TELUS Corporation (TU) enhanced its product portfolio with the launch of iPad with added facilities. The company will offer the fourth generation iPad and iPad mini along with Wi-Fi and cellular connectivity. The iPads will be available in the company’s stores across Canada.
The fourth generation iPad of Apple Inc. (AAPL) is designed with a 9.7-inch Retina display, new A6X chip and FaceTime HD camera. The iPad mini – 23% thinner and 53% lighter than the third generation device – displays a 7.9-inch Multi-Touch screen, FaceTime HD and 5 megapixel iSight camera and a battery that provides nearly 10 hours of service, depending on settings, usage and other factors.
Both the tablets operate on the world’s most upgraded mobile operating system – iOS 6 – that has more than 200 new features. The gadgets are expected to render super fast wireless performance with download speeds of up to 75 megabits per second (Mbps) at peak times and an expected average speed of 12–25 Mbps.
To make the offer more attractive and draw additional customers, Telus has clubbed an array of lucrative data plans that are available minus the hassle of any contract. This provides customers the option to activate or cancel the plans at any time.
There are a number of simple data and payment plans available for easy data sharing across several devices on the same account. Telus’ Easy Tablet program enables customers to buy a new iPad at a low price and repay the balance amount via equal monthly installments.
We believe that Telus has strong prospects in the wireless segment backed by technology upgrades, expansion of the 4G LTE network plus high rollout of smartphones.
TELUS Corporation – which operates within the Canadian telecom industry along with Rogers Communications Inc. (RCI) and BCE Inc. (BCE) – currently carries a Zacks Rank #2 (Buy).
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