Who Owns Rogers Communications

Who Owns Rogers Communications: Top Shareholders

Who owns Rogers Communications is a question many Canadians and investors ask. Rogers is one of the most influential telecom and media giants in Canada. Its ownership structure combines family control, institutional investors, and public shareholders, making it both a family legacy and a corporate powerhouse.

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Rogers Communications Company Profile

Rogers Communications is a major Canadian telecom and media company. It leads in wireless services, cable television, internet, and media—alongside entertainment assets. It’s a cornerstone in Canada’s communications landscape. Its headquarters are in Toronto. The company is publicly traded on both the TSX (RCI.A / RCI.B) and NYSE (RCI).

Company Details

Rogers was founded in 1960 when Ted Rogers acquired the CHFI-FM radio station. It grew from that modest beginning into a telecommunications and entertainment powerhouse.

By 2024, Rogers reported total revenue of CAD $ 20.6 billion. The breakdown: wireless made up 50%, cable 38%, and media 12% of that revenue. Adjusted EBITDA reached CAD $9.6 billion.

It serves about 12.1 million wireless subscribers with one of the most advanced high-speed networks in Canada. As of end-2024, its LTE network reached around 96% of the Canadian population.

In 2024, it generated approximately CAD $4.59 billion in operating income and CAD $1.73 billion in net income. It held total assets worth CAD $71.4 billion, with equity of about CAD $10.4 billion. The company employed roughly 24,000 people.

Founders

Ted Rogers (Edward S. “Ted” Rogers Jr.) founded the company, drawing inspiration from his father Edward S. Rogers Sr., a radio inventor and pioneer.

Ted Rogers borrowed around $85,000 to purchase CHFI-FM in 1960. He then expanded into television with CFTO-TV in 1961.

He was a trailblazer. In 1985, he helped launch Cantel Inc., Canada’s first national cellular network. In 1994, he acquired Maclean Hunter, doubling the company’s cable and media reach.

Ted Rogers passed away in 2008, but his legacy lives on in the company he built.

Major Milestones

  • 1960: Purchase of CHFI-FM radio station marked the company’s founding.
  • 1961: Launched CFTO-TV, Toronto’s first private television station.
  • 1979: Acquired Canadian Cablesystems Ltd., becoming the largest cable operator globally.
  • 1985: Co-founded Cantel, Canada’s first national cellular network.
  • 1994: Purchased Maclean Hunter Ltd., greatly expanding cable and media operations.
  • 2023: Finalized its massive acquisition of Shaw Communications (~US$20–26 billion), significantly boosting its Western Canada footprint.
  • 2024: Invested heavily in integrating Shaw and expanding its 5G network infrastructure.
  • 2025: Celebrated 65 years since founding. Marked decades of wireless innovation—from first voice services (1G) to today’s 5G+ network.
  • July 2025: Under the executive leadership of Edward S. Rogers III, Rogers doubled its ownership in MLSE to 75%, making it one of the world’s top five professional sports ownership groups.

Who Owns Rogers Communications: Largest Shareholders

Who Owns Rogers Communications (Largest Shareholders)

Rogers Communications is a publicly traded company listed on the Toronto Stock Exchange (TSX: RCI.A, RCI.B) and the New York Stock Exchange (NYSE: RCI). Its ownership structure is unique, combining family control with broad institutional and public investment.

The Rogers family, through the Rogers Control Trust, remains the dominant force, holding about 27.3% of equity (142 million shares) but controlling the majority of voting rights due to a dual-class share structure. This setup ensures that the family retains decision-making authority over the company’s strategic direction, board composition, and leadership appointments.

Beyond the family’s influence, institutional investors collectively own more than half of the company’s shares, with leading stakeholders such as Fidelity International, BMO Asset Management, CIBC, and RBC Global Asset Management holding multi-million share positions.

Mutual funds, pension plans, and ETFs also account for a substantial portion of ownership, giving millions of Canadians indirect exposure to Rogers through their retirement and investment accounts.

