Telus Corporation - TU STOCK NEWS

TELUS International conducted a survey revealing that 81% of American employees feel bots have improved their work situation since the pandemic. The survey indicates that 90% expect bots to be integral in transitioning to permanent hybrid work models. Key tasks automated include IT troubleshooting (57%) and data entry (45%). Moreover, 88% of respondents are comfortable with bot integration. However, 34% noted a lack of training from employers on working with bots. TELUS International has launched Intelligent Insights to help companies manage robotic process automation effectively.

TELUS International (NYSE: TIXT) will release its Q3 2021 results on November 5, 2021, before North American market hours. A conference call will follow at 10:30 a.m. (ET) with management reviewing the results and answering analyst questions. The call will be available via a live webcast on their Investor Relations website, with a replay accessible afterward. TELUS International specializes in next-generation digital solutions that enhance customer experience across various industries, driving digital transformation for global brands.

TELUS International (NYSE: TIXT) has successfully closed an upsized secondary offering of 14.4 million subordinate voting shares at US$34.00 each, led by certain shareholders including Baring Private Equity Asia. The underwriters exercised their option for an additional 2.16 million shares. No proceeds from the sale were received by TELUS International, as the shares sold were from the existing shareholders. Post-offering, TELUS Corporation and Baring Private Equity Asia hold approximately 70.9% and 25.9% of the voting power, respectively.

TELUS International has announced the pricing of an upsized secondary public offering of 14,400,000 subordinate voting shares at US$34.00 each, led by certain shareholders, including Baring Private Equity Asia. The offering increased from a previously planned 12,000,000 shares. TELUS International will not sell any shares or receive proceeds from this offering, which is set to close on September 28, 2021. Additionally, an option for underwriters to purchase an additional 2,160,000 shares is available. The offering's details will be available in a prospectus filed with relevant securities authorities.

TELUS International has announced a proposed underwritten public secondary offering of 12,000,000 subordinate voting shares, primarily by certain shareholders, including Baring Private Equity Asia. An option to purchase an additional 1,800,000 shares is also available. TELUS International will not sell shares or receive proceeds from this offering, which is subject to market conditions. Joint lead managers include J.P. Morgan, Barclays, CIBC, and Credit Suisse. The registration statement is pending effectiveness and the offering is not an offer to sell securities prior to registration.

RecoveryOne has successfully completed a $33 million Series C funding round, co-led by Cobalt Ventures and TELUS Ventures. This investment aims to enhance their digital musculoskeletal recovery programs, which significantly reduce total medical costs for clients. RecoveryOne currently serves over 60 clients and nearly 3 million consumers. The company reported a retention rate of over 90% among employer populations. RecoveryOne's mission is to transform MSK care delivery by improving consumer satisfaction and clinical outcomes.

GM Canada and TELUS are partnering to connect GM’s next-generation vehicles to TELUS’ 5G network, marking a first for GM with a domestic communications company. This collaboration aims to enhance vehicle connectivity and introduce innovative features as part of GM's commitment to safety and convenience. Launching with the 2025 model year, the initiative will enable faster updates and improved services for current 4G LTE-equipped vehicles. The partnership builds on nearly 20 years of cooperation to advance connected vehicle services in Canada.

EliteGamingLIVE (EGL) has secured USD $1.5 million in funding to enhance its online STEM education platform, which combines interscholastic competition with gaming. Led by the American Family Insurance Institute, the funds will help recruit key personnel and execute marketing strategies aimed at North American expansion. EGL focuses on making STEM education accessible, particularly in low-income areas, leveraging gaming to engage students from grades 3 to 12. The organization aims to bridge educational divides and promote career pathways in STEM fields.