Rogers Communications Inc.

Thank you for standing by. This is the conference operator. Welcome to the Rogers Communications Inc. third quarter 2026 results conference call. As a reminder, all participants are in listen-only mode and the conference is being recorded. Following the presentation, we'll conduct a question and answer session. To join the question queue, you may press star then 1 on your telephone keypad. Should you need assistance during the conference call, you may reach an operator by pressing star then 0. I would now like to turn the conference over to David Naccarato, Head of Investor Relations with Rogers Communications. Please go ahead, Mr. Naccarato.

Thank you, Gaylene, and good morning, everyone, and thank you for joining us. Today, I'm here with our President and Chief Executive Officer, Tony Staffieri, and our Chief Financial Officer, Glenn Brandt. Today's discussion will include estimates and other forward-looking information from which our actual results could differ. Please review the cautionary language in today's earnings report and in our 2025 annual report regarding the various factors, assumptions, and risks that could cause our actual results to differ. With that, let me pass the call over to Tony to begin.

Thank you, David, and good morning, everyone. I'm pleased to report that we continued to demonstrate strong execution in our three lines of business during the third quarter. Against the backdrop of lower market activity, we continued to deliver on our commitments and our long-term strategy. In the third quarter, we grew consolidated service revenue and adjusted EBITDA each by 1%, reflecting continued positive momentum. We delivered industry-leading wireless and cable margins of 68% and 59%, respectively. We significantly improved capital efficiency, reducing capital expenditures by 46% in the third quarter. This resulted in our lowest capital intensity ratio in well over two decades. We delivered record free cash flow generating over $1.3 billion. We further strengthened the balance sheet, improving our debt leverage ratio by 0.1 to 3.7 times. On October 1st, we reached a key milestone in our sports strategy, acquiring the remaining 25% stake in MLSC. Rogers now fully owns one of the most valuable collection of sports, entertainment, and media assets globally. These assets are appreciating, but they are not currently reflected in our share price. Overall, we remain bullish about our plan to unlock shareholder value and drive long-term growth. I'll now briefly turn to our operating performance in our three lines of business, which Glenn will discuss in more detail. In wireless, we stayed focused on financials versus chasing subscriber volume in what is typically a busy back-to-school quarter. While volumes were down for us and more broadly for the industry through the first nine months of 2026, we continued to execute with discipline in a less active market. We delivered 17,000 postpaid and prepaid mobile phone net additions. This was an intentional strategy to participate selectively in a lower volume market. Importantly, loading was on the Rogers Premium brand, which is very consistent with our market strategy. We launched our back-to-school offers in late July and focused on compelling value propositions that delivered more for customers. This included satellite to mobile technology and priority network access on Canada's best wireless network. Although service revenue was down due to lower fee revenue, we again delivered EBITDA growth and industry-leading wireless margins. Returning to cable, we saw our sixth quarter of positive service revenue growth. We once again saw margin expansion and adjusted EBITDA growth. We added 10,000 internet net ads, which reflects a less active telecom market. In media, we delivered very strong results with revenue growing 9% and adjusted EBITDA growing 12%, supported by a strong quarter for the Toronto Blue Jays. The Blue Jays had the highest overall attendance in the American League this season, over 3.3 million fans attended games and the team drew crowds averaging 97% capacity. This is the club's best attendance since 2016 and the third highest in the Major League Baseball league this year. The Blue Jays season reflects the value of our sports assets and the opportunity to grow them. Overall, we believe we have the best sports and entertainment assets globally. When combined with our strong national telecom reach, We offer a unique and compelling value proposition that none of our peers can replicate. This gives us a unique competitive position as we transform into a global communications, sports and entertainment leader. The next step in our strategy is to consolidate our sports media and entertainment assets and to sell a minority interest to third party investors. And we continue to target a closing date for that by the first half of 2027. Investor interest in these assets is substantial as sports franchise valuations continue to rise. As an example, earlier this month Sportico came out with their latest NBA franchise rankings which had the value of the Toronto Raptors up 24%. These assets carry significant value and together these assets are worth even more. We have a unique set of assets within one integrated ecosystem. Five professional sports franchises across five major leagues all in one city. Sportsnet, Canada's number one sports media brand and streaming platform with the most valuable sports content including national NHL rights for the next 12 years. An iconic entertainment and sports venues in the heart of one of North America's biggest cities. We firmly believe the whole of Rogers is greater and the sum of its individual parts. Our partnership with Live Nation to bring the Backstreet Boys to Canada is a great example of our One Rogers ecosystem. The 12-show residency next year is a new record at Rogers Centre. This model demonstrates the significant growth potential of our concert business. It also shows how we can leverage our assets to deliver a unique customer value proposition our competitors cannot match. This is all part of our plan to give Canadians more reasons to choose Rogers. By integrating our sports, entertainment, and connectivity businesses, we're able to reward customers and create experiences that deepen loyalty and drive long-term value. In closing, we remain committed to delivering on our priorities and to delivering for our customers, fans, and our shareholders. It's an exciting time for our company and we look forward to delivering the next stage of growth I'd like to once again thank the entire Rogers team for delivering on our priorities for our company and our customers and our shareholders. I'll turn the call over to Glenn to walk through the financials in more detail. Glenn, over to you.