Get 40% Off
💰 Buffett reveals a $6.7B stake in Chubb. Copy the full portfolio for FREE with InvestingPro’s Stock Ideas toolCopy Portfolio

Rogers begins roll out of 5G network in major Canadian cities

Published 2020-01-15, 09:22 a/m
© Reuters.  Rogers begins roll out of 5G network in major Canadian cities
ERICb
-
VOD
-
VZ
-
TLS
-
RCI
-
ERICAs
-
AMXB
-

By Moira Warburton

TORONTO, Jan 15 (Reuters) - Rogers Communications Inc RCIb.TO said on Wednesday it has started rolling out the fifth-generation (5G) telecoms network in Canada's select cities, becoming the country's first cellphone provider to offer the super-fast telecom services.

Rogers, one of Canada's largest wireless carriers, will launch first in downtown Vancouver, Toronto, Ottawa and Montreal before expanding into over 20 more markets by the end of the year, in advance of 5G-enabled devices becoming available this year, the statement added.

"5G is the biggest technological evolution since the launch of wireless in Canada. We are making the right investments, building the right partnerships and deploying the right technology to bring Canadians the very best of 5G," said Joe Natale, CEO of Rogers Communications.

"5G will not only power businesses, it will fuel entire industries and drive Canada's digital future," he added.

The 5G networks will have speeds fast enough to download a movie to a smartphone in seconds, while allowing businesses to run 'smart' factories using connected robots, devices and sensors.

Rogers has partnered with Sweden's Ericsson (BS:ERICAs) ERICb.ST to provide the technology needed to build the network.

Canada is reviewing security implications of 5G networks, including whether to allow China's Huawei Technologies HWT.UL to supply 5G network equipment.

Rogers also said it is joining a global alliance with other major telecoms companies from around the world, to coordinate on delivery of 5G adoption.

The other companies in the 5G Future Forum are Verizon (NYSE:VZ) VZ.N , América Móvil AMXL.MX , South Korea-based KT Corp, Australia's Telstra TLS.AX and Vodafone VOD.L in Europe.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

The forum will focus on ensuring that 5G networks from different service providers in various countries will be able to communicate seamlessly with each other.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.