VANCOUVER – Telus will offer senior unsecured notes worth $1 billion.
The 5.05% 10-year notes were priced at $99.744 per $100 principal amount for an effective yield of 5.083% per annum and will mature on July 23, 2020. Closing of the offering is expected to occur by July 23, 2010.
The net proceeds of the sale of the notes will be used to fund the proposed redemption of US$613 million principal amount of Telus’ outstanding US$1.3615 billion 8% notes due June 1, 2011 for payments required to terminate cross-currency interest rate swaps associated with the notes to be redeemed. Any excess will…
Continue Reading
TORONTO – Telus now the official national wireless provider for the Canadian Football League, it was announced Wednesday.
As part of a new two-year partnership, starting later this season, football fans will be able to watch live games on the go, check stats in real time and watch highlights through the first-ever CFL mobile app. Then, through Telus TV, CFL fans will have access to full game replays available any time and on demand.
"Our fans are constantly looking for new ways to connect with our league, and now through our partnership with Telus, we can offer them more ways to…
Continue Reading
TORONTO – When Rogers Communications comes to market with its new low-cost brand Chatr (which it says it will, soon), it can expect some legal haranguing from one of its wireless competitors.
Mobilicity chairman John Bitove told Cartt.ca on Friday that since the new brand from the big red machine is aimed solely at killing new competitors like his, he will file a complaint with the Competition Bureau when Chatr launches.
“If they were building a whole new company, a whole new network on their own, that’s one thing, but they’re obviously going to use all the leverage they can…
Continue Reading
TORONTO – Koodo Mobile added HSPA phones to its handset lineup Monday, and rolled out a new way to help customers pay for them.
Over the coming months, Koodo said that it will launch “several exciting HSPA phones that will offer exceptional value and social media connectivity”. The company also said that customers can put a portion of the purchase price on their Koodo Tab, an alternative to fixed-term contracts that allows customers to ‘charge’ up to $150 of a phone’s price. 10% of each monthly bill is then credited to the Tab, and should the customer decide to terminate…
Continue Reading
TORONTO – Rogers Communications is preparing for the launch of another new wireless brand this fall, say several reports.
The story was originally broken by the Boy Genius Report late last week and cbcnews.ca added a story here. Others have since done reports, too.
The new brand is said to be aimed at wireless newcomers such as Wind, Mobilicity, Public Mobile and Videotron and will add an additional option for consumers in the low-cost segment of the market. Ostensibly, it will be even lower-priced than Rogers’ Fido – and will put pressure on Bell’s Virgin brand as well as…
Continue Reading
MONTREAL – The federal government’s plan to increase foreign ownership in the telecommunications sector will not result in cheaper wireless service, and could serve to undermine plans for universal access, says Canada’s largest telecommunications union.
Dave Coles, president of the Communications, Energy and Paperworkers Union (CEP), said that CEP-commissioned research actually disputes claims that wireless services are more expensive in Canada than in other countries.
"Existing studies compare pricing in markets that have very different usage, that don’t have special plans with unlimited minutes, or free phones, for example, like we do in Canada," Coles said. "When taking all of that…
Continue Reading
TORONTO – The World Fishing Network will dedicate an entire day of programming and commercial airtime on June 30th to support recreational anglers affected by the Gulf oil spill disaster.
The on-air campaign, which will air on its Canadian and U.S. channels, aims to raise awareness of the catastrophic impact this spill is having on the entire fishing industry, and to raise money for organizations providing aid and support to those most negatively impacted by the disaster.
In addition to in-depth coverage of the impact of the spill on recreational and commercial fishing in Louisiana, Mississippi, Alabama and Florida, the channel…
Continue Reading
TORONTO – Telus has devised a new way to help their customers manage their data usage.
Thanks to the new Telus Data Notification system, wireless customers will receive a free SMS text message to let them know when they reach certain thresholds of data consumption. For customers with data packages, notifications will be sent when they have reached both 75% and 95% their data thresholds. For customers using pay-per-use data, notifications will be sent when customers have used $10 and $50.
"Telus continues to make industry-leading investments to deliver an enhanced customer experience”, said chief marketing officer, David Fuller, in the…
Continue Reading
BANFF – All TV programming, including news and sports, will be in 3D within five to 25 years, Geneva Film Co. founder James Stewart told Cartt.ca after his keynote speech on Sunday at the Banff World Television Festival.
“Everything will be in 3D because it can,” he stated. "Besides, 3D sports programming is absolutely interesting. Just take a look at the Masters on a 3DTV.”
During the presentation, it was noted ESPN in the United States was producing 25 games in 3D from soccer’s World Cup in South Africa and some of them will be available on Rogers, Telus and…
Continue Reading
TORONTO – It was easy to see Wednesday that Tony Lacavera was really stung by the critics who decried the level of Canadian-ness of his company.
No less than seven times in his speech to the Canadian Telecom Summit did the Globalive/Wind CEO feel the need to insist upon the new wireless carrier’s Canuck bona fides.
“I won’t shy away from saying that Globalive is a Canadian company… truly a brainchild of Canadians… created by and for Canadians,” he said during his speech.
Lacavera rehashed the 2009 regulatory battles, lashing out at the incumbent operators which used every tactic in their arsenal…
Continue Reading
