Merging of two emblematic Canadian companies with an entrepreneurial spirit
Creation of a single national cable, media and mobile company
Billions of dollars in investments to bring significant benefits to Canada and Canadians

TORONTO, April 3, 2023 (GLOBE NEWSWIRE) — Rogers Communications Inc. announced today that it has completed its historic merger with Shaw Communications Inc.

“This is a memorable day for our customers, who will benefit from the latest network technology and services, and for our teams, who have worked extremely hard to get us here today,” said Tony Staffieri, President and CEO of Rogers . We’re proud to bring these two legendary companies together to bring more value, more connectivity and more innovation to Canadians. »

Merging of two emblematic Canadian companies with an entrepreneurial spirit
“Rogers and Shaw have been connecting Canadians for over 50 years. We are excited to join forces and create a company built on a shared heritage of investment, innovation and entrepreneurship, said Edward Rogers, Rogers CEO. As a proud Canadian company, we have been investing in Canada and Canadians for decades. »

In the past 10 years alone, Rogers and Shaw have invested more than $40 billion to build the combined company’s world-class networks. This merger builds on the strong investment traditions inherited from JR Shaw and Ted Rogers, two of Canada’s greatest entrepreneurs.

“For more than 50 years, Shaw has been in millions of homes and thousands of communities across Canada. Today we are closing one chapter in our story and, together with Rogers, beginning another that will give more Canadians access to better networks and increased connectivity to rural, remote and Indigenous communities,” said Brad Shaw, former President and CEO. Look. By investing in, and giving Canadians access to, next-generation fast networks, my family and team members at the new combined company look forward to continuing to develop Shaw’s legacy while helping usher in a new wave of competition and innovation . »

As a result of the merger, the Shaw family became one of the largest shareholders in Rogers. Brad Shaw and Trevor English, Shaw’s former senior vice president and chief financial and corporate development officer, have been nominated for appointment to Rogers’ board of directors. They are expected to be appointed there on April 4, 2023.

Building a national business from coast to coast
The merger brings together the nation’s largest 5G network and a ubiquitous fixed-line company that brings fiber internet access to nearly 70% of homes nationwide.

Rogers forms a national company with significant assets with Shaw to offer attractive bundled services nationwide. Together, we will bring together more products for more Canadians, including Internet, television, phone and home automation systems, wireless services, credit cards, and sports and media content.

“We plan to consolidate our products and services to Canadians in an unprecedented way,” added Tony Staffieri. This is a major achievement and we can now offer even more value to consumers and businesses through Canada’s largest and best national network. »

Invest billions of dollars to bring significant benefits to Canada and Canadians
Over the next five years, we’ll be rolling out fast, reliable networks to more communities in western Canada. Here is how :

investor.relations@rci.rogers.com
1-844-801-4792