Telus would cut 5K jobs and $1B in spending if CRTC approves practical wireless network operators

February 21, 2020
Business

The CEO of Telus Corp. says it could cut about $1 billion of spending and 5,000 jobs over a subsequent 5 years if a CRTC mandates Canada’s wireless companies open their comforts to practical network operators.

Telus arch executive Darren Entwistle suggested those estimates in a final mins of scarcely 4 hours of open hearings Thursday before a Canadian Radio-television and Telecommunications Commission in Gatineau, Que.

Most of a morning and early afternoon conference was spent with Entwistle and his group of executives and consultants regularly observant Canada doesn’t need mobile practical network operators, or MVNOs.

The Telus position is that Canada’s wireless marketplace is already intensely competitive, prices are indeed utterly affordable discordant to renouned belief, and a attainment of MVNOs would set behind a deployment of 5G networks.

Executives from some of Canada’s largest inhabitant and informal wireless use providers been joined in their rejecting of mandated MVNOs, that would be given a right to daub into their facilities.

Entwistle emphasized his position by volunteering to submit, confidentially, a Telus board’s instructions for managers to start creation skeleton for slicing spending and jobs if a CRTC chooses MVNOs over facilities-based carriers.