13:39:38 EDT Fri 26 Apr 2024
Enter Symbol
or Name
USA
CA



BCE Inc (2)
Symbol BCE
Shares Issued 778,126,130
Close 2014-07-25 C$ 49.32
Market Cap C$ 38,377,180,732
Recent Sedar Documents

Globe says BCE, others see Xplornet's expansion plans

2014-07-28 09:16 ET - In the News

Also In the News (C-RCI) Rogers Communications Inc
Also In the News (C-T) Telus Corp (2)

The Globe and Mail reports in its Monday edition one of Canada's biggest rural Internet providers is detailing a three-year plan for the delivery of broadband speeds to the hinterland. The Globe's Christine Dobby writes Xplornet Communications plans to deliver broadband Internet service with download speeds of 25 megabits per second (Mbps) to 100 per cent of rural Canadians by July, 2017. The Woodstock, N.B., company, which sells Internet to close to 250,000 households in rural and northern communities, said it can deliver the high-speed service using a combination of capacity it recently purchased on two new satellites as well as an extension of its network of towers. Xplornet president Allison Lenehan told The Globe, "I know there will be some skepticism." While Xplornet is plotting its path to speeds of 25 Mbps, the feds have committed $305-million over five years to extend services of at least five Mbps to 98 per cent of Canadians. Although most urban Internet packages now start at speeds of 10 Mbps and Google's Fiber dazzles some U.S. cities with one-gigabit-per-second service, the speeds available to many rural Canadians do not even top 1.5 Mbps. Netflix requires speeds of almost six Mbps.

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