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VANCOUVER, British Columbia and SUNNYVALE, Calif., Feb. 09, 2021 (GLOBE NEWSWIRE) Google Cloud and TELUS today announced a strategic alliance to co-innovate on new services and solutions that support digital transformation within key industries, including communications technology, healthcare, agriculture, security, and connected home. The 10-year collaboration will also accelerate TELUS’ IT and network modernization initiatives, enabling further operational agility and supporting improved customer experiences.
“This announcement represents an important milestone in our longstanding growth strategy, reflecting our team’s unwavering commitment to innovation as we accelerate our digital transformation journey,” said Darren Entwistle, President and CEO of TELUS. “Our strategic partnership with Google will propel our digital leadership across the communications technology, healthcare and agriculture sectors, whilst amplifying our Customers First priority, redefinin
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VANCOUVER, British Columbia, Feb. 05, 2021 (GLOBE NEWSWIRE) TELUS Corporation (TSX: T; NYSE: TU) is congratulating TELUS International (TSX and NYSE: TIXT) after closing the largest tech IPO (initial public offering) in TSX (Toronto Stock Exchange) history. With an initial market capitalization of $8.5 billion, TELUS International’s IPO surpasses TELUS’ valuation from 2000, and becomes the fifth largest IPO in TSX history by total proceeds raised.
“TELUS International’s IPO marks an historic milestone for our team members around the world. Over the past decade-and-a-half, thanks to the passion, talent and innovation of our global team, TELUS International has evolved as an organization, demonstrating world leadership in customer service excellence, digital transformation, and heartfelt caring in the communities where our team members live, work and serve. Our global team has played a pivotal role in achieving and maintaining world-leading customer service excelle
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
TELUS International announces pricing of upsized initial public offering
TELUS Communications IncFebruary 3, 2021 GMT
VANCOUVER, British Columbia., Feb. 03, 2021 (GLOBE NEWSWIRE) TELUS Corporation (TSX: T; NYSE: TU) and its subsidiary, TELUS International (Cda) Inc. (TELUS International), today announced the pricing of the upsized TELUS International initial public offering (IPO) of 37.0 million subordinate voting shares at a price of US$25.00 per share.
The offering is expected to generate aggregate gross proceeds to TELUS International, TELUS Corporation (TELUS) and Baring Private Equity Asia (Baring) of U.S. $925 million (CAD$1.18 billion) (or U.S. $1.06 billion (CAD$1.36 billion), if the underwriters exercise their over-allotment option in full), with expected net proceeds to TELUS International of approximately US$490 million (CAD$627 million), which are expected to be used to r
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
TELUS announces preliminary fourth quarter and full year 2020 results of TELUS International
TELUS Communications IncJanuary 25, 2021 GMT
VANCOUVER, British Columbia, Jan. 25, 2021 (GLOBE NEWSWIRE) TELUS Corporation (TSX: T; NYSE: TU) announced today that its subsidiary, TELUS International (Cda) Inc. (TELUS International), has disclosed its preliminary and unaudited estimates of selected results for the three months and full year ended December 31, 2020. TELUS International has disclosed these preliminary results in connection with its previously announced initial public offering. The preliminary results are presented below.
The following information reflects preliminary estimates with respect to such results based on currently available information, is not a comprehensive statement of TELUS International’s financial results and is subject to completion of its financial closing pr