Vision seems to be very important in business with Rogers Communications having a historical background for providing entertainment and communication for its customers. Ted Rogers firmly believed in his father’s vision and continued strived to continue his legacy. At the core of his business, Ted Rogers had always stressed high-quality customer service and up-to-date improvements in broadcasting, cable television, and communications. Rogers Communications Inc. continues to hold these values as they experience growth in Canada.
Over the years, Ted Rogers and Rogers Communications have remained current by partnering with other businesses and companies. In 1962, Rogers Broadcasting Limited acquired CHFI. Together, they worked as the pioneers
…show more content…
in radio broadcasting for FM and AM stations. Rogers’ interest in radio also led to his attraction to cable television. As he gained more curiosity, Ted Rogers started to investigate for potential programming choices on cable. In 1967, he was able to further grow his business by obtaining licenses to broadcast in Brampton, Toronto, and Leamington and purchasing a piece of CFTO-TV. Since then, Rogers Communications has also partnered with AT&T and Call-Net to produce the fastest growing wireless communications and internet company in Canada. In 1989, Rogers purchased 40 percent of CN/CP Telecommunications which would later be known as Unitel. For more than a century, Bell Canada and other phone companies held a strong grip on this market before Rogers decided to enter the mix as well. Consequently, Rogers Communications lost $500 million before they exited Unitel in 1995. At this point, however, the company was large enough to absorb the decline. Five years later, Rogers recuperated the loss and made $1 billion more with a new business venture called Rogers Network Services. A hostile takeover is defined as the acquisition of one business (known as the target business) that is purchased by another company. This is usually achieved by going directly to the company’s shareholders and purchasing stocks at a price above market value in order to gain controlling interest, or by fighting to replace management that will approve the takeover (“Hostile Takeover”, 2016). The key point of a hostile takeover is that the target company does not want to be purchased. A hostile takeover is considered an appropriate strategy when the value of the acquisition outweighs the risks involved. Thus, a company that has an unquestionable potential for growth may be purchased by a larger company to earn a portion of that future success. In my opinion, I believe that Rogers Communications has decided to remain a domestic company since their history remains with Canada.
It gives customers the idea that the main focus for the company is the Canadian market. In the search of improving the business, Rogers can focus on developing technology that applies mainly to the needs of the domestic consumer. It sends a message that Rogers is doing everything in their power to provide services that will cater to Canadian buyers. Along with this, I also believe that Rogers hasn’t entered the international market because of its competitiveness. It has taken a long and rich history to create a solid reputation in Canada. On the worldwide stage, Rogers would have to compete with companies that have a worldwide reputation such as AT&T, Comcast Cable, Charter Communications, Verizon, and DISH Network. All in all, I think it would be hard to compete with a company like AT&T, which has a total net income of $13.3 billion and an annual revenue of $146.8 billion (“AT&T Fourth Quarter Earnings 2015”, 2016). In comparison, Rogers Communications has a net income of $1.49 billion and an annual revenue of $13.414 billion (“Rogers: Wireless, Internet, TV, Home Monitoring, and Home Phone”,
2016). After conducting research on Rogers Communications and Indigo Canada, I have come to realize that domestic companies can be just as successful and exciting as multinational corporations. Rogers has always delivered cutting-edge technology that will provide the best service for their customers. Back then, it was with radio and cable television. Now, Rogers has gained more fans and supporters with their new roaming services known as “Roam Like Home”. Other carriers are even trying to feed off of this success (Pellegrini, 2016). Along with this, they were also one of the first companies to offer cable services with the all-new 4K display. With partnerships with the NHL (through Sportsnet) and the Toronto Blue Jay, Rogers has – and will continue to – attract customers because of their ability to remain loyal to their clients and provide them with new ways to accomplish tasks and be entertained. As Rogers has done in the past, I believe they will continue to look for the latest trends in technological usage in order to stay competitive. Recently, the company has given customers more opportunities to travel with the flexibility of not having to pay extra for roaming services. I believe that Rogers will seek more ways to provide a greater number services at low costs. In addition, I also think that Rogers will be on the hunt for more channels and sports organizations to establish a greater national presence. It has already capitalized on the growing sport of Baseball (with a partnership with the Blue Jays) and the most-viewed sport in Canada (with a partnership with the NHL). As more channels and sports gain popularity, there is reason to believe that Rogers Communications will be the first company to take advantage of the potential revenues that these networks would offer.
