text: 228,000 and lower churn of 1.24%. 
  
  (cid:129) Cable high-speed Internet subscribers grew by 97,000 and cable 
  telephony lines grew by 79,000, while television households 
  decreased by 87,000 compared to 2012. 
  
  **New CEO**
  (cid:129) Guy Laurence joined Rogers in December 2013, as our new President 
  and Chief Executive Officer, succeeding Nadir Mohamed who retired 
  from Rogers. Mr. Laurence brings 30 years of global experience in 
  the telecommunications and media industries. 
  
  **Strong Cash Flow**
  (cid:129) Pre-tax free cash flow, defined as adjusted operating profit less 
  spending on property, plant and equipment, and interest on long- 
  term debt (net of capitalized interest), increased by 1% compared to 
  2012 to $2,044 million due to a 3% increase in adjusted operating 
  profit offset by higher spending on property, plant and equipment. 
  After-tax cash flow decreased by 6% from 2012 levels to $1,548 due 
  to a 31% increase in cash taxes. 
  
  **Significant Developments**
  (cid:129) Exclusive 12-year licensing agreement to broadcast national NHL 
  games, beginning with the 2014-2015 season was signed. The 
  agreement grants Rogers the exclusive distribution rights of all 
  national regular season and playoff games within Canada, in multiple 
  languages, across all platforms. At the same time, we executed 
  separate agreements to sublicence certain of these broadcasting 
  rights to TVA Sports and CBC. 