VANCOUVER — Telus experienced a “strong” third quarter with revenues reaching $3.77 billion, an 11% increase compared to the same quarter last year, primarily due to a spike in wireless subscribers, the company said Thursday.
The company’s EBITDA (earnings before interest, taxes, depreciation and amortization) increased by 8.2% to $1.35 billion due to higher revenue growth and improved wireless equipment margins, partially offset by incremental employee benefits expense due to recent business acquisitions and increased costs to support its growing customer base. Adjusted EBITDA was 6.4% when excluding the net gain from the sale of Vancouver office tower Telus Garden,…
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VANCOUVER – Telus flipped the switch on its LTE-M low-power wide-area (LPWA) network Thursday, with coverage available now across British Columbia, Alberta, Ontario, Quebec and Atlantic Canada, plus major centres in Manitoba.
Telus said that the purpose-built, 5G-ready LTE-M network delivers a strong wireless connection to IoT devices while requiring minimal power for each transmission, crucial for large-scale IoT deployments and devices located in remote areas.
Built on licensed cellular standards-based technology, which the company said offers a higher quality of service, greater reliability and carrier-grade security, the network is designed to be fully compatible with 5G technologies and will support…
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Record donation
VANCOUVER – Telus is donating $120 million to kick start a new independent charitable organization mandated to address the social and economic challenges facing Canada’s disadvantaged youth.
According to president and CEO Darren Entwistle, the Telus Friendly Future Foundation will provide funding grants to “often overlooked” grassroots charities that help young Canadians build digital literacy skills, provide basic healthcare and mental health support to the homeless, and open up essential educational opportunities.
“At Telus, we believe that the challenges faced by vulnerable Canadian youth are unacceptable, which is why we are increasing our support of this important group,” said…
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TORONTO – Iristel has taken its fight with Telus to the Ontario Superior Court of Justice claiming Telus has breached its wholesale contract and is seeking damages of $135 million.
In the statement of claim filed October 2nd, Iristel and ICE Wireless claim Telus has been not living up to its end of their contract by failing to connect calls to ICE Wireless customers or pay its bill to Iristel. In the filing Iristel says it is owed over $156,000 by Telus, but is claiming damages far higher to that because it is undermining Iristel’s standing in the telecom business…
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OTTAWA – The Copyright Act review resumed in Ottawa on Monday, where representatives from Telus had the opportunity to discuss the company’s stance. The company’s appearance before the Standing Committee on Industry, Science and Technology followed last week’s presentations by Bell, Rogers, TekSavvy and Shaw.
Like TekSavvy, Telus is in the somewhat unique position of not being vertically integrated, something that Ann Mainville-Neeson, the company’s VP of Broadcasting Policy and Regulatory Affairs highlighted at the outset of the presentation.
“We are purely an aggregator and distributor of the best content there is to offer,” she explained.
As such, Mainville-Neeson…
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TORONTO – Dave Fuller, executive vice-president and president of consumer and small business solutions at Telus will leave the company in January, it was announced Monday.
Telus also announced the appointment of Zainul Mawji and Jim Senko to the positions of president, home solutions and small business and president, mobility solutions, respectively.
Fuller departs Telus after 14 years with the company
“I have thoroughly enjoyed my time as a proud team member of Telus over what has been almost 15 years with this great organization” said Fuller (above) in the company press release. “I have been truly privileged to work in…
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GATINEAU – If Iristel wants to make sure hospitals can reach patients who are also its customers on the phone in order to call them in for surgery, then the company should stop illegally boosting network traffic so those calls make it through, Telus told the CRTC in a letter today (September 28).
This week, the CBC posted a story detailing how a hospital could not reach a cancer patient in Behchoko, NWT (about 100 kms northwest of Yellowknife) in order to call her in for surgery. She is an Ice Wireless customer – which is a…
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VANCOUVER – Telus announced a $5 million commitment to expand its Health for Good program across the country.
The program provides primary healthcare to vulnerable and underserved Canadians through the deployment of specially-equipped mobile health “clinics on wheels” into communities where frontline care is urgently needed. Once fully operational the program will be able to care for more than 20,000 Canadians annually, said the company.
Currently active in Montreal, Vancouver, Victoria and Calgary, these partner-operated mobile clinics act as a link between the communities in which they operate and the local health authority. They help to facilitate better continuity of care…
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VANCOUVER – Telus Health is joining forces with London-based digital health company Babylon to provide doctors and patients in Canada with access to virtual healthcare technology solutions and services.
Designed to complement existing healthcare services across the country, the service is aimed at people in rural areas or living with mobility issues, those who are unable to access non-emergency healthcare on evenings, weekends or holidays, and for the five million Canadians who do not have a family physician.
The virtual care technology will be made available to Canadians via a version of the mobile app developed specifically for Canada. Powered…
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GATINEAU – After many public complaints and a Commission letter which all but threatened wireless rate regulation, Telus, Rogers and Bell responded to the CRTC’s request for a better skinny wireless package by doubling the amount of data originally offered.
Earlier this year, in a multi-faceted wireless decision, the CRTC demanded each of Rogers, Bell and Telus come up with low-cost data-only wireless plans for the Canadian market. The plans can not be tied to customer income; must be made available on the latest network (4G), must be nationwide, and be available on post- and pre-paid plans. Those plans, said…
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