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MarketScreener Homepage  >  Equities  >  Toronto Stock Exchange  >  Rogers Communications Inc.    RCI.B   CA7751092007

ROGERS COMMUNICATIONS INC.

(RCI.B)
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Rogers Communications : inks deal as the exclusive telecommunications partner at Toronto Pearson.

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07/08/2019 | 09:47am EDT

Rogers has announced a multi-year partnership with Toronto Pearson as the Official Telecommunications Partner at Canada's largest airport. As part of the partnership, Rogers will have category exclusivity for branding and advertising, and in-terminal brand experiences. The partnership also includes a premium Ignite TV lounge in Terminal 1 and Terminal 3 where travellers can catch the latest episodes of their favourite shows on the Rogers Ignite TV service.

'We're really excited to announce this partnership with Toronto Pearson and bring our great Canadian brands to life for the hundreds of thousands of Canadians that go through Toronto Pearson everyday,' said Drew Stevenson, Vice President, Brand, Rogers Communications. 'Together, our focus is on improving the airport experience and entertaining travellers while they wait for their flight, as well as offering unique advantages to Rogers customers.'

Toronto Pearson's goal is always to work collaboratively with partners to bring one-of-a-kind experiences to travellers, and this partnership with Rogers will create bigger, better and more consistent in-terminal activations that will enhance the experience of the nearly 50 million travellers that pass through the airport every year.

'At Toronto Pearson, our focus is on providing our travellers with an elevated airport journey,' said Scott Collier, Vice President, Commercial and Terminal Services for Toronto Pearson. 'We're thrilled to announce this first of its kind partnership with Rogers, uniting an airport and an industry-leading telecommunications company, enabling us to provide innovative experiences and entertainment for our travellers from the first time they step foot in our terminal until they board their flights.'

The partnership will result in a number of enhancements to the travel experience at Toronto Pearson, including:

a premium Ignite TV lounge for travellers to catch-up on their favourite shows while waiting for their flight on the new Rogers Ignite TV service;

charging stations throughout Terminals 1 and 3 to ensure travellers' devices are charged before their flight;

convenient and premium work stations for business travellers;

showcases of Rogers' latest technology and next-generation innovations; and

a reimagined and improved chatr retail footprint at International Arrivals that provides a free SIM card and a free phone call for travellers to anywhere in the world so that they can call family members back home when they arrive in Canada.

About Toronto Pearson International Airport

The GTAA is the operator of Toronto Pearson International Airport. The GTAA's vision is to make Toronto Pearson the best airport in the world. Towards this objective, the GTAA focuses on ensuring the safety and security of passengers and airport employees, enhancing the passenger experience and supporting the success of its airline partners. Toronto Pearson served more than 49.5 million passengers in 2018, making it Canada's largest airport and the most connected international airport in North America.

For the second straight year Toronto Pearson has been voted by passengers as the Best Large Airport in North America serving more than 40 million annual passengers, as recognized by Airports Council International's (ACI) Airport Service Quality (ASQ) program, the only global benchmarking survey that assesses passenger satisfaction at the airport on their day of travel. For more information please visit Toronto Pearson on Twitter, Facebook or Instagram.

About Rogers

Rogers is a proud Canadian company dedicated to making more possible for Canadians each and every day. Our founder, Ted Rogers, started our company in 1960 with the purchase of CHFI radio station. We have grown to become a leading technology and media company that strives to provide the very best in wireless, residential, and media to Canadians and Canadian businesses. Our shares are publicly traded on the Toronto Stock Exchange (TSX: RCI.A and RCI.B) and on the New York Stock Exchange (NYSE: RCI). If you want to find out more about us, visit https://about.rogers.com/.

Contact:

GTAA Media Office | media.relations@gtaa.com | (416) 776-3709

(C) 2019 Electronic News Publishing, source ENP Newswire

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Financials (CAD)
Sales 2019 15 328 M
EBIT 2019 3 902 M
Net income 2019 2 237 M
Debt 2019 17 055 M
Yield 2019 3,00%
P/E ratio 2019 15,3x
P/E ratio 2020 14,2x
EV / Sales2019 3,34x
EV / Sales2020 3,18x
Capitalization 34 129 M
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Mean consensus HOLD
Number of Analysts 18
Average target price 74,44  CAD
Last Close Price 66,66  CAD
Spread / Highest target 33,5%
Spread / Average Target 11,7%
Spread / Lowest Target -2,49%
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Managers
NameTitle
Joseph M. Natale President, Chief Executive Officer & Director
Edward S. Rogers Chairman
Daniel Trudeau Operations Manager
Anthony Staffieri Chief Financial Officer
Jorge Capelas Fernandes Chief Technology Officer
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