VANCOUVER, Aug. 13 /CNW/ - TELUS Corporation today filed a preliminary
short form base shelf prospectus and a registration statement with securities
regulators in Canada and the United States, respectively. This will enable
TELUS to offer and issue up to Cdn$4 billion of debt, equity and/or warrants
from time to time during the 25-month period after the shelf prospectus
becomes final and the registration statement becomes effective. The shelf
prospectus and registration statement, upon becoming final, will replace
TELUS' existing shelf prospectus and registration statement that expire on
September 30, 2009.
The preliminary shelf prospectus will not become final until a final
shelf prospectus is filed with securities regulatory authorities in Canada and
a receipt obtained. A registration statement relating to these securities has
been filed with the Securities and Exchange Commission ("SEC") but has not yet
become effective. These securities may not be sold nor may offers to buy be
accepted prior to the time the receipt for the final prospectus is obtained in
Canada and the registration statement becomes effective. This news release
shall not constitute an offer to sell or the solicitation of an offer to buy,
nor shall there be any sale of these securities in any jurisdiction in which
such an offer, solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such jurisdiction.
TELUS has no immediate intention to offer securities pursuant to the
shelf prospectus or registration statement.
A copy of the preliminary shelf prospectus will be available on SEDAR
(www.sedar.com) and on EDGAR (www.sec.gov) or may be obtained on request from
the contacts listed below.
TELUS (TSX: T, T.A; NYSE: TU) is a leading national telecommunications
company in Canada, with $9.7 billion of annual revenue and 11.8 million
customer connections including 6.3 million wireless subscribers, 4.1 million
wireline network access lines, 1.2 million Internet subscribers and more than
100,000 TELUS TV customers. Led since 2000 by President and CEO, Darren
Entwistle, TELUS provides a wide range of communications products and services
including data, Internet protocol (IP), voice, entertainment and video.
Forward Looking Statements
This news release contains forward looking statements. Forward looking
statements are not based on historical facts, but rather on current
expectations, Company assumptions and projections about future events, and are
therefore subject to risks and uncertainties which could cause actual results
to differ materially from the future results expressed or implied by the
forward looking statements. Such statements are qualified in their entirety by
the inherent risks and uncertainties surrounding future expectations. Company
assumptions and risk factors are listed from time to time in TELUS' reports,
public disclosure documents including Management's discussion and analysis,
Annual Information Form, and in other filings with securities regulatory
authorities in Canada and the United States.
For further information:
For further information: Robert Mitchell, TELUS Investor Relations,
(416) 279-3219, email@example.com; Shawn Hall, TELUS Media Relations, (604)