Canada’s telecom titan Telus to trim 5,000 jobs if forced to open network to reseller


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Canada’s telecom titan Telus to trim 5,000 jobs if forced to open network to reseller

Telus Corp., the Vancouver-based Canadian national telecommunication company swarming a swathe of telco products and services ranging from internet access to IPTV to healthcare, with long-hailed subsidiaries such as Koodo Mobile, Public Mobile, Telus Mobility and a many more, had been exploring an option to trim more than 5,000 jobs and to desert a planned investment of C$1 billion over the next five years if the Canadian telecom conglomerate was forced to curb prices by 25 per cent or to open its networking infrastructure to wireless resellers, a report from a Canadian newspaper, The Globe and Mail, had reported on Thursday (February 20th) citing the Telus Chief Executive Darren Entwistle.

More importantly, latest contumacious comments from the Telus Chief Executive, Entwistle came forth just days before the Canadian telecom regulators has been set to start off hearings on an intensifying competition in Canada’s wireless data carrier market, while the Canadian telecom regulators are also looking to lower the cost of cellphone data plans by forcing the North American nation’s top three wireless providers to allow access of other networks in to their existing infrastructure, suggested analysts following reveal of Thursday’s (February 20th) The Globe and Mail report.

Besides, the hearings, aimed at improving competitiveness in the country’s telecom industry, 89.2 per cent of which have been controlled by three telecom operators such as BCE Inc.-owned Bell unit, Rogers Communication alongside Telus Corp, would also probe whether the Canadian market is prepared to adopt a fifth-generation wireless networking service.