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Under the agreement, TELUS International will acquire WillowTree for a total enterprise value of US$1.225 billion, inclusive of US$210 million of assumed debt, of which US$125 million will be settled in TELUS International subordinate voting shares, approximately US$160 million will be reinvested by certain eligible management team members and . More than ever, Canadians value a fast, reliable connection, and the consistent recognition from independent, third-party organizations, such as U.S.-based Ookla, reinforces the superiority of TELUS world-leading mobile network. In 2022, TELUS plans to continue generating positive financial outcomes and strong customer growth. Through TELUS Health, we are leveraging technology to deliver connected solutions and services, improving access to care and revolutionizing the flow of information while facilitating collaboration, efficiency, and productivity across the healthcare ecosystem, progressing our vision of transforming healthcare and empowering people to live healthier lives. This was partly offset by lower chargeable usage revenues as customers continued to adopt larger data allotments in their rate plans, as well as the impact of the competitive environment putting pressure on base rate plan prices in the current and prior periods. Notably, we achieved strong Free Cash Flow for the year, slightly ahead of our guidance as updated in May to reflect our accelerated broadband expansion program. The company, formed by TELUS, combines market-leaders bluArc, BroadConnect Canada, Infra-Solutions, Netrium, Radiant, and Ubity under the GoCo brand. This spend has enabled: (i) additional premises to be connected to our fibre network; (ii) acceleration of our copper-to-fibre migration program; (iii) expansion of the number of communities we are bringing fibre to, including many rural and Indigenous communities; (iv) advancement of our 5G network build which now covers over 26.2 million Canadians, representing 70 per cent of the Canadian population at December 31, 2021; and (v) progress in the implementation of our digital strategy and enhanced product development that will bolster both top-line revenue growth and operating expense efficiencies. Residential voice net losses were 10,000 in the fourth quarter of 2021, compared to residential voice net losses of 9,000 in the fourth quarter of 2020. DLCX EBITDA increased by $45 million or 40 per cent in the fourth quarter of 2021, while DLCX Adjusted EBITDA increased by $21 million or 15 per cent for the same period. These investments also support our internet, TV and security subscriber growth, address our customers demand for faster internet speeds, and extend the reach and functionality of our business, as well as our healthcare and agriculture solutions. Furthermore, the unparalleled skill, innovation and grit of our team underpins our leading multi-year dividend growth program, now in its twelfth year. - TELUS Health Solutions today announced the acquisition of Wolf Medical Systems. When added to the 1,322,481 subordinate voting shares acquired in early November 2022, the total of 1,414,900 subordinate voting shares (the Purchased Shares) represents more than 2% of the outstanding subordinate voting shares acquired since TELUS prior early warning report filed June 29, 2022. This acquisition will create a new line of business within TELUS Health Solutions .

TTech mobile products and services direct contribution increased by $90 million or 6.9 per cent in the fourth quarter of 2021 due to higher network revenues, reflective of subscriber growth and higher mobile phone ARPU, higher equipment margins, and lower commissions expense, as we continue to drive customer transactions to digital channels, in addition to lower contracted volumes in the current and prior periods. This cautionary statement qualifies all of the forward-looking statements in this document. (1)Refer to Note 31 of the consolidated financial statements for further information. Readers are cautioned not to place undue reliance on forward-looking statements. Security net additions were 31,000 in the fourth quarter of 2021, an increase of 8,000, driven by strong growth in new customer connections and lower churn through demand for our bundled product offerings and diverse suite of products and services. Effective January 1, 2021, on a prospective basis, following an in-depth review of customer accounts within a legacy subscriber provisioning system to be decommissioned, we adjusted our internet subscriber base to remove 16,000 subscribers. Our assumptions for 2022 are set out in Section 9.3 TELUS assumptions for 2022 in the 2021 annual MD&A. Supporting our growth profile in 2022 are our unique and high growth businesses, including TELUS International, which today released its own set of strong financial targets for 2022, as well as TELUS Health and TELUS Agriculture, which are both increasingly becoming important contributors to revenue, profitability and cash flow.. For more information about TELUS, please visit telus.com, follow us @TELUSNews on Twitter, and @Darren_Entwistle on Instagram. TELUS acquires Fully ManagedOn January 1, 2022, we acquired 100 per cent ownership of Fully Managed Inc. (Fully Managed) for cash and contingent consideration of approximately $137 million. Our social purpose is to leverage our global-leading technology and compassion to drive social change and enable remarkable human outcomes. TELUS fourth quarter 2021 conference call is scheduled for Thursday, February 10, 2022 at 12:00 pm ET (9:00 am PT) and will feature a presentation followed by a question and answer period with investment analysts. Mobile phone ABPU is calculated as network revenue derived from monthly service plan, roaming and usage charges, as well as monthly re-payments of the outstanding device balance owing from customers on contract; divided by the average number of mobile phone subscribers on the network during the period, and is expressed as a rate per month. We added close to 7,000 youth, seniors and other marginalized Canadians in 2021. | Source: Mobile phone gross additions were 398,000 in the fourth quarter of 2021, an increase of 24,000, driven by growth in high-value customer additions, improvements in retail traffic as pandemic-related restrictions had lessened when compared to the prior year, successful promotions, including the bundling of our mobility and home services, expanded channels, and the enhanced capabilities of our digital footprint, inclusive of increased self-serve functions. telus acquires radiant.

