Rogers Communications Inc. operates as a communications and media company in Canada. It operates through three segments: Wireless, Cable, and Media. The company offers mobile Internet access, wireless voice and enhanced voice, device and accessory financing, wireless home phone, device protection, text messaging, e-mail, global voice and data roaming, bridging landline, machine-to-machine and Internet of Things solutions, and advanced wireless solutions for businesses, as well as device delivery services; and postpaid and prepaid services under the Rogers, Fido, and chatr brands to approximately 10.9 million subscribers. It also provides Internet and WiFi services; smart home monitoring services, such as monitoring, security, automation, energy efficiency, and smart control through a smartphone app. In addition, the company offers local and network TV; on-demand television; cloud-based digital video recorders; voice-activated remote controls, and integrated apps; personal video recorders; linear and time-shifted programming; digital specialty channels; 4K television programming; and televised content on smartphones, tablets, and personal computers, as well as operates Ignite TV and Ignite TV app. Further, it provides residential and small business local telephony services; calling features, such as voicemail, call waiting, and long distance; voice, data networking, Internet protocol, and Ethernet services; private networking, Internet, IP voice, and cloud solutions; optical wave and multi-protocol label switching services; IT and network technologies; and cable access network services. The company also owns Toronto Blue Jays and the Rogers Centre event venue; and operates Sportsnet ONE, Sportsnet 360, Sportsnet World, Citytv, OMNI, FX (Canada), FXX (Canada), and OLN television networks, as well as 55 AM and FM radio stations. Rogers Communications Inc. was founded in 1960 and is headquartered in Toronto, Canada.
IPO Year:
Exchange: NYSE
Website: rogers.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/1/2025 | Sector Outperform → Sector Perform | Scotiabank | |
| 1/22/2025 | Overweight → Equal Weight | Barclays | |
| 1/14/2025 | Buy → Neutral | BofA Securities | |
| 12/16/2024 | Underweight | Morgan Stanley | |
| 7/25/2024 | Buy → Hold | Canaccord Genuity | |
| 11/10/2023 | Hold → Buy | Desjardins | |
| 9/15/2023 | Sector Perform → Outperform | RBC Capital Mkts | |
| 5/8/2023 | $55.00 | Overweight | Barclays |
| 4/3/2023 | Buy → Hold | Desjardins | |
| 2/6/2023 | Neutral → Buy | UBS |
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SC 13G/A - ROGERS COMMUNICATIONS INC (0000733099) (Subject)
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6-K - ROGERS COMMUNICATIONS INC (0000733099) (Filer)
6-K - ROGERS COMMUNICATIONS INC (0000733099) (Filer)
Scotiabank downgraded Rogers Comms from Sector Outperform to Sector Perform
Barclays downgraded Rogers Comms from Overweight to Equal Weight
BofA Securities downgraded Rogers Comms from Buy to Neutral
Morgan Stanley resumed coverage of Rogers Comms with a rating of Underweight
Canaccord Genuity downgraded Rogers Comms from Buy to Hold
Desjardins upgraded Rogers Comms from Hold to Buy
RBC Capital Mkts upgraded Rogers Comms from Sector Perform to Outperform
Barclays resumed coverage of Rogers Comms with a rating of Overweight and set a new price target of $55.00
Desjardins downgraded Rogers Comms from Buy to Hold
UBS upgraded Rogers Comms from Neutral to Buy
TORONTO, April 04, 2025 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX:RCI, 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 equ
Proceeds will be used to repay debt Expects debt leverage ratio to be reduced by 0.7x following the close of the transaction Rogers will maintain full operational control of its wireless network TORONTO, April 04, 2025 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX:RCI, NYSE:RCI) today announced it has entered into a definitive agreement with funds managed by Blackstone, backed by leading Canadian institutional investors, for a CDN$7 billion equity investment. Under the terms of the transaction, Blackstone will acquire a non-controlling interest in a new Canadian subsidiary of Rogers that will own a minor part of Rogers wireless network. Rogers will maintain full operational contr
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, April 02, 2025 (GLOBE NEWSWIRE) -- Rogers Communications and the National Hockey League (NHL) today announced a 12-year agreement for the national media rights to NHL games on all platforms in Canada through the 2037-38 season. The $11 billion CDN agreement starts in 2026-27 following the conclusion of the current landmark 12-year deal, extending the strategic partnership to over two decades. "The NHL has been a terrific partner for over a decade, and we're proud to continue our partnership and bring more gr
