VANCOUVER – The financial future looks friendly for Telus Corporation whose CEO has decided for the fourth consecutive year to take his salary in Telus shares. The move should come as no surprise given that Telus’ third quarter revenue increased 6% to $2.8 billion, while profit rose 7.7% from a year ago to $351 million. Earnings per share jumped 8% to $1.08 and free cash flow in Q3 increased 23% from a year ago to $426 million primarily due to higher EBITDA.
Smartphone subscribers now make-up 63% of the total postpaid subscriber base of 6.4 million…
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OTTAWA – The CRTC is threatening to withhold subsidies to four Quebec small ILECs for delays in opening up their networks to local telephone competition. Cogeco Cable claims the delays have prevented it from offering competing triple-play bundles (telephone, Internet, television) to those regions.
The regulator denied Cogeco the settlement it sought, but instead issued a Notice of Consultation regarding the potential withholding of subsidy payments to CoopTel, Téléphone Guèvremont Inc., Téléphone Milot Inc., and Sogetel Inc.
The decision stems from the failure of the ILECs to complete an interconnection arrangement based on leased…
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GATINEAU – The small telephone companies and their larger competitors are seeing eye-to-eye on some aspects of proposed changes to the regulatory framework for small incumbent local exchange carriers (SILECs). But on others, they remain at loggerheads.
When it comes to giving SILECs the same flexibility as the ILECs in market trials and promotions, and the use of rate ranges, there is broad consensus among interveners. The same goes for maintaining the basket of services structure. Telus is an outlier on this issue. It wants the creation of a fifth basket that would group all competitor services – interconnection and…
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TORONTO – Telus’ newest suite of plans features unlimited local talk and text and the ability to share your data with others on your account. Launching on November 8, the plans include Unlimited Local Calling as well as Caller ID and Voice Mail 3.
"At Telus we are continuously looking for ways to make the customer experience better and ensure we are providing our new and existing customers with clear and simple plans that are transparent and easy to understand," said Brent Johnston, vice-president, Mobility Solutions, Telus. "Our new rate plans deliver the value that customers want…
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CALGARY – Cue the robots. Shaw Communications’ workforce has catapulted in numbers. Zillions of delivery robots working within the national cable, satellite and broadcasting company’s network known as the “pipe’ now service the needs of its 3.4 million customers alongside customer care staff.
In a national campaign which launched November 5 that crosses all customer touch points, including television, print, online and out of home, Shaw (along with its agency, Vancouver’s Rethink) introduces us to its newly animated network and two of its cheeky delivery robots Bit and Bud (click here for one of the televised…
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OTTAWA – Bell is falling far behind schedule in rolling out broadband services to rural communities using public funds and will only have 12 Commission-approved communities completed by year’s end, not the 49 communities it forecast says the CRTC. The regulator is now demanding that Bell Canada and Bell Aliant submit quarterly reports on the status of their deferral account project to ensure it gets back on schedule in order to be completed as agreed by August, 2014.
In an August, 2010 decision regarding how Bell should dispose of the funds remaining in its deferral account the…
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TORONTO – Telus has expanded its 4G Long Term Evolution (LTE) to customers in Newmarket and Aurora. Additional communities will be getting access to LTE in the coming months, as the carrier continues to bring the technology to more Ontarians by the end of 2012.
Today's announcement is part of the company's $280 million investment in the Greater Toronto Area over the next three years to further expand and enhance its wireless networks.
"Telus is committed to offering the best customer experience and launching our 4G LTE service in Newmarket and Aurora is an excellent…
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OTTAWA – Facing intense international scrutiny of late, Huawei Canada president Sean Yang addressed the International Institute of Communications Canadian conference on Wednesday to insist the Chinese telco technology manufacturer would never do anything to damage the business it has built in Canada over the past number of years.
Earlier this month the head of the U.S. Intelligence Committee urged Canadian companies to stop doing business with Huawei, now the world’s second largest telco equipment manufacturer, due to security concerns. Huawei does little business in the States as the government there believes its gear could be used by the Chinese…
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MONTREAL – Astral Media reports profits rose sharply in the fourth quarter, with net earnings of $54.3-million, up 14% from $47-million the previous year. Revenue growth grew at a slower pace of 2% to $251.8-million from $247.6-million.
Astral noted that with the CRTC’s rejection of its takeover by BCE, and the outcome of BCE’s appeal officially unknown, “there can be no assurance that the transaction will occur, or that it will occur on the terms and conditions currently contemplated," read the release. Company co-founder and CEO Ian Greenberg wouldn't say much…
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TORONTO – Launching today with a three-month free preview, Videotron subscribers in Quebec will get unlimited access to FX Canada. Programming includes American Horror Story: Asylum, Sons of Anarchy, Louie and The League, as well as late-night shows Brand X with Russell Brand and Totally Biased with W. Kamau Bell. FX Canada is available to Videotron subscribers in SD on channel 210 and in HD on channel 810.
“There is a high demand for FX’s premium content across Canada, and Rogers is excited to bring this award-winning programming to the Quebec market, “ said Scott…
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