Rogers Communications Reports Third Quarter 2012 Financial and Operating Results

   Rogers Communications Reports Third Quarter 2012 Financial and Operating
                                   Results

PR Newswire

TORONTO, Oct. 24, 2012

Third Quarter Revenue Grows to $3,176 Million, Adjusted Operating Profit
Increases 5% to $1,288 Million, Adjusted Diluted EPS up 7% to 96 cents;
Pre-Tax Free Cash Flow up 15% to $589 Million;

Postpaid Wireless Net Subscriber Additions of 76,000 and Network Margins of
48% Reflect Improved Postpaid Churn, Stabilizing Trend in Postpaid ARPU and
Continued Realization of Cost Efficiencies;

Cable Operations Total Service Units Up 17,000, with Margins of 48% Reflecting
Continued Revenue Growth and Successful Cost Management;

Media Revenue Reflects Strong Growth in Sports Broadcasting and Entertainment
More Than Offset by Continued Softness in the Ad Market

TORONTO, Oct. 24, 2012 /PRNewswire/ - Rogers Communications Inc., one of
Canada's leading diversified communications and media companies, today
announced its unaudited consolidated financial and operating results for the
three months ended September 30, 2012, in accordance with International
Financial Reporting Standards ("IFRS").

Financial highlights from continuing operations are as follows^(1):

                                                        
                                  Three months ended September 30,
(In                    2012                  2011                  % Chg
millions of
dollars,
except per
share
amounts)
                                                                             
Operating      $              3,176   $              3,131   
revenue                                                                                  1
As                                                                            
Adjusted:
 Operating                  1,288          
  profit                                                  1,227                          5
 Net                          495       
  income                                                    489                          1
 Earnings                    0.96        
  per share                                                0.90                          7
 Diluted                
  earnings                        0.96                     0.90                          7
  per share
                                                                           
Pre-tax                  
free cash                          589                      510                         15
flow

(1)This summary  of  our  third  quarter  2012  results  should  be  read  in 
conjunction with our Third Quarter 2012 MD&A, our Third Quarter 2012 Unaudited
Interim Condensed Consolidated Financial Statements and Notes thereto, and our
2011 Annual Report  all of which  are incorporated by  reference in this  news 
release. The financial information presented  herein has been prepared on  the 
basis of  International Financial  Reporting  Standards ("IFRS")  for  interim 
financial statements and is expressed in Canadian dollars.

"Our top line and operating profit growth in the third quarter was highlighted
by strong postpaid  wireless smartphone  sales and  accelerated wireless  data 
revenue growth,  as well  as strong  margins in  both our  wireless and  cable 
businesses where  customer retention  and  cost containment  initiatives  have 
taken hold,"  said Nadir  Mohamed, President  and Chief  Executive Officer  of 
Rogers  Communications  Inc.  "Despite   intensely  competitive  markets,   we 
continued to successfully  leverage our technology  leadership to deliver  new 
and innovative  products and  services and  to  invest in  our networks  at  a 
healthy pace, while at  the same time continuing  to generate strong  earnings 
and free cash flow."

Highlights of the third quarter of 2012 include the following:

  *Consolidated revenue growth for the quarter was driven by Wireless network
    revenue growth of 2%, Wireless equipment revenue growth of 16% and Cable
    Operations revenue growth of 1%, offset by declines in Media and RBS
    compared to the same quarter last year. Consolidated adjusted operating
    profit increased by 5% with a 3% increase at Wireless, a 10% increase at
    Cable Operations and a 16% increase at RBS, partially offset by a 9%
    decrease at Media compared to the same quarter last year.

  *Wireless data revenue grew by 18% and comprises 41% of Wireless network
    revenue compared to 36% in the same quarter last year. During the third
    quarter, Wireless activated 707,000 smartphones, of which approximately
    36% were for subscribers new to Wireless. This resulted in subscribers
    with smartphones, who typically generate average monthly revenue per user
    ("ARPU") nearly twice that of voice only subscribers, representing 65% of
    the overall postpaid subscriber base as at September 30, 2012, up from 52%
    at September 30, 2011.

  *Driven by strong 48% margins at both Wireless and Cable Operations,
    consolidated margins of 41% were up 140 basis points from the same period
    last year. Adjusted net income improved 1% from the same quarter last year
    and adjusted diluted earnings per share of $0.96 was up 6 cents or 7%
    year-over-year.

  *Generated $589 million of consolidated pre-tax free cash flow in the
    quarter, defined as adjusted operating profit less PP&E expenditures and
    interest on long-term debt (net of capitalization), an increase of 15%
    compared to the third quarter of 2011 and reflecting increased adjusted
    operating profit combined with a decreased level of PP&E expenditures.
    Pre-tax free cash flow per share increased by 22% over the same period.

  *Expanded Canada's first wireless Long Term Evolution ("LTE") 4G broadband
    network to 24 Canadian markets, including Victoria, Edmonton, Regina and
    Quebec City. Rogers' expanding LTE network now reaches 54% of the Canadian
    population, and Rogers currently offers the largest selection of LTE
    devices of any carrier in Canada. LTE is a next generation wireless
    technology that enables unparalleled connectivity, capable of speeds that
    are between three and four times faster than HSPA+ with peak potential
    download rates of up to 150 Megabits per second ("Mbps").

  *Rogers and SAP announced plans to deploy enterprise mobile applications
    which leverage the SAP mobile platform. This exclusive new offering will
    help simplify the way organizations mobilize their workforce, by helping
    employees gain real-time access to enterprise mobile applications on
    tablets and smartphones that are traditionally used on desktop computers.

  *Announced the formation of an alliance with international mobile operators
    KPN, NTT Docomo, SingTel, Telefónica, Telstra and Vimpelcom to co-operate
    on global wireless machine-to-machine ("M2M") business initiatives
    supporting a single, global platform that multinational customers can
    leverage to enable connected devices in multiple countries to better
    manage operations and reduce costs.

  *Rogers and Wavefront opened the doors to a new Rogers Wireless Innovation
    Centre in Vancouver to foster excellence in wireless commercialization,
    and to provide a facility where business customers and developers can
    experience first-hand the latest in M2M technology and enterprise mobility
    applications. The Rogers Wireless Innovation Centre will support current
    and emerging developers to get to market faster with innovative
    applications for connected devices to strengthen the wireless developer
    ecosystem in Canada, as well as educate Canadian companies about the
    benefits of M2M technology.

  *Enhanced the Rogers One Number Internet-based communications platform to
    allow customers to extend their existing Rogers wireless number not only
    to their computers, but also to their regular home phone and tablet. In
    addition, the Rogers One Number experience is now offered to small
    businesses across Canada. Rogers One Number is a feature of Rogers
    wireless plans that enables customers with an Internet connection to
    extend their Rogers wireless number to make or transfer calls using a
    computer, tablet and home phone.

