VANCOUVER – Telus was the last of the big telecoms to report their Q3 2019 results, and on Thursday reported consolidated adjusted EBITDA of $1.46 billion with revenues of $3.7 billion for the period ended September 30th a 2.6% increase over Q3 last year, excluding the gain on the sale of Telus Garden in 2018.
For the quarter, the company’s net income of $440 million marked a 1.6% decrease over the same period last year. EBITDA growth was primarily offset by higher depreciation and amortization due to growth in the company’s asset base, including from investments in broadband technologies and…
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VANCOUVER – Telus announced today it has completed the previously announced $700 million acquisition of ADT Security Services Canada.
The company is one of Canada’s leading providers of security and automation solutions with more than 500,000 customers and over 1,000 employees in the country, all of whom Telus is bringing on board.
While the acquisition instantly makes Telus’ in home and business suite of security and automation products and services much more robust, “perhaps most critically, this acquisition supports the continued advancement of our consumer health strategy which includes helping Canadians, notably elderly citizens, enjoy their…
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Freedom customers still the only ones with subway connectivity
TORONTO – BAI Communications has launched an online petition at iwantaccess.ca to try and pressure Rogers, Bell and Telus to come to the negotiation table and use the underground network it built for the Toronto Transit Commission.
Coverage in TTC stations has been live since 2015 for Freedom Mobile customers, “however, the Big 3 Telcos have yet to join the network,” says the petition. “Now, BAI is committed to educating cellular customers of the Big 3 Telcos about why they can’t access this network, and what they can…
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EDMONTON – Alberta drone tech startup AirMarket and Telus today announced a new strategic alliance.
The two companies signed a letter of intent which will see them work together will aim to accelerate development and deployment of unmanned traffic management services for the global drone market, says the press release. Both want to deliver a telecom control framework which can safely integrate drones into Canadian airspace.
“As the use of drones continues to grow in popularity and more applications are developed for their use, it is crucial that UTM (unmanned traffic management) rapidly evolves to address new, complex air traffic situations. While…
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VANCOUVER – Rogers Media’s podcaster Pacific Content announced today it has hired Jonas Woost as its director of business development.
Woost (right) will look to grow Pacific Content's roster of clients and podcasts, which already include Facebook, Dell Technologies, Red Hat, Mozilla, Charles Schwab, Audible, McAfee, and the New York Times T Brand Studio. Pacific Content produces original podcasts for and with brands.
Woost joins Pacific Content from Telus, where he was the executive producer of the Storyhive project. Prior to that, he was executive producer at CBC Music, the public broadcaster's digital music service. He…
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VANCOUVER – Telus announced today that its investment arm Telus Ventures, along with BASF Venture Capital are among lead investors in a series B investment round for British startup Hummingbird Technologies.
Hummingbird is a startup which has become a leader advanced crop analytics, says the press release. Other main investors include Saudi Agricultural and Livestock Investment Company (SALIC) and the British investment firm Downing Ventures.
Founded in 2016, Hummingbird developed a technology platform to evaluate the condition of agricultural fields and its “artificial intelligence, deep learning and imagery analytics solution uses proprietary algorithms driven by aerial images captured from satellites,…
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VANCOUVER – With its latest Telus Wise happiness workshop announced Wednesday, Telus is hoping to equip teens in grades 9 through 12 with the better skills and practices for ensuring mental resilience and well-being in our digital world.
Tips offered in the workshop include taking occasional digital breaks, being aware of and limiting social comparisons that can get in the way of our happiness and practicing the Joy of Missing Out (JOMO) as opposed to the Fear of Missing Out (FOMO). The workshop has been announced support of World Mental Health Day, on October 10.
The happiness workshop was developed…
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VANCOUVER – Telus announced today it will purchase ADT Security Services Canada for approximately $700 million.
ADT Canada is a leading provider of security and automation solutions, serving residential and business customers. It has approximately 500,000 customers and 1,000 employees across the country, according to the Telus press release. Last fiscal year, ended December 31st, ADT’s Canadian operations generated US$229 million in revenue, said the release from the Boca Raton, Fla.-based company.
While the company had already launched a security solution via its SmartHome Security app, this acquisition brings Telus more in line with other Canadian network operators such as Rogers…
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VANCOUVER — Telus announced Thursday chief corporate officer and group president Josh Blair (pictured) has decided to leave the company at the end of the year.
Blair will continue to serve in his capacity as chair of Telus International and will also become chair emeritus of Telus Health, in recognition of his long-standing contributions to the growth of Telus’s healthcare IT division, the company said in a news release.
After 25 years in leadership roles throughout Telus, including 12 years as a member of the company’s executive leadership team, Blair is taking the opportunity to spend time with his family…
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EDMONTON – At an event Tuesday, Telus announced it will invest $16 billion in its wired and wireless networks in Alberta through the next five years as it pushes its PureFibre and builds 5G.
“As one of the province’s leading employers, our investment includes hiring 5,000 Albertans over the next five years. Furthermore, across our vast partner ecosystem, Telus’ investment in network infrastructure will support the creation of 20,000 family-supporting jobs across the province over the next five years,” says the company press release.
“Telus is proud to be making this generational investment in Alberta, providing the technology to bridge…
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