Rogers partnering with SpaceX to offer satellite-to-phone coverage

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Rogers partnering with SpaceX to offer satellite-to-phone coverage — via financialpost

It said technical tests have been successfully conducted with Lynk satellites in remote British Columbia and will start testing in Atlantic Canada.

The announcements came after Rogers released its first quarter 2023 earnings, reporting a 30 per cent surge in net income,The company reported an increase to $511 million in net income for the three-month period ended March 31, 2022, up from $392 million in the same quarter a year ago. Adjusted net income was also up by 20 per cent, it said.

. Lower restructuring, acquisition and other costs in the quarter also impacted net income, Rogers said.Article content The telco reported a seven per cent jump in wireless service revenue to $1.8 billion, which it said was mostly due to higher roaming revenue associated with increased travel and a larger postpaid mobile phone subscriber base. This figure was in line with analyst estimates.

 

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