VANCOUVER — As Telus prepares to take its Telus International subsidiary public, the company announced today the expected share price for the initial public offering (IPO) as well as the subsidiary’s preliminary fourth-quarter and full-year 2020 financial results.
Telus International is offering 33.33 million of its subordinate voting shares in the IPO, including 21.93 million from treasury and 11.4 million from Telus Corporation and Baring Private Equity Asia (its selling shareholders). Telus says the IPO price is currently expected to be between US$23 and US$25 per share.
Following the IPO, Telus is expected to hold approximately 66.6% of the combined voting…
Continue Reading
VANCOUVER and TORONTO – This week, Telus announced the expansion of its innovative mobile Health for Good clinic program with its community health partner, Kílala Lelum Health Centre in Vancouver, and the Parkdale Queen West Community Health Centre (CHC) and University Health Network’s (UHN) Social Medicine Program in Toronto.
The mobile clinics are specially-equipped vans whose staffers in Vancouver will provide trauma-informed, culturally-sensitive primary medical treatments, Indigenous Elder-led cultural care, mental health services, and addiction support directly to the underserved citizens of Vancouver.
In Toronto, the clinics “provide essential primary health and harm reduction services directly to underserved persons in neighbourhoods…
Continue Reading
But really, everyone is pretty good, winning in one metric or another…
SEATTLE — According to Seattle-based Ookla’s latest Speedtest Global Index, Telus was the fastest mobile operator among the top Canadian providers in the fourth quarter of 2020.
Using Speedtest Intelligence data from October to December 2020, Ookla gave Telus a speed score of 87.88 (calculated using results from devices built on modern chipsets). The next-highest speed score in Q4 2020 was awarded to Bell (84.51), followed by Rogers (73.05), Rogers’s flanker brand Fido (71.64) and Shaw’s Freedom Mobile (35.62).
In terms of latency, Freedom Mobile had the lowest…
Continue Reading
OTTAWA and BELMONT, Calif. — Telus and RingCentral, a provider of global enterprise cloud communications and contact centre solutions, today announced they are expanding their partnership to enable Canadian small businesses to transition their legacy phone systems to the cloud using Telus Business Connect.
An all-in-one communications solution for message, video and phone, Telus Business Connect is now available in two new plans — Business Connect Voice and Business Connect Voice Plus — specifically built for small businesses who want to replace their basic legacy services with “a cost-effective, trusted business solution and richer functionality that enables remote work and…
Continue Reading
By Denis Carmel
GATINEAU – Back in August 2020, the CRTC found both Telus and Iristel in violation of the Telecom Act and after Iristel issued a Review and Vary (R&V) application, Telus filed one of its own, in November.
While Iristel had been determined guilty of traffic stimulation with area code 867 calls, Telus was accused of taking matters in its own hands and ending the practice by not connecting what it identified as dubious calls.
Iristel retorted on December 14, arguing that Telus was, in fact, violating the Telecommunications Act and restated the case of a lady, living…
Continue Reading
VANCOUVER — Telus today launched its Mobility for Good for Seniors program which provides Canadian seniors on the Guaranteed Income Supplement (GIS) a free smartphone and subsidized mobility rate plan.
Available now, the program includes a free refurbished smartphone, unlimited nationwide talk and text, and 3GB of data for $25 per month. Mobility for Good for Seniors is entirely subsidized by Telus, with no cost to the government or taxpayers, the company says in its press release.
Across Canada, 2.2 million seniors receive the GIS from the federal government, and are eligible for Telus Mobility for Good for Seniors. To get…
Continue Reading
VANCOUVER — Telus issued a press release today, known by many as Giving Tuesday, to its team members worldwide for their dedication to helping push the company’s global leadership in social capitalism during a year of uncertainty and unique challenges.
In addition, Telus announced it has recently been recognized by the Wall Street Journal as the only telecommunications company named to its The 100 Most Sustainably Managed Companies in the World list, with Telus ranking 29th overall and 15th in social capital. Telus attributed its achievement to the Telus team’s “unwavering resilience and commitment to making a meaningful impact…
Continue Reading
VANCOUVER — With a commitment to invest up to $100 million, Telus today announced the launch of its new Telus Pollinator Fund for Good, what it calls a “social impact fund” which will invest in new sustainable businesses that drive enhanced societal outcomes in healthcare, agriculture, environment, and social and economic inclusion.
“The Pollinator Fund for Good represents the progression of Telus’ social capitalism thesis, as we invest in entrepreneurs and responsible businesses that share our belief that to do well as a company, we must do ‘good’ in the communities where we live, work and serve,” said Darren Entwistle,…
Continue Reading
GATINEAU — Telus has applied to the CRTC to have its broadcasting distribution undertaking in Rimouski, Que., currently operating under exemption, to be added to its regional licence for operating terrestrial BDU services in Quebec.
Telus’s Rimouski undertaking has completed two consecutive years of serving more than 21,000 subscribers and is therefore required to be re-licensed, says the company’s Part 1 application dated November 11 and posted to the Commission’s website today.
“Telus wishes to amend the current licence for its Regional Licence for various locations in Quebec to once again include the serving area of Rimouski, Quebec. Telus requests…
Continue Reading
TORONTO — Telus today announced it has been awarded the HPE-IAPP Privacy Innovation Award by the International Association of Privacy Professionals (IAPP) in recognition of its Data for Good program.
Launched in April 2020 in response to the Covid-19 pandemic, Data for Good leverages an advanced approach to de-identified data analytics which allows public health authorities and qualified academic researchers to use data from Telus Insights to measure progress and assess additional opportunities to help stop the spread of the coronavirus and “flatten the curve” without compromising the personal privacy of Canadians, explains a Telus press release.
“The fact that…
Continue Reading