Here’s a list of the major shareholders of Rogers Communications as of August 2025:

Shareholder / GroupOwnership %Approx. Shares OwnedDetails & Influence
Rogers Control Trust (Edward S. Rogers III & family)27.3% equity (majority voting control via Class A shares)~139M sharesHolds super-voting Class A shares, giving the Rogers family decisive control over strategy, board appointments, and governance despite owning less than one-third of total equity.
Fidelity International6.5%~33M sharesGlobal asset manager investing on behalf of funds and pensions. Influential institutional shareholder with significant say in governance debates and shareholder resolutions.
BMO Asset Management4.3%~22M sharesPart of the Royal Bank of Canada, the largest Canadian bank. Brings financial influence and sector integration.
CIBC Asset Management3.0%~15M sharesRepresents both retail and institutional investors. Provides domestic backing from one of Canada’s major banks.
RBC Global Asset Management2.2%~11M sharesInvestment arm of the National Bank of Canada. Represents institutional and retail investors through mutual funds.
1832 Asset Management (Scotiabank subsidiary)2.0%~10M sharesManages Dynamic Funds and ScotiaFunds. Represents the savings of Canadian retail investors while contributing to institutional balance.
Beutel Goodman & Company2.0%~10M sharesCanadian value-focused investment manager. Active in governance, investing in undervalued long-term assets.
National Bank Investments1.7%~8.6M sharesInvestment arm of National Bank of Canada. Represents institutional and retail investors through mutual funds.
Mackenzie Financial Corporation1.6%~8.1M sharesLarge Canadian asset manager, heavily involved in retirement portfolios. Maintains exposure to telecom for stability.
Arrowstreet Capital (Boston, USA)1.6%~8.1M sharesGlobal investment firm representing foreign institutional capital. Shows international confidence in Rogers’ business model.
Mutual Funds & ETFs (diversified holdings)24.7%~126M sharesIncludes funds like Fidelity Canadian Large Cap and Scotia Dividend Fund. Represents millions of Canadians investing indirectly via pensions and retirement funds.
Other Institutional Investors (incl. BlackRock, Vanguard, pensions, insurers)56.5% (collective, incl. above names)~288M sharesGlobal index funds and pensions with stabilizing long-term holdings. Passive but highly influential in governance alignments.
Retail & Public Shareholders18.8%~96M sharesIndividual investors, employees, and DRIP participants. Important for liquidity and long-term income stock reputation.
Insider Holdings (directors, executives)<1%<5M sharesSymbolically important for alignment. Mostly held via stock options and equity incentives.

Rogers Control Trust

The Rogers Control Trust is the single most important shareholder in Rogers Communications. It holds about 27.3% of the company’s equity, equal to roughly 142 million shares, but commands majority control due to a dual-class share structure.

The Trust holds super-voting Class A shares, which grant it far greater voting power than ordinary Class B shares. This arrangement ensures that even though the family owns less than one-third of the company, they still control the board of directors and key strategic decisions. The Trust is chaired by Edward S. Rogers III, who plays a decisive role in guiding corporate governance, executive appointments, and mergers.

This structure reflects the legacy of Ted Rogers, who designed the system to keep the company under family influence even as it expanded into a publicly traded powerhouse.

Fidelity International

Fidelity International is one of the largest institutional investors in Rogers, holding around 6.5% of shares, about 34 million shares, as of 2025. As a global asset management firm, Fidelity invests on behalf of pension funds, mutual funds, and other institutional clients.

Its stake represents confidence in Rogers’ ability to generate long-term growth through wireless, broadband, and media assets. While Fidelity does not hold the same voting power as the Rogers family, its size makes it one of the most influential voices among institutional investors. It typically plays a role in shareholder resolutions, governance debates, and investment oversight.

BMO Asset Management

BMO Asset Management controls about 4.3% of Rogers Communications, equal to nearly 22 million shares. As the investment arm of the Bank of Montreal, one of Canada’s Big Five banks, BMO manages mutual funds, ETFs, and pension assets.

Its stake makes it a key domestic institutional investor with direct exposure to Canada’s telecom sector. BMO tends to focus on stable, dividend-paying companies, which aligns with Rogers’ consistent cash flow from wireless and cable operations. While it does not challenge the Rogers family’s control, BMO’s voting power adds weight to governance matters and shareholder engagement.

