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Telus Corp to slash 1,500 jobs to cut costs

Wireless provider Telus Corp. is planning to reduce its workforce by 1,500 positions as it boosts dividend payments to shareholders.

The Vancouver-based company, which operates one of Canada’s biggest telecommunications networks, said Thursday that the layoffs will save as much as $125 million each year. 275 more words

FP Tech Desk

Risk-averse investors flow into telecom, but for how much longer?

Equity investors in search of returns have fled riskier investments in energy and banking this year and found a safe haven in Canada’s stable — but maturing — telecom sector, catapulting these stocks to rich valuations. 332 more words

Trading Desk

Big Three telecom companies say they're winning the customer service battle. But are they?

For 21 years, Sophie Smith has had a cellphone plan with Rogers Communications Inc., the largest carrier in Canada. The relationship wasn’t always perfect, but it was good enough to keep her from taking her business elsewhere. 2,404 more words

FP Tech Desk

Sometimes the best way forward is to simply be consistent

“Adapt or die” may be one of the most over-hyped business phrases of the last decade. The reality is that most firms don’t face disruptive threats. 615 more words


Investors await telecom churn rates and subscriber numbers

Investors in Canadian telecom won’t have to wait long to see how Rogers Communications Inc., the sector’s “most watched name” according to one Bay Street analyst, fared during its third quarter against rivals BCE Inc. 314 more words

Trading Desk

Is the party about to end for Canadian corporate bonds?

Investors keep eating up new Canadian corporate debt issues, but a dismal third quarter is creating some questions about whether the party is about to end. 876 more words

Canadian Economy

Adding fibre (optic) to your diet: Edmonton residents given taste of the future

A mobile 560-square-foot show home, the size of a small condo, plunked in the parking lot of the Telus World of Science isn’t meant to sell homes, but display the technology that could soon fill and run them. 620 more words

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