Aravinda Galappatthige

Batya Levi

Drew McReynolds

Jérome Dubreuil

Maher Yaghi

Vince Valentini

Tim Casey

Matthew Griffiths

David Barden

David McFadgen

Matt Griffiths

Patrick Ho

Patrick Roe

Sebastiano Petti

Simon Flannery

Stephanie Price

- Rogers Communications has significantly improved its cable business, increasing combined margins with Shaw from 50% to **58%-59%**, and is expanding its Fixed Wireless Access (FWA) product to address approximately **7 million** additional homes.  **[733099_tx_379742_5]** **[733099_tx_379742_2]** 
- The company has made substantial progress in deleveraging, reducing its leverage from **5.3x** post-Shaw acquisition to just under **3.6x** at mid-year, with further reductions anticipated from a **$300 million** bond tender benefit and data center sale.  **[733099_tx_379742_7]** 
- Rogers now holds a **75%** stake in MLSE, alongside 100% ownership of the Toronto Blue Jays and Rogers Centre, with these sports assets collectively valued at approximately **CAD 15 billion**.  **[733099_tx_379742_7]**  The company intends to acquire the remaining minority stake in MLSE by next summer and is exploring strategies to maximize and surface this value for shareholders.  **[733099_tx_379742_6]** **[733099_tx_379742_7]** 
- Rogers anticipates a **declining capital intensity** for both its wireless and wireline businesses in the coming years.  **[733099_tx_379742_6]**

Rogers Communications Discusses Wireless, Cable, and Sports Asset Strategies

ROGERS COMMUNICATIONS (RCI)