NEW YORK – Is Institutional Shareholder Services (ISS) for or against Telus’ share consolidation plan? The proxy advisory firm back in April reiterated its recommendation to institutional clients that they vote in favour of the proposed plan that would eliminate Telus’ dual class share structure, but now appears to be contradicting itself, according to a news release sent out by the chief opponent of the plan, Mason Capital Management.
On the weekend, Mason issued a response to a new report issued by the ISS it claims is now critical of the share consolidation plan Continue Reading
OTTAWA – Siri, where can I go to recycle you? The answer is the Recycle My Cell program for mobile devices and accessories, which has officially kicked off its third annual Recycle My Cell Student Challenge.
As the national sponsor of Waste Reduction Week in Canada (October 15-21), Recycle My Cell is challenging all Canadian schools and post-secondary institutions to recycle as many old wireless devices as possible, including cell phones, smartphones, wireless PDAs, pagers, accessories and cell phone batteries.
The Challenge, running from October 15 to November 15, encourages students of all…
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MONTREAL – Pledging to help improve the sustainability of Canada’s healthcare system, Telus has launched TelusHealth.com, an online hub that provides professionals with resources, tools and technology to help improve health outcomes.
The healthcare hub features Telus Health products and services and offers customers smart healthcare solutions and other resources designed to help health professionals improve both health outcomes for patients and Canadian healthcare in general.
The new online hub will provide:
– Solutions and services information such as eClaims, personal health records and home care monitoring are easy to access and understand…
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VANCOUVER – Telus is expanding its 4G LTE network to Whistler, Squamish, Pemberton and the Sea to Sky Highway with a $1.7 million investment. With the expansion Telus says it now offers 4G LTE across the Lower Mainland and Fraser Valley, from Whistler to Tsawwassen and out to Hope. Additional B.C. communities will be getting access to 4G Long Term Evolution (LTE) in the coming months, as the telecom extends the technology to nearly 90% of the province’s population by the end of 2012.
“We are committed to offering you the best customer experience. A…
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OTTAWA – In a battle of GOs, Telus is charging Corus Entertainment and Shaw Communications of conspiring to block its efforts to stream Movie Central/HBO content to its Optik On The Go customers, which competes directly now with Shaw`s GO TV Everywhere service.
Telus filed a complaint with the CRTC last week saying Telus has tried unsuccessfully for nearly a year to acquire the premium content for its Optik on the go service from Corus, to no avail.
“Corus is offering in-home, out-of-home and on-the-go access to Movie Central…
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TORONTO – Mason Capital Management has filed and is sending its dissident proxy circular to voting shareholders of Telus Corporation ahead of its general meeting scheduled for October 17, 2012.
Mason has been locked in a bitter dispute with Telus over the telecom’s proposed plan to eliminate its dual-class share structure without paying a premium to voting shareholders, including itself, to reflect their higher value on the open market
The proxy circular filed today includes a letter to voting shareholders, which outlines the reasons Mason believes voting shareholders should vote “No” to Telus’ proposal including:
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GRANTING BELL THE RIGHT to buy Astral Media will make an already big company that acts badly, enormous, add incentive for it act even worse, which in the end will crush competition and choice in Canada. Therefore, the deal needs to be quashed altogether or tough new rules applied to constrain the biggest player in Canadian media, say final replies to the CRTC’s public proceeding into Bell Canada’s quest to buy Astral Media.
Those last written rejoinders to the Commission’s public proceeding into Bell Canada’s purchase of Astral Media (CRTC 2012-370) from intervenors were due into the Commission on Friday,…
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TORONTO – Greater Toronto Area (GTA) charities, community partners and SMBs are gathering today to celebrate how social responsibility can pay dividends for your customers, staff, and bottom line at the Telus Celebration of Giving event at Telus House Toronto. Telus and its team members expect to give more than $5.5 million to GTA-based charities and community organizations in 2012, including $700,000 in funding for grassroots, youth-focused charities in the GTA through Telus’ Toronto Community Board.
"Today's Celebration honours the resilience of Greater Toronto Area grassroots organizations and the continuous efforts they put forward to create healthier communities," said Frances…
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BC – Telus has invested $15.3 million in expanding it 4G LTE wireless network into 27 communities throughout BC and another $1.35 million in Alberta, it announced today.
Telus says it’s now offering the “world’s fastest wireless technology” to the BC communities of Chilliwack, Abbotsford, Aldergrove, Haney, Mission, Agassiz, Harrison Hot Springs and Hope; Victoria, Saanich, Oak Bay, Esquimalt, Langford, View Royal; Surrey, Richmond, North Delta, White Rock, Langley, Maple Ridge, Pitt Meadows; Kelowna, Penticton, West Kelowna, Lake Country, Peachland and Summerland. In Alberta its added LTE service to Drayton Valley and Strathmore.
Additional communities will be getting access Continue Reading
TORONTO – North American wireless carriers reported strong Q2 margins, with combined wireless EBITDA service margins for Rogers, Telus, Bell, AT&T, Verizon, Sprint, LEAP and MetroPCS up 342 basis points and EBITDA growth up 14.5% over the previous year. This according to figures reported in Dvai Ghose’s Canaccord Genuity Daily Letter for September 17.
He says the improved margins were driven by reduced device subsidy pressure. Wireless equipment subsidies dropped an estimated 12% in Q2 due to a “dearth of iconic device launches.” He noted that with the Samsung Galaxy S III and the iPhone 5 recently launched “we…
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