Rogers Telecom
Rogers Telecom Inc. is a subsidiary of Rogers Communications. It is a Toronto-based company with a focus on integrated communications as a solutions provider of data, e-business and voice services to business and households. It was formerly known as Sprint Canada Inc., pursuant to a 1993 branding agreement between parent Call-Net Enterprises Inc. with what is now Sprint Nextel Corporation.
In 1998, Call-Net acquired long-distance service and data-circuit provider Fonorola of Montreal for about $1.8 billion and merged it into Sprint Canada.
On May 11, 2005, Rogers Communications Inc. and Call-Net jointly announced that they entered into an agreement under which RCI would acquire 100% of Call-Net under a plan of arrangement . The deal was approved by shareholders and an Ontario court on June 30, 2005, and completed July 1. The deal allowed Rogers to enter the residential phone business to challenge Bell Canada.
On July 7, 2005, Sprint Canada Inc. officially became Rogers Telecom Inc. and Call-Net Enterprises Inc. became Rogers Telecom Holdings Inc.
Read more about Rogers Telecom: History
Famous quotes containing the word rogers:
“Call them rules or call them limits, good ones, I believe, have this in common: They serve reasonable purposes; they are practical and within a child’s capability; they are consistent; and they are an expression of loving concern.”
—Fred Rogers (20th century)