Q2 2022 Performance Highlights - Rogers reported 122,000 postpaid mobile phone net additions[9] - The company achieved a postpaid mobile phone churn rate of 0.68%[10] - Cable adjusted EBITDA increased by 6%[15] - Retail Internet net additions for Cable were +12,000[16] - Media revenue grew by 21%[22] - Media adjusted EBITDA increased by $77 million[23] Financial Results - Wireless service revenue and adjusted EBITDA both increased by 11% year-on-year[28] - Cable revenue increased by 3% to $1,041 million[31] - Cable adjusted EBITDA increased by 6% to $520 million[31] - Media revenue increased by 21% to $659 million[35] - Consolidated total service revenue increased by 10% to $3,443 million[41] - Consolidated adjusted EBITDA increased by 16% to $1,592 million[41] Financial Position - The company's debt leverage ratio is 3.2x[42] - Available liquidity stands at $3.8 billion[42] Guidance - Rogers maintains its guidance for 2022, projecting a 6% to 8% increase in total service revenue[43] - The company anticipates an 8% to 10% increase in adjusted EBITDA[43]
Rogers Communications(RCI) - 2022 Q2 - Earnings Call Presentation