VANCOUVER – Telus has invested $1.3 million to bring its 4G LTE network to Comox, Courtenay and Campbell River.
With this expansion, Telus now offers 4G LTE on Vancouver Island from Victoria through to Campbell River. Additional B.C. communities will be getting access to 4G in the coming months, as the carrier brings the technology to nearly 90% of the province’s population by the end of 2012.
“We are committed to offering you the best customer experience. A key part of that promise is bringing our 4G LTE service to Comox, Courtenay, Campbell River…
Continue Reading
MONTREAL- Telus and the Association of Fundraising Professionals-Quebec Chapter (AFP) are honouring three outstanding and committed community leaders in the greater Montreal region, the top three winners of the Telus Community Excellence Awards. They are: Manon Barbeau, Co-founder, Executive Director and Artistic Director, Wapikoni mobile; Ugo Dionne, Co-Founder, Bénévoles d'affaires; and Bernard Lamarre, Chairman of the board, École Polytechnique.
The honour was part of the Telus Celebration of Giving in Montreal, an annual event that brings together 150 professionals and volunteers from the community sector. Through the event Telus recognizes the generosity and dedicated work of…
Continue Reading
VANCOUVER – Telus shareholders have voted strongly in favour of a proposal to exchange the company's non-voting shares for common shares on a one-for-one basis says the telecom. But Mason Capital responded that it participated in the meeting under protest and would be appealing an earlier court decision which allowed the vote to take place.
Of the total shares voted, 81.1% were in favour of Telus' share exchange proposal, with 62.9% of the 128.8 million common shares voting in favour, and 99.5% of the 127.7 million non-voting shares voting in favour. Excluding Mason's most recently reported…
Continue Reading
VANCOUVER – At Telus' suggestion, the B.C. Supreme Court has ordered a joint shareholder meeting on October 17 to consider both its share exchange proposal and New York hedge fund Mason Capital's related resolutions, providing shareholders with the opportunity to compare and vote on the rival proposals. The order follows a B.C. Supreme Court decision provided orally by Master Muir with written reasons to follow.
The court found it appropriate to have Telus and Mason Capital's resolutions voted on at the October 17 meeting and to allow proxies received by Telus from common shareholders voting in favour…
Continue Reading
VANCOUVER – Telus has announced that the Supreme Court of B.C. has given approval for it to proceed with a vote on its share exchange proposal despite an appeals court ruling that sided with U.S. hedge fund investor Mason Capital.
The Supreme Court of B.C. rejected Mason Capital’s attempt to challenge Telus’ share exchange proposal says Telus. The Court confirmed the validity of the order it had initially granted to Telus enabling the company’s shareholders to vote on its proposal to exchange non-voting shares for common shares on a one-for-one basis. The proposal requires approval…
Continue Reading
TORONTO – Telus says it’s the first “premium” Canadian carrier to scrap its $35 activation fee, it will also eliminate the $25 equipment exchange for renewing customers.
In a bid to differentiate itself from Rogers and Bell, the telecom says the move reflects its focus of placing “customers first and being fair and transparent,” by becoming the first “established brand” to eliminate activation fees.
The move is part of Telus’ “clear and simple pricing initiatives,” to help customers understand when they are paying for “tangible products or value-added services,” it stated in a news…
Continue Reading
VANCOUVER – Mason Capital Management, the largest Telus shareholder, said it will go ahead with plans to hold a rival meeting of Telus shareholders after the British Columbia Court of Appeal today overturned an earlier court ruling.
“We are pleased by the Court’s ruling, which fully vindicates our position that the voting shareholders of Telus should have the opportunity to vote on a fair exchange ratio share in a share collapse transaction," Mason said in a statement.
It added that voting shareholders will now have the opportunity to have a “say on the critical issue…
Continue Reading
QUEBEC – Telus has purchased Quebec’s KinLogix, a cloud-based electronic medical record (EMR) provider used by some 200 medical clinics in the province. Financial terms of the agreement were not disclosed. It’s the second EMR provider Telus has added following the February 2012 acquisition of Western Canada's Wolf Medical Systems.
The KinLogix EMR is a cloud-based solution used in medical clinics that captures, organizes, and displays critical patient data in one integrated patient record, while streamlining administrative tasks, improving care delivery and patient-physician relations.
Telus says the acquisition furthers its efforts to accelerate the adoption of EMR solutions to “continue to…
Continue Reading
VANCOUVER – Why channel surf, when you can channel swipe or tap? Telus has launched its Optik Smart Remote app that turns your iPhone or iPad into the “ultimate” TV control.
Optik Smart Remote enables customers to surf through all their content choices on their iPhone, iPad or iPod instead of the onscreen TV guide. The guide utilizes filters to display only what you’re looking to find and by linking your mobile device with your digital set top box, you can use swipes on your iPhone, iPad or iPod Touch to change the channel.
Continue Reading
VANCOUVER – Proxy advisory firm Glass Lewis & Co is backing Telus’ shareholder consolidation plan as its ongoing dispute with U.S. hedge fund Mason Capital Management drags on ahead of an October 17th meeting where investors will vote on the proposal.
In Telus’ most recent news release, it says Glass Lewis & Co is recommending that its institutional investor clients vote in favour of the telecom’s proposal to exchange its non-voting shares into common shares on a one-for-one basis. This follows a similar recommendation made last week from Institutional Shareholder Services (ISS), another proxy advisory firm.
Continue Reading
