From: gilbert mark[SMTP:gilbert31@hotmail.com]

Sent: September 1, 2001 3:34 PM

To: procedure@crtc.gc.ca; regulatory.affairs@telus.com

Subject: Comments on Telus's proposal October 1, 2001

I wish to file written comments on Telus's proposal to have the flexibility

to raise rates for local service (including extended area service) by up to

$3 per month per year to a maximum monthly rate of $35 per month for

residential customers. As a person on a fixed income, this will a burden

over and above the inflation rate and affect millions of Telus's customers

who are in this income class. Since Telus is the only telephone service

offered in my area, I have no other alternative. I wish to point out that

this request from Telus is more inclined to its' financial state. In its'

news release of Q2 results, Telus reported an operating revenues of

$1,744,700,000 (up 20.1%), EBITDA of $616,900,000 (up 4.3%)and common share

income of $48,800,000 (down 70.3%). Why? Because Telus's financing costs

rose to $126,800,000 (up 154.6%). Telus's basic EPS was $0.17 per common

share (down 75.4%) and yet still declares a quarterly dividend of $0.35. I

suggest Telus cuts its' dividend since it is the Telus shareholders that

took the risk with Telus's growth by acquition strategy. Yours truly,

Gilbert Mark, Calgary, Alberta.

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