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Stock impact report

Completion of Rogers' 5G network for TTC delayed by maintenance, asbestos cleanup [Globe and Mail, The (Toronto, Canada)]

Telus Corporation Ordinary Shares (TU) 
Last telus corporation ordinary shares earnings: 2/13 06:45 am Check Earnings Report
US:NYSE Investor Relations: telus.com/en/about/investor-relations
A new report detailing updates on the transit agency's major projects, which is set to go before a Toronto Transit Commission board meeting next Wednesday, says Rogers' 5G implementation is at risk of missing targets. While service has been activated in large chunks of the subway system already, including the busiest stretch of the network located downtown, the two-and-a-half-year project remains ongoing and progress lags in other tunnel sections. In 2023, the federal government imposed conditions on Rogers and other carriers offering coverage through the Rogers-owned network, which required that voice, text and data services be turned on in 80 per cent of subway tunnels by December, 2025, and the entire system a year later. Rogers launches 5G service on parts of TTC subway system as row with rival telecoms brews The TTC report's updated projections say 70 per cent of tunnels will be completed by the end of this year and 88 per cent by the end of 2026. The commission expects Show less Read more
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