CIBC Asset Management

CIBC Asset Management owns close to 3% of Rogers shares, around 15 million shares. As part of the Canadian Imperial Bank of Commerce group, this investment arm represents both institutional and retail investors through funds and portfolios.

Its presence signals strong backing from another major Canadian financial institution. CIBC’s stake is meaningful enough to give it a seat at the table in proxy votes and corporate governance, but like other institutional holders, it operates within the limits of the Rogers family’s dominant control.

RBC Global Asset Management

RBC Global Asset Management, part of Royal Bank of Canada, holds approximately 2.2% of Rogers Communications, or about 11 million shares. RBC is Canada’s largest bank, and its asset management division is one of the biggest in the country.

This makes RBC’s investment in Rogers more than just financial—it also reflects the integration between Canada’s financial and telecom sectors. Although its ownership is relatively modest compared to others, RBC’s weight as an institution ensures its influence in governance debates, proxy voting, and shareholder consultations.

1832 Asset Management

1832 Asset Management, a subsidiary of Scotiabank, owns about 2% of Rogers shares, or roughly 10 million shares. This investment firm manages funds like Dynamic Funds and ScotiaFunds, which means its ownership reflects the savings of thousands of Canadian investors.

With its parent company being one of Canada’s largest banks, 1832 has a long-term perspective on dividend-paying companies like Rogers. Its influence is collective, aligning with other institutional investors to provide balance against the concentrated control of the Rogers family.

Beutel Goodman & Company

Beutel Goodman holds nearly 2% of Rogers Communications, equal to about 10 million shares. This Canadian investment management firm is known for its value-oriented strategies, typically buying companies it considers undervalued relative to long-term fundamentals.

Its position in Rogers suggests confidence in the company’s steady cash flow and potential for long-term appreciation. While its voting power is limited compared to larger shareholders, Beutel Goodman is an active institutional investor and participates in governance dialogues with management.

National Bank Investments

National Bank Investments owns around 1.7% of Rogers, or approximately 9 million shares, as of 2025. It is the investment subsidiary of the National Bank of Canada and manages a wide range of mutual funds and investment portfolios. Its ownership may appear small, but as part of Canada’s sixth-largest bank, its influence carries weight in the financial community.

Through its pooled funds, it represents retail and institutional investors alike, giving it a broader base of interest in Rogers’ performance.

Mackenzie Financial Corporation

Mackenzie Financial, one of Canada’s largest asset management companies, controls about 1.6% of Rogers Communications, equal to nearly 8 million shares. Mackenzie is widely recognized for managing diversified funds across equity and fixed income, making it a staple in Canadian retirement portfolios.

Its stake in Rogers is part of its strategy to maintain exposure to essential sectors like telecommunications. Mackenzie’s presence further diversifies the institutional ownership base and signals confidence in Rogers’ stability.

Arrowstreet Capital, Limited Partnership

Arrowstreet Capital, based in the United States, holds about 1.6% of Rogers, or close to 8 million shares. This Boston-based global investment firm manages assets for pension plans and institutional clients. Unlike Canadian-focused institutions, Arrowstreet represents international investor confidence in Rogers’ business model.

Its involvement highlights the appeal of Rogers as a stable, dividend-generating company to global investors, even in a competitive telecom market.

Mutual Funds & ETFs

Mutual funds and ETFs collectively account for about 24.7% of Rogers shares, which translates to nearly 129 million shares. This category includes diversified funds such as the Fidelity Canadian Large Cap Fund and the Scotia Canadian Dividend Fund, which each hold small but significant positions.

These investments mean that millions of Canadians indirectly own a stake in Rogers through their retirement accounts, pensions, and savings plans. While these funds are typically passive investors, they collectively hold large voting power, often aligning with institutional peers on governance issues.

Other Institutional Investors

Beyond the named entities, other institutional investors collectively control around 56.5% of Rogers shares, equal to roughly 295 million shares. This group includes global pension funds, index fund managers like BlackRock and Vanguard, and insurance companies.

Their involvement ensures that Rogers is not only a Canadian telecom leader but also a company watched by global investors. These institutions play a stabilizing role, holding shares for long-term growth and dividends.