TORONTO, March 25, 2025 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX:RCI) (NYSE:RCI) plans to release its first quarter 2025 financial results on Wednesday, April 23, 2025, 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. A live webcast of the teleconference will be available on the Investor Relations section of Rogers' website at investors.rogers.com. Alternatively, the teleconference can be accessed by dialing 416-639-5883 (1-844-282-4459 toll free for North America)
TORONTO, March 13, 2025 (GLOBE NEWSWIRE) -- Rogers Communications announced today that it has been named the most reliable internet in Canada by Opensignal, the leading global provider of independent network experience insights and market performance. "We are committed to bringing Canadians the best communications and entertainment experiences," said Bret Leech, President, Residential, Rogers. "This back-to-back recognition from Opensignal highlights our efforts to bring our customers the most reliable internet with Rogers Xfinity – it's internet that's ready for everything." The Opensignal report shows that in Canada, Rogers wins for overall reliability experience, consistent quality a
Includes Annual Financial Statements, MD&A and 2024 Sustainability and Social Impact Disclosure TORONTO, March 06, 2025 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX:RCI, NYSE:RCI) ("Rogers") today announced the filing with securities regulators in Canada and the U.S. of its 2024 annual report to shareholders. The annual report to shareholders includes Rogers' 2024 audited annual consolidated financial statements and the accompanying management's discussion and analysis (MD&A). Rogers' 2024 sustainability and social impact disclosure has been embedded into our MD&A this year, showing our ongoing commitment to integrate sustainability and social impact principles into how we do busi
TORONTO, Feb. 20, 2025 (GLOBE NEWSWIRE) -- The final game of the NHL's 4 Nations Face-Off airs tonight and Canadians are gearing up for a battle that transcends hockey. A new Rogers survey shows the matchup is more than just a hockey game. More than three-quarters (78%) of Canadians believe hockey is core to Canada's national identity and 75% say that Canada's national pride is deeply intertwined with the sport. Roughly 60% of Canadians aware of the tournament say a Canada victory would be even more meaningful given the threats to Canada's economy and economic sovereignty. And four in 10 say a victory will increase their pride in Canada. Tonight, Canada and the United States will face of
TORONTO, Feb. 19, 2025 (GLOBE NEWSWIRE) -- Rogers Communications announced today that it has been awarded Canada's most reliable wireless network by Opensignal, a global leader in independent network benchmarking. "We continually invest in Canada's largest wholly owned 5G network so Canadians can connect when and where they want," said Mark Kennedy, Chief Technology Officer, Rogers. "We're proud to be recognized by Opensignal as Canada's most reliable wireless network." Opensignal's study shows that in Canada Rogers holds the top spot for reliability and quality in wireless networks. Rogers also won on 5G Upload Speed and 5G Video Experience, making Rogers the most awarded network by
Proceeds from 50/50 Raffle to Help Make Hockey More Accessible in QuebecRogers, NHL, and NHLPA Jointly Contribute First $50,000 to 50/50 JackpotRaffle Open to All Adults in Quebec from February 11 to 15 MONTREAL, Feb. 11, 2025 (GLOBE NEWSWIRE) -- Rogers Communications, the National Hockey League (NHL), and the National Hockey League Players' Association (NHLPA) today announced the launch of the 4 Nations Face-Off 50/50 presented by Rogers. Cumulative proceeds from the raffle will benefit Sun Youth, a Montreal-based organization dedicated to supporting children and families in need. Rogers, the NHL, and the NHLPA have kickstarted the 50/50 jackpot with a joint $50,000 contribution, encour
TORONTO, Feb. 10, 2025 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX:RCI) (NYSE:RCI) ("RCI") announced today that it has priced: a U.S. public offering of two series of US dollar denominated fixed-to-fixed rate subordinated notes with an aggregate principal amount of US$2.1 billion, consisting of US$1.1 billion of 7.0% fixed-to-fixed rate subordinated notes due 2055 and US$1.0 billion of 7.125% fixed-to-fixed rate subordinated notes due 2055 (collectively the "US Notes"), anda Canadian private placement of $1.0 billion of 5.625% fixed-to-fixed rate subordinated notes due 2055 (the "Cdn Notes" and, together with the US Notes, the "Notes"). The net proceeds from the issuance of the U
