Rogers Communications

Chatr is a Canadian mobile virtual network operator owned by Rogers Communications targeting entry-level customers. It is one of three wireless brands owned by Rogers Communications, including Rogers Wireless, and Fido Solutions. The provider launched its service in Toronto, Ottawa, Calgary, Edmonton, Vancouver, Quebec City, and Montréal under the name Chatr Wireless on July 28, 2010. The company re-branded to its current name in 2015. The carrier initially launched by limiting plan features to only specific regions of Rogers' network, dubbed "chatr zones". The company now offers coverage for most urban areas of Canada, and additional plans for certain cities.

Chatr

Fido Solutions is a Canadian cellular telephone service provider owned by Rogers Communications. Although Fido's parent company, Rogers Communications, also operates another cellular service Rogers Wireless, Fido remains a separate entity and retains its own retail chain, customer service call centres, network servers and CEO. Fido pioneered the concept of providing unlimited service in select Canadian cities. Fido was the first carrier in Canada to launch a GSM-based network and the first wireless service provider in North America to offer General Packet Radio Service on its network.

Fido Solutions

Rogers Communications, Inc. engages in the provision of wireless communications services. It operates through the following segments: Wireless, Cable, and Media. The Wireless segment refers to wireless telecommunications operations for Canadian consumers and businesses. The Cable segment includes Internet, television, telephony, and smart home monitoring services. The Media segment consists of a portfolio of media properties such as sports media and entertainment; television and radio broadcasting; specialty channels; multi-platform shopping; and digital media. The company was founded by Edward Samuel Rogers, Jr. in 1960 and is headquartered in Toronto, Canada.

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Rogers is set to expand its Media portfolio with Bell stake buyout in MLSE.

RCI to Gain MLSE's Majority Control: How Should You Play the Stock?

TORONTO, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Earlier today, Rogers announced it has signed an agreement to buy Bell's 37.5% ownership stake in Maple Leaf Sports & Entertainment (MLSE) for C$4.7 billion.

Tony Staffieri and Edward Rogers discuss MLSE deal with Ron MacLean

Rogers has purchased Bell's stake in Maple Leaf Sports & Entertainment for $4.7 billion, making it the company's majority owner. Rogers and Bell jointly purchased a 75% stake in MLSE, which owns the Toronto Maple Leafs and the Toronto Raptors, in August 2012.

Rogers buys Bell's stake in Maple Leaf Sports & Entertainment for $4.7B

In a significant move that reshapes the Canadian sports and entertainment landscape, Rogers Communications has purchased Bell's 37.5% stake in Maple Leaf Sports & Entertainment (MLSE) for $4.7 billion. This strategic acquisition elevates Rogers' ownership of MLSE to 75%, reinforcing its dominance in Canada's sports sector and expanding its influence in the media industry.

Rogers acquires Bell's 37.5% stake in MLSE for $4.7 billion, raising ownership to 75%

Signs agreement to buy out Bell's 37.5% ownership stake in MLSE Will invest to bring championships to Canada Sportsnet will continue to broadcast 50% of Maple Leafs regional games and 50% of Raptors games controlled by MLSE TORONTO, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX: RCI.A and RCI.B) (NYSE: RCI) (“Rogers”) today announced it has signed an agreement to buy Bell's 37.5% ownership stake in Maple Leaf Sports & Entertainment (MLSE) for C$4.7 billion.

Rogers to Become Majority Owner of Maple Leaf Sports & Entertainment

Dublin, Sept. 16, 2024 (GLOBE NEWSWIRE) -- The "Canada Telecom Operators Country Intelligence Report" report has been added to ResearchAndMarkets.com's offering. This report provides an executive-level overview of the telecommunications market in Canada today, with detailed forecasts of key indicators up to 2028. Published annually, the report provides detailed analysis of the near-term opportunities, competitive dynamics, and evolution of demand by service type and technology/platform across the fixed telephony, broadband, mobile, and pay-TV markets, as well as a review of key regulatory trends. Total telecom and pay-TV service revenue in Canada will increase at a CAGR of 2.8%, supported by strong growth in mobile data revenue, and marginal growth in fixed broadband and pay-TV revenue. Mobile data service revenue will grow at a five-year CAGR of 8.2%, by growing mobile subscriptions and high ARPU levels sustained by more demand of high-speed data and 5G adoption. Fixed broadband revenues will also grow during the 2023-2028 period at a CAGR of 3%, driven by growth in fixed broadband subscriptions broadband expansion initiatives like the Universal Broadband Fund. The report provides in-depth analysis of the following:

Telecom Operators in Canada, 2024 Intelligence Report: Mobile, Fixed, and Pay-TV Services - Rogers Wireless Lead Mobile Subscriptions, Followed by Bell Canada and Telus

The iPhone 16 lineup is available to pre-order starting on Friday, September 13, and Apple Watch Series 10, Apple Watch Ultra 2 in black titanium, and AirPods 4 are available to pre-order starting today The iPhone 16 lineup is available to pre-order starting on Friday, September 13, and Apple Watch Series 10, Apple Watch Ultra 2 in black titanium, and AirPods 4 are available to pre-order starting today