Declines were mitigated by the success of our bundled product offerings and retention efforts and the migration from legacy to IP services offerings. Other income in TTech was $411 million in the fourth quarter of 2021, an increase of $412 million, largely reflecting the impact of a $410 million gain arising from the disposition of our financial solutions business in the fourth quarter of 2021, as described below. These measures are used to evaluate performance at a consolidated level and exclude items that, in managements view, may obscure underlying trends in business performance or items of an unusual nature that do not reflect our ongoing operations. Fully . Our strategic efforts to enhance operational simplicity and efficiency, in addition to our constant focus on improving the customer experience across all areas of our operations, is also expected to contribute to our growth. Lower fixed voice services revenues, as well as lower fixed equipment and other services revenues, were a partial offset. "Today's announcement advances TELUS' commitment to harness the power of technology to provide outstanding . We continued to help Canadians stay safe in our digital world through our TELUS Wise program in 2021. Our mobile phone churn rate was 1.04 per cent in the fourth quarter of 2021, compared to 1.09 per cent in the fourth quarter of 2020, reflecting the impacts of industry-wide inventory shortages arising from global supply chain challenges, which had an impact on customer switching activity. The sum of the last four quarterly dividends declared per common share totals $1.2872, compared to $1.2049 for the four preceding quarters, reflecting 6.8 per cent growth.

Ongoing subscriber adoption of, and upgrades to, data-intensive smartphones, as customers seek more mobile connectivity to the internet at faster speeds.

Investor RelationsRobert Mitchell (647) 837-1606ir@telus.com, Media RelationsSteve Beisswanger(514) 865-2787 Steve.Beisswanger@telus.com, C$ millions, except footnotes and unless noted otherwise, Capital expenditures (excluding spectrum licenses). Continued impacts on our TELUS Health Care Centres as a result of continued restrictive measures resulting in cancellations of appointments, reduced capacity or closure of clinics. Government funding programs to support consumers ability to pay bills will ease in the first half of 2022. WebGriffin, Georgia Stay current with all the latest and breaking news about Griffin, Georgia, compare headlines and perspectives between .

