ROW Short Takes
News | 01/13/2004 5:00 am EST
Rogers Wireless releases Q4 2003 figures, 2004 guidance
Rogers Wireless Inc. has released preliminary Q4 and 2003 fiscal year subscriber numbers. In Q4, the company recorded 172,100 net additions and added 402,000 new subscribers for the entire fiscal year. Rogers Wireless now has nearly 3.8 million subscribers. The company expects to add between 350,000 and 400,000 new voice and data subscribers in 2004. Capital expenditures for 2004 are anticipated to be between $400 million and $425 million. Approximately $30 million of this amount will be allocated for the national rollout of EDGE capabilities, expected to be completed mid-year.