VANCOUVER – As at many traditional telcos, growth on the wireless side at Telus is offsetting the losses they are all experiencing in their conventional wireline business.
The company today reported first quarter revenue of $2.35 billion, a 6.6% increase from a year ago. That performance was generated by 10% growth in wireless revenue and 19% growth in wireline data revenue during the three months ended March 31st, as compared to Q1 ’07.
Consolidated earnings before interest, taxes, depreciation and amortization (EBITDA) increased 24% to $950 million, largely due to the $173.5 million net-cash settlement feature expense recorded in…
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MONTREAL – It’s hoped that today’s quarterly financial report is the final one Bell Canada Enterprises has to make public, as the giant telco has almost finished the work to become a private company.
But since that’s not done yet, the company released decent results for the first quarter of 2008, ended March 31st.
"During the quarter, we made good progress on the completion of the privatization transaction and delivered solid financial results, consistent with our plan for the year," said Michael Sabia, CEO. "With respect to the privatization transaction, the Québec Superior Court approved the plan of arrangement…
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IN A WIRELESS MARKET crowded with canines (Fido), assorted other creatures (the bugs, birds and lizards of Telus; Bell’s beavers) and the big red machine (Rogers), Koodo’s multicolored leg warmers and goofy re-creation of “The 20-Minute Workout” stand out.
Deliberately positioned as a low-cost, no-frills wireless brand, Koodo invites customers to trim fat like excess applications, features and contracts, from their wireless service plans – and therefore their monthly bills.
Launched just over a month ago, Koodo has been hard to ignore with its kooky name and weirdly funny ad campaign (seriously, where’s Olivia Newton-John and ‘Let’s get Physical’?)…
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TORONTO – With Rogers Communications saying this week it will release Apple’s iPhone into the Canadian market this year some time, just who will those buyers be?
According to research firm Solutions Research Group and its Fast Forward report, the buyers will be richer than average men.
SRG says 61% of the buyers will be male – with an average age of 29 and that 54% of them will live in Ontario. As well, look for some existing cell contracts to be torn up as over 30% of the iPhone’s buyers are said to be existing Bell and Telus…
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GATINEAU – Telus has been ordered by the CRTC to provide rebates to customers who paid a $2.95 per month access fee but didn’t make any long-distance calls during the month. Telus however is not required to rebate customers who made long-distance telephone calls during the same month.
Local service rates are regulated by the CRTC and have to be either pre-approved by the commission or, in larger areas where it has stopped regulating rates are subject to a price ceiling. Long distance service, however, is not regulated. Telus had contended it did not need pre-approval or to abide by…
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Dear Editor,
IN YOUR NEWS REPORT today you suggested Telus supported some form of fee for carriage in Quebec.
To be clear, we are categorically opposed to FFC under any circumstance and in any jurisdiction. We obviously agreed with vice-chair Arpin that the CRTC can develop different rules in Quebec to reflect regional differences, that is something which is provided for in the Broadcasting Act, but we still oppose FFC as a solution, regardless of any regional differences.
We recognize TQS is in serious difficulty. But FFC won’t fix its difficulties. The roots of its problems are deeper. As…
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GATINEAU – Telus Corp., a relatively new entrant into the broadcast distribution field with the IPTV service it launched in 2006, says it would prefer the regulatory status quo than a descent into a “rabbit hole of new regulations for problems which simply don’t exist”.
In a presentation before the CRTC’s hearings on broadcast distribution and specialty services Wednesday, Telus’ vice-president for wireless, broadband and content policy Michael Hennessy said he was concerned that “false assumptions” could persuade the Commission to add regulations when what the industry needs is space to flourish.
“The future has to be based on…
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EDMONTON – The National Telecommunications Workers Union,TWU-STT Canada, has announced today the launching of their YouTube channel (www.youtube.com/twustt). The union’s YouTube channel is part of an overall membership outreach strategy that is intended to utilize new media technology to better communicate with members as the union mobilizes employees for many upcoming initiatives including preparing for Telus bargaining which will commence in 2009.
"It is essential that we, as communications workers, engage our members using all the technology available so that we remain informed, connected and relevant to those we represent. Our YouTube channel is an integral part of…
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OTTAWA – The CRTC will rule on Telus’ controversial network access fee tomorrow and Cartt.ca will have complete coverage of the decision.
The CRTC is reviewing the new fee Telus added to local phone bills after competitor Yak Communications filed a formal complaint last year. The commission has also received complaints from over 400 B.C. residents since the $2.95 charge was added to phone bills last November.
The monthly fee to access Telus’s long-distance network is charged to customers who haven’t signed up for long-distance calling plans with Telus or any of its competitors.
Customers are charged whether or…
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TORONTO – Telus and XM Canada announced today that Telus mobile radio is now offering more channels, and customizable options.
Telus mobile radio now offers Canadians access to real-time streaming satellite radio programming and delivers an extensive range of up to 50 channels and a dozen genres, commercial-free music, talk, entertainment and family-friendly radio programming that can be accessed by Telus clients anytime and anywhere.
"Satellite radio is rising in popularity everywhere and Telus is proud to offer its mobility clients the XM Satellite Radio service in real-time streaming," said David Neale, senior vice-president of product and services at…
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