The sum of active mobile phone subscribers, connected device subscribers, internet subscribers, residential voice subscribers, TV subscribers and security subscribers, measured at the end of the respective periods based on information in billing and other source systems. 45 global companies were recognized and TELUS was one of only three Canadian companies receiving the prestigious recognition. Roaming revenue from business and consumer travel will improve from levels seen in 2021, with the easing of travel advisories and border restrictions, including those in Canada and the U.S. A full recovery is estimated closer to the end of 2022 at the earliest. Estimated annual unemployment rates in Canada, B.C., Alberta, Ontario and Quebec of 6.1%, 5.2%, 7.1%, 6.1% and 5.3%, respectively. TTech EBITDA increased by $501 million or 41 per cent in the fourth quarter of 2021, in part due to the gain on disposition of our financial solutions business, while Adjusted EBITDA increased by $87 million or 6.7 per cent, reflecting an increase in direct contribution from mobile and fixed products and services, as outlined below. Income taxes: Income taxes computed at an applicable statutory rate of 25.2 to 25.8% and cash income tax payments of approximately $500 million to $580 million (2021 $563 million). Over 105,000 Canadians participated in virtual TELUS Wise workshops and events in 2021, bringing our cumulative participation to over 450,000 Canadians since the program launched in 2013. When you judge the law, you are not keeping it, but sitting in judgment on it. if (i.toString() == parts[0]){ The new tool could help send patients for screening earlier and lead which could provide and early diagnosis and save lives. Health services revenues increased by $22 million or 18 per cent in the fourth quarter of 2021. We are proud to stand in solidarity with residential school survivors and their families through our $8 million commitment toward reconciliation. Please quote conference access code 56871# and playback access code 0111836#. Digital health transactions in the fourth quarter of 2021 were 142.8 million, up 5.7 per cent over the fourth quarter of 2020. Our results discussed below are compared to the equivalent period in 2020, unless otherwise indicated. We also calculate Adjusted EBITDA to exclude items of an unusual nature that do not reflect our ongoing operations and should not, in our opinion, be considered in a long-term valuation metric or should not be included in an assessment of our ability to service or incur debt. Additional risks and uncertainties that are not currently known to us or that we currently deem to be immaterial may also have a material adverse effect on our financial position, financial performance, cash flows, business or reputation. 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. Effective January 1, 2021, with retrospective application to January 1, 2020, in alignment with our segment reporting changes, we made a retroactive adjustment to remove internal network service revenue and approximately 29,000 subscribers from our mobile phone subscriber base and associated operating statistics (average billing per subscriber per month (ABPU) / average revenue per subscriber per month (ARPU) and churn). Continued increase in mobile phone industry penetration of the Canadian market. At the end of 2021, our healthcare programs covered 20.6 million lives, an increase of 3.7 million over the past 12 months, mainly due to the continued demand for virtual solutions, an increase in value-added services including vaccination solutions, and an increase in elective health services volumes. TIs enviable list of client partners rely on TIs talented and engaged team, along with its deep end-to-end digital capabilities to deliver a superior customer experience, including a unique and unparalleled mix of content moderation and artificial intelligence (AI) capabilities. Certain of the metrics do not have generally accepted industry definitions. We look forward to expanding disclosure with respect to agriculture in 2022 and beyond, which we are confident will further illustrate the value and asset of consequence we are creating in this important area., Backing our consistently strong financial and operating performance is our highly engaged team who are committed to delivering superior service offerings and digital capabilities over our world-leading Wireless and PureFibre broadband networks. Explain the nature of Gods judgment of believers in this life. In collaboration with our partner, REACH Niagara, we are bringing primary care to marginalized and underserved people in the area, including migrant agricultural workers, new immigrants and refugees, while supporting the training of the next generation of healthcare workers. Alternatively, you may . Connected device net additions were 81,000 in the fourth quarter of 2021, a decrease of 7,000, primarily due to lower Internet of Things net additions, which do not experience the same seasonal dynamics as our other customer connections. The TELUS technology solutions (TTech) segment includes: network revenues and equipment sales arising from mobile technologies; data revenues (which include internet protocol; television; hosting, managed information technology and cloud-based services; software, data management and data analytics-driven smart food-chain technologies; and home and business security); certain healthcare software and technology solutions; voice and other telecommunications services revenues; and equipment sales.

This includes a $1 million gift to digitize, promote and distribute the Witness Blanket, as well as investments from the Pollinator Fund for Good, TELUS Community Boards and The TELUS Friendly Future Foundation. Free cash flow may be supplemented from time to time by proceeds from divested assets or financing activities. They include, but are not limited to, statements relating to our objectives and our strategies to achieve those objectives, our plans and expectations regarding the impact of the COVID-19 pandemic and responses to it, our expectations regarding trends in the telecommunications industry including demand for mobile data and ongoing internet subscriber base growth, and our financing plans including our multi-year dividend growth program. TELUS acquires AFS Technologies On August 19, 2020, we acquired 100 per cent of AFS Technologies Inc., a business complimentary to our existing technology-related lines of business providing trade . More than 55,000 TELUS employees, retirees, family and friends participated, helping to volunteer 1.3 million hours of giving. We expect the pandemic to continue to affect our operations until at least 2023.

