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Rogers Communications Inc. (RCI)

NYSE - NYSE Delayed Price. Currency in USD
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43.25-0.82 (-1.86%)
At close: 4:00PM EST
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Previous Close44.07
Open44.01
Bid42.00 x 800
Ask46.03 x 800
Day's Range43.18 - 44.03
52 Week Range32.20 - 49.34
Volume481,335
Avg. Volume393,131
Market Cap22.504B
Beta (5Y Monthly)0.33
PE Ratio (TTM)15.45
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield1.56 (3.61%)
Ex-Dividend DateMar. 09, 2021
1y Target EstN/A
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  • Rogers Expands 5G to Over 170 Markets and Announces Smart City Initiative with Communitech to Support the Future Prosperity of our Communities
    GlobeNewswire

    Rogers Expands 5G to Over 170 Markets and Announces Smart City Initiative with Communitech to Support the Future Prosperity of our Communities

    Canada’s largest 5G network is also the most reliable, reaching 10 more cities and towns across British Columbia, Quebec and Ontario1 Rogers partners with Communitech to develop 5G transportation solutions in Future of Cities collaborative TORONTO, Feb. 25, 2021 (GLOBE NEWSWIRE) -- Rogers Communications today announced it is expanding its 5G service on Canada’s most trusted and reliable network to new communities in British Columbia, Ontario and Quebec2. Canada’s largest and most reliable 5G network, powered exclusively by Ericsson, now reaches more than 170 communities nationwide with its expansion to the following 10 cities and towns: Brantford, ONCarignan, QCChambly, QCDawson Creek, BCGravenhurst, ONIngersoll, ONNiagara Falls, ONPelham, ONTecumseh, ONWelland, ON Today Rogers also announced its participation in Communitech’s Future of Cities collaborative to develop 5G smart city solutions of the future. Smart cities are poised to change the way we live and work, contributing to the future efficiency and prosperity of our communities. 5G will play a critical role in enabling advanced applications such as traffic management for collision prevention, drone delivery, or energy efficient smart buildings. This collaborative brings together members of government, industry and academia to develop 5G smart city solutions for the cities of Waterloo and Brampton. This is part of Rogers multi-year partnership with Communitech to support the advancement of 5G innovation in Canada. Quotes: “As we continue to bring 5G to life, not only are we expanding to even more communities, we’re nurturing the right partnerships to bolster Canada’s 5G ecosystem and deliver the technology that will drive economic prosperity in our country and distinguish us globally,” said Jorge Fernandes, Chief Technology Officer at Rogers Communications. “Our partnership with the Future of Cities collaborative is part of our work to bring together researchers, businesses, start-ups and government to build made-in-Canada solutions and infrastructure to future-proof our cities to thrive in the digital age.” “Gravenhurst is very excited to be included in this new 5G investment. Helping residents and visitors access the newest technology and the best connectivity possible continues to be a key goal in our economic development strategy. We look forward to the innovation that this will drive for both our businesses and residents.” – Mayor Paul Kelly, Gravenhurst "With Pelham's mix of urban and rural sectors, any advancement that helps connect our residents with friends, family, and businesses is positive. We've experienced a year of confirmation that our connections with one another and our local communities are paramount, and Rogers' announcement will benefit those who live, work, and play in the Town of Pelham." – Mayor Marvin Junkin, Pelham “We are excited with the announcement that Rogers plans to expand their 5G network in the Town of Tecumseh. 