TORONTO – Rogers Communications (RCI) has priced a US$750 million underwritten public offering of 4.30% senior notes due in 2048.
The net proceeds from the issuance of the debt securities will be approximately US$737 million and are expected to be used for general corporate purposes, which may include the repayment at maturity of outstanding commercial paper under RCI's US commercial paper program, the company said late Monday.
The sale of the debt securities is expected to close on February 8, 2018. The debt securities will be issued by RCI and guaranteed by its wholly-owned subsidiary, Rogers Communications Canada Inc.
www.rogers.com
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Promises confidentiality
GATINEAU – As part of the report on current Canadian content consumption patterns which the federal government has asked the CRTC to compile, a range of companies have been asked to provide very competitively sensitive information by the Regulator.
The Commission last week sent letters to foreign competitors Netflix, Facebook, Google, Amazon, Apple and Spotify – as well as Bell, Rogers, Shaw, Corus, Pelmorex, Stingray and others, for certain sets of top line revenue, viewership and subscriber data when it comes to their digital platforms. The CRTC already has the data for the traditional platforms.
Specifically,…
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OTTAWA – Digital disruption has opened up tremendous opportunity for broadcasters, distributors and producers alike, but has also created significant challenges, according to speakers in the first panel session at the Canadian Media Producers’ Association’s annual Prime Time conference Thursday morning.
For CBC/Radio-Canada, going digital and implementing its own over the top (OTT) service has allowed the national public broadcaster to reach new audiences. Heather Conway, executive VP of English services at CBC, acknowledged that the corporation skews to an older, linear TV oriented demographic but said the move into the digital realm has given CBC a wider audience.
“As we…
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FIRST DISNEY BUYS FOX’S MEDIA LIBRARY, so then maybe Corus buys Bell Media – or the other way around? If so, is this a good idea or a bad one for our system?
A Scotiabank report from December 2017 entitled “Converging Networks” and reported by Cartt.ca has suggested that Corus and Bell Media should merge in order to “make them more competitive.” It’s hard to know if this report is a trial balloon or just mere speculation, but we’ve seen support in other quarters for this point of view.
The research also says Facebook and Google now…
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MONTREAL – Bell Canada’s Let’s Talk Day appears to have been another unqualified success.
Just after midnight, the Bell Let’s Talk web site said it had counted 136,560,989 interactions across all of the platforms in which it was tracking mentions, texts, calls, hashtags, video views and so on. At 5 cents each, that’s over $6.8 million raised to help fund mental health programs across Canada (although there may be some counting of mentions still happening after Cartt.ca went to bed for the night…)
Canadians (or anyone really) could talk, text and join in on social media, watch a video or tweet…
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CELA FAIT PLUS DE 25 ans que la législation qui régit le secteur des communications a été promulguée. Malgré des changements mineurs, la Loi sur les télécommunications et la Loi sur la radiodiffusion sont essentiellement restées inchangées, leurs objectifs demeurant les mêmes. Elles ont résisté à l’épreuve du temps selon certains. D’autres, en revanche, exposent l’impact phénoménal de l’Internet pour demander des changements significatifs à ces Lois.
"L’Internet est devenu le mode de communication principal dans nos vies et pourtant nous demeurons avec des lois qui font encore une distinction entre la radiodiffusion et les télécommunications et aussi entre les communications…
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IT’S BEEN MORE THAN 25 years since legislation guiding the communications sector came into force. There have some minor changes, but both the Telecommunications Act and the Broadcasting Act have remained largely the same – their objectives essentially left untouched. They have stood the test of time, some say. Others, however, point to the enormous impact of the Internet in arguing for big changes to these laws.
“The Internet has really become the central communication mode in our life now, and yet we have legislation that makes a distinction between telecom and broadcasting and also between wireless and wireline. It…
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WINNIPEG – Rogers Communications today announced new wireless service in Sage Creek, one of Winnipeg’s fastest growing areas.
The company worked with the Sage Creek Residents’ Association and local political leaders to build the new cellular tower. “We were pleased to work with the residents and businesses of Sage Creek, with the support of the municipality, to provide new and improved wireless service so that our Sage Creek customers can make and share more memorable moments with an improved network experience,” said Colin Bartlett, Rogers’ director, prairies region, in a release.
“It’s a great feeling and excellent news for the…
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IF YOU’RE AGAINST THINGS like theft and plagiarism, then support of the FairPlay Coalition is a no-brainer.
Over 25 companies, unions, associations and other groups have banded together to file an application to the CRTC to try to curb blatant content piracy in Canada. The group (a list of organizations who are often at each other’s throats) is calling themselves the FairPlay Canada Coalition and the application (to which Cartt.ca was granted early access) calls for the creation of the Independent Piracy Review Agency, an independent, third party organization with a strong mandate to protect both net neutrality as well…
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Proposes new agency to battle billion-dollar problem
OTTAWA – FairPlay Canada, a new coalition of Canadian artists, content creators, unions, guilds, producers, performers, broadcasters, distributors, and exhibitors is has filed an application with the CRTC urging the Regulator to have Canadian ISPs shut down access to websites which enable content piracy.
According to the coalition, the jobs of hundreds of thousands of Canadians who work in the creative sector (songwriters, set builders, TV writers, makeup artists, reporters, as well as cable technicians, engineers and customer service reps) are at risk as a result of increasing online piracy…
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