MARKHAM, ON, Dec. 2, 2024 /CNW/ - Xplore Inc., a leading provider of high-speed broadband services in rural communities across Canada, today announced the appointment of Brent Johnston as its new Chief Executive Officer (CEO), effective immediately. Geoff Lowe, Xplore's Chief Financial Officer (CFO), who recently has also served as Interim CEO, has been promoted to President & Chief Financial Officer. Johnston brings deep experience in the Canadian telecommunications industry. He previously served as President of Wireless Services, Rogers Communications ((TSX, NYSE:RCI), and s
TORONTO, April 24, 2024 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX:RCI) (NYSE:RCI) ("Company"), in accordance with Toronto Stock Exchange requirements, announced the voting results from its Annual and Special Meeting of Shareholders (meeting) held earlier today. Shareholders voted for all items of business put forth at today's meeting, those being the election of the director nominees, the appointment of KPMG LLP as the Company's auditors and the adoption of the Directors' Restricted Share Unit Plan. A total of 108,987,262 Class A Voting shares, representing approximately 98.05% of the Company's issued and outstanding Class A Voting shares, were voted in connection with the elect
VANCOUVER, British Columbia, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Rogers Communications Inc. announced today it is the proud presenting sponsor of Taylor Swift | The Eras Tour in Vancouver. Swift will be performing on December 6, 7 and 8, 2024, at BC Place and the company will be giving away premium seats for fans across Canada. "We couldn't be more excited to be a part of bringing Taylor Swift | The Eras Tour to Vancouver, giving fans the experience of a lifetime," said Terrie Tweddle, Chief Brand and Communications Officer, Rogers. "Rogers is all about connecting Canadians and bringing them the best content and best experiences, and Taylor is simply the best." In addition to Vancouver, R
TORONTO, April 26, 2023 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (Company), a leading diversified Canadian communications and media company, in accordance with Toronto Stock Exchange requirements, announced the voting results from its Annual General Meeting of Shareholders (meeting) held earlier today. Shareholders voted in favour of all items of business put forth at the meeting, including the appointment of KPMG LLP as its outside auditors and the election of all director nominees. A total of 108,903,135 Class A Voting shares representing 97.98% of the Company's issued and outstanding Class A Voting stock were voted in connection with the election of directors. DirectorResults% of
Announces Appointment of New Directors and Formation of Advisory Committee Thunderbird Entertainment Group Inc. (TSXV:TBRD, OTC – THBRF))) ("Thunderbird" or the "Company") announced today that it has entered into a cooperation agreement (the "Cooperation Agreement") with Voss Capital LLC ("Voss"), which, together with its affiliates, owns approximately 13.3% of the outstanding common shares of Thunderbird and is its largest shareholder. The Cooperation Agreement includes the appointment of two new independent directors put forward by Voss, Asha Daniere and Mark Trachuk (the "Appointees") to the Board of Directors of Thunderbird (the "Board") effective immediately, as well as the nominatio
TORONTO, April 20, 2022 (GLOBE NEWSWIRE) -- Rogers Communications Inc., a leading diversified Canadian communications and media company, in accordance with Toronto Stock Exchange requirements, announced the voting results from its Annual General Meeting of Shareholders held earlier today. Shareholders voted in favour of all items of business put forth at the meeting, including the appointment of KPMG LLP as its outside auditors and the election of all director nominees. A total of 108,640,213 Class A Voting shares representing 97.74% of the Company's issued and outstanding Class A Voting stock were voted in connection with the election of directors. DirectorResults% of Shares Voted For%
