Patrick Ho's questions to ROGERS COMMUNICATIONS (RCI) leadership • Q2 2025
Question
Patrick Ho of Morgan Stanley asked for an explanation of the drivers behind the quarter-over-quarter decline in Cable ARPA. He also inquired if Rogers has any plans to expand into the data center business, similar to some competitors.
Answer
CFO Glenn Brandt attributed the Cable ARPA change to ongoing competitive forces and the continued, though moderating, decline in video subscribers. Regarding data centers, Brandt stated the company has been considering a divestiture of its existing data center business and has 'absolutely nothing to add' regarding new AI-related data center investments, emphasizing the core focus remains on wireless, wireline, and media.