Core Viewpoint - Rogers Communication is anticipated to report a year-over-year decline in earnings despite an increase in revenues for the quarter ended June 2025, with the actual results being crucial for its near-term stock price movement [1][2]. Earnings Expectations - The consensus estimate for Rogers Communication's quarterly earnings is $0.76 per share, reflecting a year-over-year decrease of 10.6%. Revenues are projected to be $3.74 billion, which is a 0.5% increase from the previous year [3]. Estimate Revisions - Over the last 30 days, the consensus EPS estimate has been revised 0.71% higher, indicating a collective reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model shows that the Most Accurate Estimate for Rogers Communication is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +6.42%. The company currently holds a Zacks Rank of 2, suggesting a strong likelihood of beating the consensus EPS estimate [12]. Historical Performance - In the last reported quarter, Rogers Communication was expected to post earnings of $0.71 per share but delivered $0.69, resulting in a surprise of -2.82%. Over the past four quarters, the company has beaten consensus EPS estimates twice [13][14]. Conclusion - While Rogers Communication is positioned as a potential earnings-beat candidate, other factors should also be considered when evaluating the stock ahead of its earnings release [17].

Core Viewpoint - Rogers has launched Rogers Satellite, a new satellite-to-mobile text messaging service that significantly expands wireless coverage across Canada, particularly in remote areas, and invites all Canadians to participate in a free beta trial [1][2][4]. Group 1: Service Launch and Coverage - Rogers Satellite covers over 5.4 million square kilometers, which is more than 2.5 times the coverage of any other Canadian wireless provider [1][4]. - The service will initially support text messaging and text-to-911, with plans to expand to apps, data, and voice services, including 911 voice services [2][3]. Group 2: Beta Trial and Pricing - All Canadians can sign up for the Rogers Satellite beta trial at no cost, which will run until October [2][3]. - After the beta trial, the service will be included at no additional cost for customers on the Rogers Ultimate Plan and will be available for $15 per month for all Canadians, with a $5 discount for beta participants for the first 12 months [3]. Group 3: Technological Innovation - Rogers Satellite utilizes low-earth orbit (LEO) satellites combined with Rogers' national wireless spectrum, allowing most modern smartphones to connect automatically in areas without cell service [6]. - The company has invested $45 billion over the past 40 years to develop various wireless technologies, marking a legacy of innovation in the telecommunications sector [7]. Group 4: Public Safety and Community Impact - The new service is expected to enhance public safety and emergency response capabilities in remote areas, allowing users to send text messages, including to emergency services, without traditional coverage [9][10]. - Local organizations have expressed support for the service, highlighting its importance in closing the digital divide and improving connectivity for rural and remote communities [10].

Core Points - Rogers Communications Inc. has announced the commencement of separate cash offers to purchase up to C$400,000,000 of its outstanding senior notes [1][2] - The offers are subject to certain conditions and may be adjusted at the company's discretion [1][12] Offer Details - The total amount of notes purchased and the allocation among different series will be determined by the company [3] - The offers will expire at 5:00 p.m. (Eastern time) on July 18, 2025, unless extended [5][6] - The settlement date for accepted notes is expected to be July 23, 2025 [7] Notes Information - The company is offering to purchase various series of senior notes, including: - 4.25% Senior Notes due 2049 with an outstanding amount of C$300 million [4] - 2.90% Senior Notes due 2030 with an outstanding amount of C$500 million [4] - 3.30% Senior Notes due 2029 with an outstanding amount of C$500 million [4] - 3.25% Senior Notes due 2029 with an outstanding amount of C$1,000 million [4] - 4.25% Senior Notes due 2032 with an outstanding amount of C$1,000 million [4] - 3.65% Senior Notes due 2027 with an outstanding amount of C$1,500 million [4] Total Consideration - The total consideration for each series will be based on the fixed spread and the yield of the applicable Canadian reference security [5] - Holders of accepted notes will also receive accrued and unpaid interest in addition to the total consideration [9] Dealer Managers - The company has retained Merrill Lynch Canada Inc., RBC Dominion Securities Inc., Scotia Capital Inc., and TD Securities Inc. as joint lead dealer managers for the offers [13]

Core Points - Rogers Communications, Inc. has initiated cash offers to purchase any and all outstanding notes up to a maximum of US$1,250,000,000 aggregate Total Consideration [1][2] - The acceptance of notes will be based on specified Acceptance Priority Levels, with no proration for accepted series [1][8] - The Offers will expire on July 18, 2025, at 5:00 p.m. Eastern time, unless extended [5][6] Offer Details - The Total Consideration for each series of notes will be determined based on fixed spreads and U.S. Treasury reference security yields as of July 18, 2025 [8][9] - Holders of accepted notes will receive cash payments for both Total Consideration and accrued interest on the Settlement Date, expected to be July 23, 2025 [10][7] - The Offers are subject to conditions, including the Consideration Cap Condition, which limits the total amount payable [11][16] Acceptance Priority Levels - The Offers include multiple series of senior notes with varying principal amounts and maturity dates, each assigned an Acceptance Priority Level [3][4] - The highest Acceptance Priority Level is 1, and the lowest is 8, determining the order of acceptance for purchase [8][12] Additional Information - The Company has engaged several financial institutions as joint lead dealer managers for the Offers [17] - D.F. King & Co., Inc. will serve as the Information and Tender Agent for the Offers [18] - Holders are advised to check with their intermediaries for specific submission deadlines related to the Offers [20]

