VANCOUVER – Growth in its wireless and surprisingly, wireline businesses, drove fourth quarter revenue up by 6% at Telus to $2.85 billion from a year earlier, while EBITDA increased by more than 8% to $947 million. Net profit was $291 million, up 23% compared to earnings of $237 million in the same period last year. Earnings per share (EPS) rose 17% to $0.89.
Consolidated revenue growth was generated by an 8% increase in wireless revenue, due to continued subscriber and data average revenue per unit (ARPU) growth, and a 13% increase in wireline data revenue. Telus…
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SALMON ARM, B.C. – Telus has invested $600,000 to bring its 4G LTE network to customers in Salmon Arm, B.C. The carrier has rolled out its 4G LTE to more than 80% of British Columbians in 2012 and plans to connect even more by the end of 2013.
“Telus is committed to providing the best service to our customers, and that includes offering people in Salmon Arm the fastest wireless technology available in the world today,” said Bert Braybrook, Telus director, Customer Solutions Delivery, Kamloops/Cariboo region.
“With a 4G LTE device like the Samsung Galaxy…
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VANCOUVER – Following court approval and months of delay, the exchange of Telus' non-voting shares for common shares on a one-for-one basis became effective at 12:01 a.m. PT today.
Telus’ non-voting shares were delisted from the New York Stock Exchange (NYSE) before the market opened and its common shares commenced trading under the symbol "TU" at the start of trading today. The carrier currently anticipates its non-voting shares will be delisted from the Toronto Stock Exchange (TSX) at the close of business on or about February 8, 2013 and the common shares issued today in exchange…
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TORONTO – Telus has added digital forensics capabilities to its security solutions with the acquisition of Digital Wyzdom Inc. The carrier says the acquisition complements its existing security solutions portfolio and will allow it to better serve customers with their forensics and security needs. Financial terms of the agreement were not disclosed.
Telus Security Solutions says it selected Digital Wyzdom based on its people, technology, and a shared vision of putting customers first for their security and forensic needs. Digital Wyzdom provides digital forensics, network security, E-discovery, intellectual property, and fraud advisory services to organizations…
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OTTAWA – Telelatino Network (TLN) has lodged a complaint with the CRTC regarding Telus’ Optik TV service urging it to force Telus to add at least one Canadian Italian third-language service.
It contends that since Optik TV now carries Italian foreign service Rai Italia, to comply with section 27(4) of the Broadcasting Distribution Regulations it needs to add at least one Canadian third-language service offering at least 90% Italian language programming. In its complaint TLN notes that Telus does not distribute either Mediaset Canada or Sky Tg24 (Canada) which are the only two…
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VANCOUVER – Telus has launched a program that teaches youth how to translate their passion and ideas for their community into real change. It’s Give Where You Live educational curriculum, developed in partnership with Free the Children, promises to educate, encourage and empower young Canadians to identify social issues and take action on them to make positive change in their local communities.
The curriculum and speaking tours will launch in 40 B.C. middle and secondary schools this year, with the expectation that 150,000 youth across Canada will be involved in the philanthropic curriculum by 2016.
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VANCOUVER – Telus is moving forward with its court-approved exchange of its non-voting shares for common shares on a one-for-one basis. The plan becomes effective at 12:01 a.m. (PDT) on February 4, 2013. It also announced that Mason Capital Management and Telus have agreed to abandon all litigation relating to the court approved plan of arrangement. The agreement does not involve the payment of funds to either party.
As a result, the Supreme Court of British Columbia's decision to grant a final order approving Telus' share exchange stands and all conditions precedent to completion of the…
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THUNDER BAY, ON – Telus reports that customers in Thunder Bay now have access to its 4G Long Term Evolution (LTE) network. The carrier’s 4G network now covers nearly 70% of the Canadian population. By the end of 2013, Telus’ 4G LTE network is expected to launch in Ontario regions including Collingwood, Port Colborne, North Bay, Cornwall and Woodstock.
“Telus is committed to offering the best experience for our customers and the launch of our 4G LTE service in Thunder Bay is an excellent example of how we’re delivering on this promise.” said Hilen Wong,…
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VANCOUVER – Telus is providing mobile devices and service to Canada’s athletes and coaches at the 2013 Special Olympics World Winter Games in Pyeongchang, Republic of Korea. Telus has been a long-time supporter of Special Olympics Canada, donating more than $300,000 to support the program since 2009.
In addition to providing mobile devices, Telus will also cover the network expenses for Special Olympics Team Canada’s 141 members during the World Winter Games from January 29 to February 5, 2013. Along with having the ability to phone home as often as the athletes wish, Canada’s…
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VANCOUVER – A contract dispute between Telus and Viacom means that as of February 28th, Telus Optik TV customers will no longer have access to Spike TV and BET.
Telus has notified customers of this upcoming change via its web site. “As of Feb. 28, 2013, Spike TV on channel 150 and BET on channel 154 will no longer be available on Optik TV. All other channels in the Adventure and Entertainment Extra theme packs remain unchanged,” reads the site.
Telus’ Chris Gerritsen told Cartt.ca that the company’s “contract with the owner of Spike and BET came…
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