  *Media announced the acquisition of theScore Television Network and related
    television assets. theScore is a national specialty TV service providing
    sports news, information, highlights and live event programming. It is
    Canada's third largest specialty sports channel with 6.6 million
    television subscribers. The acquisition builds on Rogers' rich history in
    sports broadcasting and reinforces its commitment to delivering premium
    sports content to its audiences on their platform of choice. Subject to
    final regulatory approval from the Canadian Radio-television and
    Telecommunications Commission ("CRTC"), which is anticipated early in
    fiscal 2013, the television network will be rebranded under the Sportsnet
    umbrella.

  *Completed a 37.5% investment in Maple Leaf Sports & Entertainment Ltd.
    ("MLSE"), advancing Rogers' strategy of delivering highly sought-after
    content anywhere, anytime, on any platform across its broadband and
    wireless networks and its media assets, while strengthening the value of
    its sports brand, Sportsnet.

  *Media's Citytv network registered double-digit audience growth and market
    share increases across Canada in key demographics during this year's fall
    premiere week. With a greatly expanded footprint, Citytv is now available
    in approximately 80% of Canadian homes.

  *Finalized a new five-year $2.0 billion syndicated bank credit facility
    maturing in July 2017. This new bank credit facility replaces Rogers'
    prior bank credit facility that was scheduled to expire in July 2013,
    extending our long-term liquidity. At September 30, 2012, there were no
    advances outstanding under the bank credit facility which, together with
    our cash and cash equivalents, provides for $2.5 billion of currently
    available liquidity.

This earnings release, which is current as  of October 23, 2012, is a  summary 
of our third quarter 2012 results, and should be read in conjunction with  our 
Third Quarter 2012 MD&A and our Third Quarter 2012 Unaudited Interim Condensed
Financial Statements and  Notes thereto,  our 2011  Annual MD&A  and our  2011 
Audited Annual Consolidated  Financial Statements and  Notes thereto, and  our 
other recent filings with securities regulatory authorities available on SEDAR
at sedar.com.

The financial information presented herein has  been prepared on the basis  of 
IFRS for interim  financial statements  and is expressed  in Canadian  dollars 
unless otherwise stated.

During the second quarter of this year, we completed the closure of our  Video 
operations. As  a result,  the  consolidated results  no longer  include  the 
results of our Video business and the results of that business are now treated
as discontinued operations for accounting and reporting purposes. Current  and 
prior period results have been restated to reflect this change.

As this earnings release includes forward-looking statements and  assumptions, 
readers should carefully review the section of this earnings release  entitled 
"Caution Regarding Forward-Looking Statements, Risks and Assumptions".

In this  earnings release,  the  terms "we",  "us", "our",  "Rogers",  "Rogers 
Communications" and "the Company" refer to Rogers Communications Inc. and  our 
subsidiaries, "Wireless", "Cable", and "Media".

SUMMARIZED CONSOLIDATED FINANCIAL RESULTS

                                                                                                         
                           Three months ended September 30,                       Nine months ended September 30,
(In millions           2012             2011            % Chg            2012            2011          % Chg
of dollars,
except per
share amounts)
                                                                                                         
Operating                                                                                                 
revenue
 Wireless        $         1,889   $         1,832       $         5,360   $      5,312    
                                                                         3                                                      1
 Cable              838      826           2,506             
  Operations                                                             1                                2,471                 1
 RBS               86     96             263             
                                                                      (10)                                  312              (16)
 Media              392      407            1,186            
                                                                       (4)                                1,183                 -
 Corporate                                          
  items and                     (29)                (30)               (3)                (90)             (87)                 3
  eliminations
Total                 3,176       3,131           9,225            
operating                                                                1                                9,191                 -
revenue
                                                                                                         
Adjusted                                                                                                  
operating
profit (loss)
 Wireless           843      815           2,376            
                                                                         3                                2,366                 -
 Cable              403      367    10       1,184             
  Operations                                                                                              1,146                 3
 RBS               22     19    16     62         
                                                                                                             66               (6)
 Media             50     55           115             
                                                                       (9)                                  136              (15)
 Corporate                                         
  items and                     (30)                (29)                 3                (79)             (76)                 4
  eliminations
Adjusted              1,288       1,227           3,658             
operating                                                                5                                3,638                 1
profit
Stock-based                 19             n/m                    
compensation                    (26)                                                      (20)             (30)              (33)
recovery
(expense)
Settlement of                       n/m                      n/m
pension                            -                   -                                     -             (11)
obligations
Integration,                                          128
restructuring                    (7)                (15)              (53)                (82)             (36)
and
acquisition
expenses
Operating             1,255       1,231           3,556            
profit                                                                   2                                3,561                 -
Other income        (789)     (734)          (2,353)              
and expense,                                                             7                              (2,306)                 2
net
Net income             466        497              1,203      1,255     
from                                                                   (6)                                                    (4)
continuing
operations
Loss from                               n/m                 68
discontinued                     -                 (6)                                  (32)             (19)
operations
Net income        $           466   $           491        $         1,171   $      1,236     
                                                                       (5)                                                    (5)
                                                                                                         
Basic earnings    $          0.90   $          0.92        $          2.31   $       2.29    
per share -                                                            (2)                                                      1
continuing
operations
Diluted                0.90        0.88            2.30     2.28    
earnings per                                                             2                                                      1
share -
continuing
operations
                                                                                                         
Basic earnings         0.90        0.91             2.25     2.26   
per share                                                              (1)                                                      -
Diluted                0.90        0.87            2.24     2.25   
earnings per                                                             3                                                      -
share
                                                                                                         
As Adjusted:                                                                                              
 Net income           495        489             1,333      1,386     
                                                                         1                                                    (4)
 Basic                0.96        0.90            2.56     2.53    
  earnings per                                                           7                                                      1
  share
 Diluted              0.96        0.90            2.55     2.52    
  earnings per                                                           7                                                      1
  share
                                                                                                         
                                                                                                         
Additions to                                                                                              
property,
plant and
equipment
("PP&E")
 Wireless        $           299   $           329        $           737   $        845       
                                                                       (9)                                                   (13)
 Cable              186      190           573          11
  Operations                                                           (2)                                  517
 RBS               15     13    15     45        
                                                                                                             42                 7
 Media             11     10    10     32        
                                                                                                             30                 7
 Corporate         17     17        48        20
                                                                         -                                   40
Total             $           528   $           559        $         1,435   $      1,474     
additions to                                                           (6)                                                    (3)
PP&E
                                                                                                        
Pre-tax free      $           589   $           510    15   $         1,733   $      1,684    
cash flow                                                                                                                       3
                                                                                             

SEGMENT REVIEW

WIRELESS

Summarized Wireless Financial Results

                                                                                    
                   Three months ended September 30,              Nine months ended September 30,
(In               2012        2011        % Chg          2012        2011         % Chg
millions of
dollars,
except
margin)
                                                                                    
Operating                                                                            
revenue
 Network      $    1,744   $    1,707      $    5,008   $    4,960    
  revenue                                                  2                                               1
 Equipment                         
  sales                  145            125               16            352            352                 -
Total                                          
operating              1,889          1,832                3          5,360          5,312                 1
revenue
                                                                                    
