TELUS Corporation (TSX: T; NYSE: TU) announced that its subsidiary, TELUS International (Cda) Inc. (TELUS International), has filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission (SEC) and filed a preliminary base PREP prospectus with the securities regulatory authorities in each of the provinces and territories of Canada for a proposed initial public offering (IPO) of subordinate voting shares of TELUS International.
Equinix, Inc., the global interconnection and data center company, announced it has entered into a definitive agreement to purchase a portfolio of 13 data centers across Canada from BCE Inc. (“Bell”) for US$750 million (CA$1,041 million) in an all-cash transaction. The 13 data center sites, which represent 25 Bell data center facilities, are expected to generate approximately US$105 million (CA$150 million) annualized revenue (Q4'20E LQA), which represents a purchase multiple of approximately 15x EV / adjusted EBITDA. The acquisition is expected to close in 2H 2020, subject to customary closing conditions including regulatory approval, and it is expected to be immediately accretive to Equinix's adjusted funds from operations (AFFO) per share upon close, excluding integration costs.
TELUS announced that it is deploying a range of Nokia solutions to deliver greater network scale, performance, and efficiency helping to strengthen and expand its 5G service offerings.
Deutsche Telekom’s T-Mobile US has announced that it is financially prepared to close its planned merger with Sprint, based on its previously secured commitments for bridge financing and senior credit facility financing.
As TELUS continues to expand its next-generation 5G network across the country, UK-based Opensignal has announced that TELUS is the fastest network in the world.
The US Federal Communications Commission (FCC) opened the door for Verizon to use additional spectrum to aid the operator in meeting increased demand for mobile broadband across the country during the Covid-19 pandemic.
Altice USA, a subsidiary of French tycoon Patrick Drahi's media and telecoms empire, made a takeover bid for Canadian telecommunications group Cogeco for US$7.8 billion (Can$10.3 billion).
The new head of Canada’s biggest telecommunications firm said Huawei Technologies Co.’s equipment is “top notch” and he’d like the option of working with the Chinese company as it rolls out a next-generation 5G network.
TELUS Health announced the expansion of its Home Health Monitoring (HHM) solution to digitally monitor the recovery of lung transplant patients across Saskatchewan. Launched in partnership with the Saskatchewan Health Authority and eHealth Saskatchewan, this digital health dashboard enables a virtual healthcare team to provide medical support remotely, for patients in real-time as they recover in their own homes.
Zayo Group Holdings, Inc. has a new 100G capable wavelength route from Montreal, Quebec to Albany, New York. The new route will provide multiple terabits of long haul transport capacity between Montreal and major northeast U.S. markets and is expected to be in service by January 2020.