Retail & Public Shareholders

Retail investors, including individuals and employees, hold about 18.8% of shares, or approximately 98 million shares. While they lack concentrated control, they remain important to the company’s shareholder base. Many hold shares through direct purchases or participation in dividend reinvestment plans. Their presence reflects public confidence in Rogers as a long-term income stock, and collectively, they add liquidity to the market.

Insider Holdings

Company insiders, including directors and senior executives, collectively own less than 1% of Rogers stock, equal to under 5 million shares. While this is a small proportion, insider ownership remains symbolically important. It demonstrates management alignment with shareholder interests and ensures that decision-makers share in the company’s financial performance.

Much of this ownership comes through stock options and equity incentive programs, reinforcing a link between company performance and leadership compensation.

Who is the CEO of Rogers Communications?

Rogers Communications is led by President and CEO Tony Staffieri, who plays a pivotal role in shaping the company’s strategic and operational direction in 2025. He oversees core businesses—including wireless, residential services, media, and sports—and has guided Rogers through integration, innovation, and growth initiatives.

Reporting to the board chaired by Executive Chair Edward S. Rogers III, Staffieri’s leadership maintains the balance between family legacy control and professional management.

PeriodRole & Highlights
Pre-2021CFO of Rogers; led finance and operational improvements
Nov 2021Named interim President & CEO
Jan 2022Appointed permanent President & CEO
2024–2025Guided Rogers through acquisition integration and strategic growth
2025 AGMOutlined vision for asset leverage, deleveraging, and long-term growth

Early Career and Internal Advancement

Tony Staffieri joined Rogers Communications after a distinguished career with financial and consulting firms. He held senior roles at PricewaterhouseCoopers, Celestica International, and Bell Canada Enterprises. At Rogers, he spent nearly a decade as Chief Financial Officer, where he drove financial discipline, operational execution, and customer experience improvements. His performance in that role laid the groundwork for his ascent to the CEO position.

CEO Appointment and Governance Structure

Staffieri initially assumed the role of interim CEO in November 2021 amid a period of internal reshuffling. His appointment was made permanent in early 2022. He leads Rogers’ executive team and handles daily operations while collaborating closely with the board. Edward S. Rogers III continues to guide long-term strategy as Executive Chair, ensuring staffieri’s execution aligns with the company’s broader direction.

Strategic Leadership in 2025

Under Staffieri’s leadership in 2025, Rogers maintained strong financial performance and strategic momentum. Highlights include:

  • Delivering revenue and EBITDA growth across wireless, cable, and media.
  • Completing a $7 billion equity investment to accelerate balance sheet deleveraging.
  • Achieving 75% ownership of Maple Leaf Sports & Entertainment, boosting the sports and media asset value, and unlocking shareholder value.
  • Securing a landmark 12-year, C$11 billion deal for nationwide NHL broadcast rights, reinforcing Rogers’ role as Canada’s premier sports media company.

In Staffieri’s own remarks during the 2025 Annual General Meeting, he emphasized the company’s focus on disciplined execution, leveraging its blend of wireless, media, and sports assets, and navigating market challenges while preserving long-term growth.

Broader Leadership Role and External Influence

Beyond CEO responsibilities, Staffieri holds influential board positions. He serves as Deputy Chair on the board of Maple Leaf Sports & Entertainment, reflecting Rogers’ deepening commitment to sports and entertainment. He is also Honorary Chair of the Toronto Metropolitan University (formerly Ryerson University) Board of Governors, showing his active involvement in community and educational leadership.

Rogers Communications Annual Revenue and Net Worth

Rogers Communications Annual Revenue and Net Worth 2015-25

Rogers Communications remains one of Canada’s most valuable telecom and media companies in 2025. The company reported an annual revenue of C$20.8 billion for the year, reflecting steady growth across its wireless, cable, and media businesses.

Its market capitalization, often used as a measure of net worth, reached around $19.3 billion (about C$27 billion) in mid-2025. These figures highlight the company’s strong financial standing and its ability to maintain dominance in a highly competitive market.

