Telus 2012 Annual Report Download - page 5

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5
CORPORATE STRUCTURE
Name, address and incorporation
TELUS was incorporated under the Company Act (British Columbia) (the B.C. 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 B.C. Company Act. On
February 4, 2013, in accordance with the terms of a court-approved plan of arrangement
under the Business Corporations Act (British Columbia), TELUS exchanged all of its
issued and outstanding Non-Voting Shares into Common Shares on a one-for-one basis
(the “Share Exchange”).
TELUS maintains its registered office at Floor 5, 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
The only material subsidiary of TELUS is TELUS Communications Inc. (“TCI”), being the
only subsidiary which owned assets that constitute more than 10% of the consolidated
assets of TELUS and that generated sales and operating revenues that exceed 10% of
the consolidated sales and operating revenues of TELUS for the year ended
December 31, 2012. In addition, all of the assets, sales and operating revenues of
TELUS’ other subsidiaries (other than TCI), together do not exceed 20% of our total
consolidated assets and 20% of our total consolidated sales and operating revenues as
at December 31, 2012.
TELUS’ wireline and wireless businesses are primarily operated through TELUS
Communications Company (“TCC”). TCC is a partnership organized under the laws of
B.C. whose partners are TCI and TELE-MOBILE Company (“TELE-MOBILE”).
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
shareholdings in TCI from preferred shares to ordinary shares.