CBCnews
Story Tools: EMAIL | PRINT | Text Size: S M L XL | REPORT TYPO | SEND YOUR FEEDBACK | Bookmark and Share

Rogers says iPhone coming to Canada this year

Last Updated: Tuesday, April 29, 2008 | 4:14 PM ET

CBC News
Apple has set a goal of selling 10 million iPhones worldwide in 2008. Apple has set a goal of selling 10 million iPhones worldwide in 2008. (Associated Press/Jason DeCrow)

Rogers Communications Inc. said Tuesday it has reached an agreement to bring Apple Inc.'s iPhone to Canada later this year.

But the company declined to give pricing details or say when it would begin offering the popular mobile handset, which has drawn praise for its sleek design and internet capabilities since it was first launched a year ago in the United States. Earlier this week, Apple said it expected to sell 10 million iPhones worldwide this year.

"We're thrilled to announce that we have a deal with Apple to bring the iPhone to Canada later this year," said president Ted Rogers in a brief statement. "We can't tell you any more about it right now, but stay tuned."

Rogers has long been rumoured to be the wireless carrier most likely to offer the iPhone in Canada, as it is the only Canadian carrier using the GSM (Global System Mobile) communications standard needed to run the iPhone. Canada's two other main cellphone providers, Bell Canada and Telus, use the competing CDMA standard.

But both Rogers and Apple had been tight-lipped about a possible Canadian release date. There has been speculation that part of the delay in bringing the iPhone to Canada was a dispute over pricing between Apple and Rogers. Apple has also been involved in a year-long trademark dispute with Toronto-based Comwave Telecom Inc. over the rights to the name "iPhone."

There are thousands of iPhones already in Canada, but most of these have been bought in the United States and unlocked to work on Rogers's network.

The iPhone, which earlier this year added a number of features designed to make it more business friendly, is expected to compete with Waterloo, Ont.-based Research in Motion Ltd.'s line of Blackberry smart phones.

Apple has sold more than five million iPhones, according to several analyst estimates, and the company expects to sell 10 million by the end of 2008.

Rogers also announced earnings of $344 million during the quarter, or 54 cents a share. That's up from $170 million, or 26 cents a share, a year earlier. Revenue also rose 14 per cent to $2.6 billion.

Rogers Class B shares gained $1.56 to close at $44.46 in TSX trading.

  •  
Story Tools: EMAIL | PRINT | Text Size: S M L XL | REPORT TYPO | SEND YOUR FEEDBACK | Bookmark and Share
 

