Cable & Telecom

Rogers closes financing to pay for spectrum purchases

TORONTO - Rogers has closed its concurrent Canadian and U.S. financing transactions of approximately $2.1 billion to help fund its purchases at last month’s 700 MHz wireless spectrum auction.Using that amount in addition to cash on hand and other available debt, Rogers pledged to invest $3.29 billion to deploy 20 MHz of spectrum, a move its says will result in enhanced network coverage and a better mobile video experience for customers in both rural and urban areas across the country. Rogers acquired 22 licences - the majority of it in the A and B blocks - in every region of the country,...
 

Our industry and COVID-19

We've gathered a number of links where Canadian cable, radio, television, telecom and wireless companies have posted their responses to the Covid-19 pandemic.