08:21:04 EDT Mon 29 Apr 2024
Enter Symbol
or Name
USA
CA



BCE Inc (2)
Symbol BCE
Shares Issued 912,173,328
Close 2023-06-07 C$ 61.34
Market Cap C$ 55,952,711,940
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Globe says Rogers keen to get deal on Toronto's subway

2023-06-08 07:30 ET - In the News

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

The Globe and Mail reports in its Thursday edition that Rogers Communications has proposed a framework to Ottawa that would see the telco enter into arbitration with BCE, Telus and Quebecor if it is unable to reach commercial agreements with at least one of those carriers by Aug. 15 regarding access to its wireless network on Toronto's subway system. The Globe's Alexandra Posadzki writes that BCE and Telus have been pressing federal Industry Minister François-Philippe Champagne to help them secure a commitment from Rogers that their customers will be allowed onto the network concurrently with Rogers customers. The rival telcos, which have been advocating for a joint build model in which all carriers own a stake in the network, are concerned that Rogers is attempting to gain a commercial advantage by delaying access to the network for non-Rogers customers for a period of time. Under the framework that Rogers has proposed, the timing of access, the costs and the technical specifications for the upgraded network that Rogers is planning to build would be worked out during commercial negotiations between the carriers. In its letter, Rogers says it is committed to reaching a "reasonable commercial agreement" by Aug. 15.

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