5G technology will benefit our community by adding connection capacity, improving network speed and allowing for the development and implementation of new applications. This investment by Rogers will provide new opportunities for our businesses and residents.” – Mayor Gary McNamara, Tecumseh “The arrival of 5G represents a tremendous technological leap forward enabling more information to be shared faster and more instantaneously. The benefit is not only direct communication, but will enable the advancement of autonomous vehicles, remote surgery, the internet of things and countless other innovative applications.” – Mayor Frank Campion, Welland “We are stronger together than apart and have formed the Future of Cities collaborative to research and test solutions that will help our communities prepare for whatever the Future of Cities may entail,” said Joel Semeniuk, Vice President of Corporate Innovation at Communitech. “As a lead partner, Rogers brings a world-class 5G network and the expertise that will enable us to provide new innovations to our cities and support the growth and evolution of our urban centres across Canada.” Quick Facts: About 5G 5G will support a massive increase in the number of connected devices that require real time connectivity for applications like earthquake prevention using AI and machine learning, autonomous mining and smart city applications such as collision preventionSmart city traffic management solutions could deliver a 10% drop in commuter travel time that would increase productivity to help boost GDP by $270-million in Vancouver and $535-million in Montreal, according to a study for the Canadian Wireless and Telecommunications Association (CWTA)Wireless industry investments in 5G networks are expected to contribute an estimated $40 billion annually to the country’s economy and 250,000 permanent new jobs by 20263 Rogers 5G As Canada’s largest and most reliable 5G network, Rogers offers 5G access to over 45% of Canadians and is now available in more than 170 cities and towns across the countryRogers announced Canada’s first 5G network and the nation’s first 5G standalone core in 2020 Rogers Award-Winning Network Rogers was awarded the best wireless network in Canada for the second year in a row in 2020 by umlaut. Rogers was ranked number one in the West and Ontario in the J.D. Power 2020 Canada Wireless Network Quality Study Ookla Speedtest reported that Rogers wireless delivers the most consistent speeds of any national wireless network in Canada in Q3 and Q4 of 2020; Ookla also confirmed Rogers had the highest time spent on 5G in Canada4Rogers has invested over $30 billion over the past 35 years to build Canada’s most trusted and reliable wireless network About RogersRogers is a proud Canadian company dedicated to making more possible for Canadians each and every day. Our founder, Ted Rogers, purchased his first radio station, CHFI, in 1960. We have grown to become a leading technology and media company that strives to provide the very best in wireless, residential, sports, and media to Canadians and Canadian businesses. Our shares are publicly traded on the Toronto Stock Exchange (TSX: RCI.A and RCI.B) and on the New York Stock Exchange (NYSE: RCI). If you want to find out more about us, visit about.rogers.com. For more informationmedia@rci.rogers.com1-844-226-1338 1 Rogers was ranked first in the umlaut Mobile Data Performance audit in major Canadian cities in Q4, 2020. Visit www.umlaut.com/en/benchmarking/canada. Largest based on total square kilometers of Rogers 5G coverage compared to published coverage of other national networks. 2 Most Trusted based on total wireless subscribers 3 https://www.accenture.com/_acnmedia/PDF-112/Accenture-Accelerating-5G-in-Canada-PoV-2019.pdf#zoom=50 4 https://www.speedtest.net/insights/blog/5g-canada-q4-2020/

