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SurgePays Announces Third Quarter 2024