Welcome to our dedicated page for Rogers Comm news (Ticker: RCI), a resource for investors and traders seeking the latest updates and insights on Rogers Comm stock.
News about Rogers Communications Inc. (RCI) focuses on its role as Canada’s leading communications and entertainment company and on developments across its wireless, cable, media, and sports businesses. Investors and followers of RCI can use this news feed to see how Rogers reports on network expansion, product launches, financial performance, and capital allocation decisions.
Rogers regularly issues news releases on quarterly results, which are also filed on Form 6‑K. These earnings updates highlight metrics such as wireless service revenue, cable revenue, media revenue, subscriber additions, and margins, along with commentary on strategic priorities and financial guidance. The company also announces the timing of investment community teleconferences and webcasts where management discusses results and outlook.
Beyond financial reporting, Rogers news covers network and product initiatives, including the launch and expansion of Rogers Satellite, a satellite-to-mobile texting service that extends coverage into remote areas, and offerings such as Rogers Xfinity Pro, which adds Wi‑Fi 7‑enabled equipment and backup capabilities to its internet plans. Device-related announcements, such as the availability of new generations of iPhone, Apple Watch, and AirPods on Rogers’ 5G+ network, appear in these updates as well.
Rogers’ media and sports activities also generate frequent headlines. The company reports on the performance of its media segment, the impact of the Toronto Blue Jays season, and developments related to its controlling interest in Maple Leaf Sports & Entertainment Ltd. News releases describe fan-focused initiatives such as World Series ticket giveaways, watch parties at Rogers Centre, and customer reward programs like Rogers Beyond the Seat.
Dividend declarations, debt tender offers, and significant financing transactions, including equity investments in network subsidiaries, are disclosed through dedicated news releases and associated SEC filings. Readers who follow RCI news can track how Rogers communicates strategic moves, capital structure changes, and shareholder returns over time.
Rogers Communications and Shaw Communications have been notified of the Commissioner of Competition's intent to oppose their merger. To alleviate concerns about market competitiveness, they are engaged in selling Shaw’s Freedom Mobile. The companies assert the merger will benefit Canadians through investments in digital infrastructure, including a $2.5 billion commitment to 5G and a $1 billion connectivity fund. The transaction remains subject to regulatory approvals and has received support from Shaw's shareholders and the CRTC.
Rogers Communications announced the results from its Annual General Meeting held on April 20, 2022. Shareholders overwhelmingly approved all proposed items, including appointing KPMG LLP as auditors and electing all proposed directors. A total of 108,640,213 Class A shares, representing 97.74% of voting stock, participated in the director elections. Notable votes included Jack L. Cockwell and Ivan Fecan, who received 99.990% support. The auditors, KPMG LLP, were appointed with 99.995% approval from 108,668,529 shares.
Rogers Communications Inc. has declared a quarterly dividend of 50 cents per share for its Class B Non-Voting and Class A Voting shares. The dividend will be paid on July 4, 2022, to shareholders who are on record as of June 10, 2022. This announcement reaffirms Rogers' commitment to distributing income to its shareholders. The company is a leading provider of communications and media services across Canada, publicly traded on both the Toronto Stock Exchange and the New York Stock Exchange.
Rogers Communications reported strong Q1 2022 results, with total service revenue rising 6% to CAD 3,196 million and adjusted EBITDA increasing 11% to CAD 1,539 million. The company added 66,000 net postpaid mobile phone subscribers, reducing churn to 0.71%. Full-year guidance has been raised, expecting service revenue growth of 6-8% and adjusted EBITDA growth of 8-10%. Free cash flow projections increased to between CAD 1.9 and 2.1 billion. The Shaw acquisition remains on schedule for Q2 2022, with regulatory approvals progressing.
Rogers Communications plans to release its Q1 2022 financial results on April 20, 2022, before North American markets open. Results will be disseminated via newswire and posted on investors.rogers.com. A teleconference to discuss results and outlook will start at 8:00 a.m. ET, accessible via webcast or by phone. Additionally, the company will hold its Annual General Meeting of Shareholders that day at 11:00 a.m. ET, which will also be virtual. For details, visit investors.rogers.com/corporate-governance/agm-materials.
Rogers Communications Inc. (RCI) has priced a private offering of senior notes totaling US$7.05 billion in US dollars and $4.25 billion in Canadian dollars. The offering consists of multiple series of senior notes, including 2.95% senior notes due 2025 and 5.25% senior notes due 2052. The net proceeds are expected to reach approximately US$6.95 billion and $4.22 billion, with funds allocated toward the cash consideration for the pending acquisition of Shaw Communications Inc. and associated expenses. The offerings are set to close on March 11, 2022.
Rogers Communications has filed its 2021 annual report with Canadian and U.S. securities regulators, featuring audited financial statements and management analysis. The report is accessible via the Canadian Securities Administrators and U.S. Securities and Exchange Commission websites, as well as Rogers’ Investor Relations page. Shareholders can request paper copies at no charge. The Annual General Meeting is scheduled for April 20, 2022, at 11:00 AM, and will be held virtually. Rogers continues to offer high-quality communication and media services across Canada.
Rogers Communications Inc. (RCI) has announced the pricing of a private offering of US$750 million 5.25% subordinated notes due 2082. The net proceeds, approximately US$740 million, will be used to repay certain senior notes and short-term borrowings related to the acquisition of 3500 MHz spectrum licenses in 2021. The offering is expected to close on February 11, 2022. The notes will not be registered under the Securities Act and are offered only to qualified institutional buyers and non-U.S. persons, complying with relevant regulations.
Rogers Communications reported solid operational improvements in Q4 2021, driven by a strong recovery in its Wireless segment, posting 141,000 new postpaid subscribers and a 6% rise in service revenue. Adjusted EBITDA grew 5% alongside a blended ARPU increase to $51.47. The Cable segment remained stable with 21,000 new broadband subscribers. Media revenue surged 26% due to live sports broadcasting. For 2022, revenue is expected to grow 4% to 6% and adjusted EBITDA 6% to 8%, with capital expenditures projected at $2.8 to $3.0 billion.
Rogers Communications is investing nearly $200 million to upgrade its network in New Brunswick, enhancing connectivity for approximately 314,000 homes and businesses in Dieppe, Moncton, Riverview, and Shediac. This upgrade will provide 100% pure fibre services, including Ignite Internet with speeds up to 1.5 Gbps, Ignite TV, and Ignite SmartStream. The initiative aims to deliver faster and more reliable service, supporting advanced technologies and contributing to community development through various connectivity programs.