Telco previously hinted at a minority sale in its cell tower portfolio
By Ahmad Hathout
Telus announced Friday that it has agreed to sell to a pension fund a minority stake in a separate entity that will carry its wireless infrastructure.
La Caisse, one of the largest pension funds in the country, will spend $1.26 billion on the 49.9 per cent interest in Terrion, a newly created cell tower operator headquartered in Montreal and headed by long-time Telus executive Eros Spadotto.
Terrion will manage about 3,000 tower sites across British Columbia, Alberta, Ontario and Quebec and will generate money through wholesale rental. Telus…
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Telus announced Tuesday it has launched Wi-Fi 7 for its PureFibre internet customers on gigabit speed plans or above initially in select areas of British Columbia, with availability in Alberta and Quebec soon to follow.
Delivering speeds up to four times faster than Wi-Fi 6, Telus’s new Boost Wi-Fi 7 internet router is built with at least 65-per-cent recycled plastic and comes in plastic-free packaging made from 90-per-cent recycled cardboard, according to a Telus press release.
“The launch of Wi-Fi 7 is a game-changer for connected homes across Canada underscoring our commitment to…
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By Ahmad Hathout
Telus is admitting that it became aware of, but dealt with, a “small and isolated number” of “rogue” third-party representatives who were engaging on its behalf in the promotion of pirate IPTV services to get people to subscribe to its internet services.
In a statement of defense, filed Friday with the Ontario Superior Court and in response to an action commenced by Bell, the Vancouver-based telecom says it received a customer complaint in May about a representative who was promoting the illegal service.
“In accordance with TELUS’s standard escalation processes and before Bell commenced this action, TELUS immediately investigated…
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Telus announced Monday it is investing $2 billion over the next five years to expand its broadband services in Ontario and Quebec.
“This investment comes as a result of the CRTC confirmation of the wholesale fibre-to-the-premise (FTTP) framework and serves as a complement to our wholesale fibre access agreements, allowing TELUS to deliver national scale, accelerate network builds and drive investment, competition and affordability in Canada,” a Telus press release reads.
The Vancouver-based telecom said this investment will be part of its annual budget and will be supported by investments from its strategic…
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Telus announced Tuesday it has obtained the required permits — following a consultation process with Indigenous communities — to deploy a buried submarine cable between Sept-Îles and the Gaspé Peninsula, a major project originally announced in 2020.
Telus said in a press release it will start deploying the submarine fibre cable this fall, with commissioning of the cable expected in the weeks following its deployment. The new link is designed to ensure redundancy and network security along Quebec’s North Shore between Baie-Comeau and Lourdes-de-Blanc Sablon, Telus said.
“This new, state-of-the-art…
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The Telus Friendly Future Foundation and CIBC Foundation announced Wednesday a $2-million partnership to launch the multi-year Telus Momentum Student Bursary, powered by CIBC Foundation, that will support up to 500 young changemakers from the Black community.
Each foundation is contributing $1 million to the program, which aims to “unlock access to education and career pathways for young Black leaders, whose talents and community leadership are critical for helping solve pressing social issues,” a Telus press release reads.
Bursaries will be awarded to students who are facing financial barriers and…
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By Ahmad Hathout
Telus is asking the CRTC to ensure that all Canadian distributors get a fair shot at negotiating carriage of content held by Rogers and Bell.
“It ensures that Canadians nationwide will have competitively priced access to readily discoverable Canadian content that should be accessible to Canadians across the country at fair prices because it precludes vertically integrated companies like Rogers and Bell from keeping important content to themselves,” Daniel Stern, Telus’s associate general counsel, said Thursday.
The overarching Telus position is that service providers must be able to bundle television and internet to compete against these VIs. The…
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By Ahmad Hathout
In an extraordinary legal filing, Bell is accusing Telus of training and using door-to-door salespeople to pitch an unlicensed IPTV application to get customers to switch to Telus internet services.
The activity is allegedly taking place in areas where Telus wholesales internet service from Bell, according to a statement of claim in Ontario Superior Court, filed Thursday.
The representatives “promote, facilitate, authorize, and assist in the installation of an illegal, unlicensed IPTV application … that reproduces and retransmits Canadian and international programming, including works and signals in which Bell and its affiliated programmers hold copyright,” the statement alleges.
The representatives…
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Telus alleges Bell complaint a delay tactic
By Ahmad Hathout
Bell is alleging that Telus is unduly disadvantaging its newly branded television networks after the broadcaster signed a deal in March to carry Rogers’s Warner Bros. Discovery programming.
In the partially redacted complaint, dated late April but only made public by the CRTC last week, Bell says its USA Network, Oxygen True Crime, CTV Nature, CTV Speed, and CTV Wild services are being treated unfairly because the broadcaster is allegedly looking to remove the services from some packages containing Rogers’s Discovery content.
“We are not trying to maintain a de facto access right…
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Telus announced last week it has submitted a non-binding indication of interest (IOI) to the board of directors of Telus Digital (formerly known as Telus International) to acquire all of the outstanding subordinate voting shares and multiple voting shares of Telus Digital not already owned by Telus for a proposed price per share of US$3.40.
To be paid in cash, Telus common shares or a combination of both, the proposed price represents a premium of approximately 15 per cent to Telus Digital’s closing share price on the New York Stock…
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