Rogers Communications Inc. reported third-quarter 2026 revenue of $5.443 billion, up 2%, and total service revenue of $4.780 billion, up 1%, year over year. All dollar amounts are in Canadian dollars. Adjusted EBITDA was $2.535 billion, up 1%, while adjusted net income was $701 million, down 3%. Net income was $495 million versus $5.768 billion a year earlier; the prior-year result included a $5 billion non-cash gain from revaluing its existing MLSE interest and a $151 million gain on debt redemption.
Cash provided by operating activities rose 9% to $1.658 billion, and free cash flow increased 65% to $1.370 billion. On October 1, 2026, Rogers completed its $4.35 billion cash acquisition of MLSE’s remaining 25% interest, funded through short-term credit facilities, bringing its ownership to 100%. Rogers is pursuing a sale of a minority interest in its sports, media and entertainment assets by the first half of 2027, with proceeds expected to repay debt; any sale would require approval from the leagues governing its professional teams and is not guaranteed.
Rogers Communications Inc. declared a quarterly dividend of 50 cents per share on each outstanding Class A Voting share and Class B Non-Voting share. The dividend will be paid January 5, 2027, to shareholders of record on December 8, 2026. Future quarterly dividends are payable only when declared by the Board, and there is no entitlement to a dividend before it is declared.
Rogers Communications Inc. completed its acquisition of the remaining 25% ownership stake in Maple Leaf Sports & Entertainment (MLSE) from Kilmer Sports Inc. for C$4.35 billion, bringing Rogers’ ownership to 100%. MLSE includes the Toronto Maple Leafs, Toronto Raptors, Toronto FC, Toronto Argonauts, development teams affiliated with Toronto’s NHL and NBA franchises, Scotiabank Arena and its partnership with Live Nation.
Rogers said it will create Rogers Sports to bring together its sports, media and entertainment businesses, including MLSE and the Toronto Blue Jays. Its existing portfolio also includes Rogers Centre, Sportsnet, over 30 television networks and over 40 radio stations. Rogers said it will build an operating model for the new unit; during the interim, it remains business as usual. Keith Pelley remains MLSE’s president and CEO and takes on additional accountability for Rogers Media effective immediately; Mark Shapiro remains president and CEO of the Blue Jays.
Rogers Communications Inc. agreed to sell US$500,000,000 principal amount of 7.150% Fixed-to-Fixed Rate Subordinated Notes due 2057 (NC5 Notes) and US$500,000,000 principal amount of 7.400% Fixed-to-Fixed Rate Subordinated Notes due 2057 (NC10 Notes). The public offering price is 100.000% of principal for each series; the underwriters’ purchase price is 99.000%, plus accrued interest, if any. Settlement is scheduled for September 23, 2026.
The NC5 Notes bear interest at 7.150% per annum until January 31, 2032, then reset to the 5-Year Treasury Rate plus 2.539%, with a 7.150% floor. The NC10 Notes bear interest at 7.400% per annum until January 31, 2037, then reset to the 5-Year Treasury Rate plus 2.565%, with a 7.400% floor. Both series mature January 31, 2057, with interest payable semi-annually on January 31 and July 31 beginning January 31, 2027. Provided no event of default has occurred and is continuing, Rogers may elect to defer interest on either series for up to five consecutive years.
ROGERS COMMUNICATIONS INC. (RCI) is issuing two new series of Fixed-to-Fixed Rate Subordinated Notes: a public offering of US$1 billion notes in the United States and a Canadian private placement of Cdn$600 million notes. The offerings are expected to close on September 23, 2026, subject to customary closing conditions.
The company expects net proceeds of about US$990 million from the US notes and $595 million from the Canadian notes. RCI plans to use these proceeds to redeem or purchase in full or in part its existing 5.00% Fixed-to-Fixed Rate Subordinated Notes due 2081 and/or 5.25% Fixed-to-Fixed Rate Subordinated Notes due 2082, effectively refinancing part of its long‑dated subordinated debt.
FIL Limited and related entities report their holdings in Rogers Communications Inc. Class B Non-Voting Common Stock as of June 30, 2026. FIL Limited is shown with 18,096,332 shares with sole voting power and 19,215,744 shares with sole dispositive power.
Overall, the filing states that 19,215,744 Class B Non-Voting shares are beneficially owned, representing 4.5% of this class. Pandanus Partners, L.P. and Pandanus Associates, Inc. each have sole dispositive power over the same 19,215,744 shares but no voting power. The position is reported under the category “Ownership of 5 percent or less of a class.” One or more other persons may receive dividends or sale proceeds from these shares, but no other individual holder has more than 5% of the outstanding Class B Non-Voting stock.
Rogers Communications Inc. declared a Quarterly Dividend of 50 cents per share on each of its outstanding Class A Voting and Class B Non-Voting shares. The dividend is scheduled to be paid on October 2, 2026 to shareholders of record as of September 8, 2026.
The company notes that such quarterly dividends are only payable as and when declared by its Board of Directors, and there is no entitlement to any dividend before it is formally declared.
Rogers Communications Inc. reported second‑quarter 2026 revenue of $5,615 million, up 8%, and total service revenue of $5,055 million, also up 8%. Adjusted EBITDA rose 3% to $2,442 million, though the adjusted EBITDA margin declined 1.8 points to 43.5% as Media and Cable outpaced flat Wireless.
The company recorded a net loss of $665 million, driven by a $1,034 million non‑cash loss revaluing the MLSE put liability, while adjusted net income was stable at $633 million. Free cash flow increased 6% to $982 million as capital expenditures fell 16% to $695 million, even as Rogers continued 5G and fibre investments.
Rogers agreed to acquire the remaining 25% of MLSE for $4.35 billion in cash, to be funded with existing and new short‑term credit facilities and expected to close in the fourth quarter subject to league approvals; upon completion, it will own 100% of MLSE and then intends to sell a minority interest in its consolidated sports and entertainment assets, which it expects will unlock significant value. Available liquidity was $6.1 billion, the debt leverage ratio improved to 3.8, and a quarterly dividend of $0.50 per share was declared.
Rogers Communications Inc. has signed an agreement to buy the remaining 25% ownership stake in Maple Leaf Sports & Entertainment (MLSE) from Kilmer Sports Inc. for C$4.35 billion, which will increase Rogers’ ownership in MLSE to 100%.
Rogers plans to combine full ownership of MLSE with its existing assets, including the Toronto Blue Jays, Rogers Centre and Sportsnet, to create more integrated sports and entertainment offerings for fans and customers. The company highlights opportunities to invest in championship-calibre teams, enhance fan experiences, and create unique rewards and ticket access for Rogers customers.
Rogers intends to finance the purchase with its committed liquidity and has previously disclosed plans to sell a minority stake in its consolidated sports, media and entertainment assets over the next year. The deal is subject to league approvals, and Rogers expects the transaction to close in Q4 2026.
Rogers Communications Inc. reported a Schedule 13G/A disclosing that FIL Limited and related entities beneficially own 25,936,929 shares of Class B non-voting common stock, representing 6.0% of that class as reported on the form.
The filing lists 23,796,220 shares as sole voting power and 25,936,929 shares as sole dispositive power. The cover references an Exhibit 99 and a 13d-1(k) agreement; signatures show authorization dated 05/05/2026.