Cable & Telecom

Telus acquires more shares of Telus International

VANCOUVER — Telus Corporation announced today it has acquired 3 million multiple voting shares in the capital of Telus International Inc. from Baring Private Equity Asia (BPEA). The share acquisition in Telus International, which is a publicly traded company, was made in a private agreement with an entity affiliated with BPEA, according to a press release. The purchased shares are being acquired for a price of US$22 per share, representing an aggregate consideration of US$66 million. They represent approximately 1.5% of the outstanding multiple voting shares of Telus International and approximately 1.1% of all outstanding shares, the release says. Upon...

Our industry and COVID-19

We've gathered a number of links where Canadian cable, radio, television, telecom and wireless companies have posted their responses to the Covid-19 pandemic.