Strong execution delivers solid operational improvements led by Wireless recoveryWireless postpaid net subscriber additions includes phone additions of 141,000; Wireless service revenue growth of 6% and adjusted EBITDA up 5% Blended ARPU1 of $51.47 up 3%; improved Q4 postpaid churn by 4 basis points to 1.15% Stable financial results in Cable; Internet net subscriber additions include 21,000 net new retail broadband subscribersMedia revenue growth up 26% reflects the return of live sports broadcasting advertisingFull-year 2022 guidance2 pre-Shaw transaction reflects improving economy, greater focus on execution, and accelerating investments in 5G and network expansion Total servic
TORONTO, Jan. 10, 2022 (GLOBE NEWSWIRE) -- Rogers Communications announced today that Tony Staffieri has been appointed President and CEO of the company effective immediately. The appointment follows a search by the Rogers Board of Directors that commenced on November 16, 2021 when Mr. Staffieri was appointed interim CEO. Mr. Staffieri has also been appointed to the Board of Directors. "The appointment of Tony as President and CEO puts Rogers in a strong position as we prepare for the closing and integration of the Shaw transaction in the first half of 2022," said Edward Rogers, Chairman of the Board. "This is a pivotal point in the company's history and the Board has full confidence in T
VANCOUVER, British Columbia, Jan. 06, 2022 (GLOBE NEWSWIRE) -- ESE Entertainment Inc. (TSXV:ESE) (OTCQB:ENTEF) (the "Company" or "ESE"), is a Europe based entertainment and technology company focused on gaming, particularly on esports. The Company provides a range of services to leading video game developers, publishers, and brands by providing technology, infrastructure, and fan engagement services internationally. To help new and existing investors better understand existing operations and future objectives, ESE Chief Executive Officer, Konrad Wasiela, is pleased to provide the following corporate update. Mr. Wasiela stated, "As we start executing our 2022 plans, I would like to take t
Joe Natale to leave Rogers effective November 16, 2021 Appointment of Tony Staffieri as Interim President and CEO will leverage his extensive industry experience and integration track record Shaw transaction continues to move forward as previously expected TORONTO, Nov. 16, 2021 (GLOBE NEWSWIRE) -- Rogers Communications announced that Joe Natale has left his role as President and CEO of the company effective today. Tony Staffieri has been appointed Interim President and CEO. "On behalf of the Rogers family, the Board and our 24,000 team members across the country, I thank Joe for his leadership and contributions to our company, including paving the way for our future together with Sha
Rogers tops $20 billion in annual revenue in 2024 as more Canadians choose Rogers Wireless and Internet than any other carrier in Canada Led all Canadian carriers with combined mobile phone and Internet net additions of 623,000 in 2024Delivered service revenue growth of 7% and adjusted EBITDA growth of 12%; over $3 billion in free cash flow1 and $4 billion in capital expenditures in Canadian economy in 2024 Q4 caps our third straight year of delivering industry-leading financial and operating performance led by continued disciplined loading and efficiency gains Wireless service revenue up 2% and adjusted EBITDA up 6% Net postpaid and prepaid phone additions of 95,000Margin u
TORONTO, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX:RCI) (NYSE:RCI) ("Rogers") announced that its Board of Directors (the "Board") declared a quarterly dividend totaling 50 cents per share (the "Quarterly Dividend") on each of its outstanding Class B Non-Voting shares ("Class B Shares") and Class A Voting shares. The declared Quarterly Dividend will be paid on April 2, 2025 to shareholders of record on March 10, 2025. Such quarterly dividends are only payable as and when declared by the Board and there is no entitlement to any dividend prior thereto. Shareholders may elect to have cash dividends on their shares reinvested in additional Class B Shares in
More Canadians continue to choose Rogers Wireless and Internet than any other carrier in Canada Combined mobile phone and Internet net additions of 227,000 in Q3 and 502,000 for the year to dateQ3 postpaid mobile phone net additions of 101,000; prepaid net additions of 93,000; retail Internet net additions of 33,000Rogers has added industry-best 1.9 million mobile phone and Internet net additions over the past 11 quarters Continued disciplined loading, strong execution, efficiency gains, industry-leading financial performance, and industry-best margins Wireless service revenue up 2% and adjusted EBITDA up 5%; margin up 220 basis points to 66%; blended ARPU stableCable revenue down 1%; adj