Operating                                                                            
expenses
 Cost of                                   
  equipment            (379)          (319)               19        (1,027)          (960)                 7
 Other                                        
  operating            (667)          (698)              (4)        (1,957)        (1,986)               (1)
  expenses
                                                  
                     (1,046)        (1,017)                3        (2,984)        (2,946)                 1
Adjusted       $      843   $      815      $    2,376   $    2,366   
operating                                                  3                                               -
profit
                                                                                    
Adjusted                                                                             
operating
profit
margin as
 % of             48.3%       47.7%                     47.4%       47.7%               
  network
  revenue
                                                                                    
Additions      $      299   $      329       $      737   $      845       
to PP&E                                                  (9)                                            (13)
                                                                                    
Data           $      719   $      611        $    1,995   $    1,725    16
revenue                                                   18
included in
network
revenue
                                                                      

Summarized Wireless Subscriber Results

                                                                                            
(Subscriber               Three months ended September 30,                  Nine months ended September 30,
statistics in
thousands,
except ARPU,          2012           2011           Chg           2012        2011          Chg
churn and
usage)
                                                                                            
Postpaid                                                                                     
 Gross            386                            
  additions                                     380                  6          1,070          1,072               (2)
 Net                                     
  additions                     76               74                  2            210            227              (17)
 Total             7,788              256                     
  postpaid                                    7,532                             7,788          7,532               256
  subscribers
 Monthly                1.34%         1.36%         (0.02%)       1.25%       1.27%        (0.02%)
  churn
 Average        $        71.50   $      72.08   $       (0.58)   $    69.13   $    70.78   $      (1.65)
  monthly
  revenue per
  user
  ("ARPU")
                                                                                            
Prepaid                                                                                     
 Gross            186                             
  additions                                     258               (72)            496            654             (158)
 Net                                         
  additions                      1               87               (86)          (117)            104             (221)
  (losses)
 Total             1,644                                        
  prepaid                                     1,756              (112)          1,644          1,756             (112)
  subscribers
 Monthly                3.77%         3.37%           0.40%       4.05%       3.68%          0.37%
  churn
 ARPU           $        16.73   $      16.72   $         0.01   $    15.83   $    15.71   $        0.12
                                                                                            
Blended ARPU     $        61.92   $      61.79   $         0.13   $    59.55   $    60.64   $      (1.09)

Wireless Subscribers and Network Revenue

For the three months ended September 30,  2012, the increase in the number  of 
gross and net postpaid subscriber additions primarily relates to increases  in 
the number of  smartphone sales versus  the same prior  year period.  Wireless 
activated  and  upgraded  approximately   707,000  smartphones,  compared   to 
approximately 609,000 in the third quarter of 2011. This is the second highest
number of  smartphone  activations in  any  quarter in  Rogers'  history.  The 
smartphones activated during  the quarter were  predominantly iPhone,  Android 
and Blackberry devices, of which approximately 36% were for subscribers new to
Wireless. The  overall addition  of smartphones  increased the  percentage  of 
subscribers with smartphones  to 65%  of Wireless'  total postpaid  subscriber 
base at September 30, 2012,  compared to 52% as  at September 30, 2011.  These 
subscribers generally commit to new voice and data multi-year term  contracts, 
typically generate ARPU nearly twice that of voice only subscribers and  churn 
at lower rates than voice only subscribers.

The year-over-year  decrease  in  prepaid subscriber  net  additions  for  the 
quarter ended September 30, 2012, primarily reflects an increase in the  level 
of churn associated with heightened competitive intensity, particularly at the
lower end of the wireless market where the prepaid product is most penetrated.

The increase in wireless network revenue  for the three and nine months  ended 
September 30,  2012  reflects  the  continued  growth  of  Wireless'  postpaid 
subscriber base  and  the  increased  adoption  and  usage  of  wireless  data 
services.

For the three months and nine  months ended September 30, 2012, wireless  data 
revenue increased  by  approximately  18%  and  16%,  respectively,  from  the 
corresponding period of 2011 to $719 million and $1,995 million, respectively.
This growth in wireless  data revenue reflects  the continued penetration  and 
growing usage of smartphones, tablet devices and wireless laptops, which drive
increased usage of e-mail, wireless Internet access, text messaging and  other 
wireless data services. The increase in the wireless data revenue growth  rate 
from the previous quarter primarily  reflects increased data roaming. For  the 
three and  nine  months  ended  September  30,  2012,  wireless  data  revenue 
represented approximately 41% and 40%, respectively, of total network revenue,
compared to  approximately 36%  and 35%,  respectively, in  the  corresponding 
periods of 2011.

The modest  year-over-year increase  in  blended ARPU  for the  quarter  ended 
September 30, 2012 reflects growth  in postpaid subscribers and wireless  data 
revenue, partially  offset  by  a  decline in  wireless  voice  revenues.  The 
wireless data  component  of  blended  ARPU  increased  by  15.4%,  which  was 
partially offset  by an  8.3% decline  in the  wireless voice  component as  a 
result of the heightened level of competitive intensity in the wireless  voice 
service market.

Wireless Equipment Sales

The increase  in revenue  from  equipment sales  for  the three  months  ended 
September 30, 2012, compared  to the corresponding  period of 2011,  primarily 
reflects the increase in the number  of postpaid gross additions and  hardware 
upgrades by  existing  subscribers,  combined  with a  shift  in  the  mix  of 
smartphones towards higher value devices versus the prior year and the  launch 
of the new  iPhone 5.  Equipment sales  were flat  for the  nine months  ended 
September 30, 2012, compared to the corresponding period of 2011.

Wireless Operating Expenses

The increase  in  cost  of equipment  for  the  three and  nine  months  ended 
September 30,  2012,  compared  to  the corresponding  periods  of  2011,  was 
primarily the  result of  the  increased number  of  smartphone sales  to  new 
customers, upgrades for existing customers and the launch of the new iPhone 5.
During the three months  ended September 30, 2012,  we activated and  upgraded 
71% more iPhones and 16% more smartphones overall than in the same period last
year. During  the nine  months  ended September  30,  2012, we  activated  and 
upgraded 43% more iPhones  and 14% more smartphones  overall than in the  same 
period last year.

Total retention spending,  including subsidies on  handset upgrades, was  $214 
million and $622  million, respectively, in  the three and  nine months  ended 
September 30, 2012, compared to  $181 million and $563 million,  respectively, 
in the  corresponding periods  of 2011.  These increases  primarily reflect  a 
higher number of  hardware upgrades  by existing subscribers  than during  the 
prior year combined with a shift in the mix towards higher value smartphones.

The year-over-year decrease in other operating expenses for the three and nine
months ended September 30, 2012, excluding retention spending discussed above,
was driven  by efficiency  gains resulting  from cost  management  initiatives 
across various functions. Rogers continues to focus on implementing a  program 
of cost reduction and efficiency improvement initiatives to manage the overall
level of operating expenses.

