Rogers Communications sells data centres to InfraRed Capital
2nd article in the last 90 days, one of 2 articles referencing Rogers Communications. Previous coverage: Rogers Communications announces cash tender offer results and increases maximum purchase amount (Jul 2025).
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Rogers Communications Inc. completed a definitive agreement with InfraRed Capital Partners to sell nine data centres. The deal enables Rogers to maintain retail operations and provide data services post-sale.
Rogers planned this transaction as part of its strategy to divest real estate and non-core assets, allowing the company to use the proceeds for debt repayment. Closing is anticipated by the end of 2025, subject to regulatory approvals and other closing conditions.
The sale does not include corporate data centres critical for the company's own operations. InfraRed, backed by Sun Life, aims to ensure a smooth transition for clients during this process.
Press release, provided by Globe Newswire on behalf of Rogers Communications. Read the original.