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Stock impact report

Canada’s spectrum regulator introduces new fee framework for telecom companies [Globe and Mail, The (Toronto, Canada)]

Rogers Communication, Inc. (RCI) 
Last rogers communication, inc. earnings: 4/22 07:00 am Check Earnings Report
US:NYSE Investor Relations: investors.rogers.com
On March 7, Innovation, Science and Economic Development Canada (ISED) updated the rates that telecom companies pay to license certain cellular mobile spectrum – airwaves used to transmit wireless signals – for the first time in more than two decades. The new fee structure take effect in the 2026-27 financial year. For some telecoms, particularly small competitors, the new fee framework will lower costs substantially. For others, including Rogers Communications Inc. RCI-B-T -1.28% decrease and BCE Inc. BCE-T -1.58% decrease, it will mean a sharp jump in fees in the years to come that some telecoms say will be passed onto consumers. It’s the latest area of division for the industry, where large players, small competitors and the regulator clash ov Read more
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