Wireless Adjusted Operating Profit

The 3%  year-over-year increase  in adjusted  operating profit  and the  48.3% 
adjusted operating profit margin on network revenue (which excludes  equipment 
sales revenue)  for  the  three  months ended  September  30,  2012  primarily 
reflects the  growth  of network  revenue  in  the period  coupled  with  cost 
management and efficiency improvements as discussed above.

Wireless Additions to PP&E

Wireless additions to PP&E are classified into the following categories:

                                                                                    
                        Three months ended September 30,                  Nine months ended September 30,
(In millions          2012           2011         % Chg           2012          2011         % Chg
of dollars)
                                                                                              
Additions to                                                                                   
PP&E
 Capacity       $          196   $        194      $        455   $        477   
                                                                   1                                               (5)
 Quality                                      
                                47               64             (27)              113              157            (28)
 Network -                              
  other                          4               10             (60)               19               37            (49)
 Information                                  
  technology                    52               61             (15)              150              174            (14)
  and other
Total            $          299   $        329       $        737   $        845     
additions to                                                     (9)                                              (13)
PP&E

Wireless PP&E additions can  be categorized as  spending on network  capacity, 
such as  radio  channel  additions,  network  core  improvements  and  network 
enhancing features, including the  continued deployment of  our LTE and  HSPA+ 
networks. Quality-related additions  to PP&E are  associated with upgrades  to 
the network to enable higher throughput speeds in addition to improved network
access  associated  activities,  such  as  site  build  programs  and  network 
sectorization work. Quality  also includes test  and monitoring equipment  and 
operating support  system  activities.  Investments in  Network  -  other  are 
associated with network  reliability and  renewal initiatives,  infrastructure 
upgrades and new product platforms. Information technology and other  wireless 
specific system initiatives include  billing and back-office system  upgrades, 
and other facilities and equipment spending.

For the  three and  nine months  ended September  30, 2012,  the decreases  in 
Quality and Network - other were primarily due to lower cell site construction
and lower  expenditures on  Rogers  One Number  than in  comparative  periods. 
Information technology and  other were  lower for  the three  and nine  months 
ended September 30, 2012, compared to the corresponding periods of 2011, as  a 
result of lower expenditures on customer billing systems and platforms for new
services offset by investments to upgrade our retail stores.

Capacity spend changes year-over-year relate to timing of expenditure relating
to LTE expansion and HSPA capacity initiatives.

CABLE OPERATIONS

Summarized Financial Results

                                                                                              
                       Three months ended September 30,                   Nine months ended September 30,
(In millions        2012           2011           % Chg          2012         2011          % Chg
of dollars,
except
margin)
                                                                                              
Operating                                                                                      
revenue
 Cable         $         470   $         475        $     1,416   $     1,423   
  Television                                                     (1)                                                 -
 Internet                                   
                             249               232                 7             735             688                 7
 Home Phone                                 
                             119               119                 -             355             360               (1)
Total Cable                                        
Operations                   838               826                 1           2,506           2,471                 1
operating
revenue
                                                                                              
Operating                                                                                      
expenses
 Cost of                                  
  equipment                  (5)               (7)              (29)            (14)            (19)              (26)
 Other                                                
  operating                (430)             (452)               (5)         (1,308)         (1,306)                 -
  expenses
                                                      
                           (435)             (459)               (5)         (1,322)         (1,325)                 -
Adjusted        $         403   $         367    10   $     1,184   $     1,146    
operating                                                                                                            3
profit
                                                                                              
Adjusted               48.1%          44.4%                       47.2%        46.4%               
operating
profit
margin
                                                                                              
Additions to    $         186   $         190        $       573   $       517    11
PP&E                                                             (2)
                                                                                

Summarized Subscriber Results

                                                                                                   
                               Three months ended September 30,                        Nine months ended September 30,
(Subscriber                2012             2011            Chg             2012             2011            Chg
statistics in
thousands)
                                                                                                              
Cable homes passed        3,799      3,740             3,799      3,740      
                                                                            59                                                        59
                                                                                                              
Television                                                                                                     
 Net additions                                           
  (losses)                          (16)                  9               (25)                (58)                (8)               (50)
 Total television        2,239      2,303              2,239      2,303       
  subscribers                                                             (64)                                                      (64)
                                                                                                              
 Digital cable                                                                                                
    Households,                                        
      net                            (1)                 22               (23)                 (1)                 29               (30)
      additions
      (losses)
    Total               1,776      1,767           1,776      1,767    
      digital                                                                9                                                         9
      cable
      households
                                                                                                              
Cable high-speed                                                                                               
Internet
 Net additions         29                  51           
                                                         39               (10)                                     58                (7)
 Total cable             1,844      1,768             1,844      1,768      
  high-speed                                                                76                                                        76
  Internet
  subscribers
                                                                                                              
Cable telephony                                                                                                
lines
 Net additions                           13             
  and migrations                       4                 16               (12)                                     37               (24)
 Total cable             1,065      1,044             1,065      1,044      
  telephony lines                                                           21                                                        21
                                                                                                              
Total cable                                                                                                    
service units
 Net additions         17                               
  (losses)                                               64               (47)                   6                 87               (81)
 Total cable             5,148      5,115             5,148      5,115      
  service units                                                             33                                                        33
                                                                                                              
Circuit-switched                                                                                               
lines
 Net losses and                                                                                               
  migrations to
  cable telephony
 platform                                     
                                       -                (1)                  1                   -               (12)                 12
 Total                                      
  circuit-switched                     -                  1                (1)                   -                  1                (1)
  lines

Cable Television Revenue

Cable Television revenue  was relatively flat  for the three  and nine  months 
ended September  30, 2012,  compared  to the  corresponding periods  of  2011, 
reflecting pricing  changes made  in  March 2012,  together with  a  continued 
increase in penetration  of our digital  cable product offerings  year-to-date 
offset by the impact of promotional and retention pricing activity  associated 
with heightened IPTV competitive activity.

Our digital cable subscriber  base has grown by  1% since September 30,  2011, 
and represents 79% of our total television subscriber base as at September 30,
2012, compared  to  77%  as  at September  30,  2011.  Increased  demand  from 
subscribers for the larger selection of digital content, video on-demand, HDTV
and personal video recorder ("PVR")  equipment continues to contribute to  the 
growth in the digital subscriber base and Cable Television revenue.

In the first quarter of 2012, Cable Operations began an initiative to  convert 
many of the  remaining analog cable  customer outlets onto  its digital  cable 
platform. This migration, which will occur  during 2012 and 2013, will  enable 
the reclamation of significant amounts of network capacity and reduce  network 
operating and  maintenance  costs going  forward.  The migration  will  entail 
incremental PP&E and operating costs as each of the remaining analog homes are
fitted with  digital  converters and  various  analog filtering  equipment  is 
removed.

Internet Revenue

The year-over-year increase in Internet revenue for the three and nine  months 
ended September  30, 2012  reflects the  increase in  our Internet  subscriber 
base, combined with Internet service pricing changes made during the  previous 
twelve  months.  Also  impacting  the  increase  is  a  general  movement   by 
subscribers towards  higher  end tiers,  partially  offset by  the  impact  of 
promotional  and  retention  pricing   activity  associated  with   heightened 
competition.

