RCI/A Rogers Communications Inc. Cl A

Rogers closes CDN$7 billion equity investment transaction

Rogers closes CDN$7 billion equity investment transaction

Proceeds will be used to repay debt

Rogers will maintain full operational control of its wireless network

TORONTO, June 20, 2025 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX: RCI.A and RCI.B; NYSE: RCI) today announced it has closed its CDN$7 billion equity investment from funds managed by Blackstone, backed by leading Canadian institutional investors.

Blackstone has acquired a non-controlling interest in a new Canadian subsidiary of Rogers that owns a portion of Rogers wireless backhaul transport infrastructure. Rogers is maintaining full operational control of its network and will include the financial results of the subsidiary in its consolidated financial statements.

“This transaction demonstrates the confidence investors have in Rogers and our world-class assets,” said Tony Staffieri, President and CEO. “With this significant investment, we are unlocking the unrecognized value of critical assets and executing on our commitment to de-lever our balance sheet.”

The investor group led by Blackstone includes Canada Pension Plan Investment Board (CPP Investments), Caisse de dépôt et placement du Québec (La Caisse), the Public Sector Pension Investment Board (PSP Investments), British Columbia Investment Management Corporation (BCI) and the Investment Management Corporation of Ontario (IMCO).

Additional information about the transaction and its terms and conditions is available under Rogers profile on SEDAR+ at . 

About Rogers Communications Inc.

Rogers is Canada’s leading communications and entertainment company and its shares are publicly traded on the Toronto Stock Exchange (TSX: RCI.A and RCI.B) and on the New York Stock Exchange (NYSE: RCI). For more information, please visit  or .

For more information:

Media



1-844-226-1338

Investor Relations



1-844-801-4792



EN
20/06/2025

Underlying

RCI/ARogers Communications Inc. Cl A

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Rogers Communications Inc. Cl A

 PRESS RELEASE
Free
RCI/A Rogers Communic...

Rogers closes CDN$7 billion equity investment transaction

Rogers closes CDN$7 billion equity investment transaction Proceeds will be used to repay debtRogers will maintain full operational control of its wireless network TORONTO, June 20, 2025 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX: RCI.A and RCI.B; NYSE: RCI) today announced it has closed its CDN$7 billion equity investment from funds managed by Blackstone, backed by leading Canadian institutional investors. Blackstone has acquired a non-controlling interest in a new Canadian subsidiary of Rogers that owns a portion of Rogers wireless backhaul transport infrastructure. Rogers is ...

9h / 42m 1 EN
 PRESS RELEASE
Free
RCI/A Rogers Communic...

Rogers conclut une transaction pour un investissement en capitaux prop...

Rogers conclut une transaction pour un investissement en capitaux propres de 7 milliards $ CA Les produits serviront à rembourser la dette de l’entreprise Rogers conservera le plein contrôle opérationnel de son réseau sans-fil TORONTO, 20 juin 2025 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX : RCI.A et RCI.B; NYSE : RCI) a annoncé aujourd’hui la conclusion d’une transaction pour un investissement en capitaux propres de 7 milliards $ CA provenant de fonds gérés par Blackstone et d’investisseurs institutionnels canadiens de premier plan. Blackstone a acquis une participation minor...

9h / 42m 1 EN
 PRESS RELEASE
Free
RCI/A Rogers Communic...

Rogers comments on CRTC’s NBA TV Canada approval

Rogers comments on CRTC’s NBA TV Canada approval TORONTO, June 12, 2025 (GLOBE NEWSWIRE) -- Rogers Communications (TSX: RCI.A and RCI.B) (NYSE: RCI) issued the following statement upon receiving approval from the Canadian Radio-television and Telecommunications Commission (CRTC) to acquire Bell’s interest in Toronto Raptors Network Ltd (NBA TV Canada): “We’re pleased to receive all the necessary approvals to expand our ownership of MLSE. We look forward to closing this strategic deal in early July,” said Tony Staffieri, President and CEO, Rogers. “MLSE is one of the most prestigious spor...

June 12, 2025 1 EN
 PRESS RELEASE
Free
RCI/A Rogers Communic...

Déclaration de Rogers au sujet de l’approbation du CRTC concernant NBA...

Déclaration de Rogers au sujet de l’approbation du CRTC concernant NBA TV Canada TORONTO, 12 juin 2025 (GLOBE NEWSWIRE) -- Rogers Communications (TSX : RCI. A et RCI.B) (NYSE : RCI) a publié la déclaration suivante en réponse à l’approbation obtenue auprès du Conseil de la radiodiffusion et des télécommunications canadiennes (CRTC) relativement à l’acquisition de la participation de Bell dans Toronto Raptors Network Ltd (NBA TV Canada) : « Nous sommes heureux d’avoir reçu toutes les approbations nécessaires pour accroître notre participation dans MLSE. Nous comptons finaliser cette enten...

June 12, 2025 1 EN
 PRESS RELEASE
Free
RCI/A Rogers Communic...

Rogers Donates $1 Million to 2025 Rogers Charity Classic

Rogers Donates $1 Million to 2025 Rogers Charity Classic CALGARY, Alberta, June 09, 2025 (GLOBE NEWSWIRE) -- Rogers Communications announced today that it is donating $1 million to support children’s charities across Alberta as part of the Rogers Charity Classic. “Every year the Rogers Charity Classic makes a monumental impact on communities, families and children in Alberta,” said Terrie Tweddle, Chief Brand and Communications Officer, Rogers. “We are proud to help bring this locally renowned event to life, and to continue supporting children’s charities across Alberta.” Last year’s to...

June 9, 2025 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch