lovemymobile
05-08-2009, 11:40 AM
the two companies keep doing things together.
http://www.theglobeandmail.com/servlet/story/LAC.20090508.RBCE08ART1939/TPStory/Business
Canada's two biggest phone companies are skirting their historic rivalry to team up on their second partnership within months, as they struggle to find ways to boost profits.
Both BCE Inc.'s BCE-T Bell Canada and Telus Corp. T-T face stagnant sales as the recession crimps spending in the growth areas of wireless, data and video services; as competition in mobile phone service grows; and as their traditional core land-line business shrinks.
Both are looking for smarter ways to operate. They unveiled an agreement yesterday that will see Telus sell Bell's satellite TV service to customers in British Columbia and Alberta under the Telus brand, with the companies sharing the proceeds. Although Bell will continue selling the service under its own name in the region, the deal strengthens its national reach. The agreement also helps fill a gap in Telus's product line while it builds out its own TV service over Internet lines, known as IPTV.
Both companies posted quarterly results yesterday, with Telus surprising the Street on news that its nascent IPTV service has drawn more than 100,000 users. That technology alone may not be enough to help Telus catch up to Shaw Communications Inc., its western rival. (Shaw has reported strong growth in TV subscribers, a rise in Internet and home phone users and is expected to enter the wireless phone market as early as next year.)
Last October, Bell and Telus teamed up to overhaul their wireless networks and convert to a new global standard to better compete with Rogers Communications Inc. and several new mobile operators expected to launch service within the year. Bell said that network will be running early next year, before the Vancouver Olympics, of which Bell is a sponsor.
http://www.theglobeandmail.com/servlet/story/LAC.20090508.RBCE08ART1939/TPStory/Business
Canada's two biggest phone companies are skirting their historic rivalry to team up on their second partnership within months, as they struggle to find ways to boost profits.
Both BCE Inc.'s BCE-T Bell Canada and Telus Corp. T-T face stagnant sales as the recession crimps spending in the growth areas of wireless, data and video services; as competition in mobile phone service grows; and as their traditional core land-line business shrinks.
Both are looking for smarter ways to operate. They unveiled an agreement yesterday that will see Telus sell Bell's satellite TV service to customers in British Columbia and Alberta under the Telus brand, with the companies sharing the proceeds. Although Bell will continue selling the service under its own name in the region, the deal strengthens its national reach. The agreement also helps fill a gap in Telus's product line while it builds out its own TV service over Internet lines, known as IPTV.
Both companies posted quarterly results yesterday, with Telus surprising the Street on news that its nascent IPTV service has drawn more than 100,000 users. That technology alone may not be enough to help Telus catch up to Shaw Communications Inc., its western rival. (Shaw has reported strong growth in TV subscribers, a rise in Internet and home phone users and is expected to enter the wireless phone market as early as next year.)
Last October, Bell and Telus teamed up to overhaul their wireless networks and convert to a new global standard to better compete with Rogers Communications Inc. and several new mobile operators expected to launch service within the year. Bell said that network will be running early next year, before the Vancouver Olympics, of which Bell is a sponsor.