Rogers Communications announced that the family of recently deceased founder Ted Rogers will retain control of the Canadian telecom giant.
The founders’ shares account for more than 90% of all shares and will be controlled by the Rogers Control Trust, to benefit his family and an unspecified Canadian chartered bank.
The company also said it will release fourth-quarter 2008 preliminary subscriber results on Jan. 6, followed by fourth-quarter 2008 financial results and full-year 2009 guidance on Feb. 18.