VANCOUVER – Telus said that it expects its wireless and wireline broadband networks will power its performance next year.
In an announcement detailing its 2010 financial targets, the Western-based telco predicted that wireless revenue will increase 5 – 9%, depending on the amount of growth in wireless subscriber loading and the extent of ARPU erosion. It says that wireline revenue is expected to grow between -1 to 2% next year, reflecting data growth in business services and residential entertainment services largely offset by continued decreases in its traditional local and long distance segments.
Telus also said that increased data and roaming revenues from its…
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TORONTO and OTTAWA – Globalive could launch its Wind-branded mobile service as early as next week, chairman Anthony Lacavera said Friday after learning that Industry Canada had overturned the CRTC’s decision barring his company from entering the Canadian wireless market.
Amid cheers from staff, Lacavera thanked the government for its decision which he called “testament that this country needs (wireless) competition.”
Industry Canada declared Globalive a Canadian company that meets the Canadian ownership and control requirements under the Telecommunications Act early on Friday morning, contrary to the CRTC’s decision in the Fall which determined that the company was not sufficiently Canadian-owned…
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VANCOUVER – Telus let go 125 managers from its business solutions group earlier this week as part of its on-going “efficiency programs” to redeploy staff within the company.
A Telus spokesperson confirmed to Cartt.ca that the move was planned earlier this year, as the company seeks to staff up in growth areas such as Telus TV and emerging small business markets, and trim in others.
www.telus.com
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I LOVE GOING TO confabs like NextMedia. As Telus’ SVP Michael Hennessy tweeted earlier this week: “Finished 2 days at #nextMEDIA looking to future of digital media. No discussion of #FFC, #CRTC. Met real digital entrepreneurs. Awesome.”
Hennessy told me Monday at that conference that when it comes to the debate over value for signal for over the air broadcasters, he’s done. Telus won’t be appearing at next week’s hearing into the issue, the one ordered by the feds.
Indeed, two days at NextMedia (built off a backdrop of my four days in Denver at Cable Connection Week in October,…
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VANCOUVER – Telus has issued $1 billion senior unsecured notes priced at $99.42 per $100 principal amount for an effective yield of 5.125% per annum. They will mature on December 4, 2019.
The company also announced the redemption on December 31, 2009 of US$583.5 million principal amount of its US$ 8% notes due June 1, 2011.
The bulk of the new issue proceeds will be used to refinance debt and related derivative obligations maturing in 2011, with any excess applied to “general corporate purposes”, including increasing working capital.
Moody’s Investors Service assigned a Baa1 rating to the senior unsecured note issue, the…
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VANCOUVER – Rogers Wireless has slapped rival Bell Mobility with a lawsuit over its claims that it operates “Canada’s most reliable network”, just days after Rogers itself was forced by Telus to stop claiming the same thing.
In court documents filed Tuesday in Vancouver, Rogers said that Bell’s claim that it’s new HSPA/HSPA + network is “the largest, fastest and most reliable network in Canada” is false and misleading because there are virtually no customers on the new network, and it has not conducted adequate testing.
Bell launched a national advertising campaign with that claim on November 4, 2009, in conjunction…
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TORONTO – As stakeholders ponder Canada’s national digital strategy, Telus took the process a step further.
In a white paper presented earlier this week at the nextMedia conference in Toronto, the telco suggested that the broadband networks could be the “building blocks to support a digital media ecosystem”.
It proposed the following ten principles to help guide the on-going debate:
– Noting that the government cannot afford to fund the next generation of broadband infrastructure, Telus said that Canada should “trust the market” to do so by encouraging private sector investment.
– It proposed that government find “smart ways”, such as through revenues from the…
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VANCOUVER – Rogers must stop referring to itself as “Canada’s most reliable network” by the end of this week, said Justice Christopher Grauer in a written order.
As reported by Cartt.ca, after launching its own HSPA wireless network in partnership with Bell last month, Telus filed a lawsuit to halt the use of Rogers’ marketing claims of being the fastest and most reliable network.
While Rogers has already dropped the “fastest” claim, it steadfastly held on to the “most reliable” title in its advertising. But Justice Grauer has ordered Rogers to drop the reference from its website and all other Internet advertising immediately, and has…
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By Christopher Maule, Professor Emeritus, Carleton University
THE BATTLE BETWEEN CANADIAN BROADCASTERS and cable companies taking place before the CRTC is about the past and the disappearing present and not about the future of traditional television and other forms of video.
If the protagonists and the Commission are to consider the public interest as reflected by how consumers spend their money and time, they need to look for ways to profit from what consumers want instead of struggling over what consumers have been forced to take.
Today, consumers use their Kindle and computers to read books and view pictures, use their iPhones…
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TORONTO – Media companies looking to monetize their content with online subscription models would be advised to look for additional sources of revenue.
According to results from the Q3 edition of Digital Life Canada, Solution Research Group’s quarterly trend survey.
The research benchmarked consumers’ willingness to pay for various types of content online. Only 14% said they would pay for newspapers online; TV shows did better at 22%, and books seemed worthy of payment to 29%. At the top of the list was movies which had the most potential, with 37% indicating a willingness to pay.
Those currently paying for online or…
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