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Canadian investors to acquire international telecom

telecom | 11/02/2016 7:28 pm EDT

A Canadian investment group has announced its intention to purchase the majority share in a United States-based telecommunications company, Trilogy International Partners, which has services in New Zealand and Bolivia. According to the release, Alignvest Acquisition Corp. is a special purpose acquisition corporation “formed for the purpose of effecting an acquisition of one or more businesses or assets.”  Among those “expected to be investors and/or serve on the board” of the newly combined company include former Rogers Communications Inc. CEO Nadir...

Rogers’ hockey content brings Sportsnet neck-to-neck with TSN

Media | 06/02/2015 9:22 pm EDT

Rogers Communications Inc. and BCE Inc. both used Numeris data Tuesday to proclaim their sports channel is No. 1 in the market, a virtual tie that Rogers said was enabled by its hockey content. Sportsnet president Scott Moore said Rogers’ five-year, $5.2 billion deal with the NHL, which began this broadcast year, was one of the main reasons for Sportsnet’s significant growth in audience. “There has been gigantic growth … If you put it in historical and global context, five years ago, if you took these same metrics, we were half of TSN’s audience,” Moore...

Nadir Mohamed to lead venture-capital fund

Media | 04/27/2015 7:24 pm EDT

Former Rogers Communications Inc. CEO Nadir Mohamed will lead a new venture-capital fund created by the Ontario government, the office of Premier Kathleen Wynne said on Monday. Mohamed will lead a council of about 30 business...

Rogers paid almost $40 million to CEOs last year

Media | 04/17/2014 4:47 pm EDT

The incoming and outgoing CEOs of Rogers Communications Inc. racked up almost $40 million in total compensation last year, according to an information circular filed ahead of its annual general meeting next week. That included a...

Rogers’ revenue, profits, Internet users, rise; cable subs fall

Media | 07/24/2013 8:01 pm EDT

Rogers Communications Inc.’s operating revenue rose slightly to $3.2 billion for the second quarter of 2013 from $3.1 billion at the same time last year. The company released its second quarter financial results Wednesday, reporting profits of $532 million from $413 million during the same period a year ago. The...

Mohamed to leave Rogers as mobile, Internet businesses continue to grow

Media | 02/15/2013 11:49 pm EST

President and CEO of Rogers Communications Inc., Nadir Mohamed, will retire in January 2014 to usher in a “new generation of leadership,” Rogers said Thursday. In a release, Rogers said...