Here’s an overview of the annual revenue and net worth of Rogers Communications from 2015-25:

YearRevenue (USD billions)Estimated Net Worth / Market Cap (USD billions)
20158.118.5
20167.917.2
20178.424.1
20188.925.6
20198.727.0
20207.923.4
20218.929.2
20229.024.7
202310.720.8
202415.219.5
2025*15.419.3

Annual Revenue in 2025

Rogers Communications generated an annual revenue of approximately C$20.8 billion for the trailing twelve months ending June 30, 2025. This represents modest year-over-year growth of around 1.9 percent, reflecting stable demand across its core businesses, including wireless, cable, and media services.

On a quarterly level, total revenue for the second quarter of 2025 reached C$5.22 billion, exceeding analyst expectations and fueling further confidence in the company’s operational momentum.

Quarterly results also show resilience and segment-level strength, with media revenue surging by 10 percent due to increased sports viewership and content expansions. These numbers underscore Rogers’ ability to leverage its diverse asset base and strong brand equity in a competitive Canadian telecom market.

Net Worth

As of August 2025, Rogers Communications’ market capitalization—often viewed as its “net worth”—stood at approximately $19.3 billion, placing it among the top large-cap Canadian listed companies.

On the Canadian dollar scale, the company recorded a market value of around CAD 27 billion, representing a slight decline of nearly 7 percent over the past year.

Despite some volatility, this valuation reflects market confidence in Rogers’ long-term earnings potential, backed by strong recurring revenues and valuable sports and media holdings.

Under the leadership of management, Rogers achieved steady top-line growth and delivered robust operational results. The company secured strong service revenue growth and expanded earnings across key business lines.

On the valuation side, Rogers’ overall worth remains significant, supported by both its diversified revenue streams and its strategic media and sports holdings. The stability of its market capitalization, even amid fiscal fluctuations, speaks to Rogers’ position as a major industry player in Canada.

Companies Owned by Rogers Communications

Rogers Communications has built a diverse portfolio of companies, brands, and entities that extend across telecommunications, media, sports, and entertainment.

As of 2025, it owns and operates a wide range of businesses that strengthen its position as one of Canada’s largest telecom and media giants.

Below is a list of primary companies and brands owned by Rogers Communications as of 2025:

Company/Brand/EntityIndustry/CategoryDescriptionOwnership/Status
Rogers WirelessTelecommunications (Wireless)Provides nationwide mobile services under Rogers, Fido, and Chatr brands.Fully owned by Rogers Communications
FidoTelecommunications (Wireless)Mid-tier mobile brand acquired in 2004, targeting value-conscious customers.Operates under Rogers Wireless
Chatr MobileTelecommunications (Wireless)Low-cost mobile service aimed at budget users.Operates under Rogers Wireless
Rogers InternetTelecommunications (Internet & Cable)Offers broadband internet, cable TV, and IPTV services across Canada.Fully owned by Rogers Communications
Rogers Ignite TVMedia/EntertainmentIPTV and streaming platform combining TV and internet services.Operates under Rogers Internet
Rogers BusinessTelecommunications (Enterprise)Provides wireless, internet, IoT, and managed services for businesses.Fully owned by Rogers Communications
Rogers MediaMedia & BroadcastingOversees TV, radio, and digital media assets.Subsidiary of Rogers Communications
CitytvTelevision NetworkBroadcast network offering local and national content across major cities.Operates under Rogers Media
SportsnetSports BroadcastingLeading Canadian sports network with multiple regional channels.Operates under Rogers Media
Toronto Blue JaysProfessional SportsCanada’s only Major League Baseball (MLB) team.Fully owned by Rogers Communications
Rogers CentreStadium & VenueHome stadium of the Toronto Blue Jays and a multipurpose event space.Fully owned by Rogers Communications
FX CanadaTelevision NetworkSpecialty channel offering international series and original programming.Operates under Rogers Media
OMNI TelevisionMulticultural TelevisionNetwork providing multilingual and multicultural programming across Canada.Operates under Rogers Media
The Shopping Channel (TSC)Retail/MediaHome shopping television and e-commerce platform.Fully owned by Rogers Communications
Rogers Smart Home MonitoringHome Security/IoTOffers smart home, alarm, and monitoring services.Fully owned by Rogers Communications
Shaw Communications (2023 acquisition)Telecommunications & CableMajor acquisition that expanded Rogers’ cable and internet footprint, especially in Western Canada.Fully owned and integrated into Rogers Communications
Freedom Mobile (spun off during Shaw deal)Telecommunications (Wireless)Was part of Shaw, but divested to Videotron as part of merger conditions.No longer owned by Rogers after 2023

Rogers Wireless (Rogers Wireless Inc.)

