VANCOUVER – Telus said today it intends to invest $4 billion in new infrastructure and facilities across its home province of British Columbia through 2018, including $1 billion this year alone.
When combined with operational expenses, this will bring Telus' total investment in British Columbia over the next four years to $11.5 billion, the company said in a press release today.
By the end of 2018, Telus will have invested more than $47 billion in British Columbia since 2000 to extend the reach of advanced telecommunications infrastructure and healthcare technology, ensuring sustained innovation and fueling the province's economic growth.
“Our…
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TORONTO – While the subscription TV market share among traditional telcos is growing and revenue is stable, the TV market is beginning to see the overall effect of cord cutting, says a new report from Convergence Consulting.
Led by Bell and Telus, the company says the telcos’ Canadian TV market share will be at 21.5% at this year’s end (YE), up from 18.5% YE2014, where cable had 61.2% and satellite 20.3% then. It forecasts 59.4% and 19.1% YE2015, respectively. On the bottom line, however, Convergence estimates 2014 Canadian cable, satellite, telco TV access provider subscription revenue grew 2% to $9.1…
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EDMONTON – Telus will invest $4.2 billion in new infrastructure and facilities across Alberta through 2018, including $1 billion this year alone, the company announced Monday.
Telus said that the funds will be used to expand fibre optic Internet access, increase wireless speeds, expand rural coverage with LTE, expand the reach of its healthcare solutions, offer Internet of Things solutions, and enhance its television service with more content and a new theme pack structure.
"Telus networks now reach 99 per cent of the province, making Alberta one of the most connected places on the planet. Over the next four years, Telus…
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DENVER and TORONTO – Just in time for spring, World Fishing Network will be available on a free preview to cable, satellite and telco subscribers in North America for the month of April and into early May.
Dedicated to the angling lifestyle, the network’s programming includes instruction, tips, travel, tournaments, cooking, boating and outdoor recreation with some of the most recognized personalities in the angling community. Starting April 4, World Fishing Network will begin airing 21 new and returning shows with new episodes, including original productions JP DeRose Breaking Boundaries, Bill Boyce’s Cali and Hookin’ Up with Mariko Izumi, along…
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OTTAWA – Canadians’ complaints over their telecom and Internet services continue to fall, but breaches of the country’s Wireless Code of Conduct are on the rise now that more Canadians fall under it, says the Commissioner for Complaints for Telecommunications Services (CCTS).
In its first ever mid-year report released Thursday, the CCTS said it accepted 5,468 complaints between August 1, 2014 and January 31, 2015, down 8.5% from the same period a year earlier. Last year’s annual report showed a 17% year-over-year drop in complaints.
The report says that billing errors continue to be the most commonly raised issue…
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VANCOUVER – Telus is offering $1.75 billion in new debt notes to help pay off the more than $1 billion that it spent earlier this month on AWS-3 spectrum licences.
The company said that the senior unsecured notes will be offered in three series, the first with a 3-year maturity, the second with a 7-year maturity and the third with a long 30-year maturity.
The 1.50% three-year Notes, Series CS, were priced at $99.962 per $100 principal amount for an effective yield of 1.513% per annum and will mature on March 27, 2018. The 2.35% seven-year Notes, Series CT, were…
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OTTAWA – Canada’s publicly traded television service providers combined lost a record 65,000 TV subscribers in their respective 2014 fiscal years (November 30/December 31, 2013 to November 30/December 31, 2014), up sharply from just a few hundred lost in their 2013 fiscal years, according to a new report released today
New research from Ottawa-based research and consulting firm Boon Dog Professional Services also shows that the publicly traded TV service providers lost 21,380 TV subscribers combined in their 2014 fiscal fourth quarters, almost double the 11,323 lost in the same periods in 2013.
“The trend continues to show the…
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TORONTO – Telus is once again teaming up with The Globe and Mail on a contest aimed at shining a spotlight on Canada's brightest entrepreneurs and the challenges they face.
The fifth annual Small Business Challenge wants to hear from Canadian small business owners for the opportunity to win a $100,000 grand prize from Telus. From now until June 1, small businesses are invited to submit their biggest business challenge and explain how they would use $100,000 to help them overcome it. Five shortlisted semi-finalists will pitch to a panel of successful entrepreneurs and small business experts in Toronto…
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GATINEAU – There are always some interesting figures which emerge with the publishing of the annual aggregate returns of the large carriers and broadcasters by the CRTC.
Below are a few highlights from the data filed by Canada’s cable, satellite and IPTV companies (we’ll look at the conventional TV, pay and specialty and radio numbers later) for the broadcast year ended August 31, 2014.
Of the subscriber losses suffered by the large, established TV carriers (cable and satellite brands Rogers Cable, Shaw Cable, Shaw Direct, Videotron, Bell Satellite TV, Cogeco Cable and Eastlink) almost all went to…
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TORONTO – Alek Krstajic has been named the new CEO of Wind Mobile, and founder Anthony Lacavera is stepping away from the company’s day-to-day operations to take on the role of honorary chairman, the company announced Monday.
Krstajic replaces former CEO Pietro Cordova who “has transitioned away” to rejoin the Vimpelcom group, according to the announcement. No stranger to the Canadian wireless industry, Krstajic was founder and CEO of fellow new wireless entrant Public Mobile, bought by Telus in 2013, plus was previously president of Bell Mobility and SVP at Rogers Cable.
"We are very happy to welcome Alek as…
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