Telus 2008 Annual Report Download - page 34

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TELUS also competes with numerous national, regional and local paging companies for
paging customers in Alberta, B.C. and eastern Québec. It also competes with major
equipment manufacturers for private radio engineered systems.
Other emerging competitive services
A number of additional longer term factors are expected to increase competition in the
communications industry such as the continuing convergence of cable-TV, satellite,
computer, wireline and wireless technologies.
In November 2005, TELUS commercially launched TELUS TV within select
neighbourhoods in the Edmonton and Calgary markets. TELUS TV is now available in
Alberta in Calgary, Edmonton, Grande Prairie and Fort McMurray; in British Columbia in
Vancouver, Whistler and the Lower Mainland area; and in Québec in Rimouski.
Additional serving areas in these three provinces are targeted for 2009. TELUS has also
begun offering HD capability in select areas through the deployment of ADSL2+
technology. (See “Management’s Discussion and Analysis – Section 10. Risks and risk
management – 10.1 Competition” in TELUS’ 2008 Annual Report – Financial Review.)
In this segment, TELUS competes with established cable-TV video providers, such as
Shaw Communications and Cogeco, and with direct-to-home broadcast satellite
companies, such as Bell TV and Star Choice.
Competition is also intense in other emerging markets such as multimedia conferencing,
Web hosting, information security services, contact centre setup, application
management, and human resource business process outsourcing. TELUS took a
significant step forward in the advancement of its growth strategy with its acquisition of
Emergis, which was integrated with TELUS’ own health care resources to form TELUS
Health Solutions (See Description of the Business and General Developments.) TELUS
Health Solutions develops and manages solutions that automate transactions and the
secure exchange of information. TELUS Health Solutions has expertise in electronic
health-related claims processing, health records systems, pharmacy management
solutions, point-of-sale transaction processing, cash management and loan document
processing and registration. The acquisition of Emergis is expected to enable TELUS to
further enhance its reputation as an organization that understands these industries and
can deliver innovative solutions to increase their efficiency and the service they provide
to Canadians.
DIVIDENDS DECLARED
The dividends per Common Share and Non-Voting Share declared with respect to each
quarter by TELUS, during the three-year period ended December 31, 2008, are shown
below.
Quarter ended (1) 2008 2007 2006
March 31 $0.45 $0.375 $0.275
June 30 $0.45 $0.375 $0.275
September 30 $0.45 $0.375 $0.275
December 31 $0.475 $0.45 $0.375
(1) Paid on the first business day of the next month.
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