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Rogers Wins Additional National Wireless Spectrum to Expand Advanced Wireless Services to Canadians
Jul 21, 2008
TORONTO, July 21 /CNW/ - At the close of the Canadian federal government's Advanced Wireless Spectrum auction today, Rogers Communications confirmed its increased spectrum holdings will ensure the company is well prepared to serve its customers now and in the future with leading innovative broadband wireless services. "The 20 MHz of Advanced Wireless Services (AWS) spectrum gained through the auction supports Rogers' continued growth strategy, and is a responsible investment particularly in the future diverse and growing opportunities to be found in broadband wireless data services," said Rob Bruce, President, Rogers Wireless. "This additional spectrum provides us with the flexibility to ensure we continue our history of launching the most innovative products and services that Canadians want today, and in the future." Rogers Communications was the winning bidder for 20 MHz of spectrum in all 59 areas of the country, and was the only party to achieve this. In total, Rogers will pay $999,367,000. The new spectrum will add to the company's current portfolio of spectrum holdings and confirms Rogers Communication's ongoing commitment to Canadians by being in a position to continue our clear competitive advantage as Canada's largest and fastest wireless carrier in all Canadian markets. About Rogers Communications Rogers Communications is a diversified Canadian communications and media company. We are engaged in wireless voice and data communications services through Wireless, Canada's largest wireless provider and the operator of the country's only Global System for Mobile Communications ("GSM") based network. Through Cable and Telecom we are one of Canada's largest providers of cable television, cable telephony and high-speed Internet access, and are also a full-service, facilities-based telecommunications alternative to the traditional telephone companies. Through Media, we are engaged in radio and television broadcasting, televised shopping, magazines and trade publications, and sports entertainment. We are publicly traded on the Toronto Stock Exchange (TSX: RCI.A and RCI.B), and on the New York Stock Exchange (NYSE: RCI). For further information about the Rogers group of companies, please visit www.rogers.com.