Rogers forms joint venture with BCE for Canadian Retail Operations of GLENTEL

On December 24, 2014, Rogers Communications Inc. (Rogers) announced that it reached an agreement with BCE Inc. (BCE) under which the two companies will jointly own GLENTEL Inc.'s (GLENTEL) Canadian retail distribution outlets once the pending acquisition of GLENTEL by BCE, announced on November 28, 2014, was complete.

BCE announced the completion of its acquisition of all of the issued and outstanding common shares of Glentel on May, 20, 2015, after which it divested 50% of its ownership interest to Rogers, pursuant to their previously announced agreement.

GLENTEL is a leading provider of innovative and reliable wireless communications services and solutions, offering a choice of network carrier and wireless or mobile products and services to consumers and commercial customers.

Rogers is a leading diversified Canadian communications and media company. It is Canada's largest provider of wireless voice and data communications services and one of Canada's leading providers of cable television, high-speed Internet and telephony services to consumers and businesses.

BCE is Canada's largest communications company, providing a comprehensive and innovative suite of broadband TV, Internet, wireless and other communication services to consumers and business customers through the Bell Canada and Bell Aliant brands.

Further information can be found on Rogers' website and on newswire.ca.