  • Rogers Sports & Media Announces 2021 Partnerships with Diverse Charities and Small Businesses to Help Build a Stronger Canada
    GlobeNewswire

    Rogers Sports & Media Announces 2021 Partnerships with Diverse Charities and Small Businesses to Help Build a Stronger Canada

    – All IN program to provide free advertising and creative services to Big Brothers Big Sisters, Blacbiblio.com, Canadian Women & Sport, Friends of Ruby, and Spirit North – TORONTO, Feb. 22, 2021 (GLOBE NEWSWIRE) -- A shoulder to lean on, resources to learn and prosper, and a support system that encourages self-confidence and empowerment are virtues in life that many take for granted, but not every Canadian can easily access. Together in partnership with five Canadian charities and small businesses, Rogers Sports & Media today launches the inaugural year of its inclusion and diversity program All IN to support equity-seeking communities by amplifying stories on a national stage that haven’t always been heard with equal measure. Through the Rogers Sports & Media megaphone, Big Brothers Big Sisters, Blacbiblio.com, Canadian Women & Sport, Friends of Ruby, and Spirit North will receive free advertising and creative services to support their efforts in uplifting underserved communities. “Though these five organizations differ in their specific missions and the communities they serve, they each share a profound sense of hope for an equitable future,” said Jordan Banks, President, Rogers Sports & Media. “All of the organizations have an unrelenting drive to create positive change that is extraordinarily inspiring, and that is precisely what led us to select them as our 2021 All IN partners. We are grateful to collaborate alongside them to share their unique stories and values with more Canadians than ever before.” Rogers Sports & Media received more than 550 submissions for the 2021 All IN program. Because of the overwhelming response, an additional 10 organizations from the applicant pool that each support the Black community will be profiled across the company’s suite of assets. These features will highlight the charities and small businesses, along with work being done in the community, all throughout February during Black History Month. The organizations are BlackHealingTO, Jeffrey Tosh Art, KidsSwag, Lay Up Basketball, MFMG Cosmetics, Naij Hair, Nia Centre for the Arts, Oofii, Shayla’s Voice, and KinkyCurlyYaki. Building on Rogers Sports & Media’s commitment to inclusion and diversity, an internal Content Advisory Council has been formed to ensure diversity of thought is at the forefront of all editorial content. The 2022 application process for All IN will open later this year; visit www.AllInForEquity.ca for further details. All IN complements the robust inclusion and diversity program at Rogers, which is centred around delivering concrete actions. Rogers is committed to working in partnership with communities to help meet critical needs of our residents and neighbours. Community programs that support underserved and vulnerable Canadians include the Ted Rogers Community Grants, Ted Rogers Scholarships, and Connected for Success, a program that offers affordable Internet to bridge the digital divide. During the pandemic, Rogers has provided thousands of devices and plans as digital lifelines to women’s shelters, and to youth organizations such as Big Brothers Big Sisters Canada to keep youth connected to mentors. In partnership with Jays Care Foundation and Food Banks Canada, the company also provided nine million meals through donations and food hampers for food banks across the country as part of Step Up to the Plate. This year, in honour of its 60th birthday and as part of The 60 Project, the Rogers team stepped up with a record number of volunteer hours to help make Canada stronger, together. Here are the 2021 All IN partners: Big Brothers Big SistersBig Brothers Big Sisters is a national organization that provides life-changing mentorship programs to more than 40,000 children and youth each year. Strong mentorship relationships are critical to enabling the children in their programs to develop into well-rounded adults. Their work has proven to help break the cycles of violence, drug abuse, poverty, and inequality. “On behalf of the young people and their families across the country that we support, Big Brothers Big Sisters (BBBS) is thrilled to be a part