VANCOUVER – Telus has successfully closed its previously announced offering totaling $600 million in senior unsecured 2.80% 10-year notes.
The company said Monday that the proceeds will be used to repay approximately U.S.$453 million of outstanding commercial paper and for general corporate purposes.
"Through this successful U.S. debt offering, Telus further lowered its weighted average cost of long-term borrowing from 4.32 per cent to 4.23 per cent," said Telus EVP and CFO Doug French, in the news release. "Combined with our average long-term debt maturity of 10.7 years, Telus continues to maintain a strong, investment grade balance sheet to ensure it…
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TORONTO – Telus has joined forces with Toronto's Co-op Cabs to offer free Wi-Fi to passengers in the 6ix.
Wi-Fi-enabled Co-op Cabs will hit the streets starting this week, with all vehicles in the Greater Toronto Area offering free Wi-Fi by the end of the year. Passengers will be greeted by a splash page on their mobile Internet browser as soon as they enter the cab, and then must enter their email address to join the Telus Wi-Fi network.
The program follows Telus' 2015 partnership with Yellow Cab taxis in Vancouver, offering free Wi-Fi to passengers in that city and surrounding…
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TORONTO – Telus Health has wrapped up its acquisition of Nightingale Informatix Corp.'s Canadian business operations, including its proprietary Electronic Medical Record (EMR) software and nearly 5,000 physician customers across Ontario, Western Canada and Atlantic Canada.
First announced in July, the deal also includes the transition of 42 Nightingale employees to Telus Health.
The move broadens the company's electronic medical records customer base in Ontario and Atlantic Canada, further advancing Canada's connected healthcare ecosystem, reads the news release.
"Canada has made great strides in the last few years in transitioning from paper to digital in our primary healthcare clinics, which is where…
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VANCOUVER — Higher data revenue and overall net increases in both wireless and wireline subscribers helped Telus continue to grow its revenues in the second quarter of 2016, the company said Friday.
Announcing its Q2 2016 financial results in a news release, Telus said it added 92,000 net new postpaid wireless, Internet and Telus TV customers during the quarter, and grew its consolidated operating revenue for the quarter to $3.1 billion, which is a 1.5% increase over its Q2 2015 operating revenues.
The company’s adjusted EBITDA in Q2 2016 was up 4.3% to $1.2 billion, when compared to the second…
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EDMONTON — Business incubator TEC Edmonton is joining forces with Telus to launch the T-Squared Accelerator, a joint initiative to provide early-stage technology companies with seed funding and 12 months of free incubation space and support in Edmonton’s Enterprise Square tech hub. Telus will contribute $200,000 annually to fund the program, with $100,000 going directly to the selected tech startups to advance their businesses, the two companies announced Tuesday morning.
Specifically, the T-Squared Accelerator program is interested in startups focused on developing platform technologies in the areas of seamless customer experience, the Internet of Things (IoT), big data analytics, health…
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VANCOUVER – Canadian businesses can and should better support LGBTQ diversity and inclusiveness, according to a new study commissioned by Telus.
Conducted by MARU/VR&C (formerly the Research & Consulting Division of Vision Critical), the study surveyed 814 Canadians (half LGBTQ-identified) in July 2016. It found that one third of respondents do not agree that their workplace is safe and inclusive for LGBTQ employees, and that 45% do not agree their workplace is safe and inclusive for transgender employees. Additionally, 30% of LGBTQ respondents said that they have experienced or witnessed homophobic or transphobic discrimination or harassment at work, with nearly…
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VANCOUVER – Telus customers in British Columbia and Alberta may now watch ultra-high-definition television with the launch of 4K on Optik TV.
Customers will require a 4K TV, a 4K PVR, as well as a minimum of Internet 50 to support 4K streaming. Telus said that its new 4K PVRs will store up to 400 hours of HD content, or up to 100 hours of 4K content, double the capacity of its current HD PVR. The 4K PVRs are available at no additional cost with a two-year commitment.
At launch, the 4K lineup will include TSN 4K, "adrenaline sports" (e.g., snowboarding, surfing…
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TORONTO – Telus Health is buying the Canadian business of Nightingale Informatix Corp., including its proprietary Electronic Medical Record (EMR) software solutions and related assets.
Financial terms of the deal were not disclosed. Nightingale currently provides its EMR solution to 4,000 physicians in Canada, mainly in Ontario and the Atlantic provinces.
"At Telus Health, we are on a mission to leverage the power of technology and our world-class telecommunications infrastructure to improve health outcomes for Canadians," said Telus Health president Paul Lepage, in Thursday's news release. "We are working to realize our goal not only by continuing to invest in health…
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TORONTO – While Canadians can order a pizza, a movie or a taxi online or from an app on their smartphone, they are surprisingly unaware of technology solutions that will allow them to better manage their healthcare, according to a study commissioned by Telus Health.
The Telus Health Digital Life survey, conducted by Maru/VCR&C from May 30 to June 3, 2016, found that 89% of those surveyed believe digital health technology will lead to better care. Further, at least 85% report missing out on digital tools that would allow them to take control of their personal health just as effortlessly…
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MONTREAL – Telus will invest $111 million in its communications infrastructure across Greater Montreal this year on its advanced fibre optic network that will stretch more than 4,000 kilometres, the company said Monday.
The investment, part of Telus’ pledge to spend $2 billion in Quebec through 2020, will increase the network's transmission capacity and extend its reach into sectors including Old Montreal, Anjou, Boucherville, Dorval, Île-Bizard, Pierrefonds and Pointe-Claire.
Telus added that it will also build indoor distributed antenna systems (DAS) this year in several health and educational facilities, including the McGill University Health Centre, the Montreal Heart Institute, the Jewish…
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