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Wholesale access helps 'maximize' value of fibre internet infrastructure: Telus CFO

  • Telus Corp. Plans to expand its fibre internet network while serving wholesale customers, according to Chief Financial Officer Doug French.
  • The CRTC ruling allows major telecoms to resell internet services, which may affect competition and investment, but a final decision is pending until summer.
  • Telus reported a profit of $358 million for the fourth quarter, reflecting a rise compared to $288 million the previous year.
  • BCE Inc. Criticized the CRTC decision, with CEO Mirko Bibic announcing a reduction in their fibre buildout as a response to the regulatory changes.
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castoradvance.comcastoradvance.com
+2 Reposted by 2 other sources

Wholesale access helps ‘maximize’ value of fibre internet infrastructure: Telus CFO

·Castor, Canada
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Barrie TodayBarrie Today
+12 Reposted by 12 other sources

Wholesale access helps 'maximize' value of fibre internet infrastructure: Telus CFO

Telus Corp. plans to continue expanding its fibre internet network within the core regions it serves even while acting as a wholesaler elsewhere in the country, its chief financial officer says.

·Barrie, Canada
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iPhone in CanadaiPhone in Canada

Telus Expanding Fibre Internet While Bell Cuts Back Over CRTC Ruling • iPhone in Canada Blog

Telus is pushing forward with expanding its fibre internet in key areas, even as it sells access to other internet providers elsewhere in Canada. The company says this strategy makes the most sense for getting a return on its investment. The update came from Telus CFO Doug French, during the company’s Q4 earnings call on

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Cantech LetterCantech Letter

RBC raises price target on Telus

Following the company’s fourth quarter results, RBC analyst Drew McReynolds has raised his price target on Telus (Telus Stock Quote, Chart, News, Analysts, Financials TSX:T). On February 13, Telus reported its Q4 and fiscal 2024 results. In the fourth quarter, the conpany posted Adjusted EBITDA of $1.84-billion on revenue of $5.33-billion, a topline that was […] Source

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Barrie Today broke the news in Barrie, Canada on Thursday, February 13, 2025.
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