exporter to a computing power hub, focusing on efficiently converting "watts" into "bits" [4] - Inner Mongolia Mobile launched the "Integrated Computing Network: AIDC" strategy, marking a transformation of the region's network infrastructure from a "communication channel" to an "intelligent computing hub" [4] - This strategic layout aligns with the market demand for "East Data West Computing," providing a solid physical foundation for Inner Mongolia to undertake nationwide computing power scheduling [4] Technology Scene Implementation: AI Empowerment and Industry Innovation - The conference demonstrated how advanced technologies interact with Inner Mongolia's unique geographical and industrial contexts [5] - Inner Mongolia Mobile showcased its technological capabilities in vertical industries, exemplified by the successful deployment of a 5G-A network and AI edge computing at the Hulunbuir International Low-Altitude Equipment Cold Weather Testing Center [5] - The company provided a replicable "digital toolbox" for local enterprises, enabling them to achieve intelligent transformation at lower costs and faster speeds [5] Business Ecosystem Reconstruction: Three Alliances for Collaboration and Benefits - Inner Mongolia Mobile initiated three industry alliances: "Digital Inner Mongolia Alliance," "Intelligent Computing Engine for Future Services," and "Data Integration for Smart Enterprises," signaling its transition from a service provider to an open ecosystem builder [6] - The launch of the "Mobile Smart Enterprise" brand and a new rights and interests cooperation model allows Inner Mongolia Mobile to share its channel touchpoints, traffic resources, and technological capabilities with partners [8] - This initiative aims to address the challenges faced by small and medium-sized enterprises in digital transformation, fostering a green, intelligent, and diverse industrial ecosystem in Inner Mongolia [8]
Wall Street Lunch: Fed Holds, Powell Sidesteps (undefined:US10Y)
Seeking Alpha· 2026-01-28 21:45
Federal Reserve - The Federal Reserve maintained the target range for the federal funds rate at 3.5%–3.75% with a vote of 10–2, indicating a slight confidence in the labor market as the statement removed previous concerns about rising downside risks to employment [5][6] - Chairman Jerome Powell faced questions regarding the Fed's independence and the recent decline in the dollar, but he reiterated the commitment to central bank independence and stated that the Fed's decisions will be made on a meeting-by-meeting basis [4][5] Stock Market - Major stock indexes ended mixed, with the Nasdaq closing up 0.2%, while the S&P 500 and Dow Jones Industrial Average closed barely lower and higher, respectively [7] - Seagate Technology saw a significant rally after reporting stronger-than-expected results and issuing guidance above forecasts, with analysts expecting continued revenue and margin gains [10] Corporate Developments - AT&T reported a strong Q4 performance, exceeding expectations on both top and bottom lines, despite weaker subscriber metrics, and provided a full-year profit outlook above expectations [9] - Starbucks recorded its second consecutive quarter of positive comparable sales after a seven-quarter decline, projecting global and U.S. comp sales growth of 3% or more [9] - Amazon announced plans to cut approximately 16,000 corporate jobs as part of efforts to streamline operations, affecting a significant portion of its corporate workforce of around 350,000 [11][12]
Toronto Blue Jays Pitcher Trey Yesavage Kicks Off Rogers Screen Break School Program
Globenewswire· 2026-01-28 19:00
Rogers Screen Break: Five-Year, $50 million commitment to help youth balance screen timeTORONTO, Jan. 28, 2026 (GLOBE NEWSWIRE) -- Rogers today kicked off its Screen Break national school program with Toronto Blue Jays pitcher Trey Yesavage. Yesavage spoke to hundreds of students from local schools at Toronto Metropolitan University about healthy screen use and active living, part of a new national program to help Canadian families address excessive screen use in youth. “I’m thrilled to be back in Toronto t ...
山东省人大代表胡波:以“数算智”全要素布局 赋能人工智能创新发展 支撑现代化产业体系建设
Yang Guang Wang· 2026-01-28 14:33
在实践中,胡波代表也精准捕捉到山东人工智能发展的需求与痛点。他认为,当前人工智能需求已 向政务、工业炼化制造、海洋港口能源、医疗等重点行业核心场景集聚,但应用落地仍面临算力使用及 训练成本偏高、中小企业数智化起步晚难沉淀高质量数据集、传统产业与解决方案服务商对接不畅且改 造投入意愿不强等问题。 针对这些问题,胡波代表聚焦"数算智"全要素新质生产力核心布局提出四点建议:一是重点发力政 务、炼化、海洋、医疗、农业等需求旺盛领域,优先推动人工智能赋能应用,助力培育行业级、场景级 大模型和智能体;二是出台算力使用与建设专项补贴等多元化政策,降低市场主体应用门槛,减轻项目 建设运营压力,促进算力消纳;三是完善生态协同机制,推进高质量数据集建设,推广轻量化数据治理 工具,依托可信数据空间构建安全高效的数据流通体系,实现龙头企业与中小企业互利共赢;四是加快 培育示范场景,以"人工智能+"行动为牵引,打造标杆应用、推广成熟模式,放大对数字经济发展的带 动效应。 胡波代表表示,下一步将把两会精神带回工作岗位,以更实举措推动人工智能创新发展,为山东现 代化产业体系建设、高质量发展贡献央企力量。 (记者 郑芷南) 胡波代表表示,此 ...
