Cable / Telecom News

Telus share conversion-exchange plan goes forward

VANCOUVER - Following court approval and months of delay, the exchange of Telus' non-voting shares for common shares on a one-for-one basis became effective at 12:01 a.m. PT today. Telus’ non-voting shares were delisted from the New York Stock Exchange (NYSE) before the market opened and its common shares commenced trading under the symbol "TU" at the start of trading today. The carrier currently anticipates its non-voting shares will be delisted from the Toronto Stock Exchange (TSX) at the close of business on or about February 8, 2013 and the common shares issued today in exchange for the non-voting shares...