Telus 2008 Annual Report Download - page 4

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CORPORATE STRUCTURE
Name, Address and Incorporation
TELUS was incorporated under the Company Act (British Columbia) (the BC Company
Act) on October 26, 1998 under the name BCT.TELUS Communications Inc. (BCT). On
January 31, 1999, pursuant to a court-approved plan of arrangement under the Canada
Business Corporations Act among BCT, BC TELECOM Inc. (BC TELECOM) and the
former Alberta-based TELUS Corporation (TC), BCT acquired all of the shares of BC
TELECOM and TC in exchange for Common Shares and Non-Voting Shares of BCT,
and BC TELECOM was dissolved. On May 3, 2000, BCT changed its name to TELUS
Corporation and in February 2005, the Company transitioned under the Business
Corporations Act (British Columbia), successor to the BC Company Act. TELUS
maintains its registered office at Floor 21, 3777 Kingsway, Burnaby, British Columbia
(B.C.) and its executive office at Floor 8, 555 Robson Street, Vancouver, B.C.
Intercorporate Relationships and TELUS Subsidiaries
As of December 31, 2008, the only material subsidiary of TELUS was TELUS
Communications Inc. (TCI), being the only subsidiary which owned assets that constitute
more than 10 per cent of the consolidated assets of TELUS as at December 31, 2008
and generated sales and operating revenues that exceed 10 per cent of the consolidated
sales and operating revenues of TELUS for the year ended December 31, 2008.
TELUS’ wireline and wireless businesses were formerly located in TCI and TELE-
MOBILE Company (TELE-MOBILE), respectively. In 2005, TELUS announced the
merger of those segments into a single operating structure (the wireline-wireless
merger). This was partly effected by way of a legal entity restructure on March 1, 2006
(the 2006 legal entity restructure), at which time TELUS combined its wireline and
wireless businesses into TELUS Communications Company (TCC). TCC is a
partnership organized under the laws of B.C. whose partners are TCI and TELE-
MOBILE. Immediately prior to the 2006 legal entity restructure, 3817873 Canada Inc., a
partner in TELE-MOBILE, was continued into Alberta as 1219723 Alberta ULC.
As part of a year-end internal reorganization in 2008, Emergis Inc. (Emergis), a TELUS
subsidiary acquired in January 2008, became a partner of TELE-MOBILE. In addition,
TELUS Services Inc. and TELUS Communications (Québec) Inc. converted their
shareholding in TCI from preferred shares to ordinary shares.
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