VANCOUVER – Telus President and CEO Darren Entwistle has exercised 303,183 common share options, re-investing the after-tax proceeds to purchase 122,475 Telus common shares. Entwistle now holds 668,830 Telus common shares. Entwistle previously declared he is taking his 2013 cash salary compensation in Telus shares for the fourth straight year.
Earlier this month, when Telus released its fourth quarter financial results, Entwistle noted the company's strong free cash flow and 2013 targeted growth in EBITDA and EPS support Telus' shareholder dividend growth model. This is a three-year plan to increase share dividends by approximately 10% a…
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MONTRÉAL – Telus Health is buying electronic medical record (EMR) provider MD Practice Software, bringing the total number of physicians using EMR solutions to 9,000 across Canada. By adding the company’s PS Suite EMR, Telus says it’s positioned to “unleash the full potential of EMRs" as it becomes Canada's largest electronic medical record provider.
Financial terms of the agreement were not disclosed with the transaction expected to close on March 4, 2013. MD Practice Software is a member of the MD Physician…
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Squamish, B.C. – Telus announced today it has invested $4.5 million to bring Optik TV and high speed Internet to more Squamish residences.
Also, for the next six months the company will contribute $25 on behalf of every new Optik TV customer in Squamish (to a maximum of $30,000) to support the Squamish Trails Society in their improvements to the Golf Course and Spawning Channel trails. These improvements will encourage safer outdoor activities and travel to school and work for area residents.
“The re-surfacing of these frequently-used trails has been a priority for a number of years. We are grateful that,…
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TORONTO – Telus customers can now report network problems with a mobile app that allows them to provide real time, on-the-go feedback about wireless service on its network. Telus says customers can influence its future network build plans and when it makes enhancements by submitting feedback and reports through the Telus Network Experience (TNE) application. The app also provides users with updates on resolutions and network improvements through a news section.
The TNE app allows customers to easily report network issues such as: dropped calls, failed call attempts, no service, poor voice quality or slow…
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WHISTLER, BC – Telus is contributing $25 on behalf of every new Optik TV customer in Whistler to support Zero Ceiling over the next six months. The local adventure-based program empowers at-risk youth and young adults to develop life skills and achieve personal growth.
“Working with our local youth every day, I see first-hand the very real, positive impact our organization has on youth-in-need,” said Kasi Lubin, Executive Director, Zero Ceiling Society of Canada. “Without funding from companies like Telus, the future of our youth may look very different. We could not be more grateful to…
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VANCOUVER – Growth in its wireless and surprisingly, wireline businesses, drove fourth quarter revenue up by 6% at Telus to $2.85 billion from a year earlier, while EBITDA increased by more than 8% to $947 million. Net profit was $291 million, up 23% compared to earnings of $237 million in the same period last year. Earnings per share (EPS) rose 17% to $0.89.
Consolidated revenue growth was generated by an 8% increase in wireless revenue, due to continued subscriber and data average revenue per unit (ARPU) growth, and a 13% increase in wireline data revenue. Telus…
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SALMON ARM, B.C. – Telus has invested $600,000 to bring its 4G LTE network to customers in Salmon Arm, B.C. The carrier has rolled out its 4G LTE to more than 80% of British Columbians in 2012 and plans to connect even more by the end of 2013.
“Telus is committed to providing the best service to our customers, and that includes offering people in Salmon Arm the fastest wireless technology available in the world today,” said Bert Braybrook, Telus director, Customer Solutions Delivery, Kamloops/Cariboo region.
“With a 4G LTE device like the Samsung Galaxy…
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VANCOUVER – Following court approval and months of delay, the exchange of Telus' non-voting shares for common shares on a one-for-one basis became effective at 12:01 a.m. PT today.
Telus’ non-voting shares were delisted from the New York Stock Exchange (NYSE) before the market opened and its common shares commenced trading under the symbol "TU" at the start of trading today. The carrier currently anticipates its non-voting shares will be delisted from the Toronto Stock Exchange (TSX) at the close of business on or about February 8, 2013 and the common shares issued today in exchange…
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TORONTO – Telus has added digital forensics capabilities to its security solutions with the acquisition of Digital Wyzdom Inc. The carrier says the acquisition complements its existing security solutions portfolio and will allow it to better serve customers with their forensics and security needs. Financial terms of the agreement were not disclosed.
Telus Security Solutions says it selected Digital Wyzdom based on its people, technology, and a shared vision of putting customers first for their security and forensic needs. Digital Wyzdom provides digital forensics, network security, E-discovery, intellectual property, and fraud advisory services to organizations…
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OTTAWA – Telelatino Network (TLN) has lodged a complaint with the CRTC regarding Telus’ Optik TV service urging it to force Telus to add at least one Canadian Italian third-language service.
It contends that since Optik TV now carries Italian foreign service Rai Italia, to comply with section 27(4) of the Broadcasting Distribution Regulations it needs to add at least one Canadian third-language service offering at least 90% Italian language programming. In its complaint TLN notes that Telus does not distribute either Mediaset Canada or Sky Tg24 (Canada) which are the only two…
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