Telus Corp. has capped what its CEO is calling an "exceptional year" with an almost 23 per cent increase in fourth-quarter profit, fuelled by a six per cent increase in revenue.
Telus Corp. (TSX:T) is increasing its quarterly dividend following a surge in third-quarter earnings, which were helped by sharp growth in revenue from smartphone data services at its wireless division.
Telus will go ahead with a vote on Wednesday to have shareholders decide on whether the telecom company will have one common class of shares, even as a U.S. hedge fund said it will appeal the decision.
Telus Inc. (TSX:T) says it has again received the backing of a leading independent proxy advisory firm in its fight with U.S. hedge fund Mason Capital Management over the company's dual share structure.
The revenue picture at telecom giant Telus is shaping up better than expected due to its strong wireless division that's powered by smartphones, the company said Friday after reporting a higher second-quarter profit.
Telus (TSX:T) said Monday that it is under the federal foreign ownership limit of 33.3 per cent for telecom companies, responding to accusations that it was breaking the restriction.
Telus Corp. says it will fight an attempt by U.S. hedge fund Mason Capital Management to get copies of the complete proxy instructions that the telecom company received ahead of a contentious shareholder vote.
