VANCOUVER – As expected, Telus said that it will not proceed with its conversion to an income trust.
The company made the announcement after the close of trading on Friday saying, "in light of the federal Minister of Finance’s announcement on October 31, 2006 of a new tax plan that would increase the level of taxation on income trusts, Telus has re-evaluated the company’s proposal announced on September 11, 2006 to reorganize in its entirety into an income trust," says the press release.
"Telus management and board of directors believe that it is no longer in the best…
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VANCOUVER – Mobile broadband capabilities on select Dell Latitude and XPS notebooks and Precision mobile workstations will enable the units to access the Internet over the Telus wireless high speed (EVDO) service thanks to an exclusive agreement announced today by the two companies.
Telus’ Wireless High Speed service enables the user to access the Internet and their corporate or home networks on the go, with the right gear. Telus Wireless High Speed service provides typical download speeds of approximately 400 to 700 kilobits per second, and maximum possible speeds of more than 2 megabits per second.
"This offering greatly expands…
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VANCOUVER – Telus wireless customers can now satisfy their hunger for music with unlimited downloads from Telus Mobile Music.
With a TMM subscription, clients can get all the music they want, from hundreds of thousands of hot downloadable music tracks spanning a wide variety of genres from the world’s biggest music labels, such as EMI Music Canada, Sony BMG Music (Canada), Universal Music Canada and Warner Music Group. Telus is the first wireless company in North America to offer such a service.
"We have seen enormous success with Telus Mobile Music as a pay-per-use service, and a clear indication…
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VANCOUVER – While still reeling from this week’s income trust announcement from the Federal government that would seem to put the kibosh on Telus’ previously announced conversion plans, the company reported solid third quarter results on Friday.
The company reported a 7% increase in revenue compared to a year ago to $2.2 billion "due to continued strong wireless and data growth," says the quarterly release. EBITDA increased 13% to $952.4 million for the quarter ended September 30th.
Operating income came in at $569.1 million, a jump of 32.2% while net income rose 68.1% to $319.6 million. Free cash flow,…
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VANCOUVER – Bollywood content, news, cricket updates, entertainment and cultural information direct from South Asia are now options on Telus mobile phones.
The Canadian telco and Reliance Communications, India’s largest integrated telecom service provider, says the press release, today announced Apna Des, a mobile phone based content site is now available to Telus wireless customers.
"Apna Des offers Telus clients a complete South Asian mobile experience that brings together the best of Bollywood and the latest updates on news and cricket, while respecting the region’s incredible cultural depth," said Robert Blumenthal, Telus senior vice-president of products and services, in…
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VANCOUVER – Last week Telus turned on the first five of seven new cellular sites which are providing voice and data service to a 25 kilometre stretch of Highway 1 between Revelstoke and Golden, B.C. known as Rogers Pass. The remaining two sites are planned for later in the year.
The $7 million project is part of the company’s ongoing investment to improve existing cell service along the highway and throughout British Columbia’s interior.
“We recognize cellular service along this corridor is particularly important for people living in the area and travellers, and are doing what we can to…
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VANCOUVER – Telus announced this week it will invest $800,000 to launch mobile phone service to four small coastal B.C. communities in the coming months.
The company is upgrading existing central switching offices with state-of-the-art cellular network and transmission equipment in Port Edward, Hartley Bay, Klemtu, and Oona River. The sites will provide PCS cellular and wireless data services such as text messaging and Internet access to each community. Similar upgrades were just completed to bring mobile phone service to the Queen Charlotte Islands, Bella Bella, and Bella Coola.
“By adding cellular network equipment to existing Telus landline sites…
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VANCOUVER – Telus launched a pair of products today that will help lost customers find where they’re going and let parents electronically track their kids.
Navigator and Kid Find are the two new GPS services that will help "consumers get increased peace of mind whether on the road, at the park or going trick or treating," said Robert Blumenthal, Telus senior vice-president of products and services, in a press release.
Navigator and Kid Find now operate throughout Telus’ 1X Digital PCS coverage area in British Columbia, Alberta and Ontario’s Golden Horseshoe region, which stretches from Oshawa to Kitchener, and…
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VANCOUVER – Members of the British Columbia Government and Service Employees’ Union working at a subsidiary of Telus have reached a tentative agreement.
The BCGEU members work at Telus Sourcing Solutions, which provides payroll services to the B.C. government.
The agreement provides what the union calls “significant pay increases” of an average of 6% retroactive to Apr. 1 this year, followed by additional hikes in December this year and December next year.
The BCGEU bargaining committee is recommending its member accept the deal when a ratification vote is held during the week of Oct. 2.
The B.C. government privatized…
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RIMOUSKI, QC – After hiring 40 agents in May to staff its Rimouski contact centre, Telus held a second career fair September 22 and 23, looking for more workers.
The company is even offering new prospects the chance to work at home. "This gives our team members another option for balancing their busy lives, saves commuting time and also allows for greater flexibility in scheduling shifts," said Clément Audet, Customer Contact Centre director.
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