VANCOUVER — Adding 99,000 net new postpaid wireless subscribers in its most recent quarter represents a 62% increase over the same quarter in 2016 means a great boost to revenue for Telus, but due to the costs of subscriber acquisition, net income was down compared to last year.
Telus reported EBITDA (earnings before interest, taxes, depreciation and amortization) of $1.19 billion in the second quarter of 2017, a 0.4% increase over Q2 2016. The company’s adjusted EBITDA was marginally better at $1.23 billion in Q2 2017, a 3.6% increase when compared to its adjusted EBITDA of $1.19 billion in the…
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Bidding starts at $1.54 billion
OTTAWA – The auction of 600 MHz wireless spectrum, when it happens, will favour the smaller newcomers like Freedom Mobile and Vidéotron and looks to offer no payments to TV broadcasters which will be forced off the band.
While the Canadian bandwidth plan is to be harmonized with the United States (something we’ve known for a while), our auction for the valuable low frequency spectrum sure won’t be the same. In its consultation paper released late Friday (Ed note: right before the long weekend, so no questions, media!) Innovation, Science and…
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MONTREAL — BCE’s strong performance in the wireless market in its most recent fiscal quarter helped to offset softening gains in its wireline business, enabling the company to meet analysts’ growth expectations for both its overall revenue and wireless subscriber increases.
BCE reported operating revenues of $5.7 billion in the second quarter of 2017, up 6.7% from $5.34 billion in the same quarter last year. The company’s adjusted EBITDA was $2.38 billion in Q2 2017, representing a 5% increase from its adjusted EBITDA of $2.69 billion in Q2 2016.
These results were in-line with street expectations, according to a “first look”…
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TORONTO and MOUNTAIN VIEW, CA — Telus is getting into the network as a service (NaaS) market thanks to a partnership with Nuage Networks, a Nokia venture focused on software-defined networks.
Telus Network as a Service is a new software-defined wide area network (SD-WAN) solution that enables businesses to virtually build, manage and cloud-optimize their networks quickly, easily and cost effectively through a flexible self-serve platform, Telus announced in a press release.
Establishing or expanding a network, or changing its configuration, can be a complex, expensive and time-consuming process for Canadian businesses, Telus said. Citing market research from IDC Analyst…
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GATINEAU – Maybe it’s not so bad yet, after all…
The CRTC on Thursday released three different documents breaking down the 2016 results from conventional broadcast, discretionary and on demand, and broadcast distribution undertaking sectors of the Canadian TV business.
The numbers are all almost a year old (filed by the regulated companies at the end of the regulatory broadcast year, August 31, 2016) – so bear that in mind when perusing these highlights. Also, these figures do not include any revenue from broadband, telephony or wireless streams. (As well, the Commission told us the breakdown for…
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Plus, DAZN has a big job to do and very little time
VARIOUS ‘SUPER SPORTS’ PACKAGES have quietly been pulled or are being rendered anew by Canadian TV carriers with the announcement last week they will no longer contain NFL Sunday Ticket or NFL Red Zone.
Both Sunday Ticket (every single NFL game, no matter what) and Red Zone (all the games’ action when the team are inside their opponent’s 20-yard line) have been on offer to NFL fanatics from TV carriers for years, since Rogers originally tried to bring it north as an exclusive more than a decade ago.
Since the…
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TORONTO – While older Canadians are the most likely to benefit from digital health technology, they are also the least likely to adopt it, says a new study commissioned by Telus Health.
According to the survey, Canadians in the baby boomer (52+) and greatest generation (age 71+) categories reported they were the most likely to access a healthcare provider (78%). However, while 58% in this demographic agreed that digital health tools would help them connect with their healthcare provider, this group ranked the lowest to use them (20%). Further, Canadians 52+ are 10% less likely than younger generations to agree…
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NEW YORK – Media company ZoneTV is readying a suite of customizable linear TV channels that it says will launch this fall.
The start-up announced a partnership with video monetization technology and services provider Ooyala and Microsoft that will see it curate some 6,000 hours of licensed digital-first content into specialized channels for pay-TV subscribers called ZoneTV Dynamic Channels.
The result is a new cable/satellite content category that offers a personal user experience blending the convenience of linear viewing with the flexibility of on-demand programming in a highly personalized viewing experience, with genres that include kid’s programming, fitness, cooking,…
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VANCOUVER and NEW YORK – Telus has tapped U.S. content-management service provider Mediamorph to help streamline its contract management and programmer fee calculations in Canada’s à la carte TV ecosystem.
Mediamorph said that it’s cloud-based content-orchestration and financial-processing platform brings together contract, financial, and rights information in a single platform to help customers better understand content value, optimize how content is used, and provide value and optimal outcomes for consumers.
“Telus is committed to offering our customers the most compelling and flexible content packaging and pricing options available so they can choose how best to experience their favourite entertainment,” said…
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OTTAWA – On Tuesday morning, the federal government will name former Telesat and Telus executive Ian Scott as chairman of the CRTC, Cartt.ca has learned. (Scott is pictured in a screen cap from cpac.ca during 2016's basic services objective hearing.)
As well, Innovation, Science and Economic Development Canada legal counsel Caroline Simard will be named vice-chair, broadcasting. Both will assume their new duties and begin their five-year terms in September.
CRTC senior legal counsel Christianne Laizner will also be named interim vice-chair telecom, effective immediately, filling the slot left open by Peter Menzies’ departure last week to…
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