Rogers Wireless is the company’s largest and most valuable operating arm. It provides mobile voice, data, and 5G services to millions of Canadian subscribers. The business includes post-paid and prepaid plans, business mobile solutions, and wholesale arrangements with resellers.

In 2025, Rogers Wireless remains the primary driver of service revenue and EBITDA. The unit invests heavily in network densification, spectrum management, and 5G evolution. It also supports product brands and sub-brands, partners for device financing, and enterprise mobility services. Network reliability, spectrum holdings, and roaming agreements make Rogers Wireless a strategic cornerstone of the company.

Fido Solutions (Fido)

Fido operates as a consumer-focused mobile brand under the Rogers umbrella. It targets value-conscious customers while helping Rogers segment the market. Fido sells discounted plans, promotional device bundles, and add-on services. It helps Rogers compete in urban and youth segments without diluting the premium positioning of the main Rogers brand.

In operational terms, Fido runs on the same network infrastructure as Rogers Wireless and contributes subscriber scale, ARPU management strategies, and churn balancing to the consolidated wireless business.

Rogers Cable & Rogers Ignite

Rogers Cable and the Ignite product family deliver cable television, high-speed internet, home phone, and smart-home services. Ignite is Rogers’ converged platform that bundles TV, Internet, and home wireless solutions with streaming and smart home integration.

The cable division services millions of households across Ontario and parts of Atlantic Canada. It provides linear and on-demand video, advanced set-top features, broadband tiers, and residential Wi-Fi. Cable and Ignite remain important for bundled average revenue per user and for cross-selling wireless and financial services.

Rogers Internet and Home Connectivity

This group focuses on fixed broadband, home Wi-Fi, and residential connectivity services. It operates DOCSIS and fiber-to-the-node/fiber-to-the-premises infrastructure, and it is expanding fiber deployments in key markets. Rogers Internet supports business continuity, home work and learning trends, and streaming growth.

It also powers IPTV and on-demand packages through the Ignite platform. Investment in fiber and last-mile upgrades is a key part of Rogers’ mid-term capital plan to sustain competitive speeds and lower latency.

Rogers for Business and Enterprise Solutions

Rogers for Business serves small, medium, and large enterprise customers. It provides managed connectivity, cloud and networking solutions, IoT platforms, security services, and unified communications. The unit packages wireless and fixed connectivity with professional services and SLAs.

It is an important margin contributor because enterprise contracts tend to have multi-year terms and higher ARPU than consumer plans. Rogers for Business also partners with technology providers and system integrators to deliver vertical solutions for retail, healthcare, transport, and manufacturing.

Rogers Bank

Rogers Bank operates credit products, including branded credit cards and loyalty financing solutions. The bank leverages customer relationships across telecom and media to offer co-branded financial services.

Its products are designed to deepen customer engagement and increase wallet share by integrating financial incentives, loyalty points, and device financing. Rogers Bank plays a strategic role in customer retention across multiple consumer touch points and provides incremental fee and interest income to the consolidated group.

Rogers Media

Rogers Media encompasses a broad portfolio of television, radio, and digital assets. Sportsnet is Rogers’ flagship sports television network group, operating multiple regional channels, national programming, and digital streaming for sports content. Citytv is a major conventional television broadcaster serving urban markets with local news and entertainment programming.

OMNI serves multilingual audiences with foreign-language programming. Rogers also operates radio stations under the Rogers Radio banner and consumer TV properties such as The Shopping Channel. Media assets are central to Rogers’ content distribution strategy and create cross-sell and advertising revenue opportunities tied to big sports rights and live programming.

Sportsnet Digital & Streaming Platforms

Complementing linear channels, Rogers operates digital streaming services and sports-centric apps that carry live games, highlights, and premium content. These platforms are designed to monetize live sports, subscription revenue, and targeted advertising. Integration with Rogers’ wireless and broadband customer base allows promotions, bundled content offerings, and exclusive experiences—strengthening the media-telecom convergence strategy.

