VANCOUVER – Telus announced its second quarter results today, which includes a 9.5% increase in adjusted EBITDA over the same period in 2020, to $1.5 billion.
The company further reported consolidated operating revenues and other income increased to $4.1 billion – a 10% increase from the same period last year, according to a news release. Telus had 223,000 customer net additions, which is up 82,000 over last year, and 89,000 mobile phone net additions, representing an increase of 28,000 over last year.
“We’re obviously very proud of the quarter,” said Jim Senko, president of mobility solutions at Telus, in an…
Continue Reading
OTTAWA – Innovation, Science and Economic Development Canada announced today the provisional results of the 3500 MHz auction, which earned a total of $8.91 billion.
The auction began in June and concluded July 23. Winning bidders have until August 13 to submit 20% of their final payment and until October 4 to submit the remaining 80%. The money will be paid into the Consolidated Revenue Fund administered by the Receiver General of Canada, according to an ISED press release.
In total, 15 Canadian companies were awarded 1,495 licences, 757 of which went to small and regional players.
“Results of the…
Continue Reading
TORONTO — WildBrain Television announced today it has commissioned a new 26-episode series, The Fabulous Show with Fay and Fluffy, which aims to encourage inclusivity and kindness among children aged 3 to 6.
Produced by Lopii Productions, the cabaret-style show is hosted by Toronto drag duo Fay Slift (JP Kane, above right) and Fluffy Soufflé (Kaleb Robertson, above left) who “foster a love of reading and encourage kindness and empathy through community, story, song and silliness,” says a press release.
In addition to their puppet friends, Fay and Fluffy are joined on the show by special guests, such as musicians Splash’N…
Continue Reading
Bureau notes past Shaw comments about its influence in the market
By Ahmad Hathout
OTTAWA – The Competition Bureau has asked the Federal Court to compel the disclosure of records from four telecoms related to its inquiry into the proposed purchase of Shaw by Rogers.
The competition watchdog filed the first in a possible series of document requests on July 22, which, if approved, will force Bell, Telus, Quebecor, and Xplornet (respondents) to disclose related information on mobile wireless activity in the shared operating provinces of British Columbia, Alberta, Ontario and Manitoba, and outside.
That information, which falls roughly within the timeframe between…
Continue Reading
By Denis Carmel
IN A DECISION RENDERED last Thursday, the Federal Court of Appeal (FCA) dismissed an application for judicial review that had been brought by six broadcasting distribution undertakings (BDUs) and partially granted an application made by a group of nine collective societies.
The appeals stem from a decision from the Copyright Board of Canada (the Board), issued in August 2019 relating to royalties for the period 2014–2018.
In Canada, cable providers (BDUs) can distribute local over-the-air television signals for free and without permission from the signal owner. But, in the case of distant signals, the BDUs can distribute without permission…
Continue Reading
Telus fastest mobile operator during the quarter
SEATTLE — Shaw Communications and Rogers Communications were the fastest fixed broadband providers in Canada in the second quarter of 2021, according to Seattle-based broadband and mobile network testing company Ookla, which released its Q2 2021 Canada Market Report today.
Using Speedtest Intelligence data from the second quarter, Ookla gave Shaw and Rogers speed scores of 181.66 and 179.95, respectively, for their fixed broadband network performance. Ookla’s speed score incorporates measurements of each provider’s download and upload speeds to rank network speed performance, with 90% of the final score being attributed to download…
Continue Reading
CALGARY — Shaw Communications announced today Suncor will be the first presenting sponsor of its Shaw Charity Classic golf tournament which, after being cancelled last year due to Covid-19, is returning to Calgary in August.
“The Shaw Charity Classic presented by Suncor promises to play a key role in building our community back stronger from the pandemic,” said Sean Van Kesteren, the tournament’s executive director, in a press release.
Since its inception in 2013, the Shaw Charity Classic has raised more than $61.1 million for Alberta youth charities, primarily through its Shaw Birdies for Kids presented by AltaLink charitable program.
“Over the…
Continue Reading
CityWest, meanwhile, seeks to be its own last-mile provider
By Ahmad Hathout
Shaw Communications wants to, in some capacity, get involved in British Columbia’s $45.4-million Connected Coast fibre project, according to a briefing note obtained by Cartt.ca.
The company has asked the project’s main proponents, Prince Rupert’s CityWest and the Strathcona Regional District, to “partner to accelerate the delivery of service and/or as a key wholesale customer,” according to the note, written ahead of a February 3, 2021 meeting between company officials and B.C.’s Ministry of Citizens’ Services, which manages broadband in the province.
CityWest and Strathcona had chosen Baylink Networks as the prime…
Continue Reading
TORONTO — Following its annual members’ meeting, the Canada Media Fund (CMF) today announced the appointment of Jason Badal, Sanae Takahashi and Chantale Coulombe to its board of directors.
Badal is currently director of the multinational merchants segment at Shopify and prior to that was head of business affairs and development at Rogers Media (before it was called Rogers Sports and Media) and Sportsnet. Before that, he was director of business and legal affairs at Score Media, before it was acquired by Rogers Media.
Now retired, Takahashi is an experienced strategic planner and marketing professional with 20 years of executive experience…
Continue Reading
CALGARY – Shaw Communications last week posted a revenue increase of 4.8% to $1.38 billion for the company’s third quarter of 2021, which ended on May 31st, compared to the same quarter in 2020.
The company also saw an increase of 5.4% to $642 million, in its adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) in the quarter. Shaw’s Q3 results included what it called “incremental wireline consumer revenue of approximately $20 million related to the release of a provision following the CRTC decision on final aggregated third party internet access (TPIA) rates.”
“Our third quarter and year-to-date results reflect…
Continue Reading