For further explanation of these measures, see Non-GAAP and other financial measures in this news release. This news release contains forward-looking statements about expected events and the financial and operating performance of TELUS Corporation. Net proceeds from the transaction will be used to support strategic growth investments including connecting more homes and businesses to our TELUS PureFibre network, advancing our 5G network build and investments to support enhancing new areas of growth including our offerings to small and medium-sized businesses, as well as in TELUS Health and TELUS Agriculture. In TELUS Agriculture, through our teams ongoing efforts to integrate and grow this unique business, we drove strong double-digit revenue growth across our three lines of business - agribusiness; food, beverage and consumer goods; and animal health - exceeding our annual revenue objective with revenues in agriculture, including telecom connectivity, of over $400 million in 2021. 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 $900 million and 1.8 million days of service since 2000. Healthcare lives covered refers to the number of users (primary members and their dependents) enrolled in various health programs supported by TELUS Health services (e.g. Adjusted net income and adjusted basic earnings per share (EPS): These are non-GAAP measures that do not have any standardized meaning prescribed by IFRS-IASB and are therefore unlikely to be comparable to similar measures presented by other issuers. In 2022, we expect the COVID-19 pandemic to continue to have impacts on our business, primarily in the first half of the year, attributable to economic factors such as continued travel advisories and border restrictions, decreasing business and consumer travel continuing to impact our roaming revenues, global supply chain challenges and subsequent business lockdowns, and/or reduced scope of operations impacting our TELUS Health Care Centres. TELUS Health is Canadas leader in digital health technology, improving access to health and wellness services and revolutionizing the flow of health information across the continuum of care. These impacts were partially offset by higher employee benefits expense, operating and administrative costs related to business acquisitions and growth in business operations, in addition to higher advertising and promotional costs relative to subdued marketing activity in 2020. This was partially offset by industry-wide mobile handset inventory constraints, which resulted in lower revenue from mobile handset upgrade volumes. Driven by our determination and vision 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 $900 million, in cash, in-kind contributions, time and programs, and 1.8 million days of service since 2000. Small and medium-sized businesses will continue to be negatively impacted by lockdown measures primarily during the first quarter of the year, and that they will continue to feel the effects through the rest of the year, with access to continued government support easing in mid-2022. Power, and Canadas Tutela. TELUS has acquired in 1 US state, and 3 countries. Notably, since 2005, the TELUS Community Boards have invested $91 million in cash donations to 7,800 initiatives, providing resources and support for underserved citizens, especially young people, around the world. Furthermore, we continue to migrate copper customers to our PureFibre network, finishing 2021 with only 11 per cent of our TV and internet customer base within our fibre footprint on copper. Industry-wide inventory shortages from global supply chain challenges had an impact on competitive activity during the fourth quarter of 2021.

