Stock Market News

Rogers to invest C$10 billion in AI, testing after massive outage

2022.07.25 08:50

Rogers to invest C$10 billion in AI, testing after massive outage
The Rogers Building, the green-topped corporate campus of Canadian media conglomerate Rogers Communications is seen in downtown Toronto, Ontario, Canada July 14, 2022. REUTERS/Chris Helgren

(Reuters) – Rogers (NYSE:ROG) Communications Inc said on Sunday it will invest C$10 billion ($7.74 billion) over the next three years in Artificial Intelligence (AI), and more testing and oversight, just weeks after the company reported network issues that caused widespread disruptions across the country.

Chief Executive Officer Tony Staffieri said the Canadian telecom operator has made progress on a formal agreement between carriers to switch 911 calls to each other’s networks automatically – even in the event of an outage on any carrier’s network.

“I believe this is the only responsible way forward and I am personally committed to making it possible for all Canadians,” Staffieri said in a letter on Sunday. (https://roge.rs/3zu3iU4)

Staffieri said that the company is physically separating wireless and internet services to create an ‘always on’ network – to help make sure the customers don’t experience an outage with both cellular and internet services again.

Earlier this month, the operator that has about 10 million wireless subscribers and 2.25 million retail internet subscribers, suffered a glitch that lasted nearly 19 hours, disrupting services from flights to banking and emergency 911 calls.

The Canadian government has also ordered a probe and demanded telecoms companies agree within 60 days to develop communication protocols to keep people better informed.

($1 = 1.2914 Canadian dollars)

Source

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 98,267.33 0.02%
ethereum
Ethereum (ETH) $ 3,438.70 1.41%
tether
Tether (USDT) $ 0.998755 0.08%
xrp
XRP (XRP) $ 2.25 1.86%
bnb
BNB (BNB) $ 703.91 0.19%
solana
Solana (SOL) $ 194.93 2.09%
dogecoin
Dogecoin (DOGE) $ 0.325481 2.46%
usd-coin
USDC (USDC) $ 0.999358 0.10%
staked-ether
Lido Staked Ether (STETH) $ 3,429.12 1.59%
cardano
Cardano (ADA) $ 0.89561 3.13%
tron
TRON (TRX) $ 0.254229 0.91%
avalanche-2
Avalanche (AVAX) $ 39.22 4.66%
chainlink
Chainlink (LINK) $ 23.73 4.26%
the-open-network
Toncoin (TON) $ 5.86 0.12%
wrapped-steth
Wrapped stETH (WSTETH) $ 4,082.82 1.30%
shiba-inu
Shiba Inu (SHIB) $ 0.000022 4.07%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 98,235.32 0.43%
sui
Sui (SUI) $ 4.38 4.20%
hedera-hashgraph
Hedera (HBAR) $ 0.308375 1.16%
stellar
Stellar (XLM) $ 0.37345 4.08%
polkadot
Polkadot (DOT) $ 7.28 2.08%
weth
WETH (WETH) $ 3,438.90 1.35%
bitget-token
Bitget Token (BGB) $ 6.45 29.14%
bitcoin-cash
Bitcoin Cash (BCH) $ 452.81 2.56%
hyperliquid
Hyperliquid (HYPE) $ 26.28 12.39%
leo-token
LEO Token (LEO) $ 9.48 0.59%
litecoin
Litecoin (LTC) $ 107.50 0.82%
uniswap
Uniswap (UNI) $ 13.37 5.77%
pepe
Pepe (PEPE) $ 0.000018 5.08%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,630.40 1.36%
near
NEAR Protocol (NEAR) $ 5.29 4.75%
ethena-usde
Ethena USDe (USDE) $ 0.998325 0.11%
usds
USDS (USDS) $ 0.998367 0.20%
aave
Aave (AAVE) $ 354.24 4.38%
internet-computer
Internet Computer (ICP) $ 10.83 4.48%
aptos
Aptos (APT) $ 9.27 4.90%
crypto-com-chain
Cronos (CRO) $ 0.154364 4.22%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.49898 3.90%
mantle
Mantle (MNT) $ 1.22 0.82%
vechain
VeChain (VET) $ 0.049632 4.62%
ethereum-classic
Ethereum Classic (ETC) $ 26.67 3.28%
render-token
Render (RENDER) $ 7.33 5.55%
whitebit
WhiteBIT Coin (WBT) $ 24.75 0.33%
bittensor
Bittensor (TAO) $ 480.12 4.30%
mantra-dao
MANTRA (OM) $ 3.71 2.54%
monero
Monero (XMR) $ 189.86 2.70%
dai
Dai (DAI) $ 0.999746 0.05%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.31 4.93%
arbitrum
Arbitrum (ARB) $ 0.777622 3.70%
filecoin
Filecoin (FIL) $ 5.17 4.24%