of the Rogers Sports & Media All IN program,” said Leanne Nicolle, President & CEO, Big Brothers Big Sisters of Toronto. “With over 100 locations across Canada, BBBS Agencies are proudly supporting our Bigs who work with children and youth to develop the skills they will need to thrive and overcome adversity. Rogers Sports & Media’s commitment to supporting equity-seeking communities such as ours will significantly increase the awareness for the essential work we do.” Blacbiblio.comBased in Montreal, Blacbiblio.com brings to life the personalities and events that are regularly omitted from the pages of textbooks. These resources are available for teachers to create engaging and fun lessons for students in grades 4 and up. “Blacbiblio.com is excited to have at its disposal the expertise of the All IN and Rogers Sports & Media teams,” said Dorothy Williams, Founder, Blacbiblio.com. “Our company is proud because we know that the ABC's of Canadian Black History Kit can have a strong positive impact on our youth. All IN will help Blacbiblio.com to increase the public's awareness about the benefits of teaching Canadian Black history in our schools.” Canadian Women & SportWomen and girls are greatly underrepresented and underserved in Canadian sport – as athletes, leaders, and decision makers. Canadian Women & Sport is dedicated to creating an equitable and inclusive system that empowers women and girls within sport and through sport. “It is time to reimagine sport. While women and girls have what it takes to succeed in sport, including talent, drive, and determination, they must overcome extra barriers simply because they are women,” said Allison Sandmeyer-Graves, CEO, Canadian Women & Sport. “Canadian Women & Sport works on behalf of all girls and women to create a sport system that is safe, welcoming and inclusive. All IN will help Canadian Women & Sport reach parents, coaches, leaders, and fans across Canada, and motivate them to be part of the solution. Together, we will change the game so that everyone wins.” Friends of RubyFriends of Ruby provides unique, welcoming spaces with counselling, social programs, housing, and practical resources for LGBTQI2S youth (16-29). They help more than 300 youth every year to lead healthier and safer lives. "We want to ensure vulnerable LGBTQI2S youth receive the message that Friends of Ruby is here to support their mental health and wellbeing," said Lucy Gallo, Director of Youth Services and Housing. "The partnership with Rogers Sports & Media’s All IN program is instrumental in expanding our reach and increasing public awareness on youth needs, helping to eliminate challenges and systemic barriers that LGBTQI2S youth face in their lives." Spirit NorthSpirit North empowers Indigenous youth to be unstoppable in sport, school, and life. Through the transformative power of sport and play, Spirit North helps youth improve their health and wellness, develop leadership skills, find their voice, and fulfill their promise. “We are absolutely thrilled to have been selected for Rogers Sports & Media’s All IN program. This partnership will help Spirit North by giving us a chance to share our story with Canadians from coast to coast – raising awareness and resources which will, in turn, help us reach even more Indigenous children and youth with sport for social development programs designed to engage, empower, and inspire. We couldn’t be happier or more excited to be partnering with Rogers Sports & Media for this project!,” said Beckie Scott, Founder and CEO, Spirit North. About Rogers Sports & MediaRogers Sports & Media is a diverse sports and content company that connects with more than 30 million Canadians each week. The company’s multimedia offerings include 54 radio stations, 29 local TV stations, 23 conventional and specialty television stations, podcasts, digital and e-commerce websites, and sporting events. Rogers Sports & Media delivers unique storytelling through its range of powerful brands: Citytv, OMNI Television, FX, TSC, 680 NEWS, 98.1 CHFI, KiSS, Breakfast Television, Cityline, CityNews, Sportsnet – Canada’s #1 sports network, and the Blue Jays – Canada’s only Major League Baseball team. Rogers Sports & Media is a subsidiary of Rogers Communications Inc. (TSX, NYSE: RCI). Visit RogersSportsandMedia.com. Media ContactCaitlin Decarie, Rogers Sports & Media, Caitlin.Decarie@rci.rogers.com, 647-299-6733