“Since joining TELUS in 2000, Darren has led the company to deliver the highest total shareholder returns amongst global telecoms.” Stress distinguishing feature, form dimensions, attention to guarantee the shareholders’ profit are the paving stones for sustainable development. Also, Darren is a strong proponent of the Privacy By Design approach and the need to increase educarion about privacy and security issues within the context of our digital environment. He has been comparatively successful in maintaining customers’ privacy while they are using the TELUS sevice. Both indicate that fulfill the demander is the trump to let him be the longest-serving CEO amongst global incumbent telecom
The entrepreneurial spirits include foresight, planning, management, organization, coordinating, convincing, mobilization and compromise. It is the truth that Darren Entwistle satisfies all these terms. It might explain why he made TELUS from regional into coast to coast. “Darren Entwistle exemplifies the ideals of free-market enterprise.” said Brett Skinner, Fraser Institute president. There is no doubt that he bring an extraordinary success to TELUS, especially he is the only one CEO who has finished as huge numerous transaction while in a malicious competitive market for customers. The more is that there are a number of TELUS recognition on Darren Entwistle such as one of Canada’s Best Diversity Employers by Maclean’s (2011), inaugural Volunteer’s Award for Business Leadership from Prime Minister Stephen Harper and etc. Besides these, Darren Entwistle’s contribution made TELUS be named the top philanthropic corporation of 2010 by the U.S. Based Association of Fundraising Professionals, the first Canadian company to win this award. The awards in his career are significant
The company that I have chosen is Comcast Cable Company. Currently, Comcast is the leader in the home entertainment industry. Comcast offers their customer's: cable television, internet service, home phone service, television screaming app, home security, and mobile service. The company is working to compete with AT&T/ Direct TV, Dish Network, Hulu, Netflix and sling Tv. The competitors do offer cheaper service, but Comcast is known mostly for its great internet service. Xfinity Instant TV and Xfinity Mobile are the newest product that has been launched by Comcast. Xfinity Mobile has two phone plans, and you must have Xfinity internet service. Xfinity Mobile plans are: By the Gig data and Unlimited data. The By the
Target’s first foreign store investment was in Canada; American stores look to Canada as their first foreign investment because the differences between the two countries are relatively minor. Other stores that have expanded to Canada include Wal-Mart, and Sears, each of these companies proved to be prosperous in Canada. Canada is one of the wealthiest countries in the world and is dominated by the service industry, Wawa would have no trouble fitting into the culture Canada has and dominating the market as they do here, in the United States. After reading about Canada and Wawa, we have realized this move could only benefit Wawa and help their reputation and build their company.
Their satellite TV division reaches almost a million homes across Canada. Shaw Communications, with its specialization in Cable and Satellite TV, has a very solid market base in Western Canada, especially now, with the purchase of the Winnipeg –based Canwest Global franchise. This characteristic is a major competitive advantage against the other three telecom giants. Shaw has been trying very hard to expand its services into the high speed internet and wireless communications market in order to compete with the other three major Canadian telecom companies, and this pathway has seen varying degrees of success. Although this company specializes in the cable and satellite T.V sectors, it is not a big competitor in the mobile industry, where there is more money to be made. Shaw is also not at the top of the list in terms of its dividend payouts. This affects interested investors as there are other higher dividend distributers which may be more attractive. Another negative point which affected Shaw’s profits in the first quarter of 2015, was the introduction of Shomi video streaming platform, in partnership with Rogers. Shaw recorded a $13 million equity loss in the start up of this programming. Shaw has also been losing customers due to comparable products from companies such as Netflix and web sites such as
A positive to expanding to Canada is that Canadian shoppers are similar to American shoppers, ideally making this a good target market for growth (Fiorletta, 2015). In an interview regarding expansion in Canada, CO-CEO Walter Rob said, “Our efforts in Canada are part of the effort to grow.” “We think the opportunity for fresh, healthy foods is larger now that it’s ever been”. “And we intend to grow as fast as we have ever grown — 40 new stores next year, 42-44 for the following year.” “That’s 10% square footage growth on top of 15 million square feet of retail we already have.” “People have said maybe we should stop our growth.” “I said, no, we are not going to do that because our strategy is working.” “There’s no reason to stop.” “There’s every reason to keep going.” (Vieira,
Growing globally- Air Canada have the opportunity to grow globally by building their network with different countries and this relationship should be long lasting for more growth.
