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Rogers and Shaw set to merge for $21 billion

2021-03-16 01:00:00| Total Telecom industry news

Yesterday, Rogers Communications agreed to buy its rival, Shaw Communications, for around $21 billion including debt. The deal would see the Canadian telecoms market reduced from four major players to three, with both companies suggesting that their combination would allow the resulting business to rollout 5G at a much accelerated pace.  “As part of the transaction…read more on TotalTele.com »

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Rogers buys Shaw for CAD 26 billion

2021-03-15 14:57:00| Telecompaper Headlines

(Telecompaper) Rogers Communications has agreed to buy Shaw Communications for CAD 4.50 per share, in a transaction valued at CAD 26 billion, including CAD 6 billion worth of Shaw debt...

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Rogers to acquire Shaw in $26 billion transaction

2021-03-15 13:30:48| Digital TV News

Rogers Communications and Shaw Communications have reached an agreement for Rogers to acquire all of Shaws issued and outstanding Class A and Class B shares in a transaction valued at around $26 billion.

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Rogers adds 71,000 Ignite TV subscribers in 4Q 2020

2021-01-28 13:30:17| Digital TV News

Rogers Communications (TSX:RCI.A; RCI.B)(NYSE: RCI) has announced results for the fourth quarter ended December 31, 2020. In the quarter the company added 71,000 net new Ignite TV subscribers, to finish 2020 with 544,000.

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Cogeco rejects sweetened takeover offer from Altice USA, Rogers

2020-10-19 08:58:00| Telecompaper Headlines

(Telecompaper) Altice USA and Rogers have increased their takeover bid for Cogeco, now valuing the company at CAD 11.1 billion, including shares owned by Rogers. The companies made a bid for the company in September that valued the company at CAD 10.3 billion. That offer was soundly rejected not one but twice, and this new one has been too. The Audet family, the controlling shareholders of Canadian operation Cogeco, said this was a "definitive refusal."

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