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Rogers Awarded Canada's Most Reliable 5G Network by Umlaut
GlobeNewswire News Room· 2025-04-22 15:00
Core Insights - Rogers Communications has been ranked as the most reliable 5G wireless network in Canada by umlaut, reinforcing its leadership in network reliability [1][2] - The company has won umlaut's "Best in Test" wireless benchmark award for seven consecutive years, demonstrating top performance in voice, data, and reliability [2][3] - Rogers has invested over $40 billion in its networks over the last decade and plans to invest an additional $4 billion in capital investments this year [4] Company Commitment - The company is dedicated to providing Canadians with the best networks and plans, emphasizing the importance of reliability for customers [3] - Rogers' 5G network now reaches more than 2,500 communities across Canada, showcasing its commitment to expanding network coverage [4] Benchmarking and Recognition - Umlaut, a global leader in independent benchmarking, conducts extensive drive tests and uses crowdsourced data to measure network performance across over 200 mobile networks in more than 120 countries [3]
Rogers Communications Inc. Announces Successful Completion of Consent Solicitations for Senior Notes to Facilitate Subsidiary Equity Investment
Newsfilter· 2025-04-16 11:00
Core Viewpoint - Rogers Communications Inc. has successfully received the necessary consents to amend the indentures governing its various notes, allowing for a subsidiary equity investment without violating existing covenants [1][2]. Summary by Relevant Sections Amendments to Indentures - The amendments will clarify that the subsidiary equity investment is not subject to the debt limitation covenant of Rogers' subsidiaries and does not constitute a default under the indentures [2]. - For the Shaw Notes, the amendments will align certain non-financial terms with those in other Canadian dollar denominated notes issued by Rogers [2]. Series of Notes - The company has multiple series of notes, including: - US dollar denominated notes with interest rates ranging from 2.90% to 7.50% maturing between 2025 and 2044 [3]. - Canadian dollar denominated notes with interest rates ranging from 3.25% to 6.75% maturing between 2027 and 2052 [3]. Consent Solicitation Details - The consent solicitations expired on April 15, 2025, and supplemental indentures will be executed for each series of notes to implement the amendments [3][4]. - Consent fees will be paid to holders of the notes who provided valid consents prior to the expiration time, with specific timelines for payment based on the type of notes [4]. Future Expectations - The subsidiary equity investment is expected to be consummated in the second quarter of 2025, which will trigger the payment of consent fees [4].
RCI Hospitality Provides Q2 Business Update, Shares Down
ZACKS· 2025-04-09 15:05
RCI Hospitality Holdings, Inc. (RICK) provided an update on its business for the second quarter of fiscal 2025. The company expects to release second-quarter fiscal 2025 results by May 12, 2025. Following the news, its shares declined 7.2% yesterday.Details of RICK’s Q2 RevenuesDuring the fiscal second quarter, RICK reported total sales of $65.4 million, indicating a decline of 8.9% year over year. Same-store sales declined 4.7% year over year.Sales from Nightclubs were $57.1 million, down 3.1% year over ye ...
The NHL and Rogers Announce Monumental 12-Year National Media Rights Deal
Newsfilter· 2025-04-02 11:00
Renews highly coveted and valuable hockey rights long termWill deliver more national games and fewer blackouts to hockey fansRogers is proud to remain the home of NHL hockey TORONTO, April 02, 2025 (GLOBE NEWSWIRE) -- Rogers Communications and the National Hockey League (NHL) today announced a 12-year agreement for the national media rights to NHL games on all platforms in Canada through the 2037-38 season. The $11 billion CDN agreement starts in 2026-27 following the conclusion of the current landmark 12-y ...
RCI Hospitality: Why I'm Considering A Long Position (Rating Upgrade)
Seeking Alpha· 2025-03-27 07:10
Company Overview - RCI Hospitality (NASDAQ: RICK) operates a portfolio of adult nightclubs and a military-themed sports bar and casual dining restaurant chain called Bombshells [1] Market Context - The equity market serves as a powerful mechanism for wealth creation or destruction over the long term, with daily price fluctuations contributing to significant changes in value [1] Investment Strategy - Pacifica Yield focuses on long-term wealth creation by targeting undervalued high-growth companies, high-dividend stocks, REITs, and green energy firms [1]
RCI Hospitality: Profitability Improvements Are Welcome
Seeking Alpha· 2025-03-26 20:41
Core Viewpoint - RCI Hospitality Holdings, Inc. (NASDAQ: RICK) recently reported its Q1 earnings, prompting an analysis of the company's performance over the past year and insights into potential investment opportunities [1]. Company Performance - The analysis focuses on the company's financial results for Q1, which have not been previously covered, indicating a need for deeper insights into its operational performance [1]. Investment Strategy - The company is positioned as a long-term investment opportunity, appealing to investors with a 5-10 year horizon, emphasizing a portfolio strategy that includes a mix of growth, value, and dividend-paying stocks, with a particular focus on value [1].
