With record results in Q4, Rogers has good reason to be jolly.

After a successful acquisition of Shaw in 2023, the telecommunications giant remains Canada’s most popular carrier for the second straight year, with 11.6 million Canadians choosing it as their wireless provider, and 4.2 million being retail internet customers across the country.

That’s one of the topline insights in a report full of positive news for investors. Rogers saw service revenue up 27% (reaching $16.8 billion for the year), free cash flow increase by 34% and postpaid mobile phone nets were up 24%. Digging into their wireless and cable operations specifically, Rogers announced total revenue was up 30% and wireless service revenue was up 9%.

In the Q4 earnings report, Rogers lists what helped its growth, including a number of firsts for Canadian tech companies. It signed agreements for: satellite-to-mobile coverage with SpaceX and Lynk Global, and made Canada’s first test call; satellite-connected wildfire sensors and AI cameras connected to Rogers’ 5G network to aid in early wildfire detection; 5G cellular connectivity on Highway 16 in B.C. that will improve public safety; and it was the first carrier to activate 5G services for all riders at TTC subway stations and its busiest tunnels.

Not surprisingly, its targets for the year ahead predict continued growth. It forecasts a total service revenue growth between 8% and 10% and free cash flow around $2.9 billion to $3 billion.