VANCOUVER – Led by growth in both wireless and wireline, Telus saw profits jump more than 10% for the first quarter ended March 31, 2015.
Consolidated operating revenue increased 4.6% to $3.03 billion, while net income grew 10.1% year-over-year to $415 million. Adjusted net income increased by 11.5% to $427 million. Earnings before interest, income taxes, depreciation and amortization (EBITDA) increased by 5.4% to $1.14 billion, though EBITDA excluding restructuring and other like costs increased by 6.2% to $1.2 billion.
Telus said that consolidated revenue growth was generated primarily by higher data revenue in both wireless and wireline operations, in addition to…
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BAIE-COMEAU, MONT-JOLI and AMQUI, QC – Telus this week unveiled more details surrounding its planned investments in Quebec, which will include $5.4 million in Baie-Comeau, $2.3 million in Mont-Joli and $2.1 million in Amqui.
The funds will enable thousands of homes and businesses to connect directly to Telus’ fibre optic network while simultaneously enhancing wireless speeds, coverage and capacity, the company said. The investments will also allow for faster Internet speeds, new TV content, packages and applications for its Optik TV service, connect business locations and industrial parks to the network helping to further stimulate economic growth, plus grow the…
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TORONTO – Telus is joining forces with Startup Canada to help make Toronto a Canadian city of choice for entrepreneurs to start and scale their businesses.
The organizations launched Startup Toronto – an entrepreneur-led community that will help new businesses in the Greater Toronto Area accelerate their growth by providing access to resources, mentorship programs, education and support through a hyper-connected local and national network. Startup Toronto is the newest addition to the Startup Canada Communities network, and will, among other aims, act as a point of entry and resource directory for entrepreneurs to access Toronto's startup-support ecosystem.
Throughout the year,…
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TORONTO – With just over a month remaining until the start of the 2015 Canadian Telecom Summit, Telus president and CEO Joe Natale, Xplornet Communications president and CEO Allison Lenehan, Rogers enterprise president Nitin Kawale and Wind Mobile CEO Alek Krstajic are among the industry heavyweights confirmed as keynote speakers.
Scheduled for June 1 – 3 at the Toronto Congress Centre in Toronto, the Canadian Telecom Summit attracts leaders from the telecom, broadcast and IT industries to discuss the key issues and trends that will impact this critical sector of the economy. Join more than 500 suppliers, policy makers, regulators,…
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TORONTO – Telus will invest $2.1 billion in new infrastructure and facilities across Ontario in the next three years, the company announced Tuesday.
Telus said that the funds will be used to upgrade its wireless towers across the province to 4G LTE; to continue its deployment of 700MHz spectrum for use in rural and urban areas; to further grow the role of Telus Health, and, facilitate the adoption of Internet of Things (IoT) technologies through investments in network, security, cloud computing and Internet-connected devices.
“Ontarians want increasingly faster wireless speeds and enhanced capacity, and we are well positioned to deliver these thanks…
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TORONTO – Telus and CIBC are teaming up on a new co-branded credit card that offers rewards such as a new device or prepaid cards, the companies announced Monday.
The CIBC Telus Rewards Visa card allows customers to earn Telus loyalty rewards for everyday spending which can be redeemed for products and services including the latest smartphones and tablets, charitable donations or travel passes.
Users earn one point for every dollar spent using the rewards card, and 1.5 points on all rewards card purchases at grocery and gas retailers or by paying their Telus bills. Additional points may be earned by…
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MONTREAL – Telus will invest $1.6 billion in new infrastructure and facilities across Quebec through 2018, including $116 million in the Greater Montreal area, the company announced this week.
Telus said that the funds will be used to upgrade all wireless sites in the province to 4G LTE, connect more homes and businesses to its fibre optic network, expand the capacity of its Intelligent Internet Data Centre in Rimouski, grow the role of Telus Health, and add more content, packages and applications to its television service.
In the Greater Montreal area, Telus will continue expanding underground wireless service in Montreal's metro system,…
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OTTAWA – Industry Canada’s latest auction kicked off earlier this week with 11 companies looking to secure some of the more than 300 licences up for grabs in the 2500 MHz band. A combinatorial clock auction (CCA) format, the same as was used in the 2014 700 MHz auction, is in place, meaning the bandwidth sale could last a few weeks.
Along with the Big Three – Bell Mobility, Rogers Communications and Telus Mobility – new entrants Wind Mobile, Vidéotron and Bragg Communications (Eastlink) are all participating. Regional wireless company MTS, rural satellite and wireless broadband providers SSi Micro and…
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VANCOUVER – Telus said today it intends to invest $4 billion in new infrastructure and facilities across its home province of British Columbia through 2018, including $1 billion this year alone.
When combined with operational expenses, this will bring Telus' total investment in British Columbia over the next four years to $11.5 billion, the company said in a press release today.
By the end of 2018, Telus will have invested more than $47 billion in British Columbia since 2000 to extend the reach of advanced telecommunications infrastructure and healthcare technology, ensuring sustained innovation and fueling the province's economic growth.
“Our…
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EDMONTON – Telus will invest $4.2 billion in new infrastructure and facilities across Alberta through 2018, including $1 billion this year alone, the company announced Monday.
Telus said that the funds will be used to expand fibre optic Internet access, increase wireless speeds, expand rural coverage with LTE, expand the reach of its healthcare solutions, offer Internet of Things solutions, and enhance its television service with more content and a new theme pack structure.
"Telus networks now reach 99 per cent of the province, making Alberta one of the most connected places on the planet. Over the next four years, Telus…
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