VANCOUVER – TELUS confirmed Thursday it has entered into a mutual non-disclosure and standstill agreement and non-exclusive discussions with BCE about merging. “TELUS believes the combination of the two businesses would represent a compelling strategic and financial opportunity for all BCE and TELUS stakeholders. It would be an all Canadian solution for both immediate and long-term value creation, whilst ensuring a vibrant player continues in this increasingly competitive industry,” said TELUS President and CEO Darren Entwistle. “TELUS has a unique opportunity to create a truly national Canadian enterprise with the requisite balance sheet strength as well as scale and scope...
