VANCOUVER – Telus is predicting 4-6 % consolidated revenue growth in 2009, representing an increase of approximately $375 to $625 million.
The company released its financial targets for next year on Tuesday in a press release. Among its other predictions are:
– EBITDA growth of about 4%, though moderated by increased pension expense in 2009 due to equity market weakness in 2008;
– An increase in wireless revenue of 8-10%, due to continued growth in wireless subscribers, increased smart phone adoption and increased wireless data adoption and usage;
– An increase in wireline revenue of 3%, driven largely by…
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TORONTO – With the privatization of Bell Canada looking like it’s dead, what with the release last week that KPMG can’t deliver a positive opinion on the solvency of the big telco post-deal, speculation has run rampant that Telus might still be interested in merging with Bell.
Scotia Capital analyst John Henderson issued an investor’s report saying that he believes there’s a 15% chance Of “Belus” happening. Telus did seriously want to kick Bell’s tires back in mid-2007 when the Ontario Teachers Pension Plan and its partners put together its deal to buy Bell, but the western telco Continue Reading
EDMONTON – Super Channel has launched on Telus TV in Alberta and BC.
“We are very pleased that Telus is now offering Super Channel to their customers in western Canada,” said Malcolm Knox, Super Channel president and COO. “Whether viewers are looking for great exclusive series and movie premieres, insightful documentaries, recorded live concerts, anime, or live championship boxing, they are certain to find something of interest on our six channels – two in vibrant HD.”
www.telus.com www.superchannel.ca
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TORONTO – Telus will invest $100 million over three years in the healthcare segment under a newly launched brand called Telus Health Solutions.
The company also called upon government and other businesses to invest in upgrading the applications and technology infrastructure that collects, processes, stores, and delivers health information, so that all Canadians will be able to track their medical history electronically, the company said in a statement.
"There is no question eHealth is creating a new era in Canadian healthcare. Today, patient information is scattered across a myriad of different electronic and paper-based systems resulting in decisions being made without…
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VANCOUVER – Telus reported a 6% increase in operating revenues in the third quarter, but a 30% drop in net income, the company announced Friday.
Wireless saw an 8.7% per cent revenue increase to $1.2 billion thanks to “record” year to date subscriber growth. Telus now has 5,981,200 wireless subscribers, up 10.6% from a year earlier. Wireline revenue grew 3.6% to $1.25 billion, driven by data growth, the release continued, though 43,000 connections were lost during the quarter, bringing the total number of landline connections to 4,282,000.
Telus now has 1,211,600 Internet subscribers, a 58% decrease from a year…
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TORONTO – While firmly believing the protection of content creators’ rights is vital to the future growth of Canada’s Internet economy, Telus does not support the idea that ISPs should be responsible for any copyright infringement that occurs on their networks.
“I do believe we can’t create a really serious Internet economy around things like digital music and entertainment without better ways to protect rights holders,” said Michael Hennessy, vice-president of wireless, broadband and content policy for Telus.
“It’s just we don’t want to have that responsibility thrust on us in a way that we end up in the…
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QUEBEC CITY – Telus said today it will retrofit the legacy building located at 300 St-Paul St. West in Quebec City according to the Leadership in Energy and Environmental Design (LEED) Silver standard.
“The site will become a state-of-the-art eco-friendly building that will bring together hundreds of Telus’ Quebec City-based employees, currently working from a number of locations across the city. The new Telus office will be a building that is good for the environment, celebrates innovation and inspires business growth in the community,” says the press release.
"Today’s unveiling is a tangible demonstration of Telus’ determination to deepen…
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VANCOUVER and MONTREAL – Canada’s two biggest telcos put out separate press releases today touting their impending wireless network upgrades to HSPA and eventually LTE, but buried within them both, Telus and Bell say they’ll be working together on the upgrade, expected to cost in the hundreds of millions of dollars.
Telus was finally mentioned in the ninth paragraph of the Bell release and Bell in the eighth paragraph of the Telus release. They’ve jointly selected Nokia Networks and Huawei as their primary technology suppliers.
Both of the telcos currently offer mobile services over their CDMA/EVDO networks, which work…
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MONTREAL – TELUS and the Quebec government have partnered on a $1.6 million training program and on the creation of 149 new jobs in the telco’s Quebec technical support team.
Nearly $405,000 of the training money will come from the provincial government’s Emploi-Québec, it was announced Thursday.
TELUS said it’s investing in superior quality technical support as the smartphone becomes increasingly popular. The wide array of phones and the diverse functions they offer call for advanced technical skills and specialized training for technicians to assist customers quickly and easily, TELUS said in a media release.
“By supporting TELUS in…
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TORONTO – TELUS on Thursday launching a business centre offering communications solutions to local firms at the Toronto Board of Trade.
Called the TELUS Business Centre, the facility includes work stations, thin-client computers, printing facilities, private meeting spaces, access to video and audio conferencing, GPS and visual voice mail.
Businesses can use the centre to extend partnerships, connect with colleagues in different cities and meet new clients.
“TELUS’ partnership with the Toronto Board of Trade was a natural fit as we both share the same goal – to help promote small business growth in Canada,” said Dan Golberg, vice-president,…
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