21:07:31 EDT Sat 18 May 2024
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Telus Corp (2)
Symbol T
Shares Issued 1,446,786,209
Close 2023-05-16 C$ 27.45
Market Cap C$ 39,714,281,437
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Globe says BCE, Telus want in on Rogers's subway action

2023-05-17 08:28 ET - In the News

See In the News (C-BCE) BCE Inc (2)

The Globe and Mail reports in its Wednesday edition that BCE and Telus are asking Industry Minister François-Philippe Champagne to help them secure a commitment from Rogers Communications that their customers will be allowed onto the expanded wireless network on Toronto's subway system concurrently with Rogers customers. The Globe's Alexandra Posadzki writes that in April, Rogers announced that it had struck a deal to acquire BAI Canada Inc., the company with the sole right to develop wireless infrastructure inside Toronto Transit Commission tunnels, for an undisclosed amount. Rogers has said that it plans to bring other carriers on board. However, BCE and Telus are frustrated with the pace of negotiations and are concerned that Rogers is attempting to gain a commercial advantage by delaying access to the network for non-Rogers customers. BCE said that it wants the government and the TTC "to ensure that all carriers be given access on day one. ... Rogers should not be allowed to be the gatekeeper that decides when subway riders will get access based on the wireless carrier of their choice, and customers shouldn't be left stranded while they wait for 5G to be deployed in the subway, which could take years."

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