VANCOUVER – Telus is investing in California-based cybersecurity firm Zenedge in an effort to enhance cloud-based cybersecurity services for its business customers.
Telus Ventures, the strategic venture investment arm of Telus, said Thursday that it is participating in a $4.0 million Series B investment round, which follows Zenedge's $3.5 million round last year, bringing total venture funds raised by the company to $7.5 million.
Zenedge specializes in web application firewall and DDoS (distributed denial-of-service) mitigation for web applications, networks, and domain name servers. This investment will allow the company to add new DDoS mitigation centers in Toronto and Amsterdam, expanding…
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OTTAWA-GATINEAU – The CRTC will issue its first report on the performance of Internet services provided by the country's major Internet service providers (ISPs) next spring.
Data is currently being gathered from ‘Whiteboxes’ installed in the homes of the 4,500 participants who signed up to measure the performance of their broadband Internet services when the Commission unveiled the Measuring Broadband Canada program last May.
The Commission said Wednesday that the data will provide useful insight into network performance, including actual connection speeds, and provide a better understanding of whether certain Internet services from participating ISPs are delivering speeds as advertised….
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TORONTO – New Canadian business and financial news television channel Bloomberg TV Canada launched Tuesday in more than six million Canadian households.
An exclusive partnership between independent Canadian media company Channel Zero and Bloomberg Media, the new channel combines Canadian content and original programming with Bloomberg’s international news gathering to deliver high quality business, markets and economic coverage in Canada and around the world.
In addition to original shows such as The Daily Brief, hosted by Pamela Ritchie, and Bloomberg North, scheduled to begin in the first quarter of 2016 featuring Amanda Lang, Bloomberg TV Canada will also deliver content…
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TORONTO – The fact that Wind Mobile has been able to see the type of growth its CEO describes as “amazing” shows a heavy demand for a wireless carrier that isn’t one of the big three or their flanker brands, Alek Krstajic told a conference last week.
And that pent up demand is populated with consumers who are willing to put up with a weak network, which Wind is working hard at bolstering, in exchange for lower prices and unlimited packages. “People want to see the underdog succeed,” said Krstajic, which is unlike the feeling he got when he worked…
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TORONTO – Telus Optik TV customers may now enjoy a free preview of Spanish-language TV channel Univision Canada.
Available on channel 2661, Univision Canada offers daily news, telenovelas, talk shows, and soccer coverage. On November 19, viewers may enjoy the exclusive Canadian broadcast of the Latin Grammy Awards.
Univision Canada is owned and operated by Telelatino Network Inc.
www.tln.ca
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THERE CAN BE LITTLE DOUBT that local TV is in a difficult spot. Declining ad revenue, audience fragmentation and erosion, the challenges of digital platforms, a lack of a dual revenue stream and the list goes on. But what to do about it? Some argue for a complete revamp of the local TV funding approach, while others are saying the CRTC only need to give local broadcasters more flexibility to work within existing rules.
The state of local TV is black and white, at least when looking at the revenue picture. As Bell Canada notes in its intervention into the…
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OTTAWA – Canada’s publicly traded television service providers combined lost almost seven times more TV subscribers in the nine-month period ended August 31/September 30,2015 compared to the same period in 2014, according to new research released Monday.
Ottawa-based research and consulting firm Boon Dog Professional Services also found that BCE, Rogers, Shaw/Shaw Direct, Vidéotron, Cogeco, Telus, and MTS (IPTV subscribers only) combined lost a record 153,000 TV subscribers in their respective three fiscal 2015 quarters, up significantly from 22,000 lost in the same quarters in 2014.
In the three month period ended August 31/September 30 alone, which is traditionally a…
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SHENZHEN, CHINA – Huawei and Telus are teaming up to establish a 5G "Living Lab" in Vancouver.
Announced Friday from Huawei's headquarters in Shenzhen, in conjunction with BC premier Christy Clark’s visit, the new project will test approaches to deliver a next-generation converged fibre-wireless network in downtown Vancouver.
To support this "Living Lab", Huawei pledged to make “a significant investment” to design, test and deploy new technologies leading towards the development of next-generation 5G based telecommunications networks. Telus’ recent commitment to invest $1 billion to expand its fibre optic network in Vancouver will ultimately provide the backbone to support highly…
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VANCOUVER – Telus is cutting some 1,500 jobs in an effort to curb costs, amidst increases in third quarter revenues and profits.
The company said Thursday that it is increasing “efficiency initiatives” by an additional $125 million next quarter, which will include eliminating approximately 1,500 full-time positions, many of which are voluntary departures and early retirements.
“These are very difficult decisions to make but a necessary element of aligning our organization with the growth, customer service and capital allocation activities we are implementing", president and CEO Darren Entwistle said in a statement.
For the third quarter ended September 30, 2015, Telus’ consolidated operating…
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GATINEAU – The third day of the Commissioner for Complaints for Telecommunication Services (CCTS) mandate review saw telecom providers in the West and East agree on a few changes to the complaints body. Quebecor Media and Shaw Communications noted in their respective testimony to the CRTC on Thursday they believe it’s natural for the CCTS to conduct some code interpretation.
They also believe that participation in the complaints body should be mandatory.
Peggy Tabet, senior director of regulatory affairs for telecommunications at Quebecor, noted under questioning that it’s about treating all players equally. In a world where the company is subjected…
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