 Logo used since 1996 | |
.jpg) Telus Garden, headquarters inVancouver | |
| Company type | Public |
|---|---|
| ISIN | CA87971M1032 |
| Industry | TelecommunicationsInformation TechnologyConsultingHealthSafetySecurityAgriculture |
| Predecessor | Alberta Government Telephones (AGT) andBritish Columbia Telephone Company (BC Tel) |
| Founded | 1990; 36 years ago (1990) inEdmonton,Alberta,Canada |
| Headquarters | 510 West Georgia Street,Vancouver,British Columbia,Canada |
Area served | Worldwide |
Key people | Darren Entwistle (president andCEO) Doug French (CFO) |
| Products | HSPA+,LTE,5G |
| Revenue |  CA$20.116 billion (2023)[1] |
 CA$2.362 billion (2023)[1] | |
| CA$867 millions (2023)[1] | |
| Total assets | CA$56.136 billions (2023)[1] |
Number of employees | 106,400 (2023)[1] |
| Subsidiaries | |
| Website | www |
Telus Corporation (also shortened and referred to asTelus Corp, and stylized asTELUS) is a Canadianpublicly tradedholding company andconglomerate, headquartered inVancouver,British Columbia, which is the parent company of several subsidiaries:Telus Communications offers telephony, television, data andInternet services;Telus Mobility offers wireless services;Telus Health operates companies that provide health products and services; andTelus Digital operates worldwide, providing multilingual customer service outsourcing and digital IT services.Telus has a long history and is listed with theToronto Stock Exchange (TSX:T).
Telus Corporation is the parent company ofTelus Communications,Telus Mobility,Telus Health, andTelus Digital. Telus Health, formerly known as Emergis, was ane-business was acquired by Telus Corporation in 2007 for $763 million.[2] Telus Health was[when?] divided into three segments: Telus Health Solutions, Telus Assyst Real Estate, and Telus Financial Solutions.[citation needed]
TheAlberta Government Telephones (AGT), had served as the major telephone provider for the province ofAlberta from 1906—when it was first established by theLiberal Party of Alberta under the tenure of then Premier of Alberta,Alexander Cameron Rutherford, until the 1990s—when then PremierDon Getty began the privatization process.[3]: 250 NovaTel's liabilities eventually cost the government more than $600 million.[3]: 250 [4]: 35 Theinitial public offering of the newly established Telus' shares, launched on August 9, 1990,[5] represented the largest in Canadian history up to this time. The following year, the provincial government divested its remaining ownership interest in Telus for $870 million.[6] By 1996, the former brand names, ED TEL and AGT had been retired. All Telus products and companies adopted the Telus brand name.[6]
Telus merged withBritish Columbia Telephone Company (BC Tel) in 1999, with the merged company keeping the Telus brand name. The headquarters of BC Tel inBurnaby, British Columbia, became the headquarters of the merged Telus Corporation, and the company moved its corporate headquarters toVancouver after completion of theTelus Garden complex.
Telus Corporation's principal subsidiary is the wholly ownedTelus Communications.[7]: 47 Only serving customers in Canada, services include data, internet, voice, TV subscriptions, alarm monitoring, and wireless services. It also has mobile phones, tablets, and smart watches.[8] Telus Communications merged its mobility and home service divisions in 2023, creating Telus Consumer Solutions.[9]
Telus Mobility (normally typeset as TELUS Mobility) is a Canadianwireless network operator and a division ofTelus Communications which sellswireless services in Canada on its network. It operates 5G+,5G,LTE,HSPA+, andLPWA on its network.[10] Telus Mobility is thesecond-largest wireless carrier in Canada, with 10.6 million subscribers as of Q3 2020.[11]
Since 2008, Telus has operated a flanker brand namedKoodo Mobile, which is targeted at high school, college and university students.
In the summer of 2018, Telus acquired a "chain of medical clinics" for over $100 million.[12][13] Telus also spent more than "$2 billion on digital health ventures."[14] This included purchasing the "electronic medical record software" used by half of Canada's doctors.[14] By March 2019, Telus had "become the biggest health-care information technology company in Canada".[14] Telus has also partnered with theUK-based software developer and operator,Babylon, to launch a Telus Health app in Canada—digital chatbot capable of checking symptoms— in a cost and revenue sharing initiative.[14]
Telus Digital is the global arm of Telus Corporation, providing global contact center and business process outsourcing services to corporations in the financial services, consumer electronics and gaming, telecommunications, energy and utilities industries.[citation needed]
Telus Digital has contact centers in thePhilippines, theUnited Kingdom,Central America (Guatemala andEl Salvador), and Eastern Europe (Bulgaria andRomania), where it is known as Telus Digital Europe.[citation needed]
For the fiscal year 2019, Telus Corporation reported earnings of CA$5.554 billion, with an annual revenue of CA$14.658 billion, an increase of 8.8% over the previous fiscal year. Telus Corp operates the largest telecommunications company (Telus Communications Inc.) in Western Canada and the second largest in Canada.[15]
| Year | Revenue in mil. CA$ | Net income in mil. CA$ | Total Assets in mil. CA$ | Price per share in US$ | Employees |
|---|---|---|---|---|---|
| 2010[7] | 9,792 | 3,568 | 19,624 | 10.8900[15] | 34,800[16] |
| 2011[17] | 10,397 | 3,665 | 19,931 | 13.3875[15] | 41,000[16] |
| 2012[18] | 10,921 | 3,859 | 20,445 | 16.2850[15] | 42,400[16] |
| 2013[19] | 11,404 | 4,018 | 21,566 | 17.2200[15] | 43,400[16] |
| 2014[20] | 12,002 | 4,216 | 23,217 | 18.0200[15] | 43,700[16] |
| 2015[21] | 12,502 | 4,262 | 26,406 | 13.8250[15] | 47,640[16] |
| 2016[22] | 12,799 | 4,229 | 27,729 | 18.9350[15] | 51,250[16] |
| 2017[23] | 13,408 | 1,578 | 31,053 | 16.5700[15] | 53,630[16] |
| 2018[24] | 14,368 | 1,620 | 33,057 | 19.3650[15] | 58,000[16] |
| 2019[25] | 14,658 | 1,776 | 37,975 | 14.7800[15] | 65,600[25] |
According toYahoo Finance, Telus Corporation received anInstitutional Shareholder Services (ISS) governance risk score of 5 out of 10, as of 3 December 2019.[26]
The current board of directors as of September 2022[27]
R.H. (Dick) Auchinleck, the chairman of Telus Corporation's board of directors, has been lead director since 2014, when Brian Canfield stepped down. Auchinleck, who has served on the Telus board since c. 2004, had previously been CEO at Gulf Canada Resources.[28][29]
Telus executive teams as of September 2022:[30]
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