Money

Wireless network partnership for Rogers and Videotron

QMI Agency

Quebecor President and CEO Robert Dépatie. (PHILIPPE-OLIVIER CONTANT/QMI AGENCY)

Quebecor President and CEO Robert Dépatie. (PHILIPPE-OLIVIER CONTANT/QMI AGENCY)

Videotron has announced a new partnership with Rogers to expand the LTE network in the Ottawa region and Quebec, the companies announced in press release Wednesday.

The companies signed a 20-year agreement to build and operate the shared LTE wireless network to deliver a better user experience for customers.

LTE is form of high-speed data transmission used for wireless devices.

The agreement allows both companies to build from Rogers' LTE network across Canada, and a quick rollout will increase the availability of high-speed wireless communication for customers.

By sharing the network, LTE infrastructure will be enhanced especially in Quebec's urban and rural areas, the release stated, which will reduce the digital divide between urban and rural areas in Quebec.

The upgraded network will also allow Videotron to expand its selection of wireless devices.

In the agreement, Rogers will receive $200 million and Videotron will get $93 million, payable over 10 years.


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