Income · Stocks to Consider and Updates

Rogers Launches Wi-Fi and TV Enhancements and Swiss Roaming Agreement

RCIToronto-based Rogers Communications (NYSE: RCI – $39.58), fighting to retain its lucrative wireless oligopoly along with rivals TELUS and BCE’s Bell Canada, launched a new Advanced Wi-Fi Modem, the company’s furthest reaching modem that delivers the most powerful residential Wi-Fi internet coverage. Validated by independent testing, this superior internet experience allows customers to seamlessly connect all their devices with greater range and blazing fast speeds. Rogers is the first carrier globally to launch the fastest Wi-Fi modem powered by the latest Intel (NASDAQ: INTC – $22.51) Puma 6MG chip. The new modem communicates on both the 2.4GHz and 5GHz WI-Fi frequency bands, utilizing high-powered radios to produce a better range and higher speeds. Third-party research conducted by Allion USA, determined that the new Wi-Fi modem is capable of delivering peak Wi-Fi speeds of up to 420 Mbps. In addition, RCI unveiled its next generation TV experience with the launch of NextBox 3.0 – the evolution of its in-home video offering that delivers a superior TV experience allowing customers to record up to eight HD programs at one time and store up to 240 hours of HD shows and movies. Separately, Rogers announced a new agreement with Swisscom to deliver bilateral LTE roaming to customers of both mobile service providers allowing subscribers travelling with a 2600 MHz device to experience one of the world’s fastest available LTE wireless internet speeds while in Canada or Switzerland. Rogers has previously joined mobile providers in Hong Kong and South Korea with similar reciprocal roaming services. Pending the outcome of next month’s tenuous spectrum allocations in Canada, the shares can be held for now.


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