Search Results for: rogers

Cable / Telecom News

Rogers joins Ericsson’s global Startup 5G program

PLANO, Tex. and TORONTO — Ericsson announced today Rogers Communications is the first North American service provider to join its Startup 5G program. The program “is designed to help communications service providers (CSPs) accelerate the successful commercialization and monetization of 5G by introducing them to the right consumer innovation partners,” according to a press release. It “will also encourage 5G innovation transfer between start-ups and Rogers to create new business opportunities for both sides.” Through the program, Rogers gains access to Ericsson’s ConsumerLab research, analytical data and worldwide network of 5G start-ups — “an exclusive list of companies developing scalable services,… Continue Reading

Cable / Telecom News, Radio / Television News

Rogers will not appeal Friday’s B.C. Supreme Court decision

Focus now on Shaw as company tells CRTC hearing must proceed as planned TORONTO – Rogers Communications Inc. announced Sunday evening it will not seek an appeal of Friday’s British Columbia Supreme Court ruling, which settled the matter of who is actually on RCI’s board of directors. This would seem to put an end weeks of drama over who controls the company. On Friday, Justice Shelley Fitzpatrick ruled in favour of Edward Rogers, chair of the Rogers Control Trust, who was seeking orders related to the board changes he made by written resolution in late October, which were… Continue Reading

Cable / Telecom News, Radio / Television News

Edward Rogers wins court battle over changes to RCI board (updated)

VANCOUVER – Changes made to the Rogers Communications Inc. (RCI) board of directors by Edward Rogers are valid, a British Columbia Supreme Court judge ruled today. Mr. Rogers removed and replaced five board members by written consent resolution in his capacity as chair of the Rogers Control Trust on Oct. 22, a move that RCI at the time declared to be “invalid”. On Oct. 26, Mr. Rogers filed a petition with the Supreme Court of B.C. seeking, among other orders, a declaration the written consent resolution making changes to the board is valid. Justice Shelley Fitzpatrick today granted Mr. Rogers the… Continue Reading

Cable / Telecom News, Radio / Television News

Crisis at Rogers: Affidavits say Edward Rogers fired Natale without board approval

They say he has a pattern of overstepping By Amanda OYE VANCOUVER – On its face, the court case this week between Edward Rogers as the chair of the Rogers Control Trust and Rogers Communications Inc. (RCI) is largely about the interpretation of the company’s articles in conjunction the B.C. Business Corporations Act. Tangled up in this, however, are two competing storylines of what has happened at RCI over the last two months and of what the company’s founder, the late Ted Rogers, would have wanted. This became clear last Friday when several affidavits were filed in response to Edward… Continue Reading

Radio / Television News

Crisis at Rogers: Bell, Telus ask CRTC to delay merger hearing, Rogers wants the requests denied (UPDATED)

Shaw asks CRTC to dismiss requests of “opportunistic proponents of delay” OTTAWA – Bell and Telus both filed letters yesterday with the CRTC supporting the Public Interest Advocacy Centre and National Pensioners Federation’s (PIAC-NPF) procedural request to have the Commission’s public hearings into the broadcasting side of Rogers Communications’s purchase of Shaw Communications delayed. The hearings are scheduled to begin Nov. 22. PIAC-NPF, Bell and Telus all argued there is too much uncertainty around who controls Rogers for the CRTC to conduct fair hearings that protect the public interest. Bell, in its letter, called the situation “unprecedented” and said it “places… Continue Reading

Cable / Telecom News

Shaw reports Q4 and full year 2021 result; Reiterates commitment to Rogers deal

CALGARY – Shaw Communications Inc. announced last Friday its fourth quarter and full year financial and operating results, which include increases in net income by 44% and 43% respectively. “Consolidated revenue increased 2.1% year-over-year to $1.38 billion, adjusted EBITDA increased 3.4% year-over-year to $614 million and net income increased 44% to $252 million,” a press release says. For fiscal 2021, Shaw reported revenue increased 1.9% to $5.5 billion and adjusted EBITDA grew 4.6% to $2.5 billion. Net income for 2021 increased 43.3% to $986 million. In Q4, Shaw “added approximately 60,500 new Wireless customers,” the press release said. “Postpaid net additions of approximately… Continue Reading

Cable / Telecom News, Radio / Television News

Crisis at Rogers: Court left to decide which RCI board stands

VANCOUVER – The ongoing Rogers family battle made its way into a Vancouver courtroom of the British Columbia Supreme Court Monday when lawyers for Edward Rogers, chair of the Rogers Control Trust, and Rogers Communications Inc. (RCI) laid out their arguments before Justice Shelley Fitzpatrick. At issue before the court is whether Mr. Rogers, the petitioner in this case, has the power as chair of the Rogers Control Trust to make changes to RCI’s board of directors by consent resolution rather than at a shareholder meeting. Mr. Rogers’s lawyer Kenneth McEwan told the court the matter at hand is “a… Continue Reading

Cable / Telecom News, Radio / Television News

Rogers crisis: Consumer groups want to delay merger hearing

OTTAWA – With control of Rogers Communications now before a B.C. judge, the Public Interest Advocacy Centre and National Pensioners Federation has asked the CRTC to hold off on the public hearing into the purchase of Shaw Communications by Rogers Communications. “The press has reported on a series of events unfolding at Rogers that call into question the legal status of the existing board of directors, and whether the current officers of the company have the confidence of the board of directors or whether they will even remain as officers of… Continue Reading

Cable / Telecom News

Vidéotron sues Rogers for $850M, alleges breach of contract

By Denis Carmel When Vidéotron entered the wireless market, around 2010, it sought a deal with Rogers over the sharing of infrastructure and spectrum in Québec and Eastern Ontario. Rogers agreed. So, discussions started, and a Network Operating Agreement (NOA) was signed in 2013 for 20 years. Yes, 20 years. The purpose was to simply reduce costs on both sides and compete with Bell, which was the main operator in Québec at the time. Bell and Telus reached a similar Canada-wide agreement in 2008. But as Vidéotron gained market shares at the expense of Bell but also Rogers, and with the changes in the… Continue Reading

Cable / Telecom News, Radio / Television News

Crisis at Rogers: Gemmell, Horn and Lind weigh in

TORONTO – Wednesday evening, Robert Gemmell, Alan Horn and Philip Lind all issued statements weighing in on the ongoing power struggle at Rogers Communications Inc. (RCI) and supporting Edward Rogers. The statements follow the filing of court documents by Mr. Rogers in the Supreme Court of British Columbia Tuesday, and subsequent reports disputing some of the information laid out by Mr. Rogers in those documents. Gemmell, who notes in his statement he has been an independent director at RCI since 2017, said: “As Board Chair, Edward has always acted deliberately with consideration and with preference for consultation. The discussion… Continue Reading