As indicated in Tuesday's Financial Post, Rogers Communications Inc. (NYSE:RCI) stands to be the big winner when the iPhone finally makes it to
On Tuesday, Genuity Capital Markets telecom analyst Dvai Ghose said in a note that if Rogers Wireless pursues the same monthly plan employed by AT&T Wireless (NYSE:T), the resulting ARPU could be very accretive.
On Monday, AT&T Wireless announced that consumers who sign up for an IPhone will pay $30 per month for unlimited data and email on top of a minimum voice plan of $40 per month, totaling a consumer ARPU stream of $70.00. AT&T's business users are being offered unlimited data and corporate email for US$45 per month implying minimum ARPU of at least $85 per month, depending on voice ARPU.
Mr. Ghose said:
We note that Rogers Wireless’ current postpaid ARPU is around C$72.00 implying that iPhone ARPU could turn out to be north of C$100 if
Furthermore, churn should also be lower for Rogers Wireless if they manage to sign customers for a 3-year contract if they want to purchase an iPhone for the listed prices of C$199 for the 8 GB model and C$299 for the 16 GB model.