Videotron will launch its LTE network “in the next few weeks” across Quebec, according to CEO Manon Brouillette. The company dished the news during its Q2 earnings call today, noting that it is in a good position to continue offering competitive province-wide wireless services.
The company noted revenues of $66.8 million from its wireless division, and netted 29,700 new customers for a total of 551,300.
While the subsidiary, which is owned by one of Quebec’s largest media companies, Quebecor, won’t comment on when it aims to launch a national wireless network, it noted that the launch of the iPhone had a positive impact on the company’s wireless revenue. Brouillette noted that iPhone users accounted for 22% of total activations, and their average ARPU amounted to $68, far higher than the company average. Considering Videotron only began selling the iPhone in late March, it shows there was pent-up demand for the products. (more…)