VANCOUVER – Telus is asking its shareholders to turn down an unsolicited mini-tender offer made by TRC Capital Corporation.
The company said that TRC Capital is seeking to purchase up to 3 million Telus common shares, or approximately 0.51% of the company's outstanding common shares, at a price below market price for Telus shares.
“The offer represents a discount of 4.52% on the TSX closing price and 4.58% on the NYSE closing price for Telus common shares on May 2, 2017, the last trading day before the mini-tender offer was commenced”, reads the statement by Telus.
The statement added that TRC Capital…
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REGINA – Bell, Rogers and Telus have reportedly registered to lobby SaskTel, something which came to light just days after a privatization bill was passed that allows the provincial government to sell up to 49% of the Crown corporation.
That law, known as Bill 40, received Royal Assent late last week. According to a Regina Leader-Post report, representatives of the Big Three are listed on Saskatchewan’s lobbyist registry.
The report quotes SaskTel as saying that the activity regarding the company is “in reference to day to day wholesale negotiations for each other’s services and this relationship has been occurring for…
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MONTREAL – The Jewish General Hospital (JGH) and Telus today announced the successful implementation of a new telecommunications network to improve wireless reception in the hospital.
Thanks to a $1 million investment by Telus, healthcare professionals, patients and visitors now have access to free Wi-Fi service in several key locations, such as major entrances, waiting rooms and food-service areas, reads the press release.
"We are delighted to provide this new service to patients, visitors and the entire staff, thanks to fast, reliable and free access to Wi-Fi in clearly identified areas," says Bob Lapointe, director of information resources for the…
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$20/month Pik TV aimed at cord-nevers
VANCOUVER – Telus has soft-launched a new, live, subscription television service to seven communities in British Columbia and Alberta.
Called Pik TV, it provides live TV and on demand content, as well an interface to popular streaming services like Netflix and YouTube, without a contract, starting at $20/month. The new service offers a slimmed-down feature set from Optik TV, giving customers more choice to design an entertainment experience around how they want to watch. It runs on smartphones, tablets and an Android TV powered box the company is distributing.
The news was…
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MONTREAL – Telus has signed a 20-year partnership with the Old Port of Montréal Corporation (OPMC) to equip the historic site with the latest next-generation wireless technology, including a new free WiFi zone.
Telus will also deploy a C-RAN (Centralized Radio Access Network) technology that will maximize the performance of its LTE-A (Long Term Evolution-Advanced) wireless network throughout the Old Port site. This new technology will enable the company to intelligently allocate radio capacity where it is most needed in the network, providing increased coverage even in crowded urban areas and during special events, reads the news release.
As a…
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TORONTO – Beanfield Metroconnect has moved in to the Concord CityPlace condominiums in downtown Toronto, taking over residents’ Internet and home phone services from Telus.
CityPlace is a 44-acre site consisting of 24 condo buildings with approximately 9,200 units. The Toronto-based independent telco said Wednesday that the process of replacing the existing infrastructure with its new fibre is underway, with full roll-out to all condo buildings scheduled to be completed by the end of the summer. The Beanfield fibre-optic network will be delivered to each individual suite.
“We are thrilled to be able to offer our services to the residents of…
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QUEBEC CITY – Telus Health and Université Laval are joining forces to provide comprehensive simulation teaching facilities to the university's pharmacy faculty.
Through an investment of more than $300,000 from Telus Health, Laval pharmacy students will gain hands-on experience throughout their academic program, as well as an opportunity to operate Ubik, Telus Health's next-generation pharmacy management platform.
The Ubik platform is a patient-centric, cloud-based, and adaptable pharmacy management solution that enables physicians and pharmacists to communicate electronically for things like electronic renewals of their patients' prescriptions. The technology is currently being deployed across pharmacies in Quebec and will be customized for…
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TORONTO – The first ever Telus Ventures Summit kicked off Thursday at Toronto’s MaRS discovery district. The one-day event was an opportunity for entrepreneurs to discuss and share their vision of market opportunities and identify areas of potential collaboration with Telus and other participant venture funds.
Telus Ventures finds, funds, and scales investments in high potential growth markets including healthcare IT, internet of things, big data, financial technology and digital security. With offices in Vancouver, Toronto, and Montreal the fund currently partners with 55 companies in Canada and the United States.
The fund partners with companies at various stages of development…
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VANCOUVER – Tuesday at the Healthy Minds Health Campuses Summit in Vancouver, Telus announced the donation of its new iOS mindfulness app, thinkFull, to the Canadian Mental Health Association BC Division.
ThinkFull is a stress management app aimed at improving the mental health of young adults by helping them monitor and develop coping strategies to manage stress levels, according to the press release.
The app provides personalized mental wellness coaching, allowing people to track their stress levels over time and tap into a library of tips for relieving stress, solving problems and living…
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VANCOUVER – Telus now has over 100,000 new wireless customers after formally closing a deal with Bell that saw it pick up approximately one-quarter of the newly merged Bell MTS' postpaid wireless customers.
The deal, which closed April 1 and is valued at approximated $300 million, also includes 15 dealer locations in Manitoba.
Telus said Monday that select Bell MTS customers will be notified by mail in the coming months that they are transitioning to Telus, and pledged that the customers will keep their same phone number and receive plans, rates and features that match or improve upon their existing MTS plan. Until…
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