$RCI

Rogers has completed its acquisition of Maple Leaf Sports & Entertainment (MLSE), now owning 100% of the company. MLSE operates teams like the Toronto Maple Leafs, Raptors, and FC, as well as Scotiabank Arena. Rogers plans to invest in these teams and enhance fan experiences. According to Rogers, this acquisition strengthens its sports and entertainment portfolio, making it a unique, world-class company.

Rogers Communications (RCI) completed its full acquisition of Maple Leaf Sports & Entertainment (MLSE) for approximately C$4.35 billion. The company offers a 4.7% dividend yield with a low payout ratio of 16% and is considered modestly undervalued. RCI has a GF Score of 83/100, reflecting strong profitability and valuation but weak financial strength. Institutional interest is mixed, with some gurus increasing stakes while others trim positions.

Rogers Communications Inc. completed its acquisition of Maple Leaf Sports & Entertainment (MLSE) for C$4.35 billion, increasing its ownership to 100%. Rogers plans to invest in building championship teams and enhancing fan experiences. MLSE includes several major sports teams and venues. Rogers will create a new business unit, Rogers Sports, to manage its sports, media, and entertainment assets. The company's shares are traded on the TSX and NYSE.

Freedom Capital Markets kept a Buy rating on Rogers with a $185 price target, implying 20.9% upside. The company aims for $1.5B revenue by 2030, 13% CAGR, driven by datacenter and AI solutions. Projections show 10% revenue growth and 33% adjusted EPS rise, with margin expansion expected.

Mastercard, Flybits, and Rogers Bank announced Canada's first AI-powered agentic commerce transaction using Mastercard Agent Pay. The collaboration aims to establish safeguards for secure, consumer-controlled AI shopping. Mastercard's research shows 41% of Canadians are open to AI shopping assistants, with 53% supporting AI-assisted purchases within set limits. The initiative demonstrates AI's potential to simplify commerce while maintaining security and transparency.

A new report by TelecomTV finds that most telecom operators are prioritizing AI-driven revenue streams over efficiency gains. The AI-Native Telco Index evaluated 56 operators, noting 20 focus primarily on revenue, 28 on a balanced approach, and 6 on efficiency. Bell Canada reported $507m in AI-powered revenues in 2025, while SK Telecom saw 92.5% year-over-year growth in AI datacenter revenues. Indosat Ooredoo Hutchison reported $28m in sovereign AI cloud income in 2025.

Rogers Communications priced $1.59 billion in subordinated notes, including $1 billion in U.S. dollar-denominated notes at 7.150% and 7.400%, and C$600 million in Canadian notes at 6.000%. Proceeds will redeem existing notes. Offerings close September 23, 2026, subject to conditions.

Rogers Communications priced a $1 billion U.S. public offering and a C$600 million Canadian private placement of subordinated notes due 2057. The U.S. notes carry 7.150% and 7.400% rates, while the Canadian notes have a 6.000% rate. Proceeds will redeem or purchase higher-maturity subordinated debt.

Rogers Communications Inc. (TSX: RCI.A, RCI.B, NYSE: RCI) announced a public offering of US$1 billion in fixed-rate subordinated notes and a private placement of Cdn$600 million in similar notes, both due in 2057. The net proceeds will be used to redeem or purchase existing subordinated notes. The offerings are expected to close on September 23, 2026, subject to customary conditions.

Rogers Communications announced the addition of exclusive Sportsnet+ content, including over 150 NHL games, to its Xfinity TV packages at no extra cost. The new content, available from September 29, includes Monday Night Hockey and over 100 additional matchups. This move aims to enhance the sports viewing experience for customers with Sportsnet in their package.