TORONTO – Rogers Communications saw its third quarter profits tumble 53% due to the wind down of its jointly owned shomi streaming service, the company said Monday, releasing its financial report three days earlier than planned.
For the period ended September 30, 2016, net income of $220 million fell from $464 million in the same period last year, while adjusted net income dropped from $472 million to $427 million as a result of higher other investment-related gains incurred in the prior year.
Consolidated revenue increased 3% this quarter to $3.5 billion, largely driven by growth in Wireless service and Media revenue of 6%…
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Shocker after less than three years at the helm
TORONTO – Rogers Communications announced this morning that president and CEO Guy Laurence will step down, effective immediately. No reasons were given for his departure.
It also announced that it is Rogers intention to hire former Telus CEO Joseph Natale as president and CEO as soon as he is in a position to join Rogers. During the interim, board chair Alan Horn will act as president and CEO.
"We have appreciated Guy's leadership over the last three years," said Edward Rogers, deputy chairman, Rogers Communications, in a press release. "He has moved the…
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TORONTO – Rogers is offering its new mobile communications system to medium, large and public sector organizations in Canada after first launching to small business customers earlier this year.
Using a web portal, Rogers Unison allows businesses and their employees to make and receive calls on any device and move calls easily from one device to the next, all while keeping their landline numbers. It also promises to cut costs previously spent on desk phones through an as-a-service payment model with no maintenance costs, reads the news release.
"Our medium and large business customers want a solution that offers…
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TORONTO/VANCOUVER – Rogers’ OMNI Television will air 48 regular season NHL games in Punjabi this season with the return of Hockey Night in Canada: Punjabi Edition beginning Saturday, October 15.
Host and play-by-play announcer Harnarayan Singh joins analysts Randip Janda, Bhupinder Hundal, and Harpreet Pandher every Saturday night for back-to-back games live from the OMNI Television studios in Vancouver.
The games will air live every Saturday on OMNI 2, OMNI BC, and OMNI Alberta, and online at www.omnitv.ca/hockey. Broadcast details and NHL matchings will be announced weekly on Twitter at @HkyNightPunjabi
“Broadcasting NHL games in Punjabi allows us to deliver…
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TORONTO – When Guy Laurence came to Canada nearly three years ago to take the helm at Rogers Communications, he was not shy about telling people his first goal was to tackle a mountain of customer service problems.
It was a widely acknowledged failing.
Even the fellow who stamped Laurence’s Canadian work visa back then wasn’t shy about telling him “Your service sucks,” the CEO recalled when he met with members of the media last Thursday to launch the company’s new self-service wireless bandwidth management tool.
Laurence set to work when he was…
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TORONTO – As the Rogers-Shaw over-the-top viewing portal shomi is wound down by the end of November, many have wondered what the companies are going to do with the content they have under contract.
There were rampant rumours throughout the summer as the two companies pondered their commitment to shomi, and sources told Cartt.ca that Amazon was a player in trying to negotiate a content arrangement with Rogers and Shaw to launch its video streamer in Canada.
We asked Rogers Communications CEO Guy Laurence these questions yesterday during a press session announcing its…
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OTTAWA-GATINEAU – The CRTC took matters in to its own hands Thursday, throwing out the wholesale high-speed access rates proposed by the country’s large cable and telephone companies in favour of its own.
In its decision, the Commission said that the proposed rates from incumbent carriers “were not just and reasonable” and that they were therefore revised downwards. It also expressed “significant concern” that that some of the companies have not conducted their cost studies in accordance with well-established costing principles and methodologies, and disregarded the CRTC provided Regulatory Economic Studies Manuals .
“Competitors that provide retail Internet services to Canadians using…
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TORONTO – Rogers is handing parents real-time control of their family’s wireless data.
The company said Thursday that its Share Everything customers may now manage their data through the MyRogers app. Specifically, the family bill payer can set data allowances for each family member and, upon receiving notification that the threshold has been reached, may choose to either continue letting them use data, allocate more data from another family member, or buy data top-ups to keep the family going to the end of the bill cycle. The bill payer may also switch off data for an individual and turn it…
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TORONTO – It’s a little complicated (and raises the spectre of the long-gone iCraveTV), but a Bell Canada injunction says VMedia can’t apply the BDU regs to its new OTT vice service.
Bell says that the independent ISP and BDU is in the wrong by claiming it can distribute CTV and CTV2 as a retransmitter under section 31 of the Copyright Act.
“There is nothing in the Act, or otherwise at law, that permits VMedia to do so,” Bell writes in an October 3 injunction filed with the Ontario Superior Court of Justice against the Continue Reading
TORONTO – With the puck set to drop on the 2016-17 NHL season next week, Rogers-owned Sportsnet will produce and broadcast eight NHL games in 4K resolution between October and December, with more to come in 2017.
Its first 4K NHL broadcast of the season is scheduled for October 12 at 7:00 PM ET/4:00 PM PT when the Toronto Maple Leafs visit the Ottawa Senators in a matchup known as ‘the battle of Ontario’. Five of the eight 4K NHL games between October and December will be available nationally, with the additional three Toronto Maple Leafs games available to viewers in…
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