Rogers Radio

Rogers Radio owns and operates a network of FM and AM radio stations across Canada. These stations supply local news, music programming, and syndicated shows. They also act as promotional channels for Rogers’ wider businesses and provide local advertising revenue. The radio group supports community engagement and strengthens Rogers’ brand presence in regional markets.

Toronto Blue Jays

Rogers is the sole owner of the Toronto Blue Jays. Ownership of an MLB franchise offers direct access to live sports content, sponsorship inventory, and ticketing and hospitality revenues. It also provides promotional synergies with Sportsnet and other Rogers platforms.

The Blue Jays are an asset that generates both commercial revenue and brand value, and they feed into Rogers’ broader sports strategy focused on exclusive content and fan engagement.

Maple Leaf Sports & Entertainment (MLSE)

Rogers is the majority owner of Maple Leaf Sports & Entertainment, holding a 75% interest following its acquisition of an additional stake in 2025. MLSE owns and operates premium professional sports properties, including the Toronto Maple Leafs (NHL), Toronto Raptors (NBA), Toronto FC (MLS), and the Toronto Argonauts (CFL), along with Scotiabank Arena and related venue operations.

As the majority owner, Rogers controls strategic direction, commercial rights, and sponsorship frameworks across these assets. The MLSE acquisition materially increases Rogers’ leverage over live sports content, regional media rights, venue partnerships, and experiential revenue streams such as premium seating, concessions, and venue advertising.

Sports Partnerships, Sponsorships, and Event Rights

Rogers holds long-term, high-value sports media rights that underpin its content strategy. These contracts include multi-year agreements for national and regional broadcasts. Rights deals drive subscriptions, advertising, and cross-platform distribution on Sportsnet and Rogers’ streaming services.

Exclusive rights also enable Rogers to create premium sports ad inventory and sponsorship packages with national brands. Sports rights are a strategic differentiator that link the company’s media and wireless customer bases.

Regional and Community TV: Rogers TV and Local Channels

Rogers operates community channels branded as Rogers TV in English and TV Rogers in French in select markets. These channels focus on local programming, community events, and franchise content for cable subscribers. They serve public-interest broadcasting roles and offer local advertisers a targeted platform. Community channels also support grassroots content and act as local stages for Rogers’ regional marketing efforts.

Shaw-Acquired Assets and Integration

After completing the Shaw transaction, Rogers absorbed a broad set of cable, broadband, and infrastructure assets that expanded its western Canada footprint. These assets include additional residential and business subscribers, network fiber and backbone assets, regional customer bases, and operational centers.

The Shaw integration strengthened Rogers’ national scale in broadband and helped consolidate network coverage. As part of the transaction terms, certain wireless assets such as Freedom Mobile were divested, but the core Shaw consumer and wholesale broadband capabilities were integrated under Rogers’ operating divisions to improve national reach and cost synergies.

Content Production and Studios

Rogers owns production facilities and studios used to create original programming, sports shows, and digital content. These production capabilities allow the company to control content pipelines for Sportsnet and Citytv, reduce third-party production costs, and create owned intellectual property. Content production is an increasingly important strategic lever as streaming and on-demand viewing grow.

Advertising and Marketing Platforms

Rogers operates advertising sales and technology platforms that monetize its large audiences across TV, radio, digital, and mobile. These platforms combine first-party audience data from wireless and broadband customers with inventory on Sportsnet, Citytv, and digital properties to offer targeted advertising solutions. The adtech capability is designed to extract higher CPMs and create cross-sell opportunities for national advertisers.

Consumer Retail and Device Ecosystem

Rogers maintains a retail footprint, including corporate stores and authorized dealers. These outlets sell wireless devices, home services, and bundled packages. Device financing and insurance products are integrated with Rogers Bank and billing services. Retail channels are an important customer acquisition and service point that support churn reduction and upsell activity.

