, Canada’s Rogers expects to spend up to C$2.9 billion in 2020 – Source Reuters Tech News, iBSC Technologies - learning management services, LMS, Wordpress, CMS, Moodle, IT, Email, Web Hosting, Cloud Server,Cloud Computing
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Canada’s Rogers expects to spend up to C$2.9 billion in 2020 – Source Reuters Tech News

(Reuters) – Rogers Communications Inc (RCIb.TO) said on Wednesday it expects to spend up to C$2.9 billion ($2.21 billion) this year to expand its communications infrastructure in Canada, including for 5G, but warned that “punitive” regulations would slow the deployment of the high speed network.

, Canada’s Rogers expects to spend up to C$2.9 billion in 2020 – Source Reuters Tech News, iBSC Technologies - learning management services, LMS, Wordpress, CMS, Moodle, IT, Email, Web Hosting, Cloud Server,Cloud Computing

FILE PHOTO: Rogers Communications logos are seen above a booth during the media day at the Canadian International AutoShow in Toronto, Ontario, Canada, February 14, 2019. REUTERS/Chris Helgren

Lack of “right” regulations in Canada to build 5G infrastructure puts the proposed investment at risk, Chief Executive Officer Joe Natale said.

“As we enter the world of 5G, regulatory certainty is critical to investment,” Natale said on a post-earnings call.

Canada is reviewing the security implications of 5G networks, including whether to allow China’s Huawei Technologies to supply network equipment.

The Canadian Radio-television and Telecommunications Commission (CRTC) could not be…

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Source Reuters Tech News

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