TORONTO – Telus Mobility and Telehop have finalized an agreement allowing Telus’ wireless customers to select Telehop's dial-around long distance services.
By dialing #100 and then entering the destination number, mobile customers will be charged for a Telehop per minute long distance calling plan which includes 0.05 per minute calling to destinations such as China, India, Israel, Mexico, Australia and most of Europe. Long distance rates to Pakistan, Vietnam, Russia and South Africa are 0.10 per minute, while calls to Jamaica and Trinidad are 0.15 per minute and 0.20 per minute, respectively. The charges will appear on the customer's regular…
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VANCOUVER – Telus is offering its shareholders another chance to approve a plan that would see them attain equal voting rights.
After dropping its original proposal in May, Telus said Tuesday that shareholders will be asked on October 17 to vote on a plan allowing them to exchange non-voting shares into common shares on a one-for-one basis. The telco added that the plan will require approval from two-thirds of its non-voting share votes, and a simple majority of common share votes cast at the meeting.
"With this proposal we are responding to the overwhelmingly positive support from shareholders since we introduced…
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VANCOUVER – Add Telus to the list of stakeholders opposing Bell’s planned purchase of Astral Media.
The telco issued a statement Tuesday backing the ‘Say No To Bell’ coalition, and voicing its concern over the “unprecedented concentration of market power in the broadcasting sector would have on Canadian consumers”.
“All Canadians should be able to access the content they want through the provider they choose; we all benefit from competition between a variety of organizations and no one company should be in a position to take away choice or access to content for consumers,” said president and CEO Darren Entwistle,…
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TORONTO – Popular Bollywood entertainment channel, ZEE Cinema, launched on Rogers Digital Cable and Telus Optik TV in Canada this month.
Zee Americas has entered into a long-term distribution agreement with Toronto’s Ethnic Channels Group for ZEE Cinema in Canada. The deal provides Ethnic Channels Group the rights to distribute the service on cable and satellite platforms here.
“This is exciting for us in that for the first time ever we are able to focus our marketing and unlock the strength of…
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VANCOUVER – Telus has expanded its 4G LTE network across metro Vancouver.
The telco said Thursday that the service is now available in Burnaby, New Westminster, West Vancouver, North Vancouver, South Delta and Vancouver. Additional B.C. communities, including Southern Vancouver Island, Whistler, Prince George, the Okanagan and Peace River region, are expected to receive access later this year.
“With an LTE device our customers can enjoy the fastest wireless technology available in the world today – we are continuing to expand this new technology, community by community, so that by the end of the year, nearly 90% of B.C. residents are…
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WIND MOBILE PARENT COMPANY Globalive has said again the CRTC must hold a public hearing to find out for sure if the ownership of Telus is Canadian enough.
Back in June, Globalive sent a petition to the CRTC which said Telus’s recent aborted attempt to convert to a single share structure showed the Vancouver-based telco may not be complying with Canada’s telecom ownership rules and therefore it may well be in breach of the Telecom Act. So, a full public hearing must be held to determine whether or not Telus is Canadian enough.
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VANCOUVER – Strong wireless and wireline data growth drove Telus to a very good second quarter, the big telco announced this morning.
Second quarter (ended June 30, 2012) revenue increased 4% to $2.7 billion while earnings before interest, taxes, depreciation and amortization (EBITDA) increased by 5% to $1 billion, the company reported. Earnings per share rose 2% to $1.01, or 6% when excluding income tax adjustments and a gain on the Telus Garden real estate development.
Quarterly growth was primarily generated by a 7% increase in wireless revenue and 13% increase in wireless EBITDA, plus strong revenue growth of 8.5% in…
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HALIFAX – Telus will invest $8.4 million and hire 65 new employees over the next three years to expand its 4G LTE network in Atlantic Canada.
As part of this investment, Telus said Wednesday that it will invest $5 million in Nova Scotia alone, including $3.8 million in the Halifax Regional Municipality.
"Telus’ $8.4 million investment in Atlantic Canada over the next three years supports the enhancement and expansion of our wireless service, which is based on the most advanced, fastest wireless technology available in the world today," said Ken Power, director of Atlantic Canada, in the news release. "The demand…
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VANCOUVER – Telus says that it has always been compliant with Canada's foreign ownership restrictions for telecommunications companies, and called on the CRTC to dismiss the “misleading allegations” made by Globalive and Mason Capital.
In a formal response to the Commission on Monday, the telco reported that as of June 29, 32.59% of its voting shares were held by non-Canadians, an amount that falls just below the federal limit of 33.3%. This includes the holdings of its shareholder Mason, a New York-based hedge fund, which recently reported that it held a 19.98% ownership stake of Telus’ common shares.
"Globalive relies on…
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OTTAWA – Communications giant Bell Media was batting .500 Friday after the CRTC awarded it a win, and a loss, in two final offer arbitration disputes between it and the Canadian Independent Distributors Group (CIDG) and Telus.
In its decision on Bell Media versus the CIDG, a group consisting of the CCSA, Cogeco and MTS, the Commission noted that both sides made “significant strides” to resolve the issues between them, and that both offers provided commercially reasonable terms and more consumer choice.
The CIDG final offer affiliation agreement, however, was “inconsistent” with the standstill rule of the Commission’s vertical…
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