TORONTO, June 24, 2022 (GLOBE NEWSWIRE) -- Rogers Communications Inc. plans to release its second quarter 2022 financial results on Wednesday, July 27, 2022, before North American financial markets open. The results will be distributed by newswire and posted at investors.rogers.com. Rogers’ management will host its quarterly teleconference with the investment community to discuss the results and outlook at 8:00 a.m. ET. To access the teleconference, the live webcast will be available on the Inve
Rogers Communications Inc , Shaw Communications Inc and Canada's competition bureau have agreed to start a mediation process to overcome the agency's antitrust issues posed by Rogers' C$20 billion ($15.5 billion) acquisition of Shaw, the competition tribunal said on Friday. The move follows weeks of back and forth between the parties after the antitrust agency blocked Rogers' bid, saying the deal will reduce competition in Canada's concentrated telecoms industry and push up wireless bills.
Canada's competition bureau has blocked Rogers' proposed purchase of Shaw on the grounds that the deal will lessen competition in the telecom sector, leading to increased mobile bills for consumers.