Rogers Communications

Rogers Communications

Rogers Communications began in 1960 when Ted Rogers acquired a Toronto FM radio station, CFTR. The family retains control through a dual-class share structure, with the founding Rogers family holding majority voting power. The company went public in 1962 on the Toronto Stock Exchange (TSX: RCI.B) and also trades on the NYSE. The firm operates three primary segments: Rogers Wireless — Canada's largest mobile carrier with over 12 million subscribers; Rogers Cable — providing internet, TV, and home phone; and Rogers Sports & Media — which includes the Toronto Blue Jays, Rogers Centre, Sportsnet, and a portfolio of radio stations. In 2023, Rogers completed its CAD 26 billion acquisition of Shaw Communications, creating a national telecom giant with over 30 million customer relationships (per the firm, 2023). The company also holds a 37.5% stake in Maple Leaf Sports & Entertainment. With annual revenue exceeding CAD 15 billion and a workforce of over 25,000, Rogers is one of Canada's largest publicly traded companies. The Rogers Trust, which controls the family's voting shares, remains the largest shareholder. In October 2024, Rogers announced the network integration with Shaw was complete, and the company began unifying its brand and operations under one national structure. Rogers is unique among Canadian telecoms as a family-controlled public company with dual-class shares. This structure allows the Rogers family to maintain strategic control while accessing public capital markets — a hybrid model that blends family-office-like governance with the scale of a national telecom operator.