TORONTO – Telus will be the telecom services provider for the Department of National Defense, signing a $213 million five-year deal with the Department of Public Works and Government Services.
“Telus is honoured to partner with the Department of National Defence to support the innovative delivery of best-in-class secure communications with leading Internet Protocol technology,” said Darren Entwistle, Telus president and CEO, in the press release.
“This contract in support of Canada’s Department of National Defence is another step forward in the continued advancement of Telus’ national growth strategy that was initiated in 2000.”
Telus will provide managed telecommunications…
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VANCOUVER – Telus has decided not to try and buy Bell Canada after all right now – and it will re-revise its official opinion on the advanced wireless spectrum auction.
After less than a week of angst and speculation and polls and Telus CEO Darren Entwistle attempting to sell such a merger to the country as a "Canadian strategy" the company announced this morning that it has elected not to submit an offer to acquire BCE by the 9 a.m. deadline this morning.
"The inadequacies of BCE’s bid process did not make it possible for Telus to…
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VANCOUVER – Telus has decided not to try and buy Bell Canada after all.
After less than a week of angst and speculation and polls and Telus CEO Darren Entwistle attempting to sell such a merger to the country as a "Canadian strategy" the company announced this morning that it has elected not to submit an offer to acquire BCE.
"The inadequacies of BCE’s bid process did not make it possible for Telus to submit an offer," says a company press release this morning.
No word on whether or not Telus will now revert back to its…
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VANCOUVER – TELUS confirmed Thursday it has entered into a mutual non-disclosure and standstill agreement and non-exclusive discussions with BCE about merging.
“TELUS believes the combination of the two businesses would represent a compelling strategic and financial opportunity for all BCE and TELUS stakeholders. It would be an all Canadian solution for both immediate and long-term value creation, whilst ensuring a vibrant player continues in this increasingly competitive industry,” said TELUS President and CEO Darren Entwistle. “TELUS has a unique opportunity to create a truly national Canadian enterprise with the requisite balance sheet strength as well as scale and…
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MONTREAL – Add Telus to the list of those taking a peek inside the BCE data room, looking to buy the company.
But this announcement goes a bit of a step farther than the previous announcements made by firms looking to take the big telco private.
Wednesday evening, the strategic oversight committee of the BCE board of directors announced that Telus "has entered into discussions to explore the possibility of a business combination with the company. BCE and Telus have entered into a mutual non-disclosure and standstill agreement on a non-exclusive basis," reads the press release.
"The company had previously…
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VANCOUVER – Higher speeds have been added to the 3-G wireless, high-speed EVDO network throughout southern Ontario, Montreal and Winnipeg, TELUS Corp. announced Thursday. The telco added faster speeds would be extended to EVDO’s other existing coverage areas, which now reach more than two-thirds of Canadians, later this year.
Speeds that are seven times faster than the existing network are possible because TELUS has upgraded in these areas to EVDO Rev A. Typical upload speeds since the upgrade are 300 to 400 kilobits per second with maximum possible upload speeds of 1.8 megabits per second. The service also offers…
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MONTREAL – Telus today announced that it has signed an agreement with the Quebec Major Junior Hockey League to webcast all league games on telus.com/qmjhl.
This exclusive five-year agreement will allow junior hockey enthusiasts to watch all 630 games of the 2007-2008 season, including the playoffs, live on the Internet.
Coverage begins this Friday with the first game of the President’s Cup final series between the Val d’Or Foreurs and the Lewiston MAINEiacs. The webcast will be offered free of charge "and is made possible by the use of state-of-the-art webcasting technology," says Telus.
"This is just the beginning,"…
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VANCOUVER – A six per cent increase in revenues, compared to a year ago, to $2.21 billion highlighted first quarter results from Telus.
The company cited continued strong wireless and data growth as primary drivers.
However, reported earnings before interest, taxes, depreciation and amortization (EBITDA) and earnings per share (EPS) were negatively impacted in the quarter by a previously announced non-recurring and non cash charge of $173.5 million associated with the introduction of a new cash settlement feature for employee share options granted prior to 2005, says the press release. The benefits of the new feature include reducing share…
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MONTREAL – A day before it holds its AGM in Montreal, Telus today announced an investment of $23 million to expand and enhance its wireless digital network in Quebec in 2007.
By the fall of 2007, up to 30 additional communities will have access to enhanced features and wireless business solutions, said the company in a press release. "This includes a full suite of Telus Spark mobile entertainment, information and messaging services such as email, live TV, photo and video messaging, downloadable music, ring tones, games and more.
Over the coming months, Telus will extend its wireless digital network…
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CALGARY – Telus has been awarded a $16.3-million multimedia contract by the Alberta government for the Calgary Courts Centre, which is scheduled to open this August.
The province’s newest courthouse will have state-of-the audio and video technology that will be used in prisoner transfers, the presentation of digital evidence, the linking of remote witnesses and the improvement of courtroom efficiency.
Telus will design, install and maintain more than 73 courtrooms with multimedia technology.
“We’re very pleased to be working with the government of Alberta to help realize their vision of introducing innovations in the justice system that continue to…
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