Rogers Makes Filings with Competition Bureau and Amends Base Shelf Prospectus
16 September 2004 - 3:32PM
PR Newswire (US)
Rogers Makes Filings with Competition Bureau and Amends Base Shelf
Prospectus TORONTO, Sept. 16 /PRNewswire-FirstCall/ -- Rogers
Communications Inc. ("RCI") and Rogers Wireless Communications Inc.
("Rogers Wireless") announced that Rogers Wireless has made filings
with the Canadian Competition Bureau regarding Microcell
Telecommunications Inc. ("Microcell") and is amending the RCI short
form base shelf prospectus dated April 15, 2004 to reflect such
filings and RCI's press release dated September 13, 2004 regarding
RCI's agreement to acquire AT&T Wireless Inc.'s ("AWE") 34%
ownership in Rogers Wireless held by JVII General Partnership
("JVII"). Rogers Wireless has filed a request for an advance ruling
certificate and a short form pre-merger notification with the
Canadian Competition Bureau relating to a possible offer to acquire
all of the outstanding shares of Microcell. Those filings have been
made in order to put Rogers Wireless in a position to make such an
offer on an expedited basis if a decision were to be made to do so.
In addition, Rogers Wireless previously entered into a
Confidentiality and Standstill Agreement with Microcell, has
performed certain due diligence under that agreement, and has had
preliminary discussions with Microcell and others and expects such
discussions to continue. As part of the September 13, 2004
agreement reached with AT&T Wireless under which RCI will
acquire JVII's 34% ownership of Rogers Wireless, JVII has agreed
that its consent is not required under the shareholders' agreement
between the companies in order for RCI or Rogers Wireless to offer
to purchase or acquire shares or assets of Microcell. RCI and
Rogers Wireless intend to continue to take appropriate steps that
would expedite the making of a possible offer to purchase, alone or
with others, shares or assets of Microcell, if a decision were to
be made to do so. There is no assurance that such offer would be
made. The funding for such an offer has not been arranged.
Cautionary Statement Regarding Forward Looking Information: This
news release includes certain forward looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995
that involve risks and uncertainties. We caution that actual future
performance will be affected by a number of factors, including
technological change, regulatory change and competitive factors,
many of which are beyond our control. Therefore, future events and
results may vary substantially from what we currently foresee. We
are under no obligation to (and expressly disclaim any such
obligation to) update or alter any forward looking statements
whether as a result of new information, future events or otherwise.
Important additional information identifying risks and
uncertainties is contained in our most recent Annual Reports and
Annual Information Forms filed with the applicable Canadian
securities regulatory authorities and the U.S. Securities and
Exchange Commission. About the Companies: Rogers Communications
Inc. (TSX: RCI.A and RCI.B; NYSE: RG) is a diversified Canadian
communications and media company, which is engaged in cable
television, high-speed Internet access and video retailing through
Canada's largest cable television provider Rogers Cable Inc.;
wireless voice and data communications services through Canada's
leading national GSM/GPRS cellular provider Rogers Wireless
Communications Inc.; and radio, television broadcasting, televised
shopping and publishing businesses through Rogers Media Inc. Rogers
Wireless Communications Inc. (TSX: RCM.B; NYSE: RCN) operates
Canada's largest integrated wireless voice and data network,
providing advanced voice and wireless data solutions to customers
from coast to coast on its GSM/GPRS network, the world standard for
wireless communications technology. The Company has approximately
4.1 million customers, and has offices in Canadian cities across
the country. Rogers Wireless Communications Inc. is currently 55%
owned by Rogers Communications Inc. and 34% owned by AT&T
Wireless Services, Inc. DATASOURCE: Rogers Communications Inc.
CONTACT: (Investment Community): Bruce M. Mann, (416) 935-3532, ;
Eric Wright, (416) 935-3550, ; For Further Information (Media): Jan
L. Innes, (416) 935-3525, ; Archived images on this organization
are available through CNW E-Pix at http://www.newswire.ca/. Images
are free to members of The Canadian Press.
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