Cable / Telecom News

RCI founder still in hospital

TORONTO - Rogers Communications CEO Ted Rogers was admitted to hospital Friday afternoon and company executives have remained tight-lipped on the prognosis for company’s visionary founder. He is being treated for “an existing cardiac condition,” said the press release late Friday afternoon. Rogers has temporarily relinquished his responsibilities as the company's CEO to board chairman and former company CFO Alan Horn. “The length of Mr. Rogers' leave will be determined by his overall health and medical progress,” said the short release. It didn’t identify the hospital in which he is staying. Rogers, 75, has a long history of ill health,...