VANCOUVER – Telus announced today that it has completed its previously announced two-for-one stock split of the company’s common shares, making the trading price of each share approximately half of yesterday’s closing price of $70.56.
Yesterday, the company’s shareholders received one additional share for each share owned. The newly issued common shares commenced trading on the Toronto and New York Stock Exchanges at the start of business today. With the completion of the stock split, the number of Telus common shares outstanding has doubled to approximately 653.7 million.
“Telus’ stock split builds upon a number…
Continue Reading
BOWMANVILLE and CORNWALL, ONT. ?– Telus announced the latest launch of its 4G LTE wireless network service today to customers in Bowmanville and Cornwall, Ont.
The company?'s 4G LTE service now covers more than 70% of the Canadian population, or 24 million, across approximately 170 markets.
www.telus.com
Continue Reading
DURING A SHORT, Monday morning interview with reporters during a visit to Asia to extoll the virtues of the Canadian ICT sector (and others), Industry Minister Christian Paradis noted he wasn’t exactly pleased with Rogers Communications pending purchase of Shaw Communications’ AWS spectrum.
Shaw bought the spectrum in 2008 during that auction but decided not to build a traditional wireless network after all. As spectrum which was set aside for new wireless entrants, the auction rules said it is not allowed to be purchased by one of the incumbent providers until next year. However, Shaw has already Continue Reading
HALIFAX – Telus and Advantage Wireless of Dartmouth announced they will open Atlantic Canada’s first Telus business centre this Thursday in Dartmouth.
The companies say the new consulting business store will help bring “big business” technology and telecom services to small- and medium-sized businesses in the Halifax-Dartmouth region.
Instead of choosing their devices or plans from the other side of a counter, dedicated Telus business specialists will consult with business customers to help meet their needs. Offerings include Google Apps for Business, Moneris POS and mobile payment systems, digital IP phone systems, web/mobile site development, management and…
Continue Reading
TORONTO – It’s very hard to argue an organization does not represent you and your wishes when you are a paying member of that association. So after much behind-the-scenes bitterness wireless upstarts Wind Mobile, Public Mobile and Mobilicity this week quit the group, saying the Canadian Wireless Telecommunications Association has become co-opted by the big three wireless companies and does not represent the wishes of all of its membership.
Simon Lockie, chief regulatory officer at Globalive, Wind’s owner, said the trio of companies’ frustration with the CWTA, its public statements and private lobbying, has been simmering for months and reached…
Continue Reading
REGINA/SASKATOON, SK – Telus announced the latest launch of its 4G LTE network service today to customers in Regina and Saskatoon.
“Already enjoying Saskatchewan’s largest 4G network, we are pleased to welcome residents of Regina and Saskatoon to our 4G LTE wireless network service, which now covers more than 24 million Canadians across the country,” said Brent Johnston, vice-president, Telus Mobility Solutions, in a release. “Telus is committed to putting customers in Saskatchewan first by providing the best service, the fastest wireless technology available in the world today and the latest devices to keep connected while…
Continue Reading
TORONTO – In a move that is sure to make the politicos in Ottawa take notice, Wind Mobile, Public Mobile and Mobilicity today jointly announced their withdrawal from the Canadian Wireless Telecommunications Association (CWTA), saying the association is biased in favour of its rivals and does not represent their interests.
The group claims the CWTA has become the “voice of big three telcos” – referring to Rogers, Bell and Telus – at the “expense of consumers and new entrant mobile service providers” and does not represent the Canadian mobile wireless sector.
“When we were first…
Continue Reading
OTTAWA-GATINEAU – Cable companies reported a modest growth in revenues and subscribers in 2012, while satellite companies recorded a decline in these categories, according to the CRTC’s statistical and financial results for the industry released today.
Combined revenues for both cable and satellite companies increased by 4.2% from $13.5 billion in 2011 to $14.1 billion in 2012. Similarly, the total number of subscribers (which includes customers subscribed to IPTV services such as Bell’s Fibe TV or Telus’ Optik TV), rose by 1% from 11.4 million to 11.5 million. (We checked with the CRTC and the only…
Continue Reading
WHILE THE CANADIAN launch date of Blackberry’s new Q10 smartphone is rumoured to be April 30, that hasn’t stopped several wireless carriers from announcing they are already taking pre-orders.
Rogers’ announcement was the first in Cartt.ca’s inbox this morning, in which the company says it is the first Canadian carrier to offer the new Q10 smartphone. The Q10 follows the release of Blackberry’s Z10 model on Feb. 5 and is their second smartphone to run on the company’s Blackberry 10 operating system.
While both the Z10 and Q10 smartphones run on the Blackberry 10…
Continue Reading
GATINEAU – There's no Say No To Bell campaign this time around, but most of Bell's major competitors have again told the CRTC they are strongly against the takeover of Astral Media by BCE, even with the new promises to divest English-language TV assets.
Quebecor, Rogers and Telus all said they were against the deal in submissions sent to the Commission on Friday, the deadline for interventions in the new application for change of ownership.
Quebecor Media, which owns the Vidéotron cable provider and broadcaster TVA, "asks the Commission to categorically refuse the approval of the revised application," saying it would…
Continue Reading