IoT, Wholesale and Partner Services

Rogers provides wholesale connectivity, MVNO arrangements, and IoT platforms for industrial and consumer applications. Wholesale services include partner MVNO agreements, enterprise APNs, and IoT connectivity for smart meter, fleet, and asset-tracking customers. These services diversify revenue and leverage Rogers’ network capacity for new commercial uses.

Technology and Network Infrastructure

Rogers owns significant physical infrastructure, including regional data centers, fiber backbones, and network aggregation points. These assets underpin its consumer and enterprise services and provide potential monetization routes through colocation and wholesale bandwidth sales. Investments in fiber, edge computing, and low-latency routes are central to futureproofing the business.

Rogers Rewards

Rogers maintains loyalty programs and customer experience platforms that tie together mobile, internet, and media benefits. These programs drive retention through perks, exclusive content access, and partner offers. Loyalty platforms are used to increase lifetime value and to promote cross-product bundling.

Conclusion

Who owns Rogers Communications? The answer lies in the Rogers Control Trust, which secures the family’s legacy and leadership through its powerful voting shares. Edward S. Rogers III leads this trust while Tony Staffieri directs day-to-day management. The company continues to grow, with vast revenue streams, a multi-billion-dollar valuation, and ownership of iconic sports and media brands. Rogers Communications remains both a Canadian family legacy and a modern telecom empire.

FAQs

Who is the owner of Rogers Communications?

Rogers Communications is publicly traded, but it is controlled by the Rogers family through a trust that holds the majority of voting shares. While many institutional investors own parts of the company, the Rogers family remains the ultimate decision-maker.

What company is Rogers owned by?

Rogers Communications is not owned by any other company. It is an independent Canadian corporation listed on the Toronto Stock Exchange and the New York Stock Exchange.

Who is the largest shareholder of Rogers?

The largest shareholder is the Rogers Control Trust, which represents the Rogers family’s interests. The trust controls about 97.5% of Class A voting shares, giving the family effective control of the company.

Who owns Rogers Group Inc?

Rogers Group Inc, often used interchangeably with Rogers Communications, is owned by its shareholders. The Rogers family holds control through their trust, while institutional investors like Vanguard, Capital Group, and Royal Bank of Canada own significant portions of non-voting Class B shares.

Does Rogers own Telus?

No, Rogers does not own Telus. Telus is a separate Canadian telecommunications company and one of Rogers’ main competitors, along with Bell Canada.

Is Rogers Canadian or American?

Rogers Communications is a Canadian company. It was founded in Toronto in 1960 and is headquartered in Toronto, Ontario.

Who is the Rogers family?

The Rogers family are descendants of founder Edward Samuel “Ted” Rogers. The family controls Rogers Communications through the Rogers Control Trust, which ensures that they retain voting power and influence over company decisions.

Does Rogers work outside of Canada?

Rogers primarily operates in Canada. However, through roaming agreements, its mobile customers can use Rogers services internationally, including in the United States and other countries.

Does Rogers have the USA network?

No, Rogers does not own or operate USA Network. USA Network is an American cable channel owned by NBCUniversal, which is part of Comcast.

Is Rogers owned by Comcast?

No, Rogers Communications is not owned by Comcast. It is an independent Canadian company controlled by the Rogers family. Comcast is a separate U.S.-based media and telecom giant.

Which phone companies use Rogers?

Several smaller carriers, known as Mobile Virtual Network Operators (MVNOs), use Rogers’ network. Examples include Fido (owned by Rogers itself), Chatr, and other regional providers that lease Rogers’ infrastructure to offer service.

What is the largest cable company in Canada?

Rogers Communications is one of the largest cable and internet providers in Canada, competing closely with Bell and Telus. After acquiring Shaw Communications in 2023, Rogers became the largest cable provider in the country.

What does Rogers own in Canada?

Rogers owns a wide range of businesses in Canada. This includes Rogers Wireless, Fido, Chatr, Rogers Internet, Rogers Ignite TV, Sportsnet, Citytv, OMNI Television, and the Toronto Blue Jays baseball team. The company also acquired Shaw Communications in 2023, expanding its broadband and cable services across Western Canada.

What is the Rogers Control Trust?

It is a family trust that holds about 27% of the company’s shares and the majority of voting power, giving the Rogers family effective control.