Dark pool trading was detected in TU stock on February 7, 2020.
This dark pool trade looks like a buy order. This monster dark pool trade represented an incredible 48% of the daily volume in TU stock! Notice that TU stock stayed up on the dark pool trade and closed above the high of the day in regular trading hours.
TELUS outflanked the competition in the 2020 PCMag Gaming Quality Index, and amongst major ISPs, and has earned the title of Best Gaming ISP in Canada. The magazine scored TELUS the lowest on combined latency – the amount of time it takes for data to go to a server and back, and also on the stability of latency. For players, this is a huge win, as only milliseconds decide the difference between success and defeat.
To celebrate this achievement, TELUS is offering the quickest internet speeds in Western Canada, TELUS PureFibre Gigabit Internet, including unlimited home Internet data, for just $85/mo on a two-year term for new customers. With symmetrical upload and download speeds and a connection that never degrades, gamers of any skill level can get an edge on the competition. By delivering a 100 percent fibre optic connection straight to the home, TELUS PureFibre provides an always-on connection that never slows down, even during peak hours.
The gigabit-enabled TELUS PureFibre system is the most advanced communications infrastructure available in the world today, providing TELUS customers access to more speed and capacity than ever before. In addition to delivering next-generation connectivity to the house, TELUS PureFibre is the backbone of TELUS’ wireless network, enabling more wireless capacity and faster speeds and laying the groundwork for 5G technology in the decades ahead.
“Lifelike graphics, high-quality sound, and lightning-fast multiplayer gameplay have revolutionized modern gaming, and gamers need advanced connectivity that can keep pace. We’re proud that TELUS has been recognized by PCMag for reliably delivering these next-level, interactive experiences to gamers throughout Western Canada,” said Andy Balser, Vice President of Home Solutions Marketing at TELUS. “TELUS is the only internet provider in Western Canada with symmetrical upload and download speeds, so gamers enjoy a lightning-fast, responsive experience whether they are in the heat of a multiplayer battle or streaming to their fans.”
On February 4, 2020, TELUS Corporation (T-TSX; NYSE-TU) and its global arm, TELUS International – a customer experience innovator that designs, builds and delivers next-generation digital solutions for some of the world’s most established brands, today confirmed the close of their previously announced acquisition of Competence Call Center (CCC). TELUS International now holds a 100% interest in CCC.
The merged company has an expanded portfolio of customer experience, digital transformation, content moderation, IT lifecycle, advisory and digital consulting, risk management, and back-office support that will enable new go-to-market opportunities and drive growth.
“We are committed to creating a friendlier future for citizens globally; one in which technology supports the security and integrity of the data and information we process every day,” said Darren Entwistle, President and CEO of TELUS. “Through this important acquisition, our TELUS International team will benefit from the thought leadership, skill and dynamic insights of more than 8,500 CCC employees across 11 European countries, supporting our global customers with innovative digital solutions. We are thrilled to welcome these new team members to our TELUS International family. Importantly, this represents our largest ever international transaction, as we augment our TELUS International employee base to almost 50,000 team members, delivering service and support in over 50 languages from more than 50 delivery centres in 20 countries across North and Central America, Europe and Asia.”
“We’re so pleased to see the culmination of our team’s remarkable efforts, passion and diligence with the merger of TELUS International and CCC – two like-minded organizations similarly focused on putting customers first, caring for team members, and investing in the communities where we operate,” said Jeff Puritt, President and CEO, TELUS International. “In addition to the many benefits stemming from the significant influx of top industry talent, CCC’s core business and complementary products, services, locations and languages will enable us to access new high-growth markets and position us as a valuable strategic partner that can deliver innovative end-to-end solutions for clients.”
“CCC is TELUS International’s third sizeable acquisition in less than three years, further fueling our momentum to achieve impressive growth targets and establish an enhanced scope of global operations, while simultaneously gaining the requisite depth and breadth of expertise in next-gen technology and content moderation to differentiate ourselves and compete aggressively in the marketplace,” continued Puritt. “These successful mergers, in conjunction with ongoing healthy organic growth that includes new sites opened in Guatemala City, Chengdu and Manila in 2019, have provided the necessary scale and breadth to realize a meaningfully expanded enterprise value and contemplate a public listing in the next 12 to 24 months, positioning TELUS International for continued growth in the years to come.”
TELUS International will continue to focus on partnering with clients in the fast-growing tech, travel and hospitality, financial services and fintech, telecommunications, games and healthcare industries, and CCC has an established presence in the content moderation space, counting large, well known global brands and social media companies as its customers.
“Today is an extraordinary and remarkable day in the successful 22-year journey of our company,” said Christian Legat, CEO, CCC. “With the official close of our partnership with TELUS International, we are excited to begin realizing the numerous benefits of bringing together our highly-engaged teams to pool our knowledge and skills, as well as our companies’ resources and geographic footprints to deliver more fulsome, first-class customer experiences from more regions around the world.”
The acquisition is expected to add significant scale to TELUS International, an important and differentiated growth driver for TELUS, and will support TELUS’ consolidated financial and operating results including revenue, EBITDA and free cash flow growth as previously disclosed. The acquisition of CCC will be immediately revenue and EBITDA accretive to TELUS and TELUS International, as well as EBITDA margin accretive to TELUS International. Additionally, given the low capital intensity of the combined businesses, the transaction is also expected to support immediate free cash flow expansion.
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