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4 · Edward (Ted) Rogers Jr.
$4.54 billion


Iogers Communications Inc. may have more than doubled its dividend and tripled its Q3 net income this year, but the company still has something to learn about the importance of grammar.

A single comma in a multimillion-dollar contract with Aliant Inc. (now Bell Aliant Regional Communications Income Fund) is causing a lot of headaches. According to Aliant, the wording of a particular sentence allows it to exit the deal at any time; Rogers disagrees.

The CRTC sided with Aliant, but Rogers has now produced a French version of the contract — without the troublesome comma — and the matter is before the CRTC once again.

 

"If you have a united army fighting splinters, guess who's going to
win? So the splinters have
to get together."
- Edward Rogers Jr.

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