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BCE Inc (2)
Symbol BCE
Shares Issued 912,144,287
Close 2023-04-11 C$ 63.13
Market Cap C$ 57,583,668,838
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Globe says Rogers gets exclusive rights to TTC subway

2023-04-12 07:45 ET - In the News

See In the News (C-RCI) Rogers Communications Inc

The Globe and Mail reports in its Wednesday edition that Rogers is pledging to expand wireless service on Toronto's subway system once it acquires BAI Canada, raising complaints from Bell that it was not given the opportunity to bid. The Globe's Irene Galea and Oliver Moore write that Rogers said in a statement that it has reached an agreement to acquire BAI Canada, the company with the sole right to develop wireless infrastructure inside the city's transit tunnels. Rogers said this will allow it to bring calling and Internet connectivity to all Toronto Transit Commission stations, platforms and tunnels within two years. The company did not disclose financial terms. Rogers said it would work to bring other carriers on board as it builds out the network. Jacqueline Michelis, a spokesperson for Bell Canada, said the company is troubled that it was not included in the bidding process. She said Bell is asking the city to "show some leadership" by mandating immediate access for all carriers. TTC chief executive officer, Richard Leary, has been in conversations with Rogers, which plans to work with other carriers to build out the system. Currently, only customers of Freedom Mobile have cell connections in the subway.

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