07:34:02 EDT Mon 29 Apr 2024
Enter Symbol
or Name
USA
CA



BCE Inc (2)
Symbol BCE
Shares Issued 912,289,567
Close 2023-07-24 C$ 58.39
Market Cap C$ 53,268,587,817
Recent Sedar Documents

Globe says feds getting impatient in Big 3's subway row

2023-07-25 07:52 ET - In the News

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

The Globe and Mail reports in its Tuesday edition that the Industry Department is jumping into the escalating dispute over wireless networks within Toronto's subway system, laying out new timelines aimed at speeding up an arrangement between the telcos. The Globe's Irene Galea writes that Industry Minister François-Philippe Champagne previously vowed to step into the dispute after urging wireless providers to work out a deal on their own. Now, his department is seeking comments on a proposed arbitration process that would enforce timelines and conditions on the telcos' negotiations. "While all carriers expressed an interest in a co-ordinated solution, progress in negotiations has been limited. Despite my request to do so, the carriers have not reached an agreement," Mr. Champagne said in a news release Monday. "That is why I am taking action to address this situation." Since Rogers acquired the rights to develop wireless service in Toronto's subway in April, rivals Bell and Telus have argued for a joint model in which all three telecoms would build the network together, as has been done in Montreal. The companies have yet to come to an agreement, and have since roped Canada's telecom regulator into the process.

© 2024 Canjex Publishing Ltd. All rights reserved.