15 slides from Rogers Communications Inc. Class A's earnings presentation, Oct 21, 2021
Slide 1: Q3 2021 Results
Q3 2021 Results October 21, 2021 1
Slide 2: Cautionary note
Cautionary note The following materials are for presentation purposes only. They accompany the discussions held during Rogers Communications Inc.’s (Rogers) investor conference call on October 21, 2021. These materials should be read in conjunction with the disclosure documents referenced below. Cer
Slide 3: Joe Natale, President and CEO
Joe Natale President and CEO 3
Slide 4: Strong wireless recovery and record Q3 churn
Strong wireless recovery Largest unlimited-data base and and record Q3 churn Canada’s largest 5G network Rogers’ 5G network connects over 50% of the Canadian population 175k 0.95% Leader in unlimited – 2.7 million customers on Rogers Infinite unlimited Postpaid net adds Postpaid data plans churn Dig
Slide 5: Continuous improvement in Cable
Continuous improvement in Cable 64k +0.4% Ignite TV ARPA net adds (‘000s) ($/mo) 64 131.79 131.25 38 Q3'20 Q3'21 Q3'20 Q3'21 5
Slide 6: Sports and Media
Sports and Media -3% Revenue ($M) 489 473 Q3'20 Q3'21 Professional sports still impacted by pandemic but continuing to recover 6
Slide 7: Strategic capital investments
Strategic capital investments Network leadership Continued 5G rollout Connecting communities Opensignal ranked Rogers number Canada’s largest and most $140 million investment to deliver one for 5G reach, 5G availability, 5G reliable 5G network reaching fibre to more than 20,000 homes games experienc
Slide 8: Paulina Molnar, Interim CFO
Paulina Molnar Interim CFO 8
Slide 9: Q3 Wireless results
Q3 Wireless results +3% +2% -100 bps +0.4% Service Adjusted Adj. EBITDA Blended revenue EBITDA service margin ARPU ($M) ($M) (%) ($) 1,706 1,107 65.9 64.9 51.31 1,652 1,089 51.12 Q3'20 Q3'21 Q3'20 Q3'21 Q3'20 Q3'21 Q3'20 Q3'21 Strong postpaid net adds of 175k with record low postpaid churn for Q3 of
Slide 10: Q3 Cable results
Q3 Cable results +3% +2% -60 bps +0.4% Revenue Adjusted Adj. EBITDA ARPA EBITDA margin ($M) ($M) (%) ($/mo) 1,016 516 51.4 131.79 508 50.8 131.25 988 Q3'20 Q3'21 Q3'20 Q3'21 Q3'20 Q3'21 Q3'20 Q3'21 Strong Broadband net adds of 17k and Ignite TV net adds of 64k 10
Slide 11: Q3 Media results
Q3 Media results -3% -63% Revenue Adjusted EBITDA ($M) ($M) 489 89 473 33 Q3'20 Q3'21 Q3'20 Q3'21 Lower broadcasting and advertising revenue due to NHL and NBA season timing along with higher Toronto Blue Jays payroll and costs 11
Slide 12: Q3 consolidated results
Q3 consolidated results Q3'21 % Change In millions of dollars, except percentages and per share amounts Service revenue increase reflects a larger customer base, higher roaming Total service revenue 3,149 2 revenue as travel restrictions ease and adoption of higher speed Internet Adjusted EBITDA 1,6
Slide 13: Strong financial position
Strong financial position Investment-grade balance sheet with healthy available liquidity position of $6.4 billion Debt leverage ratio of 3.0x Weighted average interest rate of 3.80% with average term to maturity of 12.4 years 13
Slide 14: Outlook
Outlook Q4 results expected to continue to reflect positive momentum in business led by wireless Rogers team remains focussed on customer service and driving efficiency across all businesses For further information, please see the "2021 Full-Year Consolidated Guidance" section in our 2020 Annual Rep
Slide 15: Q3 2021 Results
Q3 2021 Results October 21, 2021 15