Canada's largest wireless network operator,
Rogers Communications Inc.
) has collaborated with U.S. telecom major
) to offer telematics services in Canada.
Sprint's telematics service, known as "Sprint Velocity," will
provide seamless connectivity to vehicles under Rogers' wireless
network. The connected service will include news, weather,
sports, navigation, climate control, security, emergency services
and vehicle diagnostics. These services can be availed through an
in-dash touch screen system in the vehicle.
Sprint Velocity is also a provider of connectivity for mobile
devices in the car including smartphones and tablets. All the
connected services are available with an in-dash touch screen.
Sprint Velocity, the global end-to-end automotive systems
solution, allows vehicle manufacturers to develop and market
connected services for cars as well as passenger trucks.
Rogers leads the Canadian market in delivering Machine-to-Machine
(M2M) and wireless business solutions.
As per industry research, there will be nearly 100 million
connected cars on the road by the end of 2016. Moreover, by 2021,
higher adoption of connected cars will allow the automotive and
transport sector to gain significant revenues related to the
connectivity service, thus driving growth for Rogers.
We also believe that the demand for connected cars is likely to
show a steep rise in the future because of its advanced features,
thereby contributing to top line growth for Rogers. Moreover, the
company will also gain a competitive edge against other Canadian
Currently, Rogers Communications has a short-term Zacks Rank #4
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