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Telus revenues up, profits shrink in Q1

telecom | 05/05/2016 6:42 pm EDT

Telus Corp. revenues increased by 2.6 per cent in the first quarter of 2016, rising to $3.1 billion compared to $3.03 billion during the same period a year earlier, the company said Thursday. In a press release outlining earnings for the three months ended March 31, the company attributed the increase to continued growth in its wireless and wireline operations, which saw revenues grow by 2.5 per cent and 3.7 per cent, respectively. Telus also posted a profit of $378 million in the first quarter, though the net earnings were 9.1 per cent less than the same period a year...

Bell Media reps face grilling on MTS at House committee

Media | 05/03/2016 6:40 pm EDT

OTTAWA — Parliamentarians hoping for answers to outstanding questions about Monday’s news that BCE Inc. had struck a deal to acquire Manitoba Telecom Services Inc. were left disappointed when representatives from Bell’s media division appeared on Parliament Hill Tuesday morning. Winnipeg-area Liberal MP Dan Vandal was looking for “some measure of comfort that there will not be massive layoffs as a result” of Bell’s $3.9-billion proposal to absorb MTS and its related plan to sell one-third of postpaid wireless...

No FTTP wholesale without CRTC action: PIAC

telecom | 12/01/2014 9:49 pm EST

GATINEAU, Que. — Three consumer groups opened the second week of the CRTC hearing into wholesale wireline connections by telling the regulator to expand its wholesale access regulations to fibre-to-the-premises (FTTP)...

Analysts, carrier question policy on AWS-3 set-asides

telecom | 08/06/2014 7:21 pm EDT

Analysts are split on the wisdom of Industry Canada’s rules for the upcoming AWS-3 auction, which appear to put valuable spectrum in two provinces out of reach for any carrier. The spectrum rules, detailed on July 28, set...

MTS expands fibre-optic network to Stonewall, Man.

telecom | 12/06/2013 7:51 pm EST

Manitoba Telecom Services Inc. said Friday it has expanded its fibre-optic network to Stonewall, Man., which is about 35 kilometres northwest of Winnipeg. The company said bringing its MTS FiON network to Stonewall will allow...

MTS offers LTE roaming throughout Canada, internationally

telecom | 11/25/2013 9:24 pm EST

Manitoba Telecom Services Inc. on Monday said that it is now is offering its customers the opportunity to roam on LTE networks in most major urban areas in Canada and the United States, as well as...

MTS revenues down due to legacy revenue declines

telecom | 11/08/2013 8:26 pm EST

Manitoba Telecom Services Inc.'s third-quarter revenues were down 3.7 per cent, the company reported Thursday. Revenues were $408.4 million for the three-month period ended Sept. 30, down from $424.3 million at the same time a year earlier. The company said in a release Thursday the decline was “due to legacy revenue declines, including $12.2 million in planned reductions at Allstream, and a $2.6 million reduction in MTS wireless wholesale revenues as other carriers move their customers from MTS’s CDMA network to their own HSPA networks.” Net income was $25.4 million, down $33.2 million from the same period a year earlier, the company reported. “Strong growth in data revenues” contributed to an increase in average revenue per user for wireless...

Uncertainty of telecom file delaying Wind Mobile’s ownership change

telecom | 05/31/2013 6:56 pm EDT

Seven months after VimpelCom Ltd. filed an application to change control of Wind Mobile, Industry Canada still hasn't released a decision. VimpelCom, an international mobile operator based in Amsterdam, filed application last October with an expectation that the agreement would be approved within 45 days, and before an...

Allstream’s fibre network supports Accelero’s plans for Wind: analysts

telecom | 05/27/2013 8:15 pm EDT

Accelero Capital Holding's deal to purchase Allstream from Manitoba Telecom Services Inc. will give the company a cross-country fibre network that would provide backhaul support for mobile wireless services and bundled Internet, voice and mobile wireless contracts in the business market. That is, of course, if...