Rogers Communications

rci

Ticker: RCI

Acquired: 11/2/2015

Cost basis: $39.66

Current Portfolio Status: Hold

Dividend Reinvestment: N

Dividends paid quarterly in Jan, Apr, Jul, Oct

Shares held on account at Motif

Rogers Communications Inc. operates as a communications and media company in Canada. The company’s Wireless segment offers wireless telecommunications services to consumers and businesses under the Rogers, Fido, and chatr brands; and wireless devices, services, and applications. This segment distributes its products through independent dealer networks, company-owned retail stores, retail chains and convenience stores, distribution channels, ecommerce sites, and call centers and outbound telemarketing. As of December 31, 2014, it had approximately 9.5 million subscribers. Its Cable segment offers high-speed broadband Internet access, digital television and online viewing, phone, and home Wi-Fi services to consumers and businesses. This segment distributes its products through company-owned retail stores, ecommerce sites, call centers, outbound telemarketing, door-to-door agents, and third party retail locations. As of December 31, 2014, it had 2.0 million high-speed Internet subscribers, 2.0 million television subscribers, and 1.2 million phone subscribers, as well as operated a network that passes approximately 4 million homes. The company’s Business Solutions segment offers network connectivity services through its fibre network and data centre assets for businesses, governments, and other telecommunications providers. This segment provides its products through its sales team; and a network of third-party channel distributors. Its Media segment offers consumer magazines publications; marketing, medical, financial, and trade publications; online publications; and digital magazine services, as well as operates television networks and radio stations. The company also provides digital services, and home security and automation systems; owns the team and Rogers Centre event venue; and operates online and mobile digital media platforms. The company was founded in 1920 and is headquartered in Toronto, Canada

Reason for holding: Owns the Toronto Blue Jays.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s