Published 10 days ago

Rogers plans sale of data centres, other real estate as it zeroes in on debt

CFO Glenn Brandt confirmed plans to raise a billion dollars through real estate asset sales, with a focus on enterprise data centers for third-party sales.
Selling data centers will not impact wireless services managed separately.
Rogers faces challenges due to a potential real estate market slowdown affecting property divesture plans.

Insights by Ground AI

Does this summary seem wrong?

0 Articles

All

Left

Center

Right

Coast Reporter

Rogers plans sale of data centres, other real estate as it zeroes in on debt

TORONTO — Rogers Communications Inc. is listing its data centres for sale in an effort to raise a billion dollars as the company moves to pay off debt related to the Shaw merger, the company said.

10 days ago·Sechelt, Canada

Read Full Article

Flin Flon Reminder

Rogers plans sale of data centres, other real estate as it zeroes in on debt

TORONTO — Rogers Communications Inc. is listing its data centres for sale in an effort to raise a billion dollars as the company moves to pay off debt related to the Shaw merger, the company said.

10 days ago·Flin Flon, Canada

Read Full Article

The Globe & Mail

Rogers reports lower Q1 profit as it pays down debt from Shaw takeover

Rogers reports $256-million of net profit during the three-month period ended March 31, down 50 per cent from a year ago

10 days ago·Canada

Read Full Article

Airdrie City View

Rogers plans sale of data centres, other real estate as it zeroes in on debt

TORONTO — Rogers Communications Inc. is listing its data centres for sale in an effort to raise a billion dollars as the company moves to pay off debt related to the Shaw merger, the company said.

10 days ago

Read Full Article

Newmarket Today

Rogers plans sale of data centres, other real estate as it zeroes in on debt

TORONTO — Rogers Communications Inc. is listing its data centres for sale in an effort to raise a billion dollars as the company moves to pay off debt related to the Shaw merger, the company said.

10 days ago·Orillia, Canada

Read Full Article

Collingwood Today

Rogers plans sale of data centres, other real estate as it zeroes in on debt

TORONTO — Rogers Communications Inc. is listing its data centres for sale in an effort to raise a billion dollars as the company moves to pay off debt related to the Shaw merger, the company said.

10 days ago·Collingwood, Canada

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year