19:27:09 EDT Sat 04 May 2024
Enter Symbol
or Name
USA
CA



Telus Corp (2)
Symbol T
Shares Issued 1,476,406,873
Close 2024-04-22 C$ 22.02
Market Cap C$ 32,510,479,343
Recent Sedar Documents

Post/CP wonder if Telus, others have really cut prices

2024-04-23 09:27 ET - In the News

Also In the News (C-BCE) BCE Inc (2)
Also In the News (C-QBR) Quebecor Inc
Also In the News (C-RCI) Rogers Communications Inc

The Financial Post reports in its Tuesday edition that as the federal government touts measures meant to curb the cost of Canadians' cellphone bills, some say there is a disconnect between what consumers are paying and the rhetoric surrounding price declines. A Canadian Press dispatch to the Post says that on Thursday, Prime Minister Justin Trudeau drew the ire of social media users when he posted on X: "We've cut the cost of cellphone plans in half since 2019 -- in part by increasing competition. Next, we're going after the junk fees on your phone bill, so you can do things like cancel your plan or switch to a cheaper one with no added charges." The post raised questions, including from consumers saying they do not feel as though they are paying less on their cellphone bills than they were five years ago. "A show of hands please? Has your phone plan cut itself in half? Mine hasn't," said X user Ryan Lindley. "My kingdom for a single person whose cellphone bill has been cut in half since 2019," tweeted Steve Boots. Last week's budget cited Statistics Canada data from December, 2023, that showed cellphone plan costs declined by 50 per cent since the same month in 2018, but some experts dispute that number.

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