MONTREAL – It's the darling of the Canadian telecom field these days among Bay Streeters, and Telus again had a strong quarter, posting a 13% increase in quarterly profit in its Q1 results released Thursday as it added tens of thousands of new wireless and IPTV customers.
It’s wireless ARPU has grown to over $60 a month and the price of its newly split shares is on the rise. Churn is down, customer satisfaction is up, wireline revenues are increasing, and dividend payouts are growing for investors. According to EVP and chief…
Continue Reading
NETWORK EXPANSION NEWS
Launches this week:
Telus expands 4G LTE service in B.C. and Ontario, invests $265 million in Quebec
VANCOUVER – Over this past week, Telus announced the expansion of its 4G LTE wireless network service to communities in British Columbia and Ontario, as well as a $265 million investment in Quebec to augments its Optik TV and fibre-to-the-home network.
Telus said it is spending $300,000 to expand its 4G LTE wireless network service to Big White, Nelson, and Hudson’s Hope, B.C., with $100,000 allocated to each community. This investment is part…
Continue Reading
VANCOUVER – Telus announced a second consecutive quarter of net profit growth of $362 million, an increase of 13.5% over the same quarter in 2012.
First quarter revenue increased by 4.8% to $2.76 billion, compared to the same period a year earlier, driven by increased revenue in the company’s wireless, high-speed internet and Optik TV businesses. Consolidated earnings before interest, taxes, depreciation and amortization (EBITDA) also increased by 5.4% to $1.03 billion, resulting in a corresponding jump in earnings per share of 14% to $0.56, which reflects the company's mid-April two-for-one stock split.
Telus reported…
Continue Reading
TORONTO – SaskTel and Telus’ Koodo Mobile ranked highest in customer satisfaction for the second year in a row, according to a new study released today by J.D. Power & Associates.
Among full-service carriers, SaskTel’s score was highest at 712, which was 13 points higher than its 2012 score. The survey noted that SaskTel performed particularly well in terms of offerings and promotions, customer service, and the sales process.
Koodo Mobile from Telus scored highest among stand-alone carriers with 765 points, also up higher by 13 points from 2012. The wireless provider stood out for…
Continue Reading
MONTREAL – Interveners told the CRTC Tuesday that just because Bell Canada has decided it will spin off a few TV assets with this latest attempt to purchase Astral Media, that doesn’t make the deal any better for Canadians, or for them.
“This second application raises the very same concerns in the English-language television market,” Rogers SVP regulatory Ken Engelhart told commissioners on Tuesday morning. “The acquisition of Astral’s premium pay television services will threaten diversity and endanger the ability of distributors to deliver programming to Canadians at affordable rates and on reasonable terms on multiple platforms.
So for Rogers, the…
Continue Reading
MONTREAL – Telus Health and McGill University have announced a new three-year, million dollar partnership to create a learning environment and conduct research on how best to use technology to improve health and healthcare delivery for Canadians.
“This partnership will contribute to our effectiveness in generating quantifiable results by allowing us to document patient outcomes from our health IT applications and cutting-edge collaborative services,” said Telus Health president Paul Lepage in a release. “It enables us to gain valuable knowledge and further insights on the impacts of ehealth initiatives from both the clinical and business perspectives…
Continue Reading
TORONTO – Andrea Wood has joined Telus as its vice-president of legal services, the company announced this week. She is joining the team lead by Monique Mercier, senior vice-president, chief legal officer and corporate secretary.
Wood brings more than 25 years of legal experience, much of that in the telecommunications and related industries. She was most recently with Wind as the wireless company’s chief legal officer.
www.telus.com
Continue Reading
VANCOUVER – Telus has announced improvements to its Optik mobile app that lets users watch movie trailers before renting, and provides better video quality and more HD titles.
The app allows customers to rent more than 1,500 new release movies and TV shows and then watch them on their smartphones, tablets, and laptops. Optik customers can rent a movie once and have the choice to watch it on any screen during the rental period. Customers have the flexibility to rent select Movies On Demand from Optik TV at home, watch a portion of the movie and…
Continue Reading
TORONTO – Cisco and Telus have joined together to donate collaborative technology tools to help international charity Free The Children become more mobile and connected with youth around the world.
Cisco’s donation of six of ITS TelePresence, WebEx Telepresence and Jabber Video units allow the organization’s staff to connect face-to-face with colleagues in offices in Toronto, Montreal and Vancouver, as well as the organization’s offices around the world. Telus, which has been a sponsor of Free The Children since 2006, supplies the network platform for the Telepresence technology.
“Cisco’s TelePresence technology will revolutionize the way…
Continue Reading
TORONTO – Telus says a vacation phone scam that uses the company’s name to target Ontario residents is fraudulent and is warning its customers to hang up if they receive such a call.
The call features a recorded voice message which thanks the customer for choosing Telus and offers a free vacation for being a good customer. If the person stays on the line they are connected to a real person who asks them for personal information or to send money as a down-payment on vacation fees.
The scam is common, re-surfacing periodically using the…
Continue Reading
