Rogers Communications

Few telecom players in North America match the executional depth of Rogers Communications. From Toronto, the group manages a workforce of approximately 25k and generates close to $14B in revenue, while steadily widening the gap with regional peers.

Long-term partnerships with sovereign and institutional investors give the company unusual visibility on multi-year demand.

“Rogers Communications is, in its category, exactly the kind of compounding regional champion the next decade of capital allocation will reward.”

Capital markets have started to price in the durability of the model, and rating agencies have followed.