Telnet Network News

Telnet Network News - We'll keep you up to date with what's happening in the industry.

Videotron’s cable broadband revenues up 10.6%

Quebec-based quadruple-play cableco Videotron, part of the Quebecor group, has reported its annual results for 2012, in which total revenues grew by 8.4% to CAD2.64 billion (USD2.57 billion) and operating profit climbed by 11.5% to CAD1.23 billion. Cable broadband internet revenues rose by 10.6% to CAD772.5 million in full-year 2012 and cable telephony turnover increased by 4.2% to CAD454.9 million, helped by an increase in corporate/SME customers, while mobile revenues grew by 52.3% to CAD171.6...
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Telus expands LTE to Saint John

Telus has expanded its commercial 4G LTE mobile broadband network to Saint John, following other recent LTE launches in the Atlantic Canada region, including St. John’s, Moncton, Charlottetown and Halifax. Telus says its LTE service now covers nearly 70% of the Canadian population. Thanks to TeleGeography for this Article
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Competition Bureau OKs Bell’s Astral takeover but must still face CRTC scrutiny

BCE, the parent of Bell Canada, has received Competition Bureau clearance for a revised proposal to take over broadcasting group Astral Media and merge it with its Bell Media division. However, the transaction also requires approval by the Canadian Radio-television and Telecommunications Commission (CRTC), which rejected BCE’s earlier purchase offer last October on anti-monopoly grounds. The Competition Bureau approved a new proposed deal under which Bell would divest various Astral TV services ...
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Vimpelcom looking at Canadian acquisitions

Vimpelcom’s CEO Jo Lunder said in an interview during the Mobile World Congress in Barcelona that the group may consider an acquisition in Canada to strengthen the position of its subsidiary Wind Mobile in the country, reports Bloomberg. Having increased its ownership control of Wind Mobile last month, Vimpelcom will look at organic growth or acquisitions to expand in Canada, Lunder said, adding that ‘We have an interesting opportunity in Canada… There is a strong economy with relatively high av...
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Videotron’s Gallic web flicks rival Netflix

Quebec-based quadruple-play cableco Videotron last week launched ‘Illico Club Unlimited’, an online video-on-demand (VoD) service offering the largest collection of French-language television and movie titles in Canada, initially with 800-900 movies and around 20 TV series, costing CAD9.99 (USD9.77) a month, reports the Montreal Gazette. The package is aimed at fighting competition from Netflix (which costs CAD8 a month) and other over-the-top (OTT) content providers in the Francophone Canadian ...
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CRTC finalises wholesale internet rates to benefit independent ISPs

The Canadian Radio-television and Telecommunications Commission (CRTC) has finalised rates for wholesale high speed internet access services used by independent service providers including ISPs, which it says will lead to significant reductions in the wholesale rates certain providers pay to the large network operators. The CRTC noted that the wholesale rates are based on the large telephone and cable network operators’ costs plus a reasonable markup. ‘Large and small independent service provide...
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