TELUS congratulates TELUS International for the largest tech IPO in TSX history
February 05 2021 - 12:21PM
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 excellence, evidenced by a decade of continued top rankings
by our independent regulator as consistently having the fewest
customer complaints amongst national carriers,” said Darren
Entwistle, President and CEO of TELUS. “TELUS International has
been a pillar within TELUS’ dynamic growth strategy, and as TELUS
International begins this next chapter in its journey, the entire
TELUS team is thrilled to see our colleagues positioned to realize
their goals for future growth, including driving positive outcomes
for our customers, shareholders and our communities. We are so
proud to support and help drive the continued exciting evolution of
TELUS International.”
TELUS International designs, builds and delivers next-generation
digital solutions to enhance the customer experience (CX) for
global and disruptive brands. The company’s services support the
full lifecycle of its clients’ digital transformation journeys and
enable them to more quickly embrace next-generation digital
technologies to deliver better business outcomes.
About TELUS
CorporationTELUS (TSX: T, NYSE: TU) is a dynamic,
world-leading communications technology company spanning wireless,
data, IP, voice, television, entertainment, video, and security. We
leverage our global-leading technology and compassion to enable
remarkable human outcomes. Our longstanding commitment to putting
our customers first fuels every aspect of our business, making us a
distinct leader in customer service excellence and loyalty. In
2020, TELUS was recognized as having the fastest wireless network
in the world, reinforcing our commitment to provide Canadians with
access to superior technology that connects us to the people,
resources and information that make our lives better. TELUS Health
is Canada’s leader in digital health technology, improving access
to health and wellness services and revolutionizing the flow of
health information across the continuum of care. TELUS Agriculture
provides innovative digital solutions throughout the agriculture
value chain, supporting better food outcomes from improved
agri-business data insights and processes. TELUS International (TSX
and NYSE: TIXT) is a leading digital customer experience innovator
that delivers next-generation AI and content management solutions
for global brands across the technology and games, ecommerce and
FinTech, communications and media, healthcare, travel and
hospitality sectors. TELUS and TELUS International operate in
25+ countries around the world.
Driven by our passionate social purpose to connect all citizens
for good, our deeply meaningful and enduring philosophy to give
where we live has inspired TELUS, our team members and retirees to
contribute more than $820 million and 1.6 million days of service
since 2000. This unprecedented generosity and unparalleled
volunteerism have made TELUS the most giving company in the
world.
For more information about TELUS, please visit telus.com, follow
us @TELUSNews on Twitter and @Darren_Entwistle on Instagram.
TELUS Media RelationsSteve Beisswanger(514)
865-2787Steve.Beisswanger@telus.com
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