Especially those that do e-business. Many small businesses start out and struggle to survive the first year with saturated markets or being shut down due to shopping malls or Walmarts popping up everywhere. If a company can establish themselves online and provide a product that can influence those outside of our borders, then many can sustain themselves for the long-term. In Target’s case, I had no idea they were not more globally situated in other countries. I think those responsible for the expansion into Canada were too quick to penetrate a market that was not readily accepting of Target’s overall performance. Unfortunately, many of the errors the retailer encountered could have been avoided. If another attempt is made at going global, Canadian Target should be a valuable lesson of what should be
Sirius XM Canada has to address several problems that arose from their merger before they can successfully become a combined company. The first problem is not having a unified management structure ready to support the Combination Transaction. A second more pressing problem is the conservative approach on proposed synergies. A third problem has to do with the marketing expenditures and how to effectively manage distribution and sales strategies. Lastly, a fourth problem is creating a solid financial strategy that can generate anticipated cash flows and liquidity. However, of these four problems, not achieving successful synergies across all functions and departments is the most important. If the new company is able to achieve such synergies,
Different states have various ways of ruling and governing their political community. The way states rule reflects upon the political community and the extent of positive and negative liberty available to their citizens. Canada has come a long way to establishing successful rights and freedoms and is able to do so due to the consideration of the people. These rights and freedoms are illustrated through negative and positive liberties; negative liberty is “freedom from” and positive liberty is “freedom to”. A democracy, which is the style of governing utilized by Canada is one that is governed more so by the citizens and a state is a political community that is self-governing which establishes rules that are binding. The ‘Canadian Charter of Rights and Freedoms’ allow Canada’s population to live a free and secure life. This is demonstrated through the fundamental freedoms, which permit the people to freely express themselves and believe in what they choose. Canadians also have democratic rights authorizing society to have the right to democracy and vote for the members of the House of Commons, considering the fact that the House of Commons establishes the laws which ultimately influence their lifestyle. The tools that are used to function a democratic society such as this are, mobility, legal and equality rights, which are what give Canadians the luxury of living life secured with freedom and unity. Furthermore it is safe to argue that ‘The Canadian Charter of Rights and Freedoms’, proves the exceeding level of efficiency that is provided for Canadians in comparison to other countries where major freedoms are stripped from their political community.
Branding/Promotion – AT&T is leading to be the only telecommunication company their customers need by connecting people better than anyone else.
Today two of the top broadcasting companies are Clear Channel Communications, Inc. and Infinity Broadcasting Company. Clear Channel’s history begins in 1972 with the birth of the San Antonio Broadcasting Company. Three years later, the first “Clear Channel” radio station, WOAI-AM, was acquired – it had its own nationwide frequency. In the late 1980s, the Company entered the television business and acquired half a dozen television stations. In 1994 it became listed as Clear Channel Communications, Inc Common Stock and owned 43 radio stations and 16 television stations in 32 markets.
AT&T had developed a reputation for providing high-quality long distance telephone services. It moved rapidly to exploit this reputation in the newly competitive long distance market by aggressively marketing its services against MCI, Sprint, and other carriers. Also, AT&T had traditional strengths in research and development with its Bell Labs subsidiary. To exploit these strengths in its new global competitive context, AT&T shifted Bell Labs' mission from basic research to applied research, and then leveraged those skills by forming numerous joint ventures, acquiring NCR, and other actions. Through this process, AT&T has been able to use some of its historically important capabilities to try to position itself as a major actor in the global telecommunications and computing industry.
The year is 1952 and a young John Rigas purchased a cable company for a mere $300 in Coudersport, Pennsylvania with high hopes of building the company into a successful family owned and operated business (AICPA, 2005, para. 3); a business that would remain unparallel to the rest of its competition. In the late 1990s his dreams came to fruition; John Rigas, along with a few close family members and investors, purchased Century Communications for $5.2 billion and merged the companies together becoming the 6th largest cable company serving more than 5.6 million subscribers (AICPA, 2005, para. 4). Ensuring that the majority of Adelphia’s voting stock and control of the board remained in the hands of f...
We intend to exploit our leadership role by continuing to target and enter segments of the communications market that we believe will experience rapid growth or grow faster than the industry as a whole....