Eastlink wireless expansion, upgrades on hold because of regulatory uncertainty [Business News Network (BNN) Energy & Resources (Canada)]
Telus Corporation Ordinary Shares (TU)
Last telus corporation ordinary shares earnings: 2/13 06:45 am
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Source: Business News Network
Eastlink wireless expansion, upgrades on hold because of regulatory uncertainty GATINEAU, Que. -- The head of Atlantic Canada's largest independent phone and cable company says it has put on hold all upgrades and expansions of its wireless networks because of uncertainty about what prices it will be able to charge in future. Eastlink Inc. president Lee Bragg told a CRTC hearing today that his family-owned, private business can't take the chance of investing in capital improvements when there's a danger that its future rates will be too low to cover its costs and repay its debt. Executives from Canada's largest national and regional wireless companies have been united in rejecting a CRTC proposal to require Bell, Rogers and Telus to carry traffic for smaller competitors without their own networks. Telus Corp. chief executive Darren Entwistle told the Canadian Radio-television and Telecommunications Commission on Thursday that it could cut spending $1 billion over five years if it manda
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News
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- Telus reports Q1 profit down from year ago, raises quarterly dividend [Financial Post (Toronto, Ontario, Canada)]Financial Post
- TELUS International reports first quarter 2024 results, delivering robust profitability and cash flow; reiterates full-year outlook [Yahoo! Finance]Yahoo! Finance
- TELUS reports operational and financial results for first quarter 2024 [Yahoo! Finance]Yahoo! Finance
TU
Earnings
- 5/9/24 - Beat
TU
Sec Filings
- 5/10/24 - Form 6-K
- 5/9/24 - Form 6-K
- 5/9/24 - Form 6-K
- TU's page on the SEC website