Tag: wireless

Why Rogers major network outage at one of Canada’s telecom operators banking, transport and governmentRogers is experiencing a major outage across Canada, impacting phone, wireless, and internet services E-transfer debit card

Acquisition of Shaw, family dispute On March 15, 2021, Rogers announced its intent to acquire Shaw Communications for $26 billion, subject to regulatory and shareholder approval.[22] This proposed acquisition was criticized by public lobby groups like Open Media, as a move that would reduce national competition in Canadian wireless communication by removing one of the four major competitors from the market.[23] On September 29, chief financial officer Tony Staffieri left the company. On October 8, The Globe and Mail reported that this came about following Edward Rogers' attempt to have Staffieri replace Joe Natale, a former Telus executive and the company's third CEO since Ted Rogers' death in 2008. This attempt was opposed by Edward's mother and sisters.[24] Edward Rogers was then removed as chairman of the board, while remaining a board member, on October 21.[25] However, a proposal to remove Edward as chair of the Rogers Control Trust, which holds the majority voting interest in Rogers Communications on behalf of the family, did not receive sufficient support from other members of the trust's advisory committee.[26] The following day, Edward Rogers, in his capacity as chair of the Control Trust, announced he was unilaterally enacting a written shareholder resolution replacing five of the board's independent directors, and two days later convened a meeting at which the "reconstituted" board re-appointed him as chair of the board of Rogers Communications. The legality of the resolution has been disputed by the board members that were purportedly replaced, and by other members of the Rogers family.[27] The CRTC approved the merger on March 24, 2022.[28] In May 2022, the Canadian Competition Bureau requested an order from the Competition Tribunal blocking Rogers’s takeover of Shaw Communications arguing that the deal would substantially lessen competition by eliminating Rogers’ closest competitor in the wireless sector.[29] It also requested an injunction to stop the cable companies from closing the deal until the application can be heard.[29] Corporate governance Rogers Communications is traded on the Toronto Stock Exchange and on the New York Stock Exchange under ticker "RCI". Following the death of Ted Rogers in 2008, control of Rogers Communications passed to the Rogers Control Trust, a trust for which a subsidiary of Scotiabank serves as trustee. Ted's son Edward Rogers and daughter Melinda Rogers serve, respectively, as chairman and vice-chair of the trust.[30][31] The current members of the board of directors of Rogers Communications are:[2] Edward Rogers (Chair of the Board) Melinda Rogers-Hixon (Deputy Chair of the Board) Tony Staffieri (President & CEO) Philip Lind, CM Martha Rogers Robert Gemmell Jake Custance Kerr, CM, OBC Alan Horn, CPA, CA Dr. Mohamed Lachemi Jack Cockwell, CM Michael Cooper Ivan Fecan Jan Innes David Robinson A previous composition of the board was disputed by Edward Rogers, who, in his capacity as chair of the Rogers Control Trust, announced on October 22 that Brooks, Clappison, Jacob, MacDonald, and Peterson had been replaced on the board by Michael Cooper, Jack Cockwell, Ivan Fecan, Jan Innes, and John Kerr.[32] On October 24, this re-constituted board re-appointed Edward Rogers as chair of the board.[32] Despite the Supreme Court of British Columbia's legal affirmation of the changes,[33] they had been described as "invalid" by the three other Rogers family members on the company's board, as well as the replaced individuals.[32] In November 2021, Tony Staffieri succeeded Joe Natale and was appointed the new interim president and CEO.[34] In January 2022, Staffieri was appointed to the position permanently.[35] The senior corporate officers of Rogers Communications currently are:[36] Tony Staffieri (President & CEO) Glenn Brandt (Chief Financial Officer) Jorge Fernandes (Chief Technology and Information Officer) Bret Leech (Chief Human Resources Officer) Marisa Wyse (Chief Legal Officer and Corporate Secretary) Ted Woodhead (Chief Regulatory Officer and Government Affairs) Mahes Wickramasinghe (Chief Administrative Officer) Robert Depatie (President and Chief Operating Officer, Home & Business) Colette Watson (President, Sports and Media) Phil Hartling (President, Wireless) Lisa Durocher (Financial and Emerging Services) Assets and divisions Main article: List of assets owned by Rogers Communications A Rogers store offering services from Rogers Wireless, a wireless telephone subsidiary of the company Assets and divisions of Rogers Communications include: Rogers Communications Inc. Rogers Cable Rogers Wireless Rogers Communications Rogers Smart Home Monitoring Rogers Sports & Media Rogers for Business

Acquisition of Shaw, family dispute On March 15, 2021, Rogers announced its intent to acquire Shaw Communications for $26 billion, subject to regulatory and shareholder approval.[22] This proposed acquisition was criticized by public lobby groups like Open Media, as a move that would reduce national competition in Canadian wireless communication by removing one of the… Continue reading Why Rogers major network outage at one of Canada’s telecom operators banking, transport and governmentRogers is experiencing a major outage across Canada, impacting phone, wireless, and internet services E-transfer debit card