Telus sees ‘moderate’ regulatory future due to lower prices

By Ahmad Hathout Telus CEO Darren Entwistle said Friday he believes there will a future where the regulatory environment will be tempered by heightened competition and current declining prices despite higher inflation. “God forgive me for saying this, but I see over the longer term the environment moderating,” Entwistle said during a third-quarter earnings call Friday. “I think a lot of the goals that the federal government has had on the regulatory front have effectively been answered, and I think this is an era to allow free market forces to determine competitive outcomes, not regulatory or government intervention.” The telecom...