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 (TSX: RCI.A, RCI.B; NYSE: RCI) held its Annual General Meeting of Shareholders on April 23, 2025, where shareholders voted on key business items. The meeting saw strong participation with 97.67% of Class A Voting shares represented for director elections.
All 14 director nominees were successfully elected with overwhelming support, each receiving over 99.96% of votes in favor. Notable directors elected include Edward S. Rogers, Tony Staffieri, and Bradley S. Shaw.
Additionally, shareholders approved the appointment of KPMG LLP as the Company's auditors with 99.994% of votes in favor, based on a 97.70% turnout of Class A Voting shares.
Rogers Communications (TSX: RCI.A and RCI.B, NYSE: RCI) has announced a quarterly dividend of 50 cents per share on its Class B Non-Voting shares and Class A Voting shares. The dividend will be paid on July 3, 2025 to shareholders of record as of June 9, 2025.
The company has updated its Dividend Reinvestment Plan, announcing that additional Class B Shares will be purchased on the open market with no discount. This marks a change as the Plan previously allowed for potential discounts when shares were issued from treasury.
Rogers Communications (TSX: RCI.A, RCI.B; NYSE: RCI) reported positive Q1 2025 financial results with 2% growth in both total service revenue ($4,447M) and adjusted EBITDA ($2,254M). The company achieved a consolidated adjusted EBITDA margin of 45% and net income increased 9% to $280M.
Key operational highlights include 57,000 combined mobile phone and Internet net additions, with mobile phone ARPU at $56.94. Media revenue surged 24% to $596M, boosted by a new 12-year NHL rights agreement. The company announced a significant $7 billion minority equity investment from Blackstone, expected to reduce debt leverage ratio from 5.2x to 3.6x.
Rogers maintained strong liquidity of $7.5B and generated free cash flow of $586M. The company removed the discount on dividend reinvestment plan shares and declared a $0.50 per share dividend.
Rogers Communications (TSX: RCI.A, RCI.B; NYSE: RCI) has successfully received the required consents to amend indentures governing multiple series of senior notes. The amendments aim to clarify that the company's planned subsidiary equity investment is permitted and doesn't constitute a default under applicable indentures.
The consent solicitations expired on April 15, 2025, at 5:00 p.m. ET. Rogers will execute supplemental indentures for each series of notes, with consent fees to be paid upon the subsidiary equity investment's consummation, expected in Q2 2025.
The amendments cover both US and Canadian dollar-denominated notes, including those originally issued by Shaw Communications. The changes will align certain non-financial terms of Shaw Notes with other Canadian dollar-denominated Rogers notes.
Rogers Communications (TSX: RCI.A, RCI.B; NYSE: RCI) has initiated consent solicitations to amend indentures governing various US and Canadian dollar-denominated notes, including those originally issued by Shaw Communications. This move relates to a newly announced subsidiary equity investment partnership with Blackstone.
The company plans to use the proceeds primarily for debt repayment. While Rogers believes the subsidiary equity investment doesn't constitute debt by the indentures, they are seeking noteholder consent to clarify this interpretation. The investment will be reported as equity in Rogers' consolidated statements and is expected to receive equity treatment from major rating agencies.
The consent solicitations expire on April 15, 2025, with holders of record as of April 3, 2025, eligible to participate. Consenting holders will receive US$1.00 or CAD$1.00 per $1,000 principal amount, depending on the note denomination.
Rogers Communications (TSX: RCI.A, RCI.B; NYSE: RCI) has secured a CDN$7 billion equity investment through a definitive agreement with Blackstone and leading Canadian institutional investors. The deal involves Blackstone acquiring a 49.9% equity stake (20% voting interest) in a new Canadian subsidiary that will own a portion of Rogers' wireless network, while Rogers maintains 50.1% equity (80% voting interest) and full operational control.
The transaction, expected to close in Q2 2025, will strengthen Rogers' balance sheet by reducing debt leverage ratio by 0.7x. The subsidiary is projected to distribute approximately CDN$0.4 billion annually to Blackstone in the first five years post-closing, with Rogers' average capital cost expected at 7% per annum through the purchase period. Rogers will have the right to purchase Blackstone's interest between the eighth and twelfth anniversaries of closing.
Rogers Communications and the NHL have announced a monumental $11 billion CDN national media rights agreement spanning 12 years through the 2037-38 season. The deal, starting in 2026-27, extends their strategic partnership beyond two decades.
The new agreement provides national rights across all platforms including TV, digital, and streaming for all national regular season games, playoff games, Stanley Cup Final, and special events in all languages. Notably, fans will benefit from increased access to live national games and reduced regional blackouts.
The deal includes out-of-market rights for all regional games and exclusive category sponsorship for NHL events in Canada. Rogers maintains the option for strategic sub-licensing, including national French-language rights and a single-night exclusive national package.
Rogers Communications (TSX: RCI.A and RCI.B, NYSE: RCI) has announced it will release its first quarter 2025 financial results on Wednesday, April 23, 2025, before North American markets open. The company will host a quarterly teleconference with the investment community at 8:00 a.m. ET to discuss results and outlook.
Investors can access the teleconference through:
- Live webcast at investors.rogers.com
- Dial-in: 416-639-5883 (North America toll-free: 1-844-282-4459)
- Passcode: 3793238#
The company will also hold its Annual General Meeting of Shareholders on the same day at 11:00 a.m. ET as a hybrid meeting, both in-person at 333 Bloor Street East, Toronto, and online via webcast.
Rogers Communications (TSX: RCI.A and RCI.B; NYSE: RCI) has filed its 2024 annual report with securities regulators in Canada and the United States. The report includes the company's audited annual consolidated financial statements and management's discussion and analysis (MD&A).
Notable in this year's filing is the integration of Rogers' 2024 sustainability and social impact disclosure directly into the MD&A, demonstrating the company's commitment to incorporating sustainability and social impact principles into its business operations.
The annual report is accessible through SEDAR+, EDGAR, and Rogers' Investor Relations website. Physical copies can be requested at no cost via email or phone.
Rogers Communications (RCI) has announced the pricing of two major debt offerings: a US$2.1 billion U.S. public offering and a Cdn$1.0 billion Canadian private placement of fixed-to-fixed rate subordinated notes, both due 2055. The U.S. offering consists of US$1.1 billion at 7.0% and US$1.0 billion at 7.125%. The Canadian notes carry a 5.625% rate.
The net proceeds, approximately US$2.07 billion and Cdn$989 million respectively, will be used to repay existing debt and/or fund the acquisition of BCE Inc.'s indirect ownership stake in Maple Leaf Sports & Entertainment. Both offerings are expected to close on February 12, 2025.
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