Find the best interest rates

Sponsored Feature

Select a product  

Close Close this window

Sponsored Feature

Rate Comparison

Banks & Trusts Interest Rate Minimum Deposit Features
Home Trust Company 0.85% $2,500  
Equitable Trust 0.80% $5,000  
Ally 0.75% $1 Guaranteed earnings. No minimums, fees or service charges.
SunLife Financial Trust 0.70% $1,000  
ResMor Trust 0.65% $5,000  
ICICI Bank Canada 0.50% $1,000  
ING Direct 0.50% $1  
Peoples Trust 0.50% $5,000  
Pacific & Western Bank 0.45% $5,000  
Bank West 0.35% $5,000  
Banks & Trusts Interest Rate Minimum Deposit Features
Home Trust Company 1.25% $2,500  
ResMor Trust 1.10% $5,000  
Ally 1.00% $1 Guaranteed earnings. No minimums, fees or service charges.
Equitable Trust 0.85% $5,000  
SunLife Financial Trust 0.80% $1,000  
Pacific & Western Bank 0.70% $5,000  
ING Direct 0.50% $1  
Manulife Bank 0.50% $25,000  
Peoples Trust 0.50% $5,000  
General Bank of Canada 0.50% $25,000  
Banks & Trusts Interest Rate Minimum Deposit Features
Home Trust Company 1.25% $2,500  
ResMor Trust 1.10% $5,000  
Ally 1.10% $1 Guaranteed earnings. No minimums, fees or service charges.
Equitable Trust 0.85% $5,000  
SunLife Financial Trust 0.80% $1,000  
Pacific & Western Bank 0.75% $5,000  
Manulife Bank 0.50% $25,000  
Peoples Trust 0.50% $5,000  
General Bank of Canada 0.50% $25,000  
ING Direct 0.50% $1  
Banks & Trusts Interest Rate Minimum Deposit Features
Ally 1.75% $1 No-Penalty option, no fees, daily compounded interest.
Home Trust Company 1.55% $1,000  
Pacific & Western Bank 1.55% $1,000  
ResMor Trust 1.46% $1,000  
SunLife Financial Trust 1.45% $1,000  
Community Trust 1.35% $1,000  
Korea Exchange Bank 1.30% $3,500  
State Bank of India (C) 1.30% $2,000  
ING Direct 1.25% $1  
Alterna Bank 1.20% $500  
Banks & Trusts Interest Rate Minimum Deposit Features
Ally 2.30% $1 Guaranteed earnings. No minimums, fees or service charges.
ING Direct 2.25% $1  
Pacific & Western Bank 2.15% $1,000  
Home Trust Company 2.15% $1,000  
ResMor Trust 2.11% $1,000  
SunLife Financial Trust 2.05% $1,000  
State Bank of India (C) 2.00% $2,000  
Korea Exchange Bank 2.00% $3,500  
Community Trust 1.95% $1,000  
HomEquity Bank 1.90% $5,000  
Banks & Trusts Interest Rate Minimum Deposit Features
Ally 2.75% $1 Guaranteed earnings. No minimums, fees or service charges.
Alterna Bank 2.75% $500  
Home Trust Company 2.65% $1,000  
SunLife Financial Trust 2.65% $1,000  
ResMor Trust 2.60% $1,000  
HomEquity Bank 2.55% $5,000  
Manulife Bank 2.50% $2,500  
ING Direct 2.50% $1  
President's Choice Fin'l 2.50% $500  
State Bank of India (C) 2.50% $2,000  
Banks & Trusts Interest Rate Minimum Deposit Features
Ally 3.60% $1 Guaranteed earnings. No minimums, fees or service charges.
SunLife Financial Trust 3.45% $1,000  
Home Trust Company 3.35% $1,000  
Pacific & Western Bank 3.30% $1,000  
B2B Trust 3.30% $500  
President's Choice Fin'l 3.25% $500  
ING Direct 3.25% $1  
HomEquity Bank 3.25% $5,000  
Manulife Bank 3.25% $2,500  
Canadian Western Bank 3.20% $500  
Banks & Trusts Interest Rate Minimum Deposit Features
Peoples Trust 2.10% $0  
Ally 2.00% $0 No minimums, no fees, daily compounded interest.
State Bank of India (C) 1.25% $1,000  
Canadian Tire Bank 1.20% $0  
ICICI Bank Canada 1.20% $0  
ING Direct 1.05% $0  
Amex Bank of Canada 1.00% $0  
Manulife Bank 1.00% $0  
Alterna Bank 0.85% $0  
Royal Bank of Canada 0.75% $0  
Banks & Trusts Interest Rate Minimum Deposit Features
Ally 2.00% $0 Invest up to $5000/year tax-free, withdraw at any time.
State Bank of India (C) 1.75% $0  
Bank of Nova Scotia 1.50% $0  
Canadian Tire Bank 1.50% $0  
ICICI Bank Canada 1.40% $0  
ING Direct 1.05% $0  
President's Choice Fin'l 1.00% $0  
Manulife Bank 1.00% $0  
BMO Bank of Montreal 1.00% $0  
HSBC Bank Canada 0.80% $0  

Money Headlines

Ottawa will stay course on stimulus: Flaherty Video
Rather than turning off the stimulus taps or pouring more fuel on the economic fire, Ottawa will stand pat with the $61 billion in stimulus spending announced in January, Finance Minister Jim Flaherty says.
Canada Post struggles to innovate
Canada's postal service is reinventing itself as it struggles to make up for dwindling demand in the face of a devastating global economic slowdown.
The 10-billion-barrel battle
Henry Lyatsky wants B.C.'s coast opened to oil drilling but environmentalists stand opposed.
CAW, Johnson Controls reach tentative deal Video
After a successful late-night bargaining session, the Canadian Auto Workers Union and management at Johnson Controls have reached a tentative agreement on a new three-year labour deal.
Agrium's bid for CF stumbles
Calgary-based Agrium has suffered a setback in its bid to take over rival CF Industries.

Money Features

SMALL BUSINESSFeatures & video
Issues, trends and tricks that entrepreneurs need to know about
ECONOMYWashington
Birthday for a bailout
BUSINESSTwitter
Follow Amanda Lang and Kevin O'Leary
ECONOMYStrategic thinking
Friedman's theory finds little traction in economic recovery
ECONOMYInflation
MONEY TALKSMichael Hlinka
Those longer mortgages are going to hit retirement plans hard
More Features

People who read this also read …

Top CBCNews.ca Headlines

Headlines

McCain argues against Afghanistan exit date
U.S. Senator John McCain says military exit dates and exit strategies in Afghanistan should not even be discussed until NATO gets the upper hand in its fight against Taliban militants.
Rocket hits luxury hotel in Afghan capital
At least two people were hurt when a rocket struck a wall of the heavily guarded Serena Hotel in Kabul, the Interior Ministry says.
Disgraced N.S. bishop Lahey replaced
The Roman Catholic Church has appointed a replacement for Bishop Raymond Lahey, of the Diocese of Antigonish, N.S., who is facing child pornography charges.
42 dead after China mine blast
At least 42 miners are dead and dozens still trapped underground after a coal mine explosion in northern China early Saturday.
Italian police arrest Mumbai attack suspects
Italian police on Saturday arrested a Pakistani father and son accused of helping fund and providing logistical support for last year's terrorist attacks in Mumbai, India, authorities said.