With our  high-speed  Internet  customer  base  at  1.8  million  subscribers, 
Internet penetration is  approximately 49% of  the homes passed  by our  cable 
network and 82% of  our television subscriber base  as at September 30,  2012, 
compared to Internet penetration of approximately  47% of the homes passed  by 
our cable network and  77% of our television  subscriber base as at  September 
30, 2011.

Home Phone Revenue

The relatively flat Home  Phone revenues for the  three and nine months  ended 
September 30, 2012,  compared to  the corresponding periods  of 2011,  reflect 
declines in  revenue  associated  with  exiting  the  legacy  circuit-switched 
telephony base  that  Cable  Operations  divested last  year,  offset  by  the 
increase in the cable telephony Home Phone customer base.

Excluding the impact of exiting  the circuit-switched telephony business,  the 
year-over-year revenue growth  for Home Phone  for the three  and nine  months 
ended September 30,  2012 would  have been 3%  and 2%,  respectively. For  the 
three and nine months  ended September 30, 2011,  the revenue associated  with 
the  divested   residential  circuit-switched   telephony  business   totalled 
approximately $3 million and $13 million, respectively.

Cable telephony Home Phone lines in service grew 2% from September 30, 2011 to
September 30, 2012  and now represent  28% of  the homes passed  by our  cable 
network and 48% of television subscribers, compared to 28% of the homes passed
by our cable network and 45% of television subscribers at September 30, 2011.

Cable Operations Operating Expenses

Cable Operations'  operating expenses  decreased for  the three  months  ended 
September 30, 2012, compared to the corresponding period of 2011, due to  cost 
reductions and efficiency initiatives across  various functions and lower  new 
subscriber addition activity, partially offset by incremental retention  costs 
and costs associated with the  analog to digital conversion. Rogers  continues 
to  focus  on  implementing  a  program  of  cost  reduction  and   efficiency 
improvement initiatives to manage the overall level of operating expenses.

Cable Operations Adjusted Operating Profit

The year-over-year increase  in adjusted  operating profit for  the three  and 
nine months ended September 30, 2012, compared to the corresponding periods of
2011, was  primarily the  result of  the revenue  and cost  changes  described 
above, with the associated adjusted operating profit margin of 48.1% and 47.2%
for the three and nine months ended September 30, 2012, respectively, compared
to 44.4% and 46.4% in the corresponding periods of 2011.

Cable Operations Additions to PP&E

                                                                                             
                            Three months ended September 30,                     Nine months ended September 30,
(In millions of          2012             2011          % Chg           2012            2011          % Chg
dollars)
                                                                                                       
Additions to                                                                                             
PP&E
 Customer          $            66   $           74        $          212   $          155     
  premise                                                            (11)                                                     37
  equipment
 Scalable            73               192     181   
  infrastructure                                       56              30                                                      6
 Line                14                           
  extensions                                           12              17                 38                 32               19
 Upgrades and                      n/m              
  rebuild                            -                  4                                  1                  8             (88)
 Support             33                130     141    
  capital                                              44            (25)                                                    (8)
Total additions     $           186   $          190      $          573   $          517     
to PP&E                                                               (2)                                                     11

The Cable Operations segment categorizes its PP&E expenditures according to  a 
standardized set of reporting categories that were developed and agreed to  by 
the  U.S.  cable  television  industry  and  that  facilitate  comparisons  of 
additions to  PP&E between  different cable  companies. Under  these  industry 
definitions, Cable  Operations  additions  to PP&E  are  classified  into  the 
following five categories:

  *Customer premise equipment ("CPE"), which includes the equipment for
    digital set-top terminals, Internet modems and associated installation
    costs;
  *Scalable infrastructure, which includes non-CPE costs to meet business
    growth and to provide service enhancements;
  *Line extensions, which includes network costs to enter new service areas;
  *Upgrades and rebuild, which includes the costs to modify or replace
    existing coaxial cable, fibre-optic equipment and network electronics; and
  *Support capital, which includes the costs associated with the purchase,
    replacement or enhancement of non-network assets. Replacement of network
    assets unrelated to line extensions, rebuilds and upgrades or customer
    growth.

Additions to Cable Operations PP&E include continued investments in the  cable 
network to  enhance  the  customer  experience  through  increased  speed  and 
performance of our Internet service  and capacity enhancements to our  digital 
network to allow for incremental HD and on-demand services to be added.

The decrease in  Cable Operations PP&E  additions for the  three months  ended 
September 30, 2012, compared to the corresponding period of 2011, was  largely 
driven by  lower analog  to digital  subscriber migration  activity and  lower 
installation activity. CPE  investments decreased  versus prior  year for  the 
quarter with lower voice  modems offset by slightly  higher DOCSIS 3  gateways 
and set-top boxes.  Network investments  in scalable  infrastructure and  line 
extensions increased for  the three  months ended  September 30,  2012 due  to 
adding capacity and improving  our data and  video service platforms.  Support 
capital  investments   decreased  during   the   quarter,  compared   to   the 
corresponding period in 2011,  due to timing of  spend on projects related  to 
platforms for new services and customer billing systems.

The increase in  Cable Operations  PP&E additions  for the  nine months  ended 
September 30, 2012, compared to the corresponding period of 2011, was  largely 
driven by  increased  CPE  with  higher  Network  spend  offset  by  lower  IT 
investments. The increase in CPE was attributable to higher volumes of  DOCSIS 
3 gateways, higher  volumes of set-top  boxes related to  Nextbox 2.0 and  our 
analog to digital subscriber migration activities earlier in the year. Network
investments in scalable infrastructure and  line extensions increased for  the 
nine months ended September 30, 2012  and were focused on adding capacity  and 
improving our data  and video service  platforms. Support capital  investments 
decreased during the  nine months ended  September 30, 2012,  compared to  the 
corresponding period in 2011,  due to timing of  spend on projects related  to 
platforms for new services and customer billing systems.

ROGERS BUSINESS SOLUTIONS

Summarized Financial Results

                                                                    
                 Three months ended September 30,            Nine months ended September 30,
(In             2012         2011        % Chg        2012       2011        % Chg
millions
of
dollars,
except
margin)
                                                                              
Operating    $        86   $        96       $     263   $     312      
revenue                                               (10)                                         (16)
                                                                              
Operating                           
expenses               (64)            (77)           (17)         (201)         (246)             (18)
Adjusted     $        22   $        19      $      62   $      66    
operating                                               16                                          (6)
profit
                                                                              
Adjusted          25.6%        19.8%                  23.6%      21.2%              
operating
profit
margin
                                                                              
Additions    $        15   $        13      $      45   $      42   
to PP&E                                                 15                                            7

RBS Revenue

The decrease in RBS revenue for the three and nine months ended September  30, 
2012 primarily reflects  the planned  decline in certain  categories of  lower 
margin legacy business, partially offset by  the growth in next generation  IP 
and other on-net services.  RBS' focus is primarily  on IP-based services  and 
increasingly  on  leveraging  higher   margin  on-net  and  near-net   revenue 
opportunities, utilizing existing  network facilities to  expand offerings  to 
the medium-sized enterprise, public sector  and carrier markets. Revenue  from 
the lower margin off-net legacy business, which includes long-distance,  local 
and certain legacy data  services, continues to decline  and was down 27%  for 
the quarter compared to the third  quarter of 2011. In contrast, revenue  from 
the higher margin next generation business was up 12% for the quarter and  10% 
year-to-date due  to service  to  new customers  and incremental  services  to 
existing customers and now represents approximately 40% of total RBS revenues.

