From:
Joan & Jim Cosford[SMTP:jcosford@sfu.ca]Sent: October 9, 2001 12:49 AM
To: procedure@crtc.gc.ca
Cc: regulatory.affairs@telus.com
Subject: Comments on TELUS Proceeding CRTC 2001-37
September 3, 2001
Secretary General
Canadian Radio and Telcommunications Commission.
Ottawa, Ontario
The following comments are made in regard to the current Telus application
to:
1) provide service to unserved communities;
2) upgrade service in communities with "lower grades" of service;
3) pass on most of the costs of implementing 1)&2) by boosting the
residential rates of all Telus customers to reflect said subsidy; and
4) increase the cost of local service to all residential customers by $3
per month to a maximum of $35. This is in addition to the rate increases
noted in item 3)
A review of Telus finds the following facts quite relevant to this
application:
1) Telus is carrying a debt load of over six billion dollars;
2) The New York Stock Exchange investment community is telling investors to
sell their Telus stock; and
3) Telus appears to be embarking on a technology upgrade (ADSL) to its
local networks to make it available "outside the door"of most homes
regardless of the fact that the overwhelming majority will neither want not
ever use it.
It is painfully obvious that Telus is reaching out to grab whatever dollars
it can get from its existing customers to try to improve the financial
picture.
When the NYSE investment analysts give Telus a failing grade, it is a
signal for the CRTC to examine the complete picture. Fiscal responsibility
and accountability begins at the top of Telus and it is callous to say the
least to ask the CRTC to grant permission to levy additional charges to the
Telus customer base to allow this "drunken sailor" to continue to spend,
spend, spend and or bail the company out of the financial mess of its own
making.
The long range implications of this Telus application are something to be
feared by residential customers. We have come to regard basic telephone
communications as a necessity. Given Telus' existing financial picture,
given the drive to "upgrade"local service to a technology that will push
the costs of basic service up and up, and given that shareholders dividends
are being maintained, I fear the plain old telephone service most are
familiar and completely satisfied with - will become an unaffordable
luxury.
I urge the CRTC to "step up to the plate", view the situation through the
customer's eyes, turn down this Telus application with a slap on the wrist
and direction to fund these programs out of corporate profits.
Regards
Jim Cosford
6376 Griffiths Avenue
Burnaby, B.C. V5E 2W7
ph: 604-525-2242
email: jcosford@sfu.ca