Curated News
By: NewsRamp Editorial Staff
June 23, 2025

Blackstone Invests CDN$7B in Rogers, Backed by Canadian Giants

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Original Source

TLDR

  • Blackstone's CDN$7 billion investment in Rogers Communications secures a strategic stake in wireless infrastructure, offering investors a unique advantage in the growing mobile data sector.
  • Blackstone, alongside Canadian institutional investors, has invested CDN$7 billion in Rogers' wireless backhaul transport infrastructure, structured through a newly established subsidiary for non-controlling interest.
  • This investment by Blackstone and partners in Rogers' infrastructure supports the expansion of mobile data capabilities, enhancing connectivity and communication for future generations.
  • Blackstone's massive CDN$7 billion deal with Rogers highlights the explosive growth potential in mobile data and infrastructure investments, marking a significant milestone in telecommunications.

Impact - Why it Matters

This investment is a testament to the critical role of wireless backhaul infrastructure in the digital age, facilitating the seamless flow of mobile data that powers our daily lives. For investors and consumers alike, it signals a strengthening of telecommunications infrastructure, promising enhanced connectivity and services. Moreover, it reflects the growing trend of institutional investments in essential digital infrastructure, ensuring long-term growth and stability in the sector.

Summary

In a landmark financial move, Blackstone (NYSE: BX) has finalized a CDN$7 billion equity investment in Rogers Communications Inc. (TSX: RCI.A and RCI.B; NYSE: RCI), marking a significant partnership with leading Canadian institutional investors. This investment, managed by Blackstone Credit & Insurance ("BXCI"), secures a non-controlling stake in a new Rogers subsidiary dedicated to wireless backhaul transport infrastructure. The consortium includes heavyweight investors such as Canada Pension Plan Investment Board, Caisse de dépôt et placement du Québec, and others, showcasing a robust vote of confidence in Rogers' infrastructure and growth potential. Blackstone's Robert Horn and Mark Rutledge highlighted the transaction's alignment with Rogers' growth objectives and the burgeoning demand for mobile data, underscoring the strategic importance of this investment.

This deal not only underscores Blackstone's role as a pivotal player in providing flexible capital solutions but also highlights the growing significance of wireless backhaul infrastructure in supporting the exponential increase in mobile data usage. With BXCI's Infrastructure and Asset Based Credit platform managing over $90 billion, this transaction exemplifies the scale and impact of Blackstone's investment strategies in the global credit market.

Source Statement

This curated news summary relied on content disributed by citybiz. Read the original source here, Blackstone Invests CDN$7B in Rogers, Backed by Canadian Giants

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