RBS Operating Expenses

The decrease  in  operating expenses  for  the  three and  nine  months  ended 
September 30, 2012, compared  to the corresponding  periods of 2011,  reflects 
cost reductions and  efficiency initiatives across  various functions.  Rogers 
continues to focus on implementing a program of cost reduction and  efficiency 
improvement initiatives to manage the overall level of operating expenses.

RBS Adjusted Operating Profit

The year-over-year increase in adjusted operating profit for the three  months 
ended September  30,  2012 reflects  steady  declines in  operating  expenses, 
partially offset by  declines in revenue  as we exit  the lower margin  legacy 
business to focus on growing its on-net and next generation data revenue.  The 
year-over-year decrease in adjusted operating profit for the nine months ended
September 30, 2012,  compared to  the corresponding period  in 2011,  reflects 
declines in  revenue due  to RBS'  planned  exit of  the lower  margin  legacy 
business, offset by cost efficiencies which  resulted in the increase in  RBS' 
adjusted operating profit margin to 23.6% from 21.2%.

RBS Additions to PP&E

The increase  in  RBS PP&E  additions  for the  three  and nine  months  ended 
September 30, 2012, compared  to the corresponding  periods of 2011,  resulted 
from the timing of  expenditures on customer  specific network expansions  and 
support capital.

VIDEO

As of June 2012, Rogers' retail stores  no longer rent or sell DVDs and  games 
at any  of its  locations which  now focus  exclusively on  sales and  service 
relating to Rogers' wireless  and cable products. The  second quarter of  2012 
was the last period for operations of the Video segment, with the remnants  of 
that business  now  treated  as discontinued  operations  for  accounting  and 
reporting purposes.

MEDIA

Summarized Media Financial Results

                                                                 
               Three months ended September 30,            Nine months ended September 30,
(In            2012       2011        % Chg        2012       2011         % Chg
millions
of
dollars,
except
margin)
                                                                             
Operating    $     392   $     407      $   1,186   $   1,183   
revenue                                             (4)                                             -
                                                                             
Operating                              
expenses            (342)         (352)             (3)       (1,071)       (1,047)                 2
Adjusted     $      50   $      55      $     115   $     136       
operating                                           (9)                                          (15)
profit
                                                                             
Adjusted        12.8%      13.5%                    9.7%      11.5%               
operating
profit
margin
                                                                             
Additions    $      11   $      10       $      32   $      30    
to PP&E                                              10                                             7

Media Revenue

The decrease in Media's revenue for the three months ended September 30, 2012,
compared to the corresponding period of 2011, was the result of softer results
at Television, Publishing, Digital Media, and The Shopping Channel,  partially 
offset by  growth at  Sportsnet and  Sports Entertainment.  The third  quarter 
experienced a continued weakening  of the advertising  market from the  levels 
seen earlier in  the year, which  suppressed growth in  most Media  divisions. 
Revenues for the nine months ended  September 30, 2012 increased slightly  due 
to strong growth at Sportsnet and Sports Entertainment.

Media Operating Expenses

The decrease  in  Media's  operating  expenses  for  the  three  months  ended 
September 30, 2012, compared to the corresponding period of 2011, is primarily
due to  cost  containment  efforts, which  offset  increased  baseball  player 
related costs during the quarter.  The increase in Media's operating  expenses 
for the nine months ended September 30, 2012, is primarily due to an  increase 
in programming  related  spending in  the  Television division  and  increased 
player related  costs  in Sports  Entertainment.  The Television  spending  is 
related to  new  channels,  including  CityNews and  FX  Canada,  as  well  as 
investments in new programming at Citytv coinciding with the recent  expansion 
of its footprint which enables the monetization of such programming costs over
a much larger audience base.

Media Adjusted Operating Profit

The decrease  in Media's  adjusted operating  profit for  the three  and  nine 
months ended  September 30,  2012, compared  to the  corresponding periods  of 
2011, primarily reflects the revenue and expense changes discussed above.

Media Additions to PP&E

Media's PP&E additions during  the three and nine  months ended September  30, 
2012 increased from the corresponding periods in 2011 primarily due to capital
expenditures relating  to infrastructure  upgrades  for Sportsnet  and  Sports 
Entertainment.

Other Media Developments

On August 25, 2012, Rogers announced that it had entered into an agreement  to 
purchase 100% of the outstanding shares of Score Media Inc. for $167  million. 
As part of  this transaction,  Rogers also received  a 10%  interest in  Score 
Media's digital media  assets, which  will be spun  out as  a separate  entity 
called Score Digital. theScore Television  Network is a national specialty  TV 
service  providing  sports  news,  information,  highlights  and  live   event 
programming across Canada. This transaction is subject to regulatory  approval 
which is anticipated in the first quarter of 2013, following which Rogers will
wholly own and control theScore Television Network and its related  television 
assets.

Subsequent to the quarter ended September  30, 2012, on October 19, 2012,  the 
$167 million  purchase price  was paid  and  the shares  of Score  Media  were 
transferred to an  interim CRTC-approved  trust which is  responsible for  the 
independent management  of the  business in  the normal  course of  operations 
until CRTC approval  is obtained. The  ultimate control over  the Score  Media 
business will  not transfer  to Rogers  until such  approval is  obtained.  In 
addition, Rogers will hold  approximately 11.8% of  the outstanding shares  of 
Score Digital, which includes 10% that will be issued in connection with  this 
transaction and approximately 1.8% of the shares of Score Digital received  by 
Rogers as partial payment  for our shareholdings in  Score Media prior to  the 
implementation of the transaction.

CORPORATE

Other Corporate Developments

On August 22, 2012, Rogers, along with BCE Inc., closed the joint  acquisition 
of a net 75% equity interest in  Maple Leafs Sports & Entertainment Ltd.  from 
the Ontario Teachers' Pension Plan. MLSE is one of Canada's largest sports and
entertainment companies and owns and operates the Air Canada Centre, the NHL's
Toronto Maple Leafs, the NBA's Toronto Raptors, the MLS' Toronto FC, the AHL's
Toronto Marlies and  other assets.  Rogers' net cash  investment, following  a 
leveraged recapitalization of  MLSE, was  $533 million,  representing a  37.5% 
equity interest in MLSE.  An additional $7 million  of costs were incurred  in 
relation to this investment.

