ARLINGTON, Va. – Telus has been named the top philanthropic corporation for 2010 by the Association of Fundraising Professionals.
Telus is the first Canadian company to ever receive this global honor, the group announced today.
The AFP will honor Telus with the 2010 Freeman Philanthropic Services Award for Outstanding Corporation at its Awards for Philanthropy event in Baltimore, Md. on April 13.
“A lot of companies talk the talk about philanthropy, but Telus really makes giving and volunteering a priority,” said Paulette V. Maehara, CFRE, CAE, president and CEO of AFP, in a press release. “Their approach to philanthropy and their demonstrated…
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VANCOUVER – Telus says that it will allow shareholders to have a say on its executive’s pay.
The board of directors unanimously approved the adoption of a non-binding advisory vote by shareholders on executive compensation. This vote, to be held at the annual general meetings in May of 2011, will allow shareholders to give direct feedback to the board on the company’s approach to executive compensation.
The move complements Telus’ ‘pay for performance’ culture. On average, more than 70% of a Telus executive’s 2008 compensation was based on corporate and personal performance measured by a set of transparent, publicly-stated objectives, the company said.
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TORONTO – What would the start of a new year be without predictions?
According to David Neale, chief futurist and SVP strategic content and services for Telus, here are the top five mobility trends for 2010.
1) Your contacts make the call, not your phone.
Phones will no longer be organized around functions, but holistically around contacts.
It’s not about tasks anymore, it’s about people. Instead of categorizing communications by function such as text, voice and email, smart phone interactions will be centred around contacts, offering the flexibility to communicate however you wish, seamlessly, and to view your interactions with them without switching applications….
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VANCOUVER – Telus said that it expects its wireless and wireline broadband networks will power its performance next year.
In an announcement detailing its 2010 financial targets, the Western-based telco predicted that wireless revenue will increase 5 – 9%, depending on the amount of growth in wireless subscriber loading and the extent of ARPU erosion. It says that wireline revenue is expected to grow between -1 to 2% next year, reflecting data growth in business services and residential entertainment services largely offset by continued decreases in its traditional local and long distance segments.
Telus also said that increased data and roaming revenues from its…
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VANCOUVER – Telus let go 125 managers from its business solutions group earlier this week as part of its on-going “efficiency programs” to redeploy staff within the company.
A Telus spokesperson confirmed to Cartt.ca that the move was planned earlier this year, as the company seeks to staff up in growth areas such as Telus TV and emerging small business markets, and trim in others.
www.telus.com
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VANCOUVER – Telus has issued $1 billion senior unsecured notes priced at $99.42 per $100 principal amount for an effective yield of 5.125% per annum. They will mature on December 4, 2019.
The company also announced the redemption on December 31, 2009 of US$583.5 million principal amount of its US$ 8% notes due June 1, 2011.
The bulk of the new issue proceeds will be used to refinance debt and related derivative obligations maturing in 2011, with any excess applied to “general corporate purposes”, including increasing working capital.
Moody’s Investors Service assigned a Baa1 rating to the senior unsecured note issue, the…
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TORONTO – As stakeholders ponder Canada’s national digital strategy, Telus took the process a step further.
In a white paper presented earlier this week at the nextMedia conference in Toronto, the telco suggested that the broadband networks could be the “building blocks to support a digital media ecosystem”.
It proposed the following ten principles to help guide the on-going debate:
– Noting that the government cannot afford to fund the next generation of broadband infrastructure, Telus said that Canada should “trust the market” to do so by encouraging private sector investment.
– It proposed that government find “smart ways”, such as through revenues from the…
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BURNABY – Telus has invested over $70 million in upgrades to its wireless and broadband infrastructure in cities across B.C. for its 3G+ wireless network.
In a flurry of press releases on Friday, the B.C.-based telco announced that the new network is now available in Delta, the tri-cities of Coquitlam, Port Coquitlam and Port Moody, Burnaby and New Westminster, North Vancouver and West Vancouver, Pitt Meadows and Maple Ridge, Richmond, Vancouver, Surrey and White Rock, Whistler and Pemberton, Squamish and along the Sea-to-Sky highway corridor.
Covering 1.1 million square kilometres, the network also extends high-speed Internet service to about 2,100 locations in…
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CAMPBELL RIVER, BC – Telus TV has arrived to challenge the television provider incumbents in more five more communities in British Columbia and Alberta.
Over the last week, the telco has launched its IP-based TV product in Campbell River, Mission and Chilliwack BC, and in Medicine Hat, and Lethbridge, AB. The service offers more than 390 channels, including 35 in HD, as well as an HD PVR, video-on-demand and pay-per-view.
As an added incentive, Telus is pledging to donate $100 for every new subscriber to various local charities such as a park restoration or the local YMCA/YWCA. On Vancouver Island, its donations…
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GATINEAU – The sale of advertising time on American cable channels, by a new third-party company, is now back on the industry’s agenda.
In its presentation to the CRTC this morning Telus advocated an approach by Mediadenovo which would see the new company (Italian for “media of the new”, we’re told) – which is headed by former Canadian Association of Broadcasters president and CEO Glenn O’Farrell – sell the two minutes per hour of local availability ad time to national advertisers.
American cable channels like CNN, A&E, Golf Channel and others make that time available to distributors to sell into local…
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