NIAGARA FALLS, Ont. and CRANBROOK B.C. – Telus announced Wednesday that it has moved its networks down a couple of Canadian highways.
The first is the Queen Elizabeth Way as the company said it has launched its LTE network in the Niagara region. Today’s announcement is part of the company’s $650 million investment in Ontario over the next three years to further expand and enhance its wireless networks.
LTE has emerged as the new standard for wireless technology and Telus’ 4G LTE network supports manufacturers’ rated peak download speeds of up to 75 megabits per second (Mbps), with an expected average…
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VANCOUVER – The financial future looks friendly for Telus Corporation whose CEO has decided for the fourth consecutive year to take his salary in Telus shares. The move should come as no surprise given that Telus’ third quarter revenue increased 6% to $2.8 billion, while profit rose 7.7% from a year ago to $351 million. Earnings per share jumped 8% to $1.08 and free cash flow in Q3 increased 23% from a year ago to $426 million primarily due to higher EBITDA.
Smartphone subscribers now make-up 63% of the total postpaid subscriber base of 6.4 million…
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TORONTO – Telus’ newest suite of plans features unlimited local talk and text and the ability to share your data with others on your account. Launching on November 8, the plans include Unlimited Local Calling as well as Caller ID and Voice Mail 3.
"At Telus we are continuously looking for ways to make the customer experience better and ensure we are providing our new and existing customers with clear and simple plans that are transparent and easy to understand," said Brent Johnston, vice-president, Mobility Solutions, Telus. "Our new rate plans deliver the value that customers want…
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TORONTO – Telus has expanded its 4G Long Term Evolution (LTE) to customers in Newmarket and Aurora. Additional communities will be getting access to LTE in the coming months, as the carrier continues to bring the technology to more Ontarians by the end of 2012.
Today's announcement is part of the company's $280 million investment in the Greater Toronto Area over the next three years to further expand and enhance its wireless networks.
"Telus is committed to offering the best customer experience and launching our 4G LTE service in Newmarket and Aurora is an excellent…
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100 MILE HOUSE, B.C. – Travellers on highways near 100 Mile House will be able to use their cell phones thanks to a partnership with the province and Telus which has invested $1.8 million to provide new wireless coverage to stretches of highways in the area.
The three new wireless sites cover the Lone Butte to Bridge Lake segment of Highway 24 and the Lac la Hache to 141 Mile House stretch of Highway 97.
The sites are now live, providing service to more than 50 kilometres of highway as well as homes and businesses…
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VANCOUVER – Telus has invested $1.3 million to bring its 4G LTE network to Comox, Courtenay and Campbell River.
With this expansion, Telus now offers 4G LTE on Vancouver Island from Victoria through to Campbell River. Additional B.C. communities will be getting access to 4G in the coming months, as the carrier brings the technology to nearly 90% of the province’s population by the end of 2012.
“We are committed to offering you the best customer experience. A key part of that promise is bringing our 4G LTE service to Comox, Courtenay, Campbell River…
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MONTREAL- Telus and the Association of Fundraising Professionals-Quebec Chapter (AFP) are honouring three outstanding and committed community leaders in the greater Montreal region, the top three winners of the Telus Community Excellence Awards. They are: Manon Barbeau, Co-founder, Executive Director and Artistic Director, Wapikoni mobile; Ugo Dionne, Co-Founder, Bénévoles d'affaires; and Bernard Lamarre, Chairman of the board, École Polytechnique.
The honour was part of the Telus Celebration of Giving in Montreal, an annual event that brings together 150 professionals and volunteers from the community sector. Through the event Telus recognizes the generosity and dedicated work of…
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VANCOUVER – Telus shareholders have voted strongly in favour of a proposal to exchange the company's non-voting shares for common shares on a one-for-one basis says the telecom. But Mason Capital responded that it participated in the meeting under protest and would be appealing an earlier court decision which allowed the vote to take place.
Of the total shares voted, 81.1% were in favour of Telus' share exchange proposal, with 62.9% of the 128.8 million common shares voting in favour, and 99.5% of the 127.7 million non-voting shares voting in favour. Excluding Mason's most recently reported…
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VANCOUVER – At Telus' suggestion, the B.C. Supreme Court has ordered a joint shareholder meeting on October 17 to consider both its share exchange proposal and New York hedge fund Mason Capital's related resolutions, providing shareholders with the opportunity to compare and vote on the rival proposals. The order follows a B.C. Supreme Court decision provided orally by Master Muir with written reasons to follow.
The court found it appropriate to have Telus and Mason Capital's resolutions voted on at the October 17 meeting and to allow proxies received by Telus from common shareholders voting in favour…
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VANCOUVER – Telus has announced that the Supreme Court of B.C. has given approval for it to proceed with a vote on its share exchange proposal despite an appeals court ruling that sided with U.S. hedge fund investor Mason Capital.
The Supreme Court of B.C. rejected Mason Capital’s attempt to challenge Telus’ share exchange proposal says Telus. The Court confirmed the validity of the order it had initially granted to Telus enabling the company’s shareholders to vote on its proposal to exchange non-voting shares for common shares on a one-for-one basis. The proposal requires approval…
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