  • 2021 Ted Rogers Community Grants help empower thousands of Canadian youth, supporting our next generation of leaders and innovators
    GlobeNewswire

    2021 Ted Rogers Community Grants help empower thousands of Canadian youth, supporting our next generation of leaders and innovators

    Grants provided to 42 Canadian organizations engaging youth through innovation, entrepreneurship, STEM, mentorship and community leadership Community grants awarded to 300 Canadian organizations since 2017 TORONTO, Feb. 18, 2021 (GLOBE NEWSWIRE) -- Today, Rogers Communications announced it has awarded Ted Rogers Community Grants to 42 organizations who are making a difference in the lives of thousands of Canadian youth in grades 7-12. Through programs in innovation, entrepreneurship, mentorship and community leadership, these organizations are providing critical supports to youth across the country by fostering pride, building confidence and helping young people achieve their highest potential. Since 2017, Rogers is proud to have awarded community grants to 300 youth organizations across the country, and $6.5 million in Ted Rogers Scholarships to 1,400 Canadian youth attending post-secondary education. Many scholarship recipients were nominated by community grant partners and 75% of community recipients from the Class of 2020 were members of BIPOC (Black, Indigenous, People of Colour) communities. “Every year, but this year in particular, NGOs and charities are working hard to meet the needs of residents across our communities,” said Joe Natale, President and CEO of Rogers Communications. “We’re very proud to work in partnership with these groups through our Ted Rogers Community Grants program, helping ensure that the next generation of rising leaders see a more leveled playing field as they reach their ambitions and full potential.” Statistics Canada reports that although 94% of Black Canadian youth would like to pursue a university degree, only 60% believe they actually will. This year, Rogers is working in partnership with the YMCA of Greater Toronto to help launch a new program for Black youth that connects them with mentors and helps overcome barriers preventing these talented youth from achieving their dreams. “We want Black youth to see what’s possible by connecting them with Black leaders in business and in our broader community,” said Medhat Mahdy, President & CEO, YMCA of Greater Toronto. “This grant supports the development of our new signature initiative to link Black youth with mentors who inspire, and most importantly, believe in them. We want to show Black youth that their dreams belong, and they can help make our collective future brighter.” For Indigenous youth in remote communities, schools shuttered due to the pandemic provided a greater need and an opportunity for Ted Rogers Community Grants to support traditional land-based teachings from organizations like the SEAS program at Bella Bella Community School Society in the Heilsuk Nation in coastal British Columbia, which is empowering the next generation of environmental stewards. “The Heiltsuk SEAS (Supporting Emerging Aboriginal Stewards) Initiative mobilizes support and collaborations for youth in our school to replicate the kind of enriched learning style of our ancestors: communal, inter-generational, and deeply land-based, said Jess Housty, Executive Director, Qqs (Eyes) Projects Society. “The resurgence and resilience of Heiltsuk culture and knowledge is led by our youth with our whole community behind them, and programs like SEAS equip them with the tools they need to push for social and environmental transformation.” For LGBTQ2S+ youth, navigating adolescence can be particularly difficult, according to a 2019 federal report, which showed many face bullying at school or feel they need to conceal their identities from family. Rogers 2021 grants to organizations like the Rainbow Resource Centre in Winnipeg help provide a safe and positive space for LGBTQ2S+ youth to celebrate their identity, reduce isolation, and build social connections. “While barriers for youth existed long before the pandemic, today’s generation of young people are walking into a very different set of challenges, but also opportunities, than ever before,” said Sevaun Palvetzian, who leads communications and corporate responsibility for Rogers. “Through our Ted Rogers Community Grants, our Ted Rogers Scholarships and other community support efforts across our company, we’re proud to angel invest in young people – who will reimagine what a new possible looks like.” Rogers has also renewed its partnership with national organizations like Youth Science Canada, Actua, and Canada Learning Code, which encourages girls to explore science, technology, engineering, and math (STEM), and help continue closing the gender gap in post-secondary education. Supporting youth through grants, together with Ted Rogers Scholarships, is one of the key ways Rogers is committed to working in partnership with communities to help meet critical needs of our residents and neighbours. Other community programs include Connected for Success, which offers affordable Internet to bridge the digital divide. During the pandemic, Rogers has provided thousands of devices and plans as digital lifelines to women’s shelters, and to youth organizations like Big Brothers Big Sisters Canada to keep youth connected to mentors. In partnership with the Jays Care Foundation and Food Banks Canada, the company also provided 9 million meals through donations and food hampers for food banks across the country as part of Step Up to the Plate. This year, in honour of its 60th birthday and as part of The 60 Project, the Rogers team stepped up with a record number of volunteer hours to help make Canada stronger, together. About RogersRogers is a proud Canadian company dedicated to making more possible for Canadians each and every day. Our founder, Ted Rogers, purchased his first radio station, CHFI, in 1960. We have grown to become a leading technology and media company that strives to provide the very best in wireless, residential, sports, and media to Canadians and Canadian businesses. Our shares are publicly traded on the Toronto Stock Exchange (TSX: RCI.A and RCI.B) and on the New York Stock Exchange (NYSE: RCI). If you want to find out more about us, visit about.rogers.com. For more information:Rogers Communications, media@rci.rogers.com, 1-844-226-1338,