Shared network will bring benefits of LTE to more consumers and businesses by 2014 Expanded LTE coverage in rural regions
MONTRÉAL, May 29, 2013 /PRNewswire/ - Today, Videotron and Rogers announced an agreement to bring LTE to even more customers in the province of Québec and the Ottawa region. Under the 20-year agreement, the two companies will pool their efforts to quickly build out and operate a shared LTE wireless network, the most advanced wireless technology in the world. This network will deliver an optimal user experience for consumers and businesses in both key markets.
This announcement builds on Rogers extensive LTE footprint across Canada, including Montreal, Ottawa and Québec City. The fast-paced rollout of LTE infrastructure will position the two companies to meet the steadily growing needs of consumers and businesses, ensuring many more can enjoy incredibly fast speeds, throughput and take advantage of the latest and greatest LTE enabled devices.
"This agreement will benefit businesses and consumers and is part of Rogers focused, strategic game plan," said Nadir Mohamed, President and Chief Executive Officer, Rogers Communications Inc. "This network and spectrum sharing agreement, combined with the expansion of our LTE footprint, will allow even more consumers to experience the superior connectivity and incredibly fast speeds that LTE delivers.""This is excellent news for our customers and our shareholders. This agreement will enable us to go farther and to do it faster and is indicative of our determination to anticipate our customers' needs and to maintain the close relationship we have built with them." said Robert Dépatie, President and CEO of Quebecor Inc. and CEO of Videotron. Under this agreement, Videotron and Rogers will share the cost of deploying and operating a shared LTE network. This will deliver capital and operating savings, allowing both companies to reinvest in their customers and networks. Videotron and Rogers will maintain their business independence, including their product and service portfolios, billing systems and customer data.