VANCOUVER – Saying it will use the proceeds to “strategically bring forward transformational capital investments in broadband connectivity, including fibre and 5G, enhancing our industry-best customer experience, leading networks and competitive position,” Telus today announced a share sales deal which will bring in $1.3 billion.
Officially, the company “entered into an agreement with a syndicate of underwriters led by RBC Capital Markets and CIBC Capital Markets, and together with BMO Capital Markets, Scotiabank and TD Securities Inc. as joint book runners… pursuant to which the Underwriters have agreed to purchase from Telus, on a bought deal basis, and sell to…
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VANCOUVER — Through the expansion of its Connecting for Good programs during the pandemic this past year, Telus says it is now helping to bridge the digital and health divides for three million Canadians in need each year.
During the past 12 months, Telus has expanded its Connecting for Good programs in the following ways:
Internet for Good
Telus partnered with school boards for K-12 students in need to get high-speed Internet at home for only $9.95 per month
Expanded the program to include people in need and living with disabilities in British Columbia, Alberta and Quebec, giving them access…
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Network partners Telus and Bell tie for fastest median download speeds
VICTORIA — When it comes to the best mobile experience for customers in Canada, Telus ranks highest compared to Bell and Rogers, according to a new report from Tutela Technologies, a Canadian crowdsourced mobile network data company.
According to Tutela’s 2021 State of Mobile Experience report for Canada, Telus took the top spot for both excellent consistent quality (achieving a score of 88.4%) and core consistent quality (95.2%). For excellent consistent quality, Rogers and Bell achieved scores of 82.7% and 82%, respectively. For core consistent quality, Bell scored 92.9%, while…
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OTTAWA — Innovation, Science and Economic Development Canada today announced more than $5.4 million in federal funding through the Universal Broadband Fund, along with an additional investment of approximately $3.7 million from Telus, will bring high-speed Internet to rural residents of Alberta.
These projects are being funded through the $1.75 billion UBF rapid response stream, says ISED’s press release.
The rural broadband projects being announced today will provide high-speed Internet access to 5,080 underserved households in northern, central and southern Alberta, says the release.
“Bridging digital divides is central to everything we do, so we are proud to be connecting 47…
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VANCOUVER and PLANO, Texas — Mobile transport and broadband access solutions provider DZS, based in Plano, Texas, announced Tuesday morning Telus has selected DZS Cloud for network service orchestration, slice management and software automation to accelerate Telus’ 5G and digital transformation.
DZS Cloud end-to-end orchestration and automation (E2EO), which is based on the RIFT.ware solution recently acquired by DZS, is a carrier-grade, cloud-native software platform that simplifies and automates the deployment of any slice or service on any cloud (public, private, hybrid or edge), including brownfield discovery of existing virtual applications, says the company’s press release.
The DZS Cloud platform…
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VANCOUVER — Telus International announced Tuesday it has completed its acquisition of Lionbridge AI, a global provider of managed training data and data annotation services and platform solutions.
When the acquisition was first announced in November, the purchase price was estimated to be approximately $1.2 billion (or US$935 million), an amount confirmed yesterday in a separate announcement by Lionbridge Technologies. Telus International’s purchase of Lionbridge AI closed on December 31, 2020, and received clearance by the Committee on Foreign Investment in the United States (CFIUS).
“The integration of digital CX (customer experience) services and solutions, powered by artificial…
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VANCOUVER — Telus Ventures announced today it has invested in PocketPills, a Canadian online pharmacy with warehouses in British Columbia, Manitoba, Ontario and Nova Scotia which is looking to expand further.
In a press release, PocketPills says it has raised $30 million in Series B funding, led by Telus Ventures, with follow-on participation from WaterBridge Ventures. The online pharmacy says it will use the funding to invest further in technology and pharmacy automation and to open facilities in Alberta and Quebec, which will help achieve its goal of nationwide same-day delivery, the company says.
“Telus Ventures is committed to making…
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Also makes investment in Indigenous impact fund
VANCOUVER — In celebration of International Women’s Day (March 8), Telus announced today it will donate the cost of movie rentals (up to $10,000) of 73 curated films in its Breaking the Glass Ceiling collection in the Telus Video on Demand library to the Dress for Success Canada Foundation, a not-for-profit organization offering career development tools for at-risk and underemployed women.
Available now until March 14 to all Optik and Pik TV customers, this curated collection includes biographical and landmark films featuring iconic female figures, such as Harriet, Little Women and RBG. Rentals…
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VANCOUVER — Telus announced today it is refreshing its brand promise, building on “the future is friendly” brand it has used for the last two decades.
The company’s new branding — “Let’s make the future friendly” — is an invitation (still using its well-known critters) to all Canadians to help create a friendlier future with Telus, the company says in its press release.
“For 20 years, we have been guided by our brand promise, the future is friendly, as we leverage the power of technology to create positive experiences and meaningful social outcomes for our customers, team members and communities around…
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VANCOUVER and MELBOURNE — Earlier this week, Telstra Health, Australia’s largest ehealth company, announced it has entered into a working agreement with Telus Health to enable collaboration and development of digital healthcare solutions.
This partnership will see the rollout of the Telus Health Exchange International (THX-i) platform in the Australian market as part of Telstra Health’s solution offering. The open standards-based THX-i platform is designed to support collaboration and facilitate better communication within the healthcare developer ecosystem, says Telstra Health’s press release.
The THX-i platform will provide software developers from Telstra Health and third-party organizations a gateway to integrate into Telstra…
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