TELUS Corporation
TSX : T
NYSE : TU

TELUS Corporation

November 23, 2016 20:33 ET

New TELUS-TWU collective agreement ratified by membership

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 23, 2016) - (TSX:T)(NYSE:TU) - Following a series of ratification meetings, the Telecommunications Workers Union, United Steelworkers Local 1944 (TWU) membership has accepted a new collective agreement negotiated between TELUS and the TWU. More than 68 per cent of TELUS team members who cast their ballots at ratification meetings across Canada voted to accept the new contract.

The new agreement covering approximately 10,500 TELUS team members nationally will take effect on November 27, 2016 and expire on December 31, 2021.

"Our team is pleased by this positive outcome, which represents the best interests of TELUS, our team members and our customers," said Darren Entwistle, President and CEO of TELUS. "The ratification of this agreement enables us to continue advancing our growth strategy and focusing on our number one priority of putting customers first."

About TELUS

TELUS (TSX:T)(NYSE:TU) is Canada's fastest-growing national telecommunications company, with $12.6 billion of annual revenue and 12.5 million subscriber connections, including 8.4 million wireless subscribers, 1.6 million high-speed Internet subscribers, 1.4 million residential network access lines and 1.0 million TELUS TV customers. TELUS provides a wide range of communications products and services, including wireless, data, Internet protocol (IP), voice, television, entertainment and video, and is Canada's largest healthcare IT provider.

In support of our philosophy to give where we live, TELUS, our team members and retirees have contributed $440 million to charitable and not-for-profit organizations and volunteered more than 6.8 million hours of service to local communities since 2000. Created in 2005 by President and CEO Darren Entwistle, TELUS' 12 Canadian community boards and 5 International boards have led the Company's support of grassroots charities and have contributed more than $54 million in support of over 4,900 local charitable projects, enriching the lives of more than 2 million children and youth, annually. TELUS was honoured to be named the most outstanding philanthropic corporation globally for 2010 by the Association of Fundraising Professionals, becoming the first Canadian company to receive this prestigious international recognition.

For more information about TELUS, please visit www.telus.com.

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