VANCOUVER – Non-Canadians are purchasing so many common shares of Telus that the company is in danger of violating Canada’s foreign ownership restrictions.
The telco issued a notice Thursday reminding non-Canadian investors of its reservation procedures while warning that that its transfer agent may not be able to approve all pending or new applications. Non-Canadians wanting to buy Telus’ common shares must reserve the right to obtain transfers by contacting the company’s transfer agent, Computershare Trust Company of Canada, and obtaining a reservation number after completing a reservation application.
Telus said that the catalyst for this announcement is “significant buying interest” by…
Continue Reading
TORONTO – Telus has become the latest wireless provider to offer its customers a credit towards a new device for trading in their old handset.
The trade-in program, which seems certain to boost retention, lets new and existing customers present their device at a Telus store for a credit if the phone is recent enough that it can be refurbished or, if not, the company will make a $3 donation to Tree Canada in their name.
Customers can trade in up to three phones, mobile Internet keys or mobile Wi-Fi devices (with a maximum combined value of up to $200). Credits will then be…
Continue Reading
TORONTO – Canadian entrepreneurs are being invited to share their business challenges for a chance to win a $100,000 grant as part of a contest launched Monday by Telus and The Globe and Mail.
Called 'The Challenge', the contest invites small business owners to describe the following in an 800-word submission:
– a challenge their business is currently experiencing (200 words);
– a proposed solution to this challenge and how the $100,000 prize would help overcome that challenge (200 words);
– an explanation of the results they expect to achieve (200 words); and
– a description of how their business incorporates the following values…
Continue Reading
TORONTO – Telus has debuted a series of managed mobility services (MMS) designed specifically for the complex needs of Canadian enterprises.
Powered by Vox Mobile, the services help to manage various aspects of an enterprise's mobile infrastructure and devices from procurement to payment, all while managing wireless devices on multiple platforms, from multiple carriers.
"Mobile device management software has now made it possible to sync new mobile devices across multiple platforms, but there's so much more to consider than just synchronizing email," said Tony Krueck, VP of business products and services, in the announcement. "With the flood of new smart phones,…
Continue Reading
VANCOUVER – Telus has pledged to invest $3 million in British Columbia over the next three years to further expand its wireless and wireline broadband networks, and on the construction of Telus Garden, the company’s new Vancouver-based headquarters.
The company said that its investments will also result in the hiring of 1,300 new employees across the province – 800 this year alone to support its Optik TV and wireless growth, and an additional 500 jobs for the construction of Telus Garden.
"Telus' $3 billion investment over the next three years will support significant economic and community development in every region of…
Continue Reading
TORONTO – Daily deals site Wagjag.com said today it has been selected by Telus to provide a new loyalty program to Telus wireless customers.
Throughout the duration of the program, eligible Telus wireless customers will receive a complimentary $10 WagJag.com credit at the beginning of each month. The credit can be used towards any WagJag purchase before month's end. "Telus is always looking to bring more value and convenience to our customers by teaming up with best in class brands our customers already know and like," said Judy Mellett, director of products and services at Telus. "The $10 WagJag credit…
Continue Reading
TORONTO – Rogers Communications says claims by Bell Canada and Telus that the two wireless competitors and collaborators aren’t sharing spectrum are false. In fact, Telus is using Bell’s spectrum in Toronto for Long Term Evolution (LTE) services, according to Ken Engelhart, senior vice-president of regulatory at Rogers.
Earlier this month, Telus began advertising a 75 Mbps LTE service in Toronto. According to Engelhart, it would be impossible for Telus to provide an LTE service with those kinds of speeds in the 10 MHz of bandwidth it holds in Toronto. It would need 20 MHz to do it. Besides, he…
Continue Reading
TELUS INSISTS THAT THE joint Long Term Evolution (LTE) infrastructure build the company has signed with Bell Canada is simply that: an agreement to share the costs of building out a national LTE network. Nothing more.
There will not be any spectrum sharing, says Michael Hennessy, senior vice-president of regulatory and government affairs at Telus in an interview with Cartt.ca. He explains that the premise of deploying the LTE network in conjunction with Bell is to reduce their respective capital costs of building a national network. “We each control our own spectrum and we’re using our own spectrum to support…
Continue Reading
VANCOUVER – Telus had a busy Friday.
On the financial front, the company released strong fourth quarter and full-year 2011 results across both its wireless and wireline networks. On the network technology side, the company turned on its LTE network in 14 markets from coast-to-coast.
Given the new, much-faster data capabilities of LTE (theoretically up to 75 Mbps download, but more practically somewhere in the 12-25 range), why isn’t Telus charging premium prices for the new devices and perhaps for different speeds of service, Canaccord Genuity analyst Dvai Ghose asked Telus executives during…
Continue Reading
VANCOUVER – Driven by wireless and wireline data growth, fourth quarter 2011 revenue at Telus hit $2.7 billion, an increase of more than 5% over the same three months of 2010, the company reported today.
The increase was generated by 6.5% growth in wireless revenue and 4% growth in wireline revenue, both driven by strong data growth, the company reported. Telus added 148,000 postpaid wireless customers in the fourth quarter as smartphone adoption continued to accelerate, causing wireless data revenue to increase by 43%. “This increase more than offset declining wireless voice revenues, resulting in wireless…
Continue Reading
