Cable / Telecom News

ANALYSIS: Telus CEO warns investors the days of price increases driving growth are over

VANCOUVER – Okay, so Telus CEO Darren Entwistle didn’t say exactly what it says in our headline above, but that’s the gist we gleaned from the legendarily loquacious chief executive after the company’s second quarter conference call with financial analysts on Friday. Let us explain.In the second half of the call, Entwistle was asked if he was concerned about regulatory intervention on wireless pricing by Scotiabank analyst Jeff Fan. The topic has been hotly discussed in the wireless industry of late, especially since a letter which the CRTC sent to all players two weeks ago expressly talked about rate regulation.His...