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InternetiPhone, Bold May Bring Rogers Big Growth

Wed, 27 Aug 2008, www.internetnews.com

Telco is looking for a blowout quarter on the strength of new phone releases.

TORONTO -- Rogers Communications (TO: RCIb) could have a record quarter for wireless subscriber growth following the launch of Apple's (NASDAQ: AAPL) iPhone and Research In Motion's (NASDAQ: RIMM) BlackBerry Bold on its network, an analyst said on Monday. The two smartphones target complementary segments of the market, with the iPhone aiming for retail customers and the Bold targeted at high-end business users. "The two hottest device launches to date could lead to the greatest subscriber quarter in Rogers' history when it launches (third quarter) 2008 results," National Bank Financial analyst Greg MacDonald wrote in a note to clients. "These two products alone will be a huge catalyst to this stock in the coming quarters." RELATED ARTICLES Gartner: iPhone 'Acceptable' in the Enterprise iPhone Sales in Russia Seen at 3.5M in Two Years A Quiet iPhone 3G Launch in India? For more stories on this topic: Rogers, the owner of Canada's biggest wireless firm, launched the iPhone on July 11 and the Bold on Aug. 21... [ Read more on www.internetnews.com ]


Other news fromInternet:

InternetFacebook cuts off Scrabulous after legal complaint (AP)

Wed, 27 Aug 2008, www.yahoo.com

AP - A highly popular Scrabble clone already pulled from Facebook in the United States and Canada continued its tumble over the weekend as the online hangout extended its block of the game throughout most of the world.

InternetAMD Parts Ways With Digital TV Unit

Wed, 27 Aug 2008, www.internetnews.com

The PC chipmaker, facing continued losses and market pressure, distances itself from the low-end television screen market.