These relatively low churn rates in the current and comparative period reflect the impacts of the pandemic, with customers reducing their general shopping habits in retail outlets since the start of the pandemic, along with mandated capacity restrictions. After giving effect to the market purchase in December (as of December 15, 2022), TELUS holds an aggregate of 149,504,019 multiple voting shares and 1,414,900 subordinate voting shares. In November 2021, we released our 2021 Indigenous Reconciliation and Connectivity Report, an evolution from the annual connectivity report that shares inspiring stories of the transformative benefits that connectivity brings to newly connected Indigenous communities. Corporate Highlights TELUS makes significant contributions and investments in the communities where team members live, work and serve and to the Canadian economy on behalf of customers, shareholders and team members. February 10, 2022 06:45 ET telus acquires radianttennessee ernie ford funeral April 11, 2023 / cagle funeral home : jasper obituaries / in companies that integrate operations management and project management / by . On May 7, 2021, we announced that we intended to accelerate up to $750 million of capital spending in 2021. At December 31, 2021, our TELUS PureFibre network covered more than 2.7 million premises, up from approximately 2.5 million premises at December 31, 2020. Our growth profile is also underpinned by a team member culture focused on delivering customer service excellence and our ongoing focus on operational effectiveness. Since 2000, we have spent $140 billion and $95 billion, respectively, in these areas. In September, we launched our Reconciliation Commitment, which was developed in partnership with and in support of Indigenous Peoples across the country. These differences largely arise from TELUS International adopting definitions consistent with practice in its industry.
The residential voice subscriber losses continue to reflect the trend of substitution to mobile and internet-based services, mostly mitigated by our expanding fibre footprint and bundled product offerings, as well as our strong retention efforts, including lower-priced offerings. We welcomed close to 12,000 new households to our Internet for Good program this year, resulting in 106,000 low-income family members, persons with disabilities and youth aging out of foster care benefiting from low-cost internet since the launch of the program in 2016. Dividend Declaration The TELUS Board of Directors declared a quarterly dividend of $0.3274 per share on the issued and outstanding Common Shares of the Company payable on April 1, 2022 to holders of record at the close of business on March 11, 2022. These aforementioned objectives for our economy and society reflect TELUS Technology for Good social purpose to progress the growth of skilled jobs, the physical and mental well-being of our citizens and the uplifting of marginalized constituencies as embodied in our brand promise, Lets Make the Future Friendly., Darren further noted, The TELUS teams ability to consistently drive profitable growth over the long-term, on the back of our differentiated asset base, world-leading networks and unique growth drivers, provides us with confidence in delivering on the annual targets for 2022 that we have announced today. Our industry-leading customer growth was driven by our teams passion for delivering outstanding customer experiences, which once again contributed to strong client loyalty across our key product lines, including blended Mobile Phone, Internet, Optik TV, Security and Voice churn all below one per cent for the year. EBITDA should not be considered as an alternative to Net income in measuring TELUS performance, nor should it be used as a measure of cash flow. Adjusted net income is a non-GAAP financial measure and adjusted basic EPS is a non-GAAP ratio. Most mobile clinics are also directly supporting the COVID-19 crisis response, providing COVID-19 assessments since the start of the pandemic and vaccines in 2021. At TELUS Health, our team drove double-digit year-over-year health services revenue growth for both the quarter and the year, while achieving important milestones along the way as we continue to meaningfully scale our health operations. Many of these factors are beyond our control or outside of our current expectations or knowledge. Add (deduct) amounts net of amount attributable to non-controlling interests: Tax effects of restructuring and other costs, Other equity losses related to real estate joint ventures, Gain on disposition of financial solutions business, Tax effect of gain on disposition of financial solutions business, Tax effect of restructuring and other costs, per share, Income tax-related adjustments, per share, Fourth quarters ended December 31 ($ millions), Add restructuring and other costs included in EBITDA, Other equity losses related to real estate jointventures, Deduct gain on disposition of financial solutions business, Deduct non-cash gains from the sale of property, plant and equipment, Restructuring and other costs, net of disbursements, Effects of contract asset, acquisition and fulfilment (IFRS 15 impact) and TELUS Easy Payment device financing, Effects of lease principal (IFRS 16 impact), Leases formerly accounted for as finance leases (IFRS 16 impact), Net employee defined benefit plans expense, Employer contributions to employee defined benefit plans, Capital expenditures (excluding spectrum licences), Effect of disposition of financial solutions business on income taxes paid, Effects of lease principal and leases accounted for as financial leases prior to adoption of IFRS 16, Gain on disposition of financial solutions business, net of effect on income taxes paid, Individually immaterial items included in Net income neither providing nor using cash, Re-payments of the outstanding device balance owing from customers on contract ($ millions), Denominator - Simple average number of subscribers during the period (millions), Annual average of billing per subscriber unit ($), Divide by number of months during the period. No, I wouldnt. We expect that we will be able to operate our retail stores as effectively as we did in 2021, reflecting the additional safety measures in place but still allowing us to serve our customers in person, in addition to the digital capabilities that have enabled us to continue serving our customers through the pandemic. An audio recording will be available approximately 60 minutes after the call until March 10, 2022 at 1-855-201-2300. Internet net additions were 40,000 in the fourth quarter of 2021, a decrease of 4,000, due to higher churn and lower market demand relative to the subdued switching activity in 2020 and record customer growth in 2020.

Therefore, results described below may not be indicative of future trends, as the COVID-19 pandemic prevents us and our customers from operating in the normal course of business in certain areas, while we continue to adjust our mode of operations to continue delivering on our customers first priorities and social purpose. It provides an indication of how much cash generated by operations is available after capital expenditures (excluding purchases of spectrum licences) that may be used to, among other things, pay dividends, repay debt, purchase shares or make other investments. The Foundation marked its third year in 2021, committing more than $8.7 million in cash donations to 500 charitable organizations. Alternatively, you may . Continued stabilization in the average Canadian dollar: U.S. dollar exchange rate ($1.25 in 2021). Up to December 31, 2021, we have supported more than 4,600 Canadians with disabilities who require professional assistance to independently use or control their mobile device through the program and the TELUS Wireless Accessibility Discount. Notably, our Operating Revenue and Adjusted EBITDA targets for 2022, are higher by up to 27 per cent and 17 per cent, respectively, as compared to our pre-pandemic 2019 results. Fully Managed is the market leader in the managed service space, providing fast and efficient IT support, technology strategy and proactive network management. These statements are made pursuant to the safe harbour provisions of applicable securities laws in Canada and the United States Private Securities Litigation Reform Act of 1995. We are now accepting all Planning, Building, Engineering, Fire, and . Employee defined benefit pension plans: current service costs of approximately $98 million recorded in Employee benefits expense and interest expense of approximately $8 million recorded in Financing costs; a rate of 2.95% for discounting the obligation and a rate of 3.10% for current service costs for employee defined benefit pension plan accounting purposes; and defined benefit pension plan funding of approximately $52 million. AIGround Truth . From themed meeting rooms and fitness facilities to onsite movie theaters and libraries, we know that office space matters.

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