Rogers Communications 1Q25 Investment Community Teleconference April 23, 2025 at 8:00 a.m. ET
Newsfilter· 2025-03-25 21:30
Core Viewpoint - Rogers Communications Inc. is set to release its first quarter 2025 financial results on April 23, 2025, before the North American financial markets open [1] Financial Results Announcement - The financial results will be distributed via newswire and made available on the company's investor relations website [1] - Management will host a teleconference at 8:00 a.m. ET to discuss the results and outlook with the investment community [1] Teleconference Access - A live webcast of the teleconference will be accessible on the Investor Relations section of Rogers' website [2] - Participants can join the teleconference by dialing 416-639-5883 or 1-844-282-4459 toll-free for North America, using passcode 3793238 [2] Presentation Archive - An archive of the presentation will be available on the investor relations website after the teleconference [3] - A telephonic re-broadcast will be available for two weeks post-teleconference at 412-317-0088 or 1-855-669-9658 toll-free for North America, with access code 9844000 [3] Annual General Meeting - Rogers Communications Inc. will hold its Annual General Meeting of Shareholders on April 23, 2025, at 11:00 a.m. ET, in a hybrid format [4] - The meeting will take place at 333 Bloor Street East, Toronto, Ontario, and will also be available online via webcast [4] Company Overview - Rogers is recognized as Canada's leading communications and entertainment company, with shares traded on both the Toronto Stock Exchange and the New York Stock Exchange [5]
Rogers Recognized as Canada's Most Reliable Internet by Opensignal
Newsfilter· 2025-03-13 13:30
Core Insights - Rogers Communications has been recognized as the most reliable internet provider in Canada by Opensignal, highlighting its commitment to delivering high-quality communications and entertainment experiences [1][2]. Group 1: Company Achievements - Rogers has received back-to-back recognition from Opensignal for overall reliability experience, consistent quality, and download speed [2]. - The company was also acknowledged as Canada's most reliable wireless network last month [2]. - Over the past 20 years, Rogers has invested nearly $70 billion in network infrastructure to enhance reliability and provide multi-gig speeds to almost eight million homes in 2025 [3]. Group 2: Product Offerings - The introduction of Rogers Xfinity late last year is part of the company's strategy to offer industry-leading internet technology and a world-class suite of products [3]. - Rogers Xfinity is designed to support increased gaming, streaming, and overall internet usage for customers [3].
Rogers Communications Inc. Files Annual Report to Shareholders
Newsfilter· 2025-03-06 22:30
Core Viewpoint - Rogers Communications Inc. has filed its 2024 annual report to shareholders, which includes audited financial statements and a focus on sustainability and social impact [1][2]. Financial Statements - The annual report contains Rogers' 2024 audited annual consolidated financial statements along with management's discussion and analysis (MD&A) [2]. Sustainability and Social Impact - For the first time, Rogers has integrated its sustainability and social impact disclosure into the MD&A, reflecting its commitment to these principles in business operations [2]. Availability of Report - The 2024 annual report is accessible on SEDAR+, EDGAR, and the Investor Relations section of Rogers' website, with options for requesting a paper copy at no charge [3]. Company Overview - Rogers Communications Inc. is recognized as Canada's leading communications and entertainment company, publicly traded on both the Toronto Stock Exchange and the New York Stock Exchange [4].
Rogers Recognized as Canada's Most Reliable Wireless Network by Opensignal
Newsfilter· 2025-02-19 17:30
Group 1 - Rogers Communications has been recognized as Canada's most reliable wireless network by Opensignal, highlighting its commitment to quality and reliability in wireless services [1] - The company has invested over $40 billion in its networks over the past decade and plans to invest an additional $4 billion in capital investments this year [2] - Rogers' 5G network now reaches more than 2,500 communities across Canada, reinforcing its position as the largest and most reliable 5G network in the country [2] Group 2 - Rogers has achieved top rankings in 5G Upload Speed and 5G Video Experience, making it the most awarded network by Opensignal [1]