Telus 2010 Annual Report Download - page 179

TELUS 2010 annual report . 175
INVESTOR INFORMATION
Investor relations activities
2010 conferences and meetings
.Conference calls with webcast – four quarterly earnings calls and
one 2011 targets call
.Annual and special meeting with webcast
.Three conference presentations – two in Canada and one in the
United States – two were webcast for easy access for shareholders
.Meetings with 204 investors – 151 in Canada, including calls using
Cisco Telepresence, a high-definition video-conferencing service,
and 14 Optik TV demonstrations.
2010 key investment events
.In June, TELUS launched the Optik brand, bringing together TELUS’
most advanced home services – Optik TV, powered by Microsoft
Mediaroom, and Optik High Speed, offering Internet access speeds
of up to 25 megabits per second (Mbps)
.In July, TELUS issued 10-year 5.05% Notes raising approximately
C$1 billion. The proceeds were used to fund the redemption of
US$613 million of TELUS’ outstanding 8% U.S. dollar 2011 Notes
and to terminate associated cross-currency interest rate swaps
.In August, TELUS began deploying dual-cell technology on its HSPA+
network for launch in March 2011 in select cities
.In November, TELUS launched the Clear and Simple Device Upgrade
program to help consumers obtain the latest TELUS devices faster
without waiting for contract renewal time
.Higher dividend payout ratio guideline of 55 to 65% of sustainable
net earnings, on a prospective basis, was set in May
.Aligned with our dividend growth model, TELUS increased the
dividend twice in 2010 to $2.10 annually or $0.525 per quarter,
which reflects a 10.5% increase from a year ago.
2010 awards
.The 2009 TELUS annual report placed sixth in the world in the
Annual Report on Annual Reports, making TELUS the only company
ranked in the top 10 for seven straight years
.TELUS received four awards from the Canadian Institute of Chartered
Accountants (CICA) for our 2009 corporate reporting package:
.Overall Award of Excellence for Corporate Reporting
.Award of Excellence for Corporate Reporting in the Communications
and Media sector
.Honourable Mention for Excellence in Corporate Governance
Disclosure
.Honourable Mention for Excellence in Sustainable Development
Reporting
.TELUS, for the second consecutive year, was named one of Canada’s
Top 100 Employers for 2011 by Mediacorp Canada
.TELUS was honoured with the 2010 Freeman Philanthropic Services
Award for Outstanding Corporation by the Association of Fundraising
Professionals
.TELUS was recognized by Mediacorp Canada as one of Canada’s
Best Diversity Employers for the third consecutive year
.For the second consecutive year, TELUS was included on the Global
100 Most Sustainable Corporations list in 2010 by Corporate Knights.
Analyst coverage
As of February 2011, 17 equity analysts covered TELUS. For a detailed
list, see the investor fact sheet on telus.com/investors.
Information for security holders outside of Canada
Cash dividends paid to shareholders resident in countries with which
Canada has an income tax convention are usually subject to Canadian
non-resident withholding tax of 15%. If you have any questions, contact
Computershare. For individual investors who are U.S. citizens and/or
U.S. residents, quarterly dividends paid on TELUS Corporation common
and non-voting shares are considered qualified dividends under the
Internal Revenue Code and may be eligible for special U.S. tax treatment.
Reservation system – non-Canadian common shares
Under federal legislation, total non-Canadian ownership of common
shares of Canadian telecommunications companies, including TELUS,
is limited to 331⁄3%. A reservation system controls this level. This system
requires non-Canadian purchasers of common shares to obtain a reser-
vation number from Computershare by contacting the Reservations Unit
at 1-877-267-2236 (toll-free) or [e-mail].
The purchaser is notified within two hours if common shares are available
for registration. No requests have been turned down in the past eight
years. There are no ownership restrictions on non-voting shares.
Merger and acquisitions – shareholder impact
Emergis
TELUS completed its offer to purchase all of the outstanding common
shares of Emergis Inc. for $8.25 cash per common share on January 17,
2008. If you still hold share certificates for Emergis, you must tender your
shares to Computershare to receive a cash payment.
Clearnet
TELUS completed its offer to purchase all of the outstanding common
shares of Clearnet Communications Inc. on January 12, 2001. If you
still hold share certificates for Clearnet, you must tender your shares to
Computershare to receive a cash payment.
Upon exchange of your Clearnet shares for TELUS non-voting
shares, you will receive dividend payments retroactive to April 1, 2001.
BC TELECOM, TELUS and QuébecTel
The common shares of BC TELECOM, pre-merger TELUS Corporation
and QuébecTel no longer trade on any stock exchange. If you did not
exchange your share certificates by the expiry date of January 31, 2005
for BC TELECOM and pre-merger TELUS Corporation, and June 1, 2006
for QuébecTel, you ceased to have any claim against TELUS or any
entitlement relating to those shares. If you have questions regarding
unexchanged share certificates, please contact Computershare.
For capital gains purposes, valuation dates and prices are as follows:
Price when
exchanged into
(C$) Valuation date Price TELUS shares
BC TELECOM December 22, 1971 6.375 6.375
BC TELECOM February 22, 1994 25.250 25.250
Pre-merger TELUS February 22, 1994 16.875 21.710
Visit telus.com/m&a for additional
information on how your shareholdings
have been affected by various merger
and acquisition transactions.