Frequently Asked Questions

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Why did TELUS acquire Clearnet Communications?

> Building a national wireless entity capable of pursuing the high-growth market for national wireless voice, data and Internet services was a strategic priority for TELUS. Acquiring Clearnet allowed us to avert the risk of having to acquire spectrum in Industry Canada sponsored auctions, as well as the risks and time to market delays associated with building a greenfield, facilities-based digital wireless operation in Central-Eastern Canada.

The acquisition of Clearnet allowed TELUS Mobility to transform itself overnight from a predominantly regional wireless service provider to the largest national wireless company in Canada in terms of revenue, revenue growth, revenue per subscriber and spectrum position. In addition, Clearnet represented an excellent fit for TELUS Mobility in areas such as distribution and technology platforms (See TELUS Mobility), and offered TELUS significant potential financial synergies, including savings in capital expenditures and operating expenses, revenue synergies and the ability to benefit from Clearnet's tax loss carry-forwards.