U.S. Markets closed

RCI Extends Smart Home Solutions

Zacks Equity Research

Canada-based Rogers Communications Inc. (RCI) to offer its popular Smart Home Monitoring solutions to customers residing near Newfoundland and New Brunswick.

Rogers’ Smart Home Monitoring is a security system that allows customers to stay connected with their homes at all times. The security solution allows customers to control their lights, cameras or even thermostats to adjust room temperature and can using a smartphone or tablet.

Rogers started offering its Smart Home Monitoring Solution from Aug 2011 to customers residing near Ontario. The new technology started gaining huge popularity as subscribers benefit from this dual-network system that has both cable and wireless connectivity, thereby allowing them to enjoy ensuring a smooth lifestyle.

Rogers provides application for this service that runs on Apple Inc.’s (AAPL) iOS, Google Inc.’s (GOOG) Android and Research In Motion’s (BBRY) BB 10-operating platform.

The demand for Home security solution is on the rise as human life has become extremely complicated and hectic. So, implementing the new technology will make life simpler by maintaining proper balance between workplace and home.

Some of the unique features of the Smart Home Monitoring System are that it allows customers to identify a leak in the water tank or get mail alerts via their smartphone applications when their kids arrive home, thus allowing them to stay connected connecting them to their homes and families.

We also believe that the launch of home security and monitoring service will create a new revenue platform for Rogers, as the company can include the home solution package along with other bundled offerings to its subscribers, hence driving the top line.

Currently, Rogers Communications has a Zacks Rank #2 (Buy).

Read the Full Research Report on RCI

Read the Full Research Report on BBRY

Read the Full Research Report on GOOG

Read the Full Research Report on AAPL

Zacks Investment Research

More From Zacks.com