Month: September 2020

TELUS crowned the fastest network in the world as it wins the Opensignal Global Award for Download Speed Experience. TELUS’ average 4G LTE download speeds clocked in at a global high of 75.8 mbps, significantly faster than the 2nd fastest country in the world South Korea’s 5G network average of 59 mbps1By the end of year, Canadians in 50 communities will experience the fastest 5G network in Canada providing speeds up to 1.7 Gbps2SPRUCE GROVE, Alberta, Sept. 23, 2020 (GLOBE NEWSWIRE) — As TELUS expands its next-generation 5G network to Spruce Grove, UK-based Opensignal has announced that TELUS is the fastest network in the world!“This global recognition from Opensignal, in concert with our rapidly expanding next-generation 5G network, reinforces the TELUS team’s unparalleled commitment to providing Canadians with access to superior...

TELUS crowned the fastest network in the world as it wins the Opensignal Global Award for Download Speed Experience. TELUS’ average 4G LTE download speeds clocked in at a global high of 75.8 mbps, significantly faster than the 2nd fastest country in the world South Korea’s 5G network average of 59 mbps.1By the end of year, Canadians in 50 communities will experience the fastest 5G network in Canada providing speeds up to 1.7 Gbps 2VANCOUVER, British Columbia, Sept. 23, 2020 (GLOBE NEWSWIRE) — As TELUS expands its next-generation 5G network to Maple Ridge, New Westminster, and Pitt Meadows, UK-based Opensignal has announced that TELUS is the fastest network in the world!“This global recognition from Opensignal, in concert with our rapidly expanding next-generation 5G network, reinforces the TELUS team’s unparalleled commitment to...

TELUS crowned the fastest network in the world as it wins the Opensignal Global Award for Download Speed Experience. TELUS’ average 4G LTE download speeds clocked in at a global high of 75.8 mbps, significantly faster than the 2nd fastest country in the world South Korea’s 5G network average of 59 mbps.1By the end of year, Canadians in 50 communities will experience the fastest 5G network in Canada providing speeds up to 1.7 Gbps 2VANCOUVER, British Columbia, Sept. 23, 2020 (GLOBE NEWSWIRE) — As TELUS expands its next-generation 5G network to Port Moody, UK-based Opensignal has announced that TELUS is the fastest network in the world!“This global recognition from Opensignal, in concert with our rapidly expanding next-generation 5G network, reinforces the TELUS team’s unparalleled commitment to providing Canadians with access to...

TELUS crowned the fastest network in the world as it wins the Opensignal Global Award for Download Speed Experience. TELUS’ average 4G LTE download speeds clocked in at a global high of 75.8 mbps, significantly faster than the 2nd fastest country in the world South Korea’s 5G network average of 59 mbps.1By the end of year, Canadians in 50 communities will experience the fastest 5G network in Canada providing speeds up to 1.7 Gbps 2FORT SASKATCHEWAN, Alberta, Sept. 23, 2020 (GLOBE NEWSWIRE) — As TELUS expands its next-generation 5G network to Fort Saskatchewan, UK-based Opensignal has announced that TELUS is the fastest network in the world!“This global recognition from Opensignal, in concert with our rapidly expanding next-generation 5G network, reinforces the TELUS team’s unparalleled commitment to providing Canadians with access...

TELUS crowned the fastest network in the world as it wins the Opensignal Global Award for Download Speed Experience. TELUS’ average 4G LTE download speeds clocked in at a global high of 75.8 mbps, significantly faster than the 2nd fastest country in the world South Korea’s 5G network average of 59 mbps.1By the end of year, Canadians in 50 communities will experience the fastest 5G network in Canada providing speeds up to 1.7 Gbps 2VICTORIA, British Columbia, Sept. 23, 2020 (GLOBE NEWSWIRE) — As TELUS expands its next-generation 5G network to Victoria, UK-based Opensignal has announced that TELUS is the fastest network in the world!“This global recognition from Opensignal, in concert with our rapidly expanding next-generation 5G network, reinforces the TELUS team’s unparalleled commitment to providing Canadians with access to superior...

TELUS crowned the fastest network in the world as it wins the Opensignal Global Award for Download Speed Experience. TELUS’ average 4G LTE download speeds clocked in at a global high of 75.8 mbps, significantly faster than the 2nd fastest country in the world South Korea’s 5G network average of 59 mbps.1By the end of year, Canadians in 50 communities will experience the fastest 5G network in Canada providing speeds up to 1.7 Gbps 2Partnerships with University of Windsor and St. Clair College will see TELUS transform each into a 5G Connected CampusWINDSOR, Ontario, Sept. 23, 2020 (GLOBE NEWSWIRE) — As TELUS expands its next-generation 5G network to Windsor, Tecumseh and LaSalle, UK-based Opensignal has announced that TELUS is the fastest network in the world!“This global recognition from Opensignal, in concert with our rapidly expanding...

In a press release from April 8th regarding financing and actions taken by Reykjavik Energy (OR) and its subsidiaries due to Covid-19 it was stated that authorization for financing in the form of bonds, bills and bank loans in 2020 had been increased from ISK 13bn to ISK 30bn. The reasons for this increased financing need, as stated in the press release, are increased investments and dividend payments, refinancing of loans to owners and expectations of generally worse economic conditions.In a press release from April 14th it was furthermore stated that approximately half of this year‘s financing was anticipated to be in the form of bank loans from domestic and international banks, with the remainder financed by issuing bonds in the domestic bond market. A decision has been made to increase the proportion of bond issuance this year and...

Í tilkynningu frá Orkuveitu Reykjavíkur frá 8. apríl sl. vegna fjármögnunar á árinu 2020 og aðgerðum gegn Covid-19 kom fram að heimild til fjármögnunar í formi skuldabréfaútgáfu, víxlaútgáfu og bankalána hefði verið hækkuð úr 13 milljörðum króna á árinu 2020 í 30 milljarða króna. Ástæður þessarar auknu fjármögnunarþarfar, eins og segir í tilkynningu, eru auknar fjárfestingar, arðgreiðslur, endurgreiðsla á lánum til eigenda félagsins og væntingar um verri efnahagshorfur almennt.Í tilkynningu frá 14. apríl sl. kom jafnframt fram að gert væri ráð fyrir að um helmingur fjármögnunar ársins yrði í formi bankalána frá innlendum og erlendum bönkum og um helmingur í formi útgáfu skuldabréfa á innlendum skuldabréfamarkaði.     Nú hefur verið tekin ákvörðun um að auka við hlutfall skuldabréfafjármögnunar á árinu og jafnframt minnka hlutfall fjármögnunar...

HighlightsFive-year capital investment plan of $19.6 billion, up $800 million from the prior year’s planFourth quarter 2020 common share dividend of $0.505, representing a 5.8% increaseAverage annual dividend growth guidance of 6% extended to 2025New 75% carbon emissions reduction target by 2035 compared to 2019ST. JOHN’S, Newfoundland and Labrador, Sept. 23, 2020 (GLOBE NEWSWIRE) — Fortis Inc. (“Fortis” or the “Corporation”) (TSX/NYSE: FTS) today announced its new five-year capital investment plan of $19.6 billion for the period 2021 to 2025, up $800 million from the prior year’s plan. Consolidated rate base is projected to increase from $30.2 billion in 2020 to $36.4 billion in 2023 and $40.3 billion in 2025, translating into three and five-year compound annual growth rates of 6.5% and...