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Blackstone Completes CDN$7 Billion Partnership with Rogers to Boost Wireless Infrastructure.

Jun 21, 2025•12 months ago

Contract Type

partnership

TorontoHardwareWireless

Description

Blackstone has closed a CDN$7 billion equity investment in Rogers Communications, partnering with leading Canadian institutional investors. This investment aims to acquire a non-controlling interest in a new subsidiary that manages a segment of Rogers’ wireless backhaul transport infrastructure.

Company Information

Company

Rogers Communications

Location

Toronto, Ontario, Canada

About

Rogers is Canada’s leading wireless, cable and media company that provides communications and entertainment services to Canadian consumers and businesses across the country. Rogers shares are publicly traded on the Toronto Stock Exchange (TSX: RCI.A and RCI.B) and on the New York Stock Exchange (NYSE: RCI).

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