Group 1 - Rogers Communication (RCI) shares increased by 5.1% to close at $31.86, with notable trading volume compared to typical sessions, and a total gain of 13.3% over the past four weeks [1] - The company is achieving steady growth and reducing debt through cost efficiencies, reliable 5G and internet services, and increasing value in its sports assets, despite a competitive environment [2] - The upcoming quarterly earnings report is expected to show earnings of $0.76 per share, reflecting a year-over-year decline of 10.6%, with revenues projected at $3.7 billion, down 0.5% from the previous year [3] Group 2 - The consensus EPS estimate for Rogers Communication has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without trends in earnings estimate revisions [4] - Rogers Communication is classified under the Zacks Diversified Communication Services industry, where Shenandoah Telecommunications (SHEN) also operates, having closed 2.1% higher at $14.3, with an 8.4% return over the past month [4] - Shenandoah Telecom's consensus EPS estimate has also remained unchanged at -$0.2, representing a significant year-over-year decline of 150%, and it holds a Zacks Rank of 3 (Hold) [5]

Core Viewpoint - Rogers Communications Inc. has successfully acquired BCE's 37.5% ownership stake in Maple Leaf Sports & Entertainment (MLSE) for C$4.7 billion, increasing its ownership to 75% and reinforcing its commitment to Canadian sports [2][3]. Group 1: Acquisition Details - The acquisition closed on July 1, 2025, after receiving all necessary regulatory and league approvals [6]. - The purchase price of C$4.7 billion was primarily funded through revolving bank credit facilities and cash on hand [6]. Group 2: Strategic Importance - MLSE is recognized as one of the most prestigious sports and entertainment organizations globally, and Rogers aims to leverage this ownership to enhance its sports portfolio [3][5]. - The acquisition positions Rogers as the largest owner in MLSE, which includes iconic sports teams and strengthens its leadership in Canadian sports [2][5]. Group 3: Investment Commitment - Over the past decade, Rogers has invested more than C$15 billion in Canadian sports and plans to continue this investment to bring championships to Canada [3][4]. - The company has established long-term strategic partnerships with the NHL and various Canadian teams, including a new 12-year agreement for national media rights through 2037-2038 [5].

Group 1 - Investors in Rogers Communications Inc. should monitor stock movements due to high implied volatility in the options market, particularly the July 18, 2025 $40.00 Put option [1] - Implied volatility indicates the market's expectation of future stock movement, suggesting potential significant price changes or upcoming events that could impact the stock [2] - Rogers Communications holds a Zacks Rank 3 (Hold) in the Diversified Communication Services industry, which is in the top 37% of the Zacks Industry Rank, with mixed earnings estimate revisions from analysts [3] Group 2 - The high implied volatility for Rogers Communications may signal a developing trading opportunity, as options traders often seek to sell premium on such options to capture decay [4]

Core Viewpoint - Rogers Communications Inc. has successfully closed a CDN$7 billion equity investment from Blackstone and other Canadian institutional investors, aimed at reducing debt and enhancing operational control over its wireless network [2][4]. Group 1: Investment Details - The CDN$7 billion investment is managed by Blackstone and supported by major Canadian institutional investors including Canada Pension Plan Investment Board, Caisse de dépôt et placement du Québec, Public Sector Pension Investment Board, British Columbia Investment Management Corporation, and Investment Management Corporation of Ontario [2][4]. - Blackstone has acquired a non-controlling interest in a new subsidiary of Rogers that owns part of the wireless backhaul transport infrastructure, while Rogers retains full operational control of its network [3]. Group 2: Strategic Implications - The transaction is seen as a demonstration of investor confidence in Rogers and its assets, with the company aiming to unlock the unrecognized value of critical assets and commit to de-leveraging its balance sheet [4].

Core Viewpoint - Rogers Communications has received all necessary league approvals to acquire Bell's 37.5% stake in Maple Leaf Sports & Entertainment (MLSE), aiming to become the majority owner with a 75% stake [1][2]. Group 1: Acquisition Details - The acquisition deal is valued at C$4.7 billion, which will allow Rogers to expand its ownership in MLSE, a prominent sports and entertainment organization [3]. - Rogers has already received clearance from the Competition Bureau for the acquisition and is awaiting approval from the CRTC for an additional indirect interest in Toronto Raptors Network Ltd (NBA TV Canada) [3]. Group 2: Strategic Importance - Live sports and entertainment are identified as critical components of Rogers' core business strategy, emphasizing the significance of this acquisition for the company's future growth [2]. - The acquisition aligns with Rogers' position as Canada's leading communications and entertainment company, enhancing its portfolio in the sports sector [2][4].

Programming Highlights - Citytv's 2025/26 programming slate features a mix of new seasons, new series, and major live events that contributed to audience growth [2][5] - The new series "The Price is Right Tonight" will be hosted by Howie Mandel and consists of 12 one-hour episodes, set to air in Spring 2026 [5][6] - "Law & Order Toronto: Criminal Intent," which won Best Drama Series at the Canadian Screen Awards, will return for a new season [8] New Series and Events - New unscripted series "On Brand with Jimmy Fallon" will follow Fallon as he starts a marketing agency, featuring Bozoma Saint John as a mentor [10] - The special event "Making of Wicked" will feature Academy Award-nominated stars Ariana Grande and Cynthia Erivo [11] - The summer lineup includes "Bachelor in Paradise" and "Celebrity Family Feud," premiering in July [12] Audience Engagement - Citytv aims to provide premium entertainment experiences tailored to Canadian audiences, focusing on original dramas, lifestyle programming, and live sports [3] - The network emphasizes viewer-driven programming, which advertisers can rely on for consistent audience reach [5] Streaming and Content Availability - All newly announced titles and returning hits will be available for streaming on Citytv+, alongside a vast content library from various networks [13]