VANCOUVER – Telus announced a second consecutive quarter of net profit growth of $362 million, an increase of 13.5% over the same quarter in 2012.
First quarter revenue increased by 4.8% to $2.76 billion, compared to the same period a year earlier, driven by increased revenue in the company’s wireless, high-speed internet and Optik TV businesses. Consolidated earnings before interest, taxes, depreciation and amortization (EBITDA) also increased by 5.4% to $1.03 billion, resulting in a corresponding jump in earnings per share of 14% to $0.56, which reflects the company's mid-April two-for-one stock split.
Telus reported…
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Story and photo by Steve Faguy
MONTREAL – After Telus, Rogers, EastLink, Cogeco and Quebecor, the last word on Bell’s failed relationship with competing BDUs went to the little guys. And they had some eye-opening facts and figures to back up their claims that Bell isn’t playing fair.
“We are not here to engage in regulatory arbitrage,” said Jim Deane, chair of the Canadian Cable Systems Alliance, which represents about 115 small cable companies across Canada. “CCSA members are fighting for their lives.”
Speaking as one of the final interveners in the hearing over Bell Canada?s proposed purchase of Astral Media, the…
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MONTREAL – In a lengthy appearance before the CRTC commissioners on Wednesday (more than twice as long as either Rogers or Telus the day prior) Cogeco Cable left no doubt where it stood on the question of Bell Canada buying Astral Media: There can be no compromises, no new regulatory caveats that make this deal palatable, and so the merger must be denied. Again.
Cogeco’s argument was similar to the one EastLink made earlier on Wednesday, but the Montreal-based cable and radio firm offered up more detail. CRTC chairman Jean-Pierre Blais has asked the opposing interveners Tuesday and Wednesday for…
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TORONTO – SaskTel and Telus’ Koodo Mobile ranked highest in customer satisfaction for the second year in a row, according to a new study released today by J.D. Power & Associates.
Among full-service carriers, SaskTel’s score was highest at 712, which was 13 points higher than its 2012 score. The survey noted that SaskTel performed particularly well in terms of offerings and promotions, customer service, and the sales process.
Koodo Mobile from Telus scored highest among stand-alone carriers with 765 points, also up higher by 13 points from 2012. The wireless provider stood out for…
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MONTREAL – Interveners told the CRTC Tuesday that just because Bell Canada has decided it will spin off a few TV assets with this latest attempt to purchase Astral Media, that doesn’t make the deal any better for Canadians, or for them.
“This second application raises the very same concerns in the English-language television market,” Rogers SVP regulatory Ken Engelhart told commissioners on Tuesday morning. “The acquisition of Astral’s premium pay television services will threaten diversity and endanger the ability of distributors to deliver programming to Canadians at affordable rates and on reasonable terms on multiple platforms.
So for Rogers, the…
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FREMONTM, CALIF. – Cellphone-Mate, a Silicon Valley-based manufacturer of cellular amplifier technology, and Dallas-based wireless communications distributor Hutton Communications have announced that the two companies have joined forces to go after Canadian business and residential customers.
“Cellphone-Mate’s global customers are recognizing the immense value to be gained by augmenting their current wireless connections,” said Hongtao Zhan, founder and CEO of Cellphone-Mate, in a release. “This alliance will broaden our reach across Canada by tapping Hutton’s proven and well-respected sales channel. We look forward to a very long and mutually rewarding relationship with the entire Hutton team.”
Cellphone-Mate manufactures TriFlex T amplifiers,…
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MONTREAL – Bell Canada and Astral Media executives attempted a bit more of a conciliatory approach in presenting its new, sharper, different, application to the CRTC which seeks permission to bring the two companies together under changed conditions compared to last time; but the questions from the panel of commissioners were equally as tough as the first go-around in September 2012.
(The details of the deal – already approved by the Competition Bureau, can be found here – and the company’s opening presentation unveiled nothing new, as demanded by the CRTC. So, the real story was…
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MONTREAL – Telus Health and McGill University have announced a new three-year, million dollar partnership to create a learning environment and conduct research on how best to use technology to improve health and healthcare delivery for Canadians.
“This partnership will contribute to our effectiveness in generating quantifiable results by allowing us to document patient outcomes from our health IT applications and cutting-edge collaborative services,” said Telus Health president Paul Lepage in a release. “It enables us to gain valuable knowledge and further insights on the impacts of ehealth initiatives from both the clinical and business perspectives…
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TORONTO – Andrea Wood has joined Telus as its vice-president of legal services, the company announced this week. She is joining the team lead by Monique Mercier, senior vice-president, chief legal officer and corporate secretary.
Wood brings more than 25 years of legal experience, much of that in the telecommunications and related industries. She was most recently with Wind as the wireless company’s chief legal officer.
www.telus.com
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VANCOUVER – Telus has announced improvements to its Optik mobile app that lets users watch movie trailers before renting, and provides better video quality and more HD titles.
The app allows customers to rent more than 1,500 new release movies and TV shows and then watch them on their smartphones, tablets, and laptops. Optik customers can rent a movie once and have the choice to watch it on any screen during the rental period. Customers have the flexibility to rent select Movies On Demand from Optik TV at home, watch a portion of the movie and…
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