2025年中国信息通信基础设施提档升级
Xin Lang Cai Jing· 2026-01-28 13:39
Group 1 - The core viewpoint of the articles highlights significant advancements in China's communication infrastructure, with a focus on the "dual-gigabit" network and the collaborative development of computing networks, leading to substantial upgrades in the industry [1][2] Group 2 - In 2025, the total telecom business volume is projected to grow by 9.1% year-on-year, outpacing GDP growth by 4.1 percentage points, contributing positively to economic growth [1] - The total telecom business revenue for the year is expected to reach 1.75 trillion yuan, reflecting a year-on-year increase of 0.7% [1] - Emerging business revenues, primarily from cloud computing, big data, the Internet of Things, and data centers, have increased to 25.7% of total revenue, growing by 4.7% year-on-year and driving overall telecom revenue growth by 1.2 percentage points [1] - The average monthly mobile internet data usage per user (DOU) reached 20.74 GB in 2025, with December's DOU hitting a record high of 23.04 GB [1] - The number of mobile IoT terminal access traffic has seen rapid growth, increasing by 42.7% year-on-year [1] Group 3 - By the end of 2025, the number of 5G base stations is expected to reach 4.838 million, exceeding the "14th Five-Year Plan" targets [2] - The number of 10G PON ports capable of providing gigabit network services has reached 31.62 million, which is 2.6 times the target set in the "14th Five-Year Plan" [2] - 5G-A coverage has expanded to over 330 cities, with successful pilot projects for 10G optical networks in 168 residential areas, factories, and parks [2] - Research and development expenditure in the telecom industry is projected to account for 4.6% of telecom business revenue, successfully meeting the "14th Five-Year Plan" target of 4.5% [2] - China's share of global essential patents for 5G standards has reached 42%, with progress in 6G system architecture and key technology validation, as well as advancements in the integration of artificial intelligence and communication technology [2]
X @Bloomberg
Bloomberg· 2026-01-28 13:34
Telecom Italia investors approved a long-delayed plan to convert the company’s savings shares into ordinary stock, simplifying the former phone monopoly’s capital structure https://t.co/raWaMe4tNM ...
New TELUS cross-border study reveals Canadians and Americans want companies to earn their trust in AI
Prnewswire· 2026-01-28 13:20
Core Insights - The TELUS cross-border study indicates a strong demand for companies to earn trust in AI through collaboration, transparency, and accountability [1] Group 1: Public Sentiment on AI - 90% of respondents in both Canada and the U.S. believe AI should be regulated, highlighting a near-universal call for robust governance [1] - Approximately 70% of respondents want companies to solicit and consider customer feedback on AI deployment [1] - Over 75% of respondents desire companies to assess potential harms of AI before releasing new tools and to provide clear explanations of AI usage [1] Group 2: AI Adoption Rates - 85% of Canadians and 89% of Americans report using AI, indicating widespread acceptance and integration of the technology [1] Group 3: Recommendations for Building Trust - Companies should collaborate across sectors to establish ethical standards that ensure safety while promoting innovation [1] - Clear explanations and human oversight are essential for critical AI decisions [1] - Diverse perspectives should be integrated throughout the AI development process to create equitable systems [1] Group 4: TELUS's Commitment and Leadership - TELUS has established itself as a leader in human-centric technology, focusing on responsible AI development [1] - The company has engaged in various initiatives, including partnerships with Indigenous communities and contributions to international AI forums [1] - TELUS has received multiple awards for its responsible AI practices and was the first telecom to sign a voluntary AI code of conduct in Canada [1]
VEON Notes Kyivstar Group Publication of Selected Full Year 2025 Financial Information
Globenewswire· 2026-01-28 13:05
Core Viewpoint - VEON Ltd. anticipates positive financial performance for 2025, driven by Kyivstar Group's preliminary estimates and strong execution across its operating companies [2]. Group 1: Financial Estimates - Kyivstar Group estimates revenue growth for the year ended December 31, 2025, will range between 24% and 26% year-on-year compared to 2024 [6]. - Adjusted EBITDA growth is also expected to fall within the same range of 24% to 26% year-on-year [6]. - Capex Intensity for the year is projected to be between 29% and 31% [6]. Group 2: Investment Plans - Together with VEON, Kyivstar plans to invest USD 1 billion in Ukraine from 2023 to 2027, focusing on infrastructure, technological development, charitable donations, and strategic acquisitions [4]. Group 3: Company Overview - Kyivstar Group Ltd. is a leading digital operator in Ukraine, providing a wide range of connectivity and digital services, including mobile and fixed-line voice and data, ride-hailing, e-health, digital TV, and enterprise solutions [3]. - VEON serves nearly 150 million connectivity users and over 140 million digital users across five countries, emphasizing technology-driven services that promote economic growth [4].