TORONTO, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX:RCI) (NYSE:RCI) ("Rogers") announced that its Board of Directors (the "Board") declared a quarterly dividend totaling 50 cents per share (the "Quarterly Dividend") on each of its outstanding Class B Non-Voting shares ("Class B Shares") and Class A Voting shares. The declared Quarterly Dividend will be paid on January 3, 2025 to shareholders of record on December 9, 2024. Such quarterly dividends are only payable as and when declared by the Board and there is no entitlement to any dividend prior thereto. Shareholders may elect to have cash dividends on their shares reinvested in additional Class B Shares in accorda
More Canadians continue to choose Rogers Wireless and Internet than any other carrier in Canada Rogers' combined mobile phone and Internet net additions of 188,000 in Q2 and 275,000 for the year to dateQ2 postpaid mobile phone net additions of 112,000; prepaid net additions of 50,000; retail Internet net additions of 26,000Rogers has added industry-best 1.7 million mobile phone and Internet net additions over the past 10 quarters Continued disciplined loading, strong execution, efficiency gains, and industry-leading financial performance Wireless service revenue up 4% and adjusted EBITDA up 6%; margin of 65%; blended ARPU up 1%Cable revenue down 2%; adjusted EBITDA up 9%; margin of 57%Lev
TORONTO, July 24, 2024 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX:RCI) (NYSE:RCI) ("Rogers") announced that a quarterly dividend totaling 50 cents per share (the "Quarterly Dividend") has been declared on each of its outstanding Class B Non-Voting shares ("Class B Shares") and Class A Voting shares. The declared Quarterly Dividend will be paid on October 3, 2024 to shareholders of record on September 9, 2024. Such quarterly dividends are only payable as and when declared by Rogers' Board and there is no entitlement to any dividend prior thereto. Shareholders may elect to have cash dividends on their shares reinvested in additional Class B Shares in accordance with Rogers' Amende
Reports nine straight quarters of industry-leading growthReaffirms industry-leading 2024 financial guidance More Canadians continue to choose Rogers over any other carrier 124,000 postpaid mobile phone and retail Internet net addsPostpaid mobile phone net adds of 98,000, up 3,000Retail Internet net adds of 26,000, up 12,000 Delivers industry-leading growth in Cable and Wireless Total service revenue up 31%; adjusted EBITDA up 34%Wireless service revenue and adjusted EBITDA up 9% Wireless blended ARPU up 1%; up 3% on a pro forma basis (for Shaw Mobile) Cable service revenue up 94%; adjusted EBITDA up 97% Exceeding Shaw merger commitments $1 bi
TORONTO, April 24, 2024 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX:RCI) (NYSE:RCI) ("Rogers") announced that its Board of Directors declared a quarterly dividend totaling 50 cents per share (the "Quarterly Dividend") on each of its outstanding Class B Non-Voting shares ("Class B Shares") and Class A Voting shares. The Quarterly Dividend will be paid on July 5, 2024 to shareholders of record on June 10, 2024. Quarterly dividends are only payable as and when declared by Rogers' Board and there is no entitlement to any dividend prior thereto. Shareholders may elect to have cash dividends on their shares reinvested in additional Class B Shares in accordance with Rogers' Amended and
– New ownership group backed by elite international curlers to invest in growing the sport – – Sportsnet remains exclusive broadcaster in Canada – TORONTO, April 9, 2024 /PRNewswire/ - The Curling Group and Sportsnet today announced an agreement for The Curling Group to assume ownership and operations of the Grand Slam of Curling after the conclusion of this season, with Sportsnet continuing as the exclusive Canadian broadcaster of the series. The Curling Group is a new sports business venture led by sports, media, and entertainment industry veterans Nic Sulsky and Mike Cotto
Rogers reports record 2023 results driven by strong execution on Shaw acquisition combined with industry-leading performance as more Canadians are choosing Rogers than any other carrier for second straight year Rogers delivers industry-leading 2023 financial results led by strong execution by entire team Service revenue of $16.8 billion, up 27%Adjusted EBITDA1 of $8.6 billion, up 34%Free cash flow1 of $2.4 billion, up 36%2023 postpaid mobile phone nets adds of 674,000, up 24%Ended year with 11.6 million wireless customers and 4.2 million retail Internet customers from coast to coast Q4 results reflect industry-leading growth in Wireless and Cable operations Total service revenue up 30%;