Paul Carpino
Vice President of Investor Relations
Replay available
Rogers Communications Inc. (TSX: RCI.A) Q4 2025 earnings conference call, held 2026-01-29. Replay captured from the company's public earnings webcast.

Vice President of Investor Relations
President and Chief Executive Officer
Chief Financial Officer
Analyst, TD Cohen
Analyst, BMO Capital Markets
Analyst, UBS
Analyst, RBC Capital Markets
Analyst, Scotiabank
Analyst, CIBC
Analyst, Desjardins
Analyst, Canaccord Genuity
Analyst, Bank of America Merrill Lynch
Thank you for standing by. This is the conference operator. Welcome to the Rogers Communications Inc. fourth quarter 2025 results conference call. As a reminder, all participants are in listen-only mode and the conference is being recorded. Following the presentation, we'll conduct a question and answer session. To join the question queue, you may press star then 1 on your telephone keypad. Should you need assistance during the conference call, you may reach an operator by pressing star then zero. I would now like to turn the conference over to Paul Carpino, Vice President of Investor Relations with Rogers Communications. Please go ahead, Mr. Carpino. Thank you, Gaylene, and good morning, everyone, and thank you for joining us. Today I'm here with our President and Chief Executive Officer, Tony Staffieri, and our Chief Financial Officer, Glenn Brandt. Today's discussion will include estimates and other forward-looking information from which our actual results could differ. Please review the cautionary language in today's earnings report and our 2024 annual report regarding the various factors, assumptions, and risks that could cause our actual results to differ. With that, let me turn the call over to Tony. Thank you, Paul, and good morning, everyone. I'm pleased to report that Rogers ended 2025 in the fourth quarter with strong financial and operating results. We executed well in a highly competitive telecom environment. In 2025, we delivered industry-leading wireless and cable margins. We delivered industry-leading combined net new mobile phone and internet subscribers. We invested in and delivered strong growth in our core sports and media operations, highlighting the quality of our world-class assets as we pursue future monetization opportunities. We executed on ...