Rogers Communications Inc. has announced its founder and CEO, Ted Rogers, has died at 75 of congestive heart failure.

Rogers, who also owned the Toronto Blue Jays, started the company that bears his name in 1960. His father founded radio station CFRB and Astral Media. Rogers Broadcasting now owns 53 radio stations and its television holdings include Citytv.

Three years ago, the company acquired telecom carrier Call-Net Enterprises, which owns Sprint Canada.

Alan Horn is acting CEO of Rogers Communications while the board of directors searches for a replacement.

In addition to its cable television and wireless companies, Rogers also publishes consumer and business magazines.

During the first nine months of this year, it made a profit of $1.14 billion on revenues of $8.4 billion. The company has 1.6 million cable Internet subscribers.

Would you recommend this article?

0
0
Thanks for taking the time to let us know what you think of this article!
We'd love to hear your opinion about this or any other story you read in our publication. Click this link to send me a note →

Jim Love, Chief Content Officer, IT World Canada


Related Download
Moving to the Cloud: Beyond the Myths Sponsor: Carbon60
Moving to the Cloud: Beyond the Myths
Get on the road to cloud success by moving past the myths around it.
Register Now
Uncategorized