Rogers to Offer All-New iPhone 16, iPhone 16 Plus, iPhone 16 Pro, iPhone 16 Pro Max, Apple Watch Series 10, Apple Watch Ultra 2 in Black Titanium, and AirPods 4

New partnership with Nova Credit makes transition to Canada easier Newcomers can finance a new smartphone and build credit in Canada TORONTO, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Rogers Communications announced a new partnership with Nova Credit, a cross-border credit bureau, to help newcomers to Canada build credit and finance a new smartphone, making their transition easier. The collaboration enables Rogers to offer newcomers maximum credit by considering their international credit history when applying for a Rogers Red credit card, helping them establish a strong financial foundation in Canada.

Rogers Welcomes Newcomers with International Credit Recognition

Rogers Communication (RCI) reported earnings 30 days ago. What's next for the stock?

Rogers Communication (RCI) Up 8.8% Since Last Earnings Report: Can It Continue?

TORONTO, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Rogers Board of Directors today appointed Edward Rogers Executive Chair of Rogers Communications effective immediately.

Edward Rogers appointed Executive Chair of Rogers Communications

Rogers Communication (RCI) collaborates with SenseNet to introduce wildfire detection to 10 communities in Canada.

Rogers Communication (RCI), SenseNet Tie Up for New Technology

National network technology solution to help combat climate change-related events in Canada National network technology solution to help combat climate change-related events in Canada

Rogers and SenseNet Partner to Introduce Wildfire Detection Technology

Rogers Communications' (RCI) second-quarter 2024 results reflect a decline in Cable revenues.

Rogers Communications (RCI) Q2 Earnings Beat, Revenues Fall Y/Y

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

Why Rogers Communication (RCI) is a Top Growth Stock for the Long-Term

Rogers Communications Inc. (NYSE:RCI ) Q2 2024 Earnings Conference Call July 24, 2024 8:00 AM ET Company Participants David Naccarato - Director of IR Anthony Staffieri - President and CEO Glenn Brandt - CFO Conference Call Participants Drew McReynolds - RBC Vince Valentini - TD Cowen Maher Yaghi - Scotiabank Matthew Griffiths - Bank of America Stephanie Price - CIBC Tim Casey - BMO Batya Levi - UBS Jerome Dubreuil - Desjardins Aravinda Galappatthige - Canaccord Genuity David McFadgen - Cormark Securities Operator Thank you for standing by. This is the conference operator.

Rogers Communications Inc. (RCI) Q2 2024 Earnings Call Transcript

The headline numbers for Rogers Communication (RCI) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Here's What Key Metrics Tell Us About Rogers Communication (RCI) Q2 Earnings

Rogers Communication (RCI) came out with quarterly earnings of $0.85 per share, beating the Zacks Consensus Estimate of $0.83 per share. This compares to earnings of $0.76 per share a year ago.

Rogers Communication (RCI) Q2 Earnings Surpass Estimates

Canada's Rogers Communications beat analysts' estimates for quarterly wireless subscriber additions on Wednesday, helped by steady demand for its mobile plans.

Rogers Communications' second-quarter subscriber additions beat on steady demand

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 date Q2 postpaid mobile phone net additions of 112,000; prepaid net additions of 50,000; retail Internet net additions of 26,000 Rogers 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% Leverage steady at 4.7 despite Q2 investment in Canada of $1 billion in capital expenditures and $475 million payment for spectrum licences to federal government in the first half ($380 million in Q2); targeting 4.2 leverage by year-end Company reaffirms 2024 outlook Total service revenue growth of 8% to 10%; adjusted EBITDA growth of 12% to 15%; capital expenditures of $3.8 billion to $4.0 billion; and free cash flow of $2.9 billion to $3.1 billion TORONTO, July 24, 2024 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX: RCI.A and RCI.B; NYSE: RCI) today announced its unaudited financial and operating results for the second quarter ended June 30, 2024. "We continued to deliver industry-leading financial results in the second quarter and attract more Canadians than any other carrier," said Tony Staffieri, President and CEO.

Rogers Communications Reports Second Quarter 2024 Results

Rogers Communication (RCI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why Rogers Communication (RCI) is Poised to Beat Earnings Estimates Again

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Rogers Communication (RCI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Rogers Communication (RCI) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

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Zacks Cable Television industry participants like CMCSA, CHTR, RCI and LBTYA are benefiting from growing demand for high-speed Internet and increased media consumption amid cord-cutting.

4 Stocks to Watch From a Prospering Cable Television Industry

TORONTO, July 04, 2024 (GLOBE NEWSWIRE) -- Rogers Communications announced today that it has been named the fastest and most reliable internet in Canada by Opensignal, the global leader in independent network benchmarking. The report finds that Rogers consistently delivers the most reliable experience, the fastest overall download speeds, and the best streaming experience in Canada.

Rogers awarded Canada's fastest and most reliable internet

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News for Rogers Communications Stock (RCI)