HAVING COVERED THE Cable, radio, television and telecom markets for well over seven years now, you could say I was inspired.
I’ve written about so many entrepreneurs who gambled and won (and a few who gambled and lost, too) that I suppose it had to rub off on me.
Warning, blatant self-promotion now follows.
So, on Monday, May 2 at 4:13 p.m., www.cartt.ca went live and on Tuesday, our first-ever newsletter went out filled with original stories you…
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VANCOUVER – Revenues and earnings climbed for Telus Corp. in the first quarter of 2005, despite losses in the residential local line market.
Consolidated operating revenues of nearly $2 billion in the quarter increased almost 10% from a year ago and operating income was up 46%. Earnings per share for the first quarter were 67 cents, up 139% compared with 28 cents for the same period a year ago. Earnings per share for the first quarter benefited from 15 cents in positive tax related adjustments versus four cents for the first quarter of 2004.
Free cash flow increased $123…
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BURNABY, B.C. – The Telecommunications Workers Union (TWU) issued a statement today saying it was “outraged over statements made by Telus’ CEO at today’s Annual General Meeting.”
According to the union, Telus’ CEO Darren Entwistle talked about their proposed offer to employees at the meeting in Edmonton.
He talked about job security for front line unionized workers and said the language Telus put forward addresses job security. "The proposed language has little or no consequence for Telus, they only have to inform the union in writing if they want to contract out our members jobs" said Hope Cumming, vice-president…
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TORONTO – Call-Net Enterprises Inc., otherwise known as Sprint Canada, reported revenue and EBITDA increases during the first quarter, ended March 31, 2005.
Revenue same in at $216 million, a 7% increase over Q1 2004 and EBITDA of $36 million was a 35% increase over Q1 2004. However, Call-Net recorded a net loss in the quarter of $13 million, compared with a net loss of almost $30 million in the first quarter of 2004.
“We delivered very positive results during the first quarter, both as a results of the Bell/360 acquisition and reductions in carrier costs driven by regulatory…
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LAS VEGAS – When huge American telco Verizon enters the TV market later this year, the company “will change the competitive landscape in the video marketplace, both now and in the future. From Day One, we’ll offer a new technology, a new business model and a new customer experience,” said chairman and CEO Ivan Seidenberg.
Speaking at the National Association of Broadcasters annual convention last month in Las Vegas, Verizon’s FiOS TV will offer “a new customer experience,” he added. Verizon (which has over 43 million voice and data customers and $71 billion in annual revenues) is a 26.7%…
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EDMONTON – The man many thought would finally bring western telco Telus into the TV distribution game, former Videotron president Guy Beauchamp, has left the western telco after only a year as its executive vice-president, consumer solutions.
While the company made no announcement and could not make anyone available for comment to www.cartt.ca, Beauchamp’s last day was April 15th. He worked in cable for over 25 years, starting with the company his father ran, Telecable Laurentien, in Hull, Que. He was appointed chair of the Canadian Cable Television Association in 1989 at the age of 29 while general manager…
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