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Telus Corporation| TELUS | |
| Type | Public |
|---|---|
| TSX: T (voting) S&P/TSX 60 component | |
| ISIN | CA87971M1032 |
| Industry | |
| Predecessor | Alberta Government Telephones (AGT) |
| Founded | 1990 |
| Headquarters | 510 West Georgia Street, Vancouver, British Columbia, Canada |
Area served | Worldwide |
| Darren Entwistle, President and CEO Doug French, CFO | |
| Products | HSPA+, LTE |
| Revenue | CA$14.66 billion (FY19) CA$14.37 billion (FY18) |
| CA$2.98 billion (FY19) CA$2.84 billion (FY18) | |
| CA$1.78 billion (FY19) CA$1.62 billion (FY18) | |
| Total assets | CA$7.98 billion (FY19) CA$3.06 billion (FY18) |
Number of employees | 65,600 (2020)[1] |
| Subsidiaries | |
| Website | www.telus.com |
Telus Corporation (also shortened and referred to as Telus Corp.) is a Canadian multinational publicly tradedholding company and conglomerate, which is the parent company of subsidiaries—Telus Communications, Telus Mobility, Telus Health, and Telus International. Telus offers a range of telecommunications, health, safety, and security products and services. It is listed with the Toronto Stock Exchange (TSX: T). Telus Communications Inc. offers telephony, television, data and Internet services; Telus Mobility, offers wireless services; Telus Health operates companies that provide health products and services; and Telus International operates worldwide, providing multilingual customer service outsourcing and digital IT services.
Overview[edit]
Telus Corporation is the parent company of Telus Communications, Telus Mobility, Telus Health, and Telus International. Telus Health, which was formerly known as Emergis, an e-Business was acquired by Telus Corporation in 2007 for $763 million.[2] Telus Health was divided into three segments—'Telus Health Solutions, Telus Assyst Real Estate, and Telus Financial Solutions. Pigment (spectrum-art) mac os.
Inception[edit]
The Alberta Government Telephones (AGT), had served as the major telephone provider for the province of Alberta from 1906—when it was first established by the Liberal Party of Alberta under the tenure of then Premier of Alberta, Alexander Cameron Rutherford, until the 1990s—when then Premier Don Getty began the privatization process.[3]:250 NovaTel's liabilities eventually cost the government more than $600 million.[3]:250[4]:35 The initial public offering of the newly established Telus' shares, 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.[5] By 1996, the former brand names, ED TEL and AGT had been retired. All Telus products and companies adopted the TELUS brand name.[5]
Subsidiaries[edit]
TELUS Communications[edit]
TELUS Corporation's principal subsidiary is the wholly owned Telus Communications Inc.[6]:47
TELUS Health[edit]
In the summer of 2018, Telus acquired a 'chain of medical clinics' for over $100 million. Telus also spent more than '$2 billion on digital health ventures.'[7] This included purchasing the 'electronic medical record software' used by half of Canada's doctors.[7] By March 2019, Telus had 'become the biggest health-care information technology company in Canada'.[7] Telus has also partnered with the UK-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.[7]
TELUS International[edit]
Telus International 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 International has contact centers in the Philippines, the United Kingdom, Central America (Guatemala and El Salvador), and Eastern Europe (Bulgaria and Romania), where it is known as Telus International Europe.[citation needed]
Community investment[edit]
Finances[edit]
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 shares traded at its all-time high stock closing price of $20.89 on 12 February 2020. Telus Corp operates the largest telecommunications company (Telus Communications Inc.) in Western Canada and the second largest in Canada.[8]
| Year | Revenue in mil. CA$ | Net income in mil. CA$ | Total Assets in mil. CA$ | Price per share in US$ | Employees |
|---|---|---|---|---|---|
| 2019[9] | 14,658 | 1,780 | 37,975 | 14.7800[8] | 65,600[9] |
| 2018[10] | 14,368 | 1,620 | 33,057 | 19.3650[8] | 58,000[11] |
| 2017[12] | 13,408 | 1,578 | 31,053 | 16.5700[8] | 53,630[11] |
| 2016[13] | 12,799 | 4,229 | 27,729 | 18.9350[8] | 51,250[11] |
| 2015[14] | 12,502 | 4,262 | 26,406 | 13.8250[8] | 47,640[11] |
| 2014[15] | 12,002 | 4,216 | 23,217 | 18.0200[8] | 43,700[11] |
| 2013[16] | 11,404 | 4,018 | 21,566 | 17.2200[8] | 43,400[11] |
