ParkRiver
  • What’s New
  • Market
  • Global
  • Finance

Subscribe to Updates

What's New

Central Universities (Amendment) Bill, 2022: National Road Transport Institute to be renamed as Gati Shakti University – All you need to know

Digital Assets Are a Transformative Innovation on Par With Internet, Cars and Electricity, Says Wells Fargo

What's Hot

Central Universities (Amendment) Bill, 2022: National Road Transport Institute to be renamed as Gati Shakti University – All you need to know

Digital Assets Are a Transformative Innovation on Par With Internet, Cars and Electricity, Says Wells Fargo

Facebook Twitter Instagram Pinterest Tumblr LinkedIn Reddit
Facebook Twitter Instagram
ParkRiverParkRiver
  • Whats-New
  • Global
  • Market
  • Finance
  • Resources
  • Special
  • Opinion
Subscribe
ParkRiver
Home»Business»Rogers Hires New Chief Technology Officer After Internet Outage

Rogers Hires New Chief Technology Officer After Internet Outage

Business
Share
Facebook Twitter LinkedIn Pinterest Tumblr Reddit VKontakte Telegram WhatsApp





Rogers Communications (RCI) has appointed a new chief technology officer (CTO) after its
national internet outage left Canadian businesses and individuals offline for more than 15 hours.

The Toronto-based telecommunications company has named Ron McKenzie as its news CTO.
He replaces Jorge Fernandes in the role. McKenzie had previously led Rogers’ business unit
that sold telecom services to corporate clients.

The network outage on July 8 left millions of Rogers’ clients unable to access wireless internet,
cell phone, or television services. The company has said that the outage resulted from a
“maintenance update.”

The outage also shutdown several important services, including 9-1-1 calls and bank machines,
leading the Canadian Radio-television and Telecommunications Commission (CRTC), the
country’s broadcast regulator, to call on Rogers to improve its network reliability.

Rogers has said it will provide impacted customers with a five-day credit, which analysts expect
could cost the company as much as $175 million. The company is also planning to split its
wireless and cable networks into two separate units to help prevent future outages.

The system-wide internet outage has put under a microscope Rogers’ proposed $20-billion
acquisition of rival Shaw Communications (SJR), which still requires the blessing of the federal
government in Ottawa.

Rogers’ stock is down 2% this year at $46.67 per share.

Keep Reading

Share. Facebook Twitter Pinterest LinkedIn Tumblr Reddit VKontakte Telegram WhatsApp

Related Posts

NESG urges reforms as Buhari’s legacy at stake

Nigeria borrows N7 trillion to finance 2021 budget

Stocks Notch Weekly Gains on Jobs Report

Stocks Struggle to Surpass Breakeven

Add A Comment

Leave A Reply Cancel Reply

Editors Picks

ඔන්ලයින් මුදල් ණය ශ්‍රී ලංකාව: ක්ෂණික මුදල් ණය මාර්ගගතව

Volkswagen (VWAGY) Stock Analysis

CRIF elevates Navin Chandani as Regional Managing Director–India and South Asia

Happy 6Eteen, IndiGo – How Akasa Air congratulated IndiGo on its 16th birthday

Latest Posts

Central Universities (Amendment) Bill, 2022: National Road Transport Institute to be renamed as Gati Shakti University – All you need to know

Digital Assets Are a Transformative Innovation on Par With Internet, Cars and Electricity, Says Wells Fargo

[TOP STORY] Musings on Pelosi’s Taiwan trip, the Ukraine war and Tesla’s valuation

Musk urged to build Tesla factory in Teeside

Subscribe to Updates

Navigation
  • Opinion
  • Resources
  • Special
  • Stock
Coverage
  • What’s New
  • Market
  • Global
  • Finance
Resources
  • Business
  • Economy
  • Banking
  • Investing
© 2022 ParkRiver. Designed by ThemeSphere.

Type above and press Enter to search. Press Esc to cancel.