Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Toronto Stock Exchange  >  TELUS Corporation    T   CA87971M1032

TELUS CORPORATION (T)
Mes dernières consult.
Most popular
Report
SummaryChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

TELUS Corporation : Mason Capital Comments on TELUS Press Release Regarding ISS and Glass Lewis Reports

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/24/2012 | 10:30pm CET

Mason Capital Management LLC ("Mason") today issued the following statement in response to the press release issued today by TELUS Corporation (TSX:T; TSX:T.A; NYSE: TU) regarding the reports issued on April 23, 2012, by Institutional Shareholder Services ("ISS") and Glass Lewis & Co. ("Glass Lewis") regarding the proposal by TELUS to convert all of its non-voting shares into voting shares on a one-to-one basis:

"TELUS' claims of ISS and Glass Lewis support are premature. ISS and Glass Lewis did not have the benefit of the reasons for voting against TELUS' proposed share reorganization, which Mason publicly announced yesterday. Glass Lewis has retracted their report and ISS will review our analysis and rationale and update their recommendation accordingly. In addition, TELUS' announcement that it is now offering cash for retail shareholder votes in favor of their plan only demonstrates that the right to vote has real value."

Mason Capital is a New York based investment fund with offices in New York, London and San Francisco and has been in business since 2000. Mason Capital has a long history of investing in Canada. It is the largest shareholder and is represented on the board of directors of ATS Automation Tooling Systems, a TSX-listed company.

Sard Verbinnen & Co
Jonathan Gasthalter/Dan Gagnier/Brooke Gordon
+1-212-687 8080


© Business Wire 2012
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on TELUS CORPORATION
12/08 TELUS CORPORATION : ex-dividend day
12/06 TELUS : Watch your favourite show on any device, from anywhere, at any time with..
11/20 TELUS : joins Rogers in seeking to extend wireless code Dec. 1 deadline
11/16 TELUS : Tunstall and TELUS Health to offer Canadian patients improved healthcare..
11/10 Algoma Central, Baylin Hit 52-Week Highs on News
11/09 SHAW COMMUNICATIONS : Telus misses profit estimates as it spends heavily to add ..
11/09 TELUS CORPORATION : to Host Earnings Call
11/09 IPHONES POSITION TELUS WELL FOR Q4, : Ceo
11/09 TELUS : misses 3Q profit forecasts
11/09 TELUS CORPORATION : () announces a quarterly dividend of  $0.51
More news
News from SeekingAlpha
12/12 Top Dividend Raises And Cuts For November 2017
12/11 Blue Jays' Long-Term Potential Is Reason To Own Rogers Over Competitors
11/30 TELUS : The 'Future Is Friendly' For Investors
11/13 TELUS Corporation 2017 Q3 - Results - Earnings Call Slides
11/12 Canadian Dividend All-Stars Expected To Announce Dividend Increases - Nov 13-..
Financials ( CAD)
Sales 2017 13 291 M
EBIT 2017 2 590 M
Net income 2017 1 477 M
Debt 2017 13 274 M
Yield 2017 4,06%
P/E ratio 2017 19,30
P/E ratio 2018 17,67
EV / Sales 2017 3,16x
EV / Sales 2018 3,02x
Capitalization 28 705 M
Chart TELUS CORPORATION
Duration : Period :
TELUS Corporation Technical Analysis Chart | T | CA87971M1032 | 4-Traders
Technical analysis trends TELUS CORPORATION
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 20
Average target price 50,7  CAD
Spread / Average Target 4,4%
EPS Revisions
Managers
NameTitle
Darren Entwistle President, Chief Executive Officer & Director
Richard H. Auchinleck Independent Chairman
Phil Bates VP-Operations & Broad Band Networks
Doug French Chief Financial Officer & Executive Vice President
John Stewart Lacey Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
TELUS CORPORATION12.52%22 375
VERIZON COMMUNICATIONS-5.55%215 762
NIPPON TELEGRAPH AND TELEPHONE CORP15.15%105 903
DEUTSCHE TELEKOM-6.27%85 569
TELEFONICA-2.20%51 240
ORANGE1.42%46 091