Telecom rivals partner for next generation
By The Canadian Press - For Business Edge
Published: 10/17/2008 - Vol. 5, No. 21
Telecom rivals BCE Inc. (TSX:BCE) and Telus (TSX:T) say they will work together to develop third- and fourth-generation wireless networks.
The companies said they are each working to launch the 4G LTE technology as it becomes available by early 2010.
In the interim, they have entered a network sharing agreement that will develop high speed packet access (HSPA) technology, a version of the GSM technology used by Rogers Communications (TSX:RCI.B).
The agreement allows both companies to lower the cost and increase the speed of the build-out of the national network.
It also could allow them to run trendy new smartphones such as the iPhone and Blackberry Bold, which are now only available in Canada with Rogers.
Telus CEO Darren Entwistle said the technology evolution is a win for Canadian consumers.