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Telus says CRTC strayed from accounting principles in spectrum revenue and contribution decision

News | 10/02/2023 6:20 pm EDT
The Telus Corp. office building in Montreal, Que. (photo by Anja Karadeglija).

Telus Corp. says the CRTC should review its decision to include revenues from the sale and subordination of spectrum in its contribution regime because it did not take into account generally accepted accounting principles (GAAP). Straying from GAAPs, Telus argued, will force telecom providers to develop new financial reports for contribution purposes, create irregularities in financial reportings, and lead to confusion among stakeholders.

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