Cable / Telecom News

Telus International IPO values company at $8.5 billion

VANCOUVER – Telus Corporation said today Telus International closed the largest tech initial public offering in Toronto Stock Exchange history, with an initial market capitalization of $8.5 billion. TI’s IPO becomes the fifth largest IPO in TSX history by total proceeds raised and “marks a historic milestone for our team members around the world,” said Telus CEO Darren Entwistle, in a press release. Telus International designs, builds and delivers next-generation digital solutions to enhance the customer experience (CX) for global brands. The company’s services support the full lifecycle of its clients’ digital transformation journeys and enable them to more quickly...