iPhone 6 and other new devices will smooth out double cohort effects, says Telus

By Perry Hoffman

WHISTLER - John Gossling, executive VP and CFO at Telus told an investors conference last week that high-end smartphones such as the iPhone 6 and others give the company the ability to address any potential downside from the expiry of a large number of contracts in the latter part of this year.He was referring to the CRTC’s June 2013 decision, outlawing three-year contracts. It came into force on December 3, 2013, which means that all wireless carriers, not just Telus, will have to deal with the ending of both three-year and two-year contracts this year, a number that is larger...