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TELUS CORPORATION

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TELUS : recognized by Google Cloud for its social impact

10/12/2021 | 11:09am EST

TELUS Data for Good wins two Google Cloud Customer Awards in recognition of the role it played to help stem the spread of COVID-19

VANCOUVER, British Columbia, Oct. 12, 2021 (GLOBE NEWSWIRE) -- TELUS is proud to announce that it has won two Google Cloud Customer Awards - the Social Impact and Communications and Service Providers Customer Awards - a worldwide recognition that reinforces TELUS’ global leadership in social capitalism, digital innovation and creative thinking. These awards acknowledge the critical role that the TELUS Data for Good program played to improve the lives of Canadians during the COVID-19 pandemic, and recognize that de-identified data can be used responsibly to support more informed decision-making and build stronger and healthier communities.

“We are extremely proud to be the only Canadian company to win two Google Cloud Customer Awards,” said Pam Snively, Chief Data & Trust Officer at TELUS. “We launched Data for Good with the goal of supporting Canadians through the pandemic by providing health authorities, governments and researchers with a bigger picture, using de-identified and aggregated data. With the flexibility of cloud computing technology and TELUS’ industry-leading privacy standards, we aided in measuring progress and assessing policies to limit the impact of COVID-19 across Canada, and we will continue to work to support our communities, now and in the future.”

Launched in April 2020 in response to the COVID-19 pandemic, Data for Good leverages an advanced approach to de-identified and aggregated data analytics to aid government and public agencies in making more strategic and informed decisions based on real-world information. Through the speed, flexibility and effectiveness of the Google Cloud platform, Data for Good helped to flatten the COVID-19 curve, stem its spread and reduce associated health and economic impacts, while contributing to studies that will support the prevention or mitigation of future phases of COVID-19 or other pandemics. A cornerstone in TELUS’ commitment to using technology for good, the Data for Good program will continue to support innovation and world-class research serving social good in the future.

In addition to receiving two Google Cloud Customer Awards, TELUS was awarded the HPE-IAPP Privacy Innovation Award by the International Association of Privacy Professionals in recognition of its Data for Good program, and is the only telecommunications company in Canada to achieve Privacy by Design Certification through the Professional Evaluation and Certification Board (PECB) for its Insights platform which powers Data for Good.

For more information on TELUS’ long-standing commitment to put its customers and their privacy first, please consult the TELUS data sharing commitment as part of the Data for Good program.

About TELUS
TELUS (TSX: T, NYSE: TU) is a dynamic, world-leading communications technology company with $16 billion in annual revenue and 16 million customer connections spanning wireless, data, IP, voice, television, entertainment, video, and security. We leverage our global-leading technology and compassion to enable remarkable human outcomes. 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. In 2020, TELUS was recognized as having the fastest wireless network in the world, reinforcing our commitment to provide Canadians with access to superior technology that connects us to the people, resources and information that make our lives better. TELUS Health is Canada’s leader in digital health technology, improving access to health and wellness services and revolutionizing the flow of health information across the continuum of care. TELUS Agriculture provides innovative digital solutions throughout the agriculture value chain, supporting better food outcomes from improved agri-business data insights and processes. TELUS International (TSX and NYSE: TIXT) is a leading digital customer experience innovator that delivers next-generation AI and content management solutions for global brands across the technology and games, ecommerce and FinTech, communications and media, healthcare, travel and hospitality sectors. TELUS and TELUS International operate in 25+ countries around the world. Together, let’s make the future friendly.

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 $820 million and 1.6 million days of service since 2000. This unprecedented generosity and unparalleled volunteerism have made TELUS the most giving company in the world.

For more information about TELUS, please visit telus.com, follow us @TELUSNews on Twitter and @Darren_Entwistle on Instagram.

For more information, please contact:

Jacinthe Beaulieu
TELUS Media Relations
418-318-6102
jacinthe.beaulieu@telus.com


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Financials
Sales 2021 16 820 M 13 137 M 13 137 M
Net income 2021 1 369 M 1 069 M 1 069 M
Net Debt 2021 20 546 M 16 046 M 16 046 M
P/E ratio 2021 29,3x
Yield 2021 4,34%
Capitalization 39 953 M 31 242 M 31 203 M
EV / Sales 2021 3,60x
EV / Sales 2022 3,37x
Nbr of Employees 78 100
Free-Float 93,9%
Chart TELUS CORPORATION
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Mean consensus OUTPERFORM
Number of Analysts 17
Last Close Price 29,36 CAD
Average target price 31,47 CAD
Spread / Average Target 7,19%
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Managers and Directors
Darren Entwistle President, Chief Executive Officer & Director
Doug French Chief Financial Officer & Executive Vice President
Richard H. Auchinleck Independent Chairman
John Paul Manley Independent Director
Raymond Tatsun Chan Independent Director
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