Rogers Wireless 1st Quarter 2007 Results

[Barry]

Rogers announced its consolidated financial and operating results for the three months ended March 31, 2007.

Wireless Financial highlights:

Highlights of the first quarter of 2007 include the following:

- Operating revenue increased 15.8% for the quarter, with all three of
our operating units delivering solid double digit growth.

- Strong subscriber growth continued at Wireless, with quarterly net
postpaid additions of 94,500 compared to 89,600 in the first quarter
of 2006.

- Wireless postpaid subscriber monthly churn was 1.17% versus 1.47% in
the first quarter of 2006, while postpaid monthly ARPU (average
revenue per user) increased 8.7% year-over-year to $67.64. The ARPU
increase reflects a 45.9% lift in data revenues, which represented
12.3% of total wireless network revenue in the quarter.

- Wireless launched the Rogers VISION suite of services on its new High
Speed Downlink Packet Access ("HSDPA") 3G wireless network, the
fastest wireless network in Canada, including the first wireless
video calling service in North America. This powerful 3G technology
significantly improves data download speeds on wireless devices,
providing a user experience similar to broadband hi-speed wireline
services.

- Wireless announced that it would turn down its earlier generation
TDMA and analogue networks effective May 31, 2007 and move the
remaining customers on these networks onto its advanced GSM network.
The program has been successful to date, with the majority of
subscribers already having chosen to transition to Rogers' more
advanced GSM service, enabling them to enjoy the benefits of being on
Canada's most reliable network.

- Introduced the 'My Home Connections' plan that lets Rogers Home Phone

WIRELESS

Three months ended March 31,
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(In millions of dollars, except margin) 2007 2006 % Chg
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Operating revenue
Postpaid $ 1,104 $ 907 21.7
Prepaid 61 47 29.8
One-way messaging 4 3 33.3
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Network revenue 1,169 957 22.2

Equipment sales(1) 62 48 29.2
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Total operating revenue 1,231 1,005 22.5
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Operating expenses
Cost of equipment sales(1) 144 148 (2.7)
Sales and marketing expenses 140 128 9.4
Operating, general and administrative
expenses 369 324 13.9
------------------------------
Total operating expenses 653 600 8.8

------------------------------
Operating profit(2)(3) $ 578 $ 405 42.7
------------------------------

Operating profit margin as % of
network revenue(3) 49.4% 42.3%

Additions to property, plant and equipment
("PP&E")(2)(3) $ 232 $ 115 101.7

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(1) Certain prior year amounts related to equipment sales and cost of
equipment sales have been reclassified. Refer to the section entitled
"Reclassification of Wireless Equipment Sales and Cost of Sales" in
our 2006 Annual MD&A for further details.
(2) Operating profit includes a loss of $7 million and $3 million related
to the Inukshuk wireless broadband initiative for the three months
ended March 31, 2007 and 2006, respectively.
(3) As defined. See the "Key Performance Indicators and Non-GAAP
Measures" and "Supplementary Information" sections.


Summarized Wireless Subscriber Results

(Subscriber statistics in Three months ended March 31,
thousands, except ARPU, ----------------------------------------
churn and usage) 2007 2006 Chg % Chg
-------------------------------------------------------------------------

Postpaid
Gross additions 285.2 303.6 (18.4) (6.1)
Net additions 94.5 89.6 4.9 5.5
Total postpaid retail
subscribers 5,492.7 4,907.8 584.9 11.9
Average monthly revenue per
user ("ARPU")(1) $ 67.64 $ 62.20 $ 5.44 8.7
Average monthly usage (minutes) 534 521 13 2.5
Monthly churn 1.17% 1.47% (0.30%) (20.4)
Prepaid
Gross additions 144.2 126.5 17.7 14.0
Net losses (8.7) (40.9) 32.2 (78.7)
Total prepaid retail
subscribers 1,371.4 1,308.9 62.5 4.8
ARPU(1) $ 14.76 $ 11.68 $ 3.08 26.4
Monthly churn 3.69% 4.18% (0.49%) (11.7)
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(1) As defined. See the "Key Performance Indicators and Non-GAAP
Measures" section. As calculated in the "Supplementary Information"
section.

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