TELUS
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TELUS 2000 annual report
Frequently Asked Questions

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Following the acquisitions of Clearnet and 70% of QuébecTel, what can we expect for acquisitions in the future?

> Possible future acquisition activity is expected to be substantially related to the expansion of the development and distribution of our data and IP capabilities on a national basis, enabling us to exploit the expected growth in Enhanced Data markets.

Any possible acquisitions in this area would likely be smaller than the QuébecTel purchase of almost $600 million and could be funded in part with non-cash consideration.

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