VANCOUVER – TELUS International (TSX and NYSE: TIXT) closed the largest tech IPO (initial public offering) in TSX (Toronto Stock Exchange) history. With an initial market capitalization of $8.5 billion, TELUS International’s IPO surpasses TELUS’ valuation from 2000, and becomes the fifth largest IPO in TSX history by total proceeds raised.
“TELUS International’s IPO marks an historic milestone for our team members around the world. Over the past decade-and-a-half, thanks to the passion, talent and innovation of our global team, TELUS International has evolved as an organization, demonstrating world leadership in customer service excellence, digital transformation, and heartfelt caring in the communities where our team members live, work and serve. Our global team has played a pivotal role in achieving and maintaining world-leading customer service excellence, evidenced by a decade of continued top rankings by our independent regulator as consistently having the fewest customer complaints amongst national carriers,” said Darren Entwistle, President and CEO of TELUS. “TELUS International has been a pillar within TELUS’ dynamic growth strategy, and as TELUS International begins this next chapter in its journey, the entire TELUS team is thrilled to see our colleagues positioned to realize their goals for future growth, including driving positive outcomes for our customers, shareholders and our communities. We are so proud to support and help drive the continued exciting evolution of TELUS International.”
TELUS International designs, builds and delivers next-generation digital solutions to enhance the customer experience (CX) for global and disruptive brands. The company’s services support the full lifecycle of its clients’ digital transformation journeys and enable them to more quickly embrace next-generation digital technologies to deliver better business outcomes.
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