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Thread: S**t Guy Laurence Says

  1. #1
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    Post S**t Guy Laurence Says

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    Rogers reported their Q4 2015 earnings this week, $3.45 billion dollars CAD in revenues for a net income of $3.31 million—over just three months! Amazingly, analysts' targets were even higher.

    Though the Rogers earnings call were meant for stockholders and the financial press, Mobile Syrup's Dan Bader also listened in. Here's what he heard from Rogers CEO Guy Laurence:

    Q4 2015 was, according to Laurence: “The most fiercely competitive quarter probably in the history of Canadian mobile.”
    What?

    Except for the holiday shopping season I can't for the life of me think of any set of circumstances that would make this statement true. WIND Mobile had their Holiday Miracle plan as they often do, but the Big Three don't see WIND as serious competition. And that double-cohort thingy happened back in June.

    But wait, there's more... Here's what Laurence had to say about the sudden and arbitrary $5 increase in new wireless plans:

    "If you think about how much work it takes to build, run and upgrade a national mobile network, trust me it's a lot more work than making a cup of coffee.''
    ... Except that no one I know pays their barista $100-plus per month on a two-year contract.

    Remember that the price hike was attributed to the falling Canadian dollar. It honestly would have made more sense for Laurence to say: "Look, we import our wireless from the U.S. What do you expect?"

    Sources: Mobile Syrup (1) (2), CBC, Huffington Post, Globe and Mail
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    The "most fiercely competitive quarter probably in the history of Canadian mobile".... right...

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    Wow, the competition has been so fierce that Videotron is lowering data bucks and Sasktel is raising prices.
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    I always feel bad about my wireless prices and situation in the USA... then I look to my Canadian neighbors up there and feel a bit better.

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    These guys should start a manure farm with all that BS coming out of their faces...
    Un-Rogered, and getting better 'value'.

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    Nothing compared to the profits loblaws, sobeys and metro made last quarter.
    Last edited by TelecomZombie; 01-29-2016 at 07:47 AM.

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    Quote Originally Posted by Chebucto902 View Post
    The "most fiercely competitive quarter probably in the history of Canadian mobile".... right...
    Hes talking about the caviar jello wrestling matches in the cayman islands that Ceo Guy, Cope and Entwhistle are competeing in.
    Acurrie how about S**t the other 2 stooges are saying?

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    He meant to say "collusion", not competition. Freudian slip.
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    Quote Originally Posted by TadMorose View Post
    He meant to say "collusion", not competition. Freudian slip.
    Haha, shhh people don't like to say that word on this board!

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    And I believe Rogers also cut some more jobs.

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    Quote Originally Posted by acurrie View Post
    ... Except that no one I know pays their barista $100-plus per month on a two-year contract.
    You can easily pay a barista $100+ a month
    Average premium coffee is up to $6 these days
    20 working days per month means $120+ is easily attainable (and most people also buy food + leave a tip)

    Heck even at a low end dive (eg Tim's) prices are skyhigh these days

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