Rogers Communication Inc.
), one of the leading telecom carriers of Canada, has declared
that it will expand its superfast LTE (Long Term Evolution)
network to 44 new markets this spring and extend further to 95
markets by the end of 2013.
The 2600 MHz spectrum band provides higher speed over the same
distance, thus allowing the carriers to provide superfast
internet service to customers. Rogers will be using its blazing
fast 2600 MHz LTE spectrum in all the markets and the LTE
customers in 34 of its 44 new markets will be able to garner a
maximum network speed of 150 Mbps (Megabits per second). However,
in order to benefit from this, LTE customers need to have
2600-enabled devices. Presently, Rogers offers four such devices
including the LG Optimus G2600.
Rogers has more LTE network deployed in the 2600 MHz spectrum
than any other carrier in Canada as its rival operators mostly
use the 1700 and 2100 MHz spectrum band to offer LTE services.
The network expansion will provide million plus Canadians living
in Alberta, Ontario, Quebec and Atlantic Canada access to the
country's fastest wireless network.
Currently, Canadians are using their smartphones and tablets
to download large files stream HD movies and videos and enjoy
various games online. Transferring such huge amounts of data
exert pressure on networks, resulting in slow network speed.
Rogers remain committed to invest in LTE network and LTE-based
devices to meet this growing demand for mobile internet
As per the research firm His iSuppli, LTE subscriber base is
expected to grow more than double in 2013 to 198.1 million as
compared to 2012, thus registering an annualized growth of
We believe Rogers' superfast LTE service is capable of
managing the unprecedented growth of mobile Internet users in
Canada.The expansion will position Rogers much ahead of its
), with LTE coverage in the 2600 MHz band.
Other Stocks to consider
Currently, RCI Inc. carries a Zacks Rank #2 (Buy). Some other
stocks to consider in the telecom industry are
Liberty Global Inc.
). Both Comcast and Liberty Global carry a Zacks Rank # 2
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ROGERS COMM CLB (RCI): Free Stock Analysis
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