---
title: "How Rogers’ EORN 5G Buildout in Eastern Ontario Will Impact Rogers Communications (TSX:RCI.B) Investors"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/297085972.md"
description: "Rogers Communications invested CAD 150 million in the EORN Cell Gap Project, completing a CAD 300 million public-private partnership to build 346 new and upgrade 311 existing 5G sites in Eastern Ontario by August 2026. This expansion aims to enhance rural coverage for municipalities and Indigenous communities. While supporting Rogers' network strategy, analysts note that high leverage and recent earnings volatility remain key concerns, with forecasts projecting revenue growth but significant earnings declines by 2029."
datetime: "2026-08-26T20:30:29.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/297085972.md)
  - [en](https://longbridge.com/en/news/297085972.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/297085972.md)
generator: "portal-rs"
---

# How Rogers’ EORN 5G Buildout in Eastern Ontario Will Impact Rogers Communications (TSX:RCI.B) Investors

-   In August 2026, the Eastern Ontario Regional Network announced the successful completion of the CAD 300 million EORN Cell Gap Project with Rogers Communications, which saw Rogers invest CAD 150 million to build 346 new wireless sites and upgrade 311 existing sites with 5G equipment across eastern Ontario.
-   This extensive public‑private buildout, targeting near‑ubiquitous voice and data coverage where people live, work and travel, highlights how infrastructure partnerships can extend Rogers’ 5G footprint while serving municipalities, Indigenous communities and first responders in underserved regions.
-   We’ll now examine how Rogers’ CAD 150 million investment in the EORN Cell Gap Project could influence its investment narrative and future outlook.

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## Rogers Communications Investment Narrative Recap

To own Rogers, you need to believe that its heavy network spending, especially on 5G, can support stable cash flows while it manages regulation, competition and debt. The EORN Cell Gap Project fits that story by using public funding alongside Rogers’ CA$150 million to expand rural coverage, but it does not materially change the near term focus on earnings volatility and high leverage risk after recent quarterly losses.

The recent launch of satellite to mobile roaming in the U.S. is especially relevant here, as it points to a broader coverage strategy that complements the eastern Ontario buildout. Together, terrestrial 5G projects and early satellite services form part of the same coverage and service quality catalyst, which could become more important if subscriber growth slows and pricing pressure persists.

Yet, while coverage is expanding, investors should also be aware that Rogers’ high leverage and interest burden could...

Read the full narrative on Rogers Communications (it's free!)

Rogers Communications' narrative projects CA$23.2 billion revenue and CA$2.5 billion earnings by 2029. This implies 1.5% yearly revenue growth but a CA$4.6 billion earnings decline from CA$7.1 billion today.

Uncover how Rogers Communications' forecasts yield a CA$60.38 fair value, a 19% upside to its current price.

## Exploring Other Perspectives

TSX:RCI.B 1-Year Stock Price Chart

The EORN buildout sits at the crossroads of two narratives: consensus worries about regulation and leverage, while the most bullish analysts once expected about CA$23.8 billion in revenue and CA$2.2 billion in earnings, reminding you that opinions on Rogers’ 5G investments and future returns can differ widely and may shift again as this rural expansion is absorbed.

Explore 5 other fair value estimates on Rogers Communications - why the stock might be worth 9% less than the current price!

## Reach Your Own Conclusion

Don't just follow the ticker - dig into the data and build a conviction that's truly your own.

-   A great starting point for your Rogers Communications research is our analysis highlighting 4 key rewards and 3 important warning signs that could impact your investment decision.
-   Our free Rogers Communications research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Rogers Communications' overall financial health at a glance.

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 *This article by Simply Wall St is general in nature. **We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.** It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.*

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**