Rogers Communications is a leading telecommunications and media company based in Canada. The company provides a wide array of services, including wireless communication, high-speed internet, television broadcasting, and media production. It operates a robust wireless network that connects millions of customers, facilitating mobile communication and data services. In addition to its telecommunications offerings, Rogers owns and operates various media properties, including television channels, radio stations, and digital platforms, allowing it to deliver a diverse range of content to consumers. Through its innovative solutions and customer-focused approach, Rogers Communications plays a significant role in enhancing connectivity and entertainment for Canadians. Read More
Blackstone and top Canadian investors will inject ~$5B into Rogers Communications for a minority stake in its wireless infrastructure unit. The deal aims to reduce Rogers' debt and enhance long-term capital efficiency.
TORONTO, April 04, 2025 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX: RCI.A and RCI.B; NYSE: RCI) (“Rogers”) today announced that it has commenced consent solicitations to amend the indentures governing certain of its outstanding US dollar-denominated and Canadian dollar-denominated notes, including notes originally issued by Shaw Communications Inc. (collectively the “Consent Solicitations”), as listed in the table below (the “Notes”). The Consent Solicitations are being made in connection with the subsidiary equity investment announced today by Rogers and Blackstone. Rogers intends to use substantially all of the net proceeds of the subsidiary equity investment to repay debt. The subsidiary equity investment will be reported as equity in Rogers’ consolidated financial statements, and is expected to be considered an equity investment by Moody’s Investors Services, Inc., S&P Global Ratings, a division of S&P Global Inc., and DBRS Limited. Rogers believes that the subsidiary equity investment does not constitute debt of a type that is limited by the indentures governing Rogers’ notes. However, because of the innovative and multi-faceted nature of the subsidiary equity investment, Rogers has determined it is prudent to seek the requisite consents from the holders of each series of Rogers’ notes listed below to implement an amendment to the applicable indentures for the purpose of unequivocally clarifying that the subsidiary equity investment is not subject to the covenant limiting debt of Rogers’ subsidiaries or the other negative covenants of, and is otherwise permitted by, and does not constitute a default under, the applicable indentures.
Renews highly coveted and valuable hockey rights long termWill deliver more national games and fewer blackouts to hockey fansRogers is proud to remain the home of NHL hockey
TORONTO, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Rogers Communications (TSX: RCI.A and RCI.B) (NYSE: RCI) today announced it has received clearance from the Competition Bureau to proceed with the acquisition of Bell’s 37.5% stake in Maple Leaf Sports & Entertainment.
A new NFL rule allows teams to sell minority stakes to private equity companies. The Miami Dolphins are one of the first to use the rule and fans can buy stock in the new investor.
TORONTO, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Rogers today announced its net-zero greenhouse gas (GHG) emissions targets have been approved by the globally recognized Science Based Targets initiative (SBTi).
Rogers Communications reports Q3 earnings beat. Rogers recently entered into a non-binding term sheet with an undisclosed global financial investor which will finance a portion of its network with a structured equity investment of C$7 billion.
TORONTO, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX: RCI.A and RCI.B) (NYSE: RCI) plans to release its third quarter 2024 financial results on Thursday, October 24, 2024, before North American financial markets open. The results will be distributed by newswire and posted at investors.rogers.com. Rogers’ management will host its quarterly teleconference with the investment community to discuss the results and outlook at 8:00 a.m. ET.
Rogers Communications will begin an industry-first implementation of Comcast's leading network design the two companies announced today. With this collaboration, Rogers will advance its roadmap to deliver faster speeds, enhanced reliability, and lower latency across its footprint like what Comcast has made accessible to more than 60 million homes and businesses in the U.S. The effort continues Comcast's expansion of its global technology platform, allowing service providers across the globe to deliver next-generation connectivity and entertainment experiences to customers.
