Deregulation of business phone services will result in more competition
VANCOUVER, Sept. 27 /CNW/ - Earlier today, the Canadian Radio-television
and Telecommunications Commission (CRTC) announced it has granted TELUS'
application for deregulation of local business phone services in 35 exchanges
in Alberta, B.C. and Quebec, including all major metropolitan areas in these
provinces. This follows the deregulation of local residential services in many
communities in TELUS' operating territories throughout British Columbia,
Alberta and eastern Quebec since July 25.
"We welcome today's announcement by the CRTC of deregulation of local
telecommunications services for businesses in these regions. It will allow
TELUS to bring the full benefits of competition to these customers, providing
us with the flexibility to quickly bring creative offers to the marketplace
while continuing our investment in technology and innovation for the benefit
of businesses across the country. We look forward to similar decisions that
will enable us to do the same in other communities," said Janet Yale, TELUS
executive vice-president, Corporate Affairs.
TELUS applied for deregulation of local business phone services in these
35 exchanges on June 15, 2007 on the basis that significant competition exists
for business customers in these communities. As a result, for the first time,
TELUS will be able to bring their business customers promotions and bundled
services tailored to meet their specific calling needs.
The new rules allow incumbent telecommunications carriers to apply to the
CRTC for deregulation in any community where customers can choose between
service providers and where they meet specific quality of service measures for
six months. The new rules state that local business services will be
deregulated where there is a choice of at least two phone providers with their
own network infrastructure.
TELUS (TSX: T, T.A; NYSE: TU) is a leading national telecommunications
company in Canada, with $8.9 billion of annual revenue and 10.9 million
customer connections including 5.3 million wireless subscribers, 4.5 million
wireline network access lines and 1.1 million Internet subscribers. TELUS
provides a wide range of communications products and services including data,
Internet protocol (IP), voice, entertainment and video. Committed to being
Canada's premier corporate citizen, we give where we live. Since 2000, TELUS
and our team members have contributed more than $91 million to charitable and
non-profit organizations and volunteered more than 1.7 million hours of
service to local communities. Eight TELUS Community Boards across Canada lead
our local philanthropic initiatives. For more information about TELUS, please
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Smithers, TELUS Media Relations, (416) 206-6817, firstname.lastname@example.org