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.
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Rogers Communications reaffirmed its commitment to expand its presence in Quebec, emphasizing plans to retain Cogeco's headquarters and management team post-acquisition. The company aims to bolster its 5G network and enhance connectivity in rural areas, highlighting investments exceeding $2 billion in the province over the last decade. Rogers, marking 35 years in Quebec, currently employs about 3,000 people locally and serves nearly 2 million wireless customers. A recent study indicated Rogers' economic impact in Quebec at over $2.7 billion, supporting over 11,000 jobs.
Altice USA announced an offer to acquire 100% of Cogeco's shares, with plans to sell Cogeco's Canadian assets to Rogers Communications if the deal goes through. Altice claims the proposal offers a significant premium to Cogeco shareholders. However, Cogeco's board rejected the offer on the same day. Altice and Rogers have expressed their intent to engage further with Cogeco's shareholders and boards regarding the proposal, emphasizing its attractiveness.
Rogers Communications has announced an agreement with Altice USA to purchase Cogeco's Canadian assets for approximately $4.9 billion. This deal is contingent upon Altice USA's acquisition of Cogeco. Rogers, a long-term Cogeco shareholder, supports the Altice offer, which includes significant premiums for shareholders. The transaction aims to strengthen Rogers' market position and reach an additional 1.8 million homes and businesses. The net cash consideration for Rogers is estimated at $3.4 billion, financed through existing liquidity without the need for equity issues.
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Rogers Communications has launched its Step Up to the Plate initiative in Nova Scotia, delivering food hampers that will provide over 360,000 meals for local food banks and support more than 17,000 Nova Scotians. The initiative, which began in Toronto, aims to distribute 8 million meals nationwide by summer's end. Local Rogers employees are volunteering alongside Feed Nova Scotia to help organize and distribute these hampers. This effort reflects Rogers' commitment to community support as part of its 60th anniversary celebrations.
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