| 2012[17] | 10,921 | 3,859 | 20,445 | 16.2850[8] | 42,400[11] |
| 2011[18] | 10,397 | 3,665 | 19,931 | 13.3875[8] | 41,000[11] |
| 2010[6] | 9,792 | 3,568 | 19,624 | 10.8900[8] | 34,800[11] |
Corporate governance[edit]
According to Yahoo Finance, Telus Corporation received an Institutional Shareholder Services (ISS) governance risk score of 5 out of 10, as of December 3, 2019.[19]
Board of directors[edit]
The current board of directors as of June 2020[20]
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.[21][22]
- Darren Entwistle, President and CEO
- Kathy Kinloch, Corporate Governance Committee, Human Resources and Compensation Committee
- David Mowat, Chair of the Audit Committee
- Raymond T. Chan, Pension Committee, Human Resources & Compensation Committee
- Tom Flynn, Director
- Christine Magee, Audit Committee
- Marc Parent, Audit Committee, Pension Committee
- Lisa de Wilde, Corporate Governance Committee, Pension Committee
- Mary Jo Haddad, Chair of the Human Resources & Compensation Committee
- John Manley, Chair of the Corporate Governance Committee, Compensation Committee
- Denise Pickett, Audit Committee
Executive team[edit]
The current executive teams as of June 2020[23]
- Darren Entwistle, President and CEO
- Doug French, Executive Vice-President and Chief Financial Officer
- Navin Arora, President, TELUS Business Solutions
- Josh Blair, Chair of the Board, TELUS International
- Tony Geheran, Executive Vice-President and Chief Customer Officer
- François Gratton, Executive Vice-President, Group President, TELUS and Chair, TELUS Québec
- Zainul Mawji, President, Home Solutions
- Sandy McIntosh, Executive Vice-President, People & Culture and Chief Human Resources Officer
- Jeff Puritt, TELUS Executive Vice-President and TELUS International President and CEO
- Jim Senko, President, Mobility Solutions
- Eros Spadotto, Executive Vice-president of Technology Strategy and Business Transformation
- Andrea Wood, Chief Legal & Governance Officer
See also[edit]
References[edit]
- ^'T.TO 23.03 -0.89 -3.72% : Trans Canadian Fixed Pay GIF'. Yahoo Finance. Retrieved 12 June 2020.
- ^'Telus buys Emergis for $763 million'. 29 November 2007.
- ^ abLisac, Mark (2004). 'Don Getty'. In Rennie, Bradford J. (ed.). Alberta Premiers of the Twentieth Century. Regina, Saskatchewan: Canadian Plains Research Center, University of Regina. pp. 231–232. ISBN0-88977-151-0.
- ^Wilson, Kevin G. (2000), Deregulating Telecommunications: U.S. and Canadian Telecommunications, 1840-1997, Rowman & Littlefield, ISBN0-8476-9825-4
- ^ ab'Historical Timeline of Canadian Telecommunications Achievements'(PDF). ITU. Retrieved 10 June 2020.
- ^ abTelus 2010 Annual Report(PDF). CTF Assets (Report). 31 December 2010. Retrieved 11 June 2020.
- ^ abcdRankin, Eric (18 March 2019). 'Filling the medical care gap or causing cracks? Telus launches health app'. CBC News. Retrieved 19 March 2020.
- ^ abcdefghijk'TELUS - 24 Year Stock Price History | TU'. www.macrotrends.net. Retrieved 22 March 2020.
- ^ ab'Telus 2019 Annual Report'(PDF). CTF Assets. 31 December 2019. Retrieved 26 March 2020.
- ^'Telus 2018 Annual Report'(PDF). CTF Assets. 31 December 2018. Retrieved 26 March 2020.
- ^ abcdefghi'Telus employee figures 2010-2018'. Statista. Retrieved 22 March 2020.
- ^'Telus 2017 Annual Report'(PDF). CTF Assets. 31 December 2017. Retrieved 26 March 2020.
- ^'Telus 2016 Annual Report'(PDF). CTF Assets. 31 December 2016. Retrieved 26 March 2020.
- ^'Telus 2015 Annual Report'(PDF). CTF Assets. 31 December 2015. Retrieved 26 March 2020.
- ^'Telus 2014 Annual Report'(PDF). CTF Assets. 31 December 2014. Retrieved 26 March 2020.
- ^'Telus 2013 Annual Report'(PDF). CTF Assets. 26 December 2013. Retrieved 26 March 2020.
- ^'Telus 2012 Annual Report'(PDF). CTF Assets. 31 December 2012. Retrieved 26 March 2020.
- ^'Telus 2011 Annual Report'(PDF). CTF Assets. 31 December 2012. Retrieved 26 March 2020.
- ^'ESG Ratings'. ISS. Retrieved 25 March 2020.
- ^'Board Members and Committees - Corporate Governance'. TELUS. Retrieved 6 June 2020.
- ^Jang, Brent (2 June 2001). ''Mechanic' was the driver behind Gulf Canada deal'. The Globe and Mail. Calgary. Retrieved 11 June 2020.
- ^'Telus names CEO as Entwistle becomes executive chairman'. Reuters. 31 March 2014. Retrieved 11 June 2020.
- ^'TELUS Executive Team, Company overview - About'. TELUS. Retrieved 6 June 2020.
External links[edit]
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