TORONTO, Oct 5 (Reuters) - Canada's Rogers Communications
Inc RCIb.TO said on Monday that it would broadcast live
television in a high-definition standard known as "4K" by April
next year, a move it hopes will woo viewers to an upgraded
set-top box and faster Internet.
The country's No. 1 cable and wireless phone company, which
also owns the Toronto Blue Jays, is hoping to leverage sports
assets like the Major League Baseball team and long-term NHL
hockey broadcast rights to move viewers to the new standard.
Cable companies are seeking to wring competitive value out
of their coaxial connections before telecom rivals completely
replace slower copper wire with fiber optics.
Rogers Chief Executive Guy Laurence made the announcement
from the baseball team's home plate, days ahead of its first
postseason appearance since 1993, when it won its second
successive World Series.
The company also said by the end of 2016 subscribers across
its footprint would be able to access gigabit Internet speeds.
The improved service will roll out in parts of Toronto and in
surrounding cities in the next three months.
Rogers did not provide a dollar figure for its investments,
but telecom rival BCE Inc BCE.TO said in June it was spending
more than C$1 billion ($763 million) on its own gigabit plan.
Rogers said it would show all 81 Blue Jays games next season
in 4K, as well as 20 marquee ice hockey games starting with a
January matchup between rival Montreal and Toronto teams, a
smattering of movies and TV shows, and a growing catalog of
Netflix (NASDAQ:NFLX) original content in the new format.
Rogers and BCE share ownership of the company behind the
Toronto Maple Leafs, while Rogers is entering the second year of
a 12-year multibillion-dollar deal to broadcast NHL games.
Rogers said it will charge $149.99 a month for a package of
its 4K TV, 4K set top box and unlimited gigabit Internet.
4K TVs account for nearly 40 percent of sets with screens
larger than 50 inches (127 cm), and offer four times the
resolution of standard high-definition TVs.
($1 = 1.3103 Canadian dollars)