Form 6-K ROGERS COMMUNICATIONS For: Jun 24

 

 

FORM 6-K

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

  

 

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16

of the Securities Exchange Act of 1934

For the month of June, 2015

Commission File Number 001-10805

 

 

ROGERS COMMUNICATIONS INC.

(Translation of registrant’s name into English)

 

 

333 Bloor Street East

10th Floor

Toronto, Ontario M4W 1G9

Canada

(Address of principal executive offices)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F  ¨             Form 40-F  þ

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1).

Yes  ¨             No  þ

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7).

Yes  ¨             No  þ

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes  ¨             No  þ

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-______.

 

 

 

---

Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Date: June 24, 2015

---

Exhibit Index

 

Exhibit Number		Description of Document
99.1		Press Release dated June 24, 2015 – ROGERS INKS DEALS TO IMMEDIATELY BOOST SPEED AND QUALITY FOR WIRELESS CUSTOMERS IN BC, ALBERTA AND SOUTHERN ONTARIO

Exhibit 99.1

ROGERS INKS DEALS TO IMMEDIATELY BOOST SPEED AND QUALITY FOR

WIRELESS CUSTOMERS IN BC, ALBERTA AND SOUTHERN ONTARIO

Purchase of Mobilicity brings continuity of service and certainty to over 150,000 wireless customers

Will exercise option to acquire Shaw’s unused AWS-1 spectrum to meet growing mobile video needs

Toronto, ON (June 24, 2015) — Rogers Communications will immediately boost speed and quality for wireless customers in BC, Alberta and Southern Ontario as part of a series of transactions announced today. The transactions mean Rogers is completing the previously announced acquisition of Shaw’s AWS-1 spectrum and acquiring 100% ownership of Mobilicity. The company is also divesting, post transaction, certain AWS-1 spectrum to WIND Mobile that is contiguous to their spectrum holdings.

“We’re basically adding multiple lanes on our wireless highway in three key markets overnight,” said Guy Laurence, President and CEO of Rogers Communications. “This means faster speeds and better quality for our customers as they use more and more mobile video.”

“The transaction with Rogers provides the best possible outcome for Mobilicity’s customers, dealers and employees,” said Anthony Booth, President of Mobilicity. “Rogers ensures certainty of service for Mobilicity customers, provides a great network, national coverage and high quality products and services. At the same time, Mobilicity employees will have the opportunity to work at a great Canadian company in Rogers.”

The transactions mean Rogers gains significant, previously unused spectrum capacity that works with all LTE devices today.

“This agreement is great news for our customers and for Canadians. We’re pleased to have worked with the government to put this unused valuable resource to work,” said Laurence. “We got the spectrum we needed where we needed it for our customers and this keeps Rogers in the leading competitive position across the country.”

The purchase of Mobilicity is subject to approval by the Competition Bureau and the Court. The transactions have been approved by Industry Canada.

As per the previously announced terms to complete the Shaw spectrum acquisition, Rogers will pay $100 million in addition to the down payments made when the agreement was originally announced in January 2013.

The transaction with Mobilicity is supported and was facilitated by The Catalyst Capital Group Inc., on behalf of investment funds managed by it, working closely with Rogers on the structuring of the transaction. The $440 million purchase price is offset by tax losses valued at approximately $175 million which Rogers will acquire. The transaction is subject to working capital adjustments.

Following the acquisition of spectrum from Shaw and Mobilicity respectively, Rogers and WIND will undertake an AWS-1 spectrum swap in Southern Ontario to create contiguous spectrum for Rogers. Rogers will also divest certain non-contiguous AWS-1 spectrum to WIND Mobile in BC, Alberta, Saskatchewan, Manitoba and Northern Ontario and Eastern Ontario.

---

About Rogers:

Rogers Communications is a leading diversified public Canadian communications and media company. We are Canada’s largest provider of wireless communications services and one of Canada’s leading providers of cable television, high-speed Internet and telephony services to consumers and businesses. Through Rogers Media, we are engaged in radio and television broadcasting, televised shopping, magazines and trade publications, sports entertainment, and digital media. Our stock is publicly traded on the Toronto Stock Exchange (TSX: RCI.A and RCI.B) and on the New York Stock Exchange (NYSE: RCI). For further information about the Rogers group of companies, please visit rogers.com.

About Mobilicity:

Mobilicity is a wireless carrier that provides wireless telecommunication services to Canadians in Toronto, Ottawa, Calgary, Edmonton and Vancouver. Further information about Mobilicity can be found at www.Mobilicity.ca.

Caution Regarding Forward Looking Statements:

This news release contains statements about expected future events that are forward-looking including, but not limited to, remaining required regulatory approvals and final steps necessary to close the transactions. By their nature, forward-looking statements require Rogers to make assumptions and predictions and are subject to inherent risks and uncertainties which give rise to the possibility that actual results or events could differ materially from our expectations expressed in or implied by such forward-looking statements. All such forward-looking statements are made pursuant to the “safe harbour” provisions of the applicable Canadian and United States securities laws. Readers are cautioned not to place undue reliance on forward-looking statements as a number of factors could cause actual future events to differ materially from that expressed in the forward-looking statements. Except as required by law, Rogers disclaims any intention or obligation to update or revise forward-looking statements.

-30-

For further information:

Media:

Aaron Lazarus, 416.935.7359, [email protected]

Terrie Tweddle, 416.935.4727, [email protected]

Investor Relations:

Dan Coombes, 416.935.3550, [email protected]

Bruce M. Mann, 416.935.3532, [email protected]

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Rogers Communications (RCI) Tops Q1 EPS by 25c
• Cerrado Gold Announces Possible Late Filing of Annual Financial Statements
• Methanex Reports on Annual General Meeting of Shareholders and Welcomes Roger Perreault to Its Board of Directors