Cable / Telecom News

Telus closes deal to buy ADT Canada

VANCOUVER – Telus announced today it has completed the previously announced $700 million acquisition of ADT Security Services Canada.The company is one of Canada’s leading providers of security and automation solutions with more than 500,000 customers and over 1,000 employees in the country, all of whom Telus is bringing on board.While the acquisition instantly makes Telus’ in home and business suite of security and automation products and services much more robust, “perhaps most critically, this acquisition supports the continued advancement of our consumer health strategy which includes helping Canadians, notably elderly citizens, enjoy their independence for longer,” said Telus CEO...