Rogers Cable is a key division of Rogers Communications, a prominent Canadian telecommunications and media company. The ultimate owner of Rogers Communications, and by extension Rogers Cable, is the Rogers family, which exerts control through the Rogers Control Trust.
Understanding Rogers Communications Ownership
Rogers Communications operates as a publicly traded company, but its controlling stake rests with the Rogers family. This unique ownership structure ensures the family's long-term vision and influence over the company's strategic direction.
- Rogers Control Trust: This trust is the primary vehicle through which the Rogers family maintains its controlling shareholder position. It is administered by Scotiabank, providing an institutional framework for the family's governance. This structure allows the family to control the majority of voting shares, even if their direct equity ownership is not 50% or more.
- Controlling Shareholder: The Rogers family, through the Rogers Control Trust, holds a controlling interest, meaning they have significant influence over major corporate decisions, including board appointments and strategic initiatives for all Rogers entities, including Rogers Cable.
Key Financials of Rogers Communications
As of 2023, Rogers Communications boasts substantial financial metrics, reflecting its significant presence in the Canadian market.
| Financial Metric | Value (2023) |
|---|---|
| Total Assets | CA$69.282 billion |
| Total Equity | CA$10.440 billion |
These figures underscore the scale of operations and investment that the Rogers family, through Rogers Communications, oversees across its various divisions, including its extensive cable services.
About Rogers Communications
Rogers Communications is one of Canada's largest communication and media companies, providing a wide array of services including:
- Wireless Services: Through its Rogers, Fido, and Chatr brands.
- Cable Television and Internet: Offered via Rogers Cable, one of its core businesses.
- Phone Services: Both residential and business landline services.
- Media Assets: Including television and radio broadcasting (Sportsnet, Citytv), and publishing.
The company's broad portfolio means that its ownership structure impacts a significant portion of Canada's telecommunications and media landscape. For more detailed information, you can visit the Rogers Communications Wikipedia page.
