Telus 2005 Annual Report Download - page 24

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23
(ii) refuse to allow any transfer of voting shares to be recorded in its share register;
(iii) suspend the rights of a holder of voting shares to vote at a meeting of its shareholders;
and
(iv) sell, repurchase or redeem any voting shares.
To ensure that TELUS remains Canadian and that any subsidiary of TELUS including TCC is
and continues to be eligible to operate as a telecommunications common carrier under the
Telecommunications Act, to be issued radio authorizations or radio licences as a
radiocommunications carrier under the Radiocommunication Act, or to be issued broadcasting
distribution licences under the Broadcasting Act, provisions substantially similar to the foregoing
have been incorporated into TELUS’ Articles permitting the directors to make determinations to
effect any of the foregoing actions.
REGULATION
General
The provision of telecommunications service in Canada is regulated by the Canadian Radio-
television and Telecommunications Commission (the “CRTC”) pursuant to the
Telecommunications Act. In addition, the provision of cellular and other wireless services using
radio spectrum is subject to regulation and licensing by Industry Canada pursuant to the
Radiocommunication Act.
The Telecommunications Act gives the CRTC the power to forbear from regulating certain
services or classes of services if it finds that the service or class of service is subject to a degree
of competition which is sufficient to protect the interests of customers. In December 1996, the
CRTC confirmed an earlier decision to forbear from regulating the entire portfolio of wireless
and paging services. However, some of these services continue to be subject to CRTC regulation
for certain matters, including network access and interconnection issues. The CRTC has also
forborne from regulation of a number of wireline services, including interexchange voice
services, wide area network services and retail Internet services. Wireline services are in general
subject to a much greater degree of regulation than wireless services.