VANCOUVER – Telus Corporation reported a slim 1% growth in revenue for its first quarter, and lowered its full-year guidance accordingly.
Revenue for the quarter ended March 31, 2009, was $2.375 billion, an increase of $25 million, led by a 3% growth in wireless revenue and a 6% growth in wireline data revenue, which the company said more than offset its on-going declines in local and long distance wireline revenues.
The Burnaby, BC based telecom company lowered its 2009 guidance to “reflect the worsening Canadian economy since (December 2008), weaker than expected wireless results at Telus and the industry in…
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VANCOUVER – In an effort to bring a stronger fourth leg to its connectivity bundle (wireline phone, Internet, wireless and digital TV), Telus today announced it will add satellite television this year.
The company has signed a partnership agreement with Bell Canada – and the two have already been working together on the project since the beginning of 2009, Telus CEO Darren Entwistle told a press conference after the company’s annual general meeting today in Ottawa.
On the wireline digital TV side, the western-based telco said today it surpassed 100,000 subscribers in April, which are spread across its territories…
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OTTAWA – After similar announcements made in B.C. and Alberta, Telus has announced plans to invest more than $300 million on its advanced wireless and wireline broadband infrastructure in Ontario. The company said that work is underway to build out its next generation wireless network using high speed packet access technology, and it expects to launch the new network in the province and nationally by early 2010.
Its broadband wireline investment is geared to supporting new business contracts in Ontario, enabling more organizations to access leading edge connectivity, and collaboration and network services that can improve the efficiency…
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LAS VEGAS – Being the primary video source for customers is a far different thing than being there for them as a wireline, wireless or data provider.
Cable companies know this inherently thanks to decades of experience and many, many mistakes over the years. Cable’s first alert that there might be a network problem used to be when a customer called in to report they had no TV service and it might have taken a few calls (and please be there sometime between 8 and 8…) before the problem was fixed.
Nowadays, large cable companies have sophisticated network operations…
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EDMONTON and CALGARY – Telus has pledged to spend upwards of $700 million on their advanced wireless and wireline broadband infrastructure in Alberta.
Work is currently underway on its next generation wireless network which the company expects to launch in Alberta and nationally by early 2010.
Using the latest version of the high speed packet access (HSPA) technology, Telus said in a press release that the investment is expected to “ensure an optimal future transition to long term evolution (LTE) technology”, the emerging worldwide standard for fourth generation (4G) networks.
Its broadband wireline network is also scheduled to launch…
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VANCOUVER – Wireless subscriber net additions at Telus dropped a surprising 46% in the first quarter of 2009, which in turn, dragged down its average revenue per wireless user (ARPU) by 5.6%
The company released some preliminary wireless subscriber data Thursday, a month ahead of its full financial results release for the quarter ended March 31, which will come on May 7.
Canada’s second largest phone company explained that the weakness in its wireless net subscriber additions were primarily attributable to the combination of “a lack of customary growth in gross additions combined with an increase in deactivations.”
The…
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VANCOUVER – Telus is investing $500 million on advanced wireless and wireline broadband infrastructure in British Columbia, the company announced Tuesday.
Construction of its next generation wireless network is underway, and the new network, based on the latest version of High Speed Packet Access (HSPA) technology, will launch by early 2010.
Telus will also build a LEED (Leadership in Energy and Environmental Design) designed Internet data centre that it calls one of the “greenest” in North America, while its broadband wireline investment plan will expand its high-speed Internet and digital TV service in B.C. and Alberta
“Despite the challenging times, we are confident…
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OTTAWA – Add Telus to the list of telco’s appealing to the Federal government over CRTC decisions.
The B.C.-based telco filed a petition to the Governor in Council late last week over Telecom Decision CRTC 2008-117 and calling for the rescission of Telecom Order CRTC 2009-111, expressing many of the same concerns as BCE.
Citing its capital program for 2009 which planned to invest $2.05 billion dollars in its networks, Telus’ petition said that rather than encourage investment risks in the current economy, “the CRTC has declared that we will be required to share this new investment…
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After seeing a fourfold increase in phone and email scams in recent weeks, Telus issued a public service announcement encouraging its customers to “just hang up when scammers call”.
The common thread in each scam, the announcement said, is that fraud artists try to trick customers out of personal information – such as addresses, birthdates, account numbers, passwords and credit card numbers, by posing as a legitimate caller.
Providing that kind of information could lead to identity theft or other fraud, and Telus suggested hanging up when scammers call. Legitimate telemarketers always know your name and always provide a…
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VANCOUVER – Telus Corporation reported a 6% growth in revenue to $9.65 billion, and a 5% growth in EBITDA for its fiscal year ended December 31, 2008.
Revenue for its fourth quarter was $2.45 billion, an increase of 5% from a year ago, driven primarily by a 7% growth in wireless revenue and 13% growth in wireline data revenue. Net income for the quarter was $285 million, and consolidated EBITDA decreased by $16 million, due to increased investments in operating efficiency initiatives that resulted in restructuring costs increasing by $32 million, the company’s press release detailed.
"The very fact we are…
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