2012 FINANCIAL AND OPERATING GUIDANCE

We have no specific revisions to the 2012 annual consolidated guidance  ranges 
that we  provided on  February 22,  2012. See  the section  entitled  "Caution 
Regarding Forward-Looking Statements, Risks and Assumptions" below.

Rogers Communications Inc.
Unaudited Interim Condensed Consolidated Statements of Income
(In millions of Canadian dollars, except per share amounts)

                                                             
                        Three months ended              Nine months ended
                          September 30,                   September 30,
                      2012         2011         2012         2011
                                                       
Operating          $   3,176    $    3,131    $    9,225    $    9,191
revenue
                                                       
Operating                                                     
expenses:
 Operating           1,914        1,885        5,587        5,594
  costs
  Integration,
  restructuring
 and                     7          15          82          36
  acquisition
  costs
  Depreciation
 and                   437         427        1,366        1,289
  amortization
                                                       
Operating               818         804        2,190        2,272
income
                                                       
Finance costs        (169)       (146)       (488)        (580)
Other income,             2           -          11           7
net
Share of the
income (loss)
of associates                                            
and joint
ventures,
 net of tax           (8)           1         (2)            4
                                                       
Income before
income taxes            643         659        1,711        1,703
from continuing
operations
                                                       
Income tax                                                    
expense:
 Current               62          99         310         383
 Deferred             115          63         198          65
                       177         162         508         448
                                                       
Net income for
the period from         466         497        1,203        1,255
continuing
operations 
Loss from
discontinued              -         (6)        (32)        (19)
operations, net
of tax
Net income        $    466    $     491    $    1,171    $    1,236
                                                       
Earnings per                                                  
share - basic:
  Earnings per
 share from       $   0.90    $    0.92    $     2.31    $    2.29
  continuing
  operations 
  Loss per
 share from              -       (0.01)       (0.06)       (0.03)
  discontinued
  operations 
Earnings per       $   0.90    $     0.91    $     2.25    $     2.26
share 
                                                      
Earnings per
share -                                                       
diluted:
  Earnings per
 share from       $    0.90    $     0.88    $     2.30    $     2.28
  continuing
  operations 
  Loss per
 share from              -       (0.01)       (0.06)       (0.03)
  discontinued
  operations 
Earnings per       $    0.90    $    0.87    $    2.24    $    2.25
share 
                                                      
                 

Rogers Communications Inc.
Unaudited Interim Condensed Consolidated Statements of Financial Position
(In millions of Canadian dollars)

                                                             
                                      September 30,    December
                                                                           31,
                                               2012        2011
                                                             
Assets                                                        
                                                             
Current assets:                                               
 Cash and cash                       $           459   $        -
  equivalents
 Accounts receivable                        1,429       1,574
 Other current assets                         399         322
 Current portion of                               6          16
  derivative instruments
                                              2,293       1,912
                                                             
Property, plant and                            9,289       9,114
equipment
Goodwill                                     3,282       3,280
Intangible assets                            2,630       2,721
Investments                                  1,445       1,107
Derivative instruments                          20          64
Other long-term assets                         133         134
Deferred tax assets                             40          30
                                     $        19,132   $   18,362
                                                             
Liabilities and                                               
Shareholders' Equity
                                                             
Current liabilities:                                          
 Bank advances                    $             -   $       57
 Accounts payable and                         1,852       2,085
  accrued liabilities
 Income tax payable                           150           -
 Current portion of                              25          35
  provisions
 Current portion of                             344           -
  long-term debt
 Current portion of                            161          37
  derivative instruments
 Unearned revenue                             311         335
                                              2,843       2,549
                                                             
Provisions                                      34          38
Long-term debt                              10,392      10,034
Derivative instruments                         431         503
Other long-term                                  240         276
liabilities
Deferred tax liabilities                     1,569       1,390
                                             15,509      14,790
                                                             
Shareholders' equity                         3,623       3,572
                                     $        19,132   $   18,362
                                                    
                                                    

Rogers Communications Inc.
Unaudited Interim Condensed Consolidated Statements of Cash Flows
(In millions of Canadian dollars)

                                                                      
                                Three months ended               Nine months ended
                                   September 30,                   September 30,
                               2012         2011         2012         2011
                                                                
Cash provided by                                                       
(used in):
                                                                
Operating activities:                                                  
 Net income              $      466    $      491    $    1,171    $    1,236
  Adjustments to
 reconcile net                                                        
  income to
  net cash flows
 from operating                                                       
  activities:
   Depreciation and            437          427        1,366        1,289
     amortization
   Program rights               11           18           60           60
     amortization
   Finance costs              169          146          488          580
   Current income               62           96          300          375
     tax expense
   Deferred taxes             115           63          198           65
     Pension
   contributions,             (11)          (6)         (29)         (38)
     net of expense
     Settlement of
   pension                       -            -            -           11
     obligations
     Stock-based
   compensation                                                      
     expense
   (recovery)                 26         (19)           20           30
     Amortization of
   fair value                                                        
     decrement
   on long-term                 -            -            1            1
     debt
     Share of the
   loss (income) of                                                  
     associates
     and joint
   ventures, net of              8          (1)            2          (4)
     tax
   Other                        1         (10)          (6)          (1)
                              1,284        1,205        3,571        3,604
 Change in non-cash                                                   
  operating working
 capital items                113          178        (140)        (268)
                              1,397        1,383        3,431        3,336
 Interest paid               (223)        (244)        (555)        (553)
 Income taxes paid            (28)         (11)        (123)         (17)
                              1,146        1,128        2,753        2,766
                                                                      
Investing activities:                                                  
 Additions to                                                         
  property, plant and
 equipment                   (528)        (559)      (1,435)      (1,474)
  ("PP&E")
 Change in non-cash                                                   
  working capital
 items related to               53           38         (49)        (121)
  PP&E
 Acquisitions, net                                                    
  of cash and cash
 equivalents                     -            -            -        (532)
  acquired
 Investments                 (540)            -        (540)            -
 Additions to                  (46)         (40)         (67)         (50)
  program rights
 Other                        (19)          (9)         (33)         (28)
                            (1,080)        (570)      (2,124)      (2,205)
                                                                      
Financing activities:                                                  
 Issuance of                      -          240        2,090        3,650
  long-term debt
 Repayment of                     -        (120)      (1,240)      (2,482)
  long-term debt
  Premium on
 repayment of                     -            -            -         (76)
  long-term debt
  Payment on
 settlement of                                                        
  cross-currency
  interest rate
 exchange agreement                                                   
  and
 forward contracts              -            -            -      (1,208)
  Proceeds on
 settlement of                                                        
  cross-currency
  interest rate
 exchange agreement                                                   
  and
 forward contracts              -            -            -          878
 Transaction costs              (5)            -         (14)         (10)
  incurred
  Repurchase of Class
 B Non-Voting                     -        (440)        (350)        (725)
  shares
  Proceeds received
 on exercise of                                                       
  stock
 options                        -            1            -            1
 Dividends paid              (205)        (194)        (599)        (568)
                              (210)        (513)        (113)        (540)
                                                                      
