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BTCC / BTCC Square / Global Cryptocurrency /
Telus Seeks to Reintegrate Telus Digital to Boost AI Capabilities

Telus Seeks to Reintegrate Telus Digital to Boost AI Capabilities

Author:
Global Cryptocurrency
Published:
2025-06-12 16:12:02
4
2

Telus (TSE:T) has signaled its intent to reclaim full control of its digital services subsidiary, Telus Digital, through a non-binding offer of $3.40 per share. The MOVE aims to accelerate AI development and deployment, though Telus already owns 57% of the subsidiary. Shares of Telus International (TIXT) saw a modest uptick following the announcement.

The acquisition WOULD consolidate Telus''s command over AI innovations within Telus Digital. CEO Darren Entwistle emphasized the strategic value of the deal, though market reaction remained muted, with Telus shares edging up only slightly in early trading.

|Square

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