Change in cash and                                                     
cash equivalents
(bank advances)              (144)           45          516           21
                                                                      
Cash and cash                                                          
equivalents (bank
advances), beginning            603         (69)         (57)         (45)
of period
Cash and cash                                                          
equivalents (bank
advances), end of         $      459    $     (24)    $      459    $     (24)
period
                                                            
The change in                                                          
non-cash operating
working capital                                                       
items is as follows:
 (Increase)/decrease                                                  
  in accounts
 receivable             $     (84)    $       53    $      116    $       31
 (Increase)/decrease            131           45         (80)         (90)
  in other assets
 Increase/(decrease)                                                  
  in accounts payable
 and accrued                    99           86        (150)        (199)
  liabilities
 Increase/(decrease)           (33)          (6)         (26)         (10)
  in unearned revenue
                          $      113    $      178    $    (140)    $    (268)

Caution Regarding Forward-Looking Statements, Risks and Assumptions

This  earnings  release  includes  "forward-looking  information"  within  the 
meaning of applicable securities laws and assumptions concerning, among  other 
things  our  business,  its  operations  and  its  financial  performance  and 
condition approved by management  on the date of  this earnings release.  This 
forward-looking information and these assumptions include, but are not limited
to, statements with respect to our objectives and strategies to achieve  those 
objectives, as  well  as  statements  with  respect  to  our  beliefs,  plans, 
expectations, anticipations,  estimates  or intentions.  This  forward-looking 
information also  includes, but  is  not limited  to, guidance  and  forecasts 
relating to revenue, adjusted operating  profit, property plant and  equipment 
expenditures, cash income  tax payments,  free cash  flow, dividend  payments, 
expected growth in subscribers and the  services to which they subscribe,  the 
cost of acquiring  subscribers and  the deployment  of new  services, and  all 
other statements that are not  historical facts. The words "could",  "expect", 
"may",  "anticipate",  "assume",  "believe",  "intend",  "estimate",   "plan", 
"project", "guidance",  and  similar  expressions  are  intended  to  identify 
statements  containing   forward-looking   information,   although   not   all 
forward-looking statements  include  such words.  Conclusions,  forecasts  and 
projections set out in  forward-looking information are  based on our  current 
objectives and strategies and on estimates and other factors and  expectations 
and assumptions,  most of  which  are confidential  and proprietary,  that  we 
believe to be reasonable at the time  applied, but may prove to be  incorrect, 
including, but not  limited to:  general economic and  industry growth  rates, 
currency exchange  rates, product  pricing levels  and competitive  intensity, 
subscriber growth, usage  and churn rates,  changes in government  regulation, 
technology  deployment,  device  availability,  the  timing  of  new   product 
launches, content  and  equipment  costs,  the  integration  of  acquisitions, 
industry structure and stability.

Except as otherwise indicated, this  earnings release and our  forward-looking 
statements do not reflect the potential  impact of any non-recurring or  other 
special items or  of any dispositions,  monetizations, mergers,  acquisitions, 
other business combinations or  other transactions that  may be considered  or 
announced  or  may  occur  after   the  date  the  statement  containing   the 
forward-looking information is made.

We caution  that  all  forward-looking information,  including  any  statement 
regarding our current  objectives, strategies and  intentions and any  factor, 
assumptions,  estimate   or   expectation   underlying   the   forward-looking 
information, is inherently subject to  change and uncertainty and that  actual 
results  may  differ  materially  from  those  expressed  or  implied  by  the 
forward-looking information.  A  number  of  risks,  uncertainties  and  other 
factors could cause actual results and events to differ materially from  those 
expressed or implied  in the  forward-looking information or  could cause  our 
current objectives, strategies  and intentions  to change,  including but  not 
limited to: new interpretations and  new accounting standards from  accounting 
standards bodies, economic conditions,  technological change, the  integration 
of acquisitions, unanticipated changes in content or equipment costs, changing
conditions in the  entertainment, information  and communications  industries, 
regulatory changes,  litigation  and tax  matters,  the level  of  competitive 
intensity and the emergence of new opportunities.

Many of  these factors  are  beyond our  control  and current  expectation  or 
knowledge. Should one or more of  these risks, uncertainties or other  factors 
materialize, our objectives,  strategies or  intentions change,  or any  other 
factors  or  assumptions  underlying  the  forward-looking  information  prove 
incorrect, our actual results and our plans could vary significantly from what
we currently foresee. Accordingly, we warn investors to exercise caution  when 
considering statements  containing  forward-looking information  and  that  it 
would be unreasonable  to rely  on such  statements as  creating legal  rights 
regarding our future  results or  plans. We are  under no  obligation (and  we 
expressly disclaim  any such  obligation) to  update or  alter any  statements 
containing  forward-looking  information   or  the   factors  or   assumptions 
underlying them, whether  as a  result of  new information,  future events  or 
otherwise, except as required by  law. All of the forward-looking  information 
in this earnings release is qualified by the cautionary statements herein.

Before making any investment  decisions and for a  detailed discussion of  the 
risks, uncertainties  and  environment  associated with  our  business,  fully 
review the sections of  our second quarter MD&A  entitled: "Updates to  Risks 
and Uncertainties" and  "Government Regulation  and Regulatory  Developments", 
and also sections entitled "Risks and Uncertainties Affecting our  Businesses" 
and "Government Regulation  and Regulatory  Developments" in  our 2011  Annual 
MD&A.  Our   annual   and  quarterly   reports   can  be   found   online   at 
rogers.com/investors, sedar.com  and sec.gov  or are  available directly  from 
Rogers.

About Rogers Communications Inc.

Rogers Communications  is a  diversified  public Canadian  communications  and 
media company. We  are Canada's  largest provider  of wireless  communications 
services and one of Canada's leading providers of cable television, high-speed
Internet and telephony services. Through Rogers Media, we are engaged in radio
and  television  broadcasting,   televised  shopping,   magazines  and   trade 
publications, sports entertainment, and digital media. We are publicly  traded 
on the Toronto Stock Exchange (TSX: RCI.A and RCI.B) and on the New York Stock
Exchange (NYSE:  RCI).  For further  information  about the  Rogers  group  of 
companies, please visit rogers.com.

Quarterly Investment Community Conference Call

As previously announced  by press  release, a  live webcast  of our  quarterly 
results teleconference with the investment community will be broadcast via the
Internet at rogers.com/webcast beginning  at 8:00 a.m.  ET today, October  24, 
2012. A rebroadcast of this teleconference will be available on the Events and
Presentations    page     of    Rogers'     Investor    Relations     website, 
rogers.com/investors, for  a  period  of  at least  two  weeks  following  the 
teleconference.









SOURCE Rogers Communications Inc.

Contact:

Investment Community Contacts

Bruce M. Mann, 416.935.3532,bruce.mann@rci.rogers.com
Dan Coombes, 416.935.3550,dan.coombes@rci.rogers.com

Media Contact

Terrie Tweddle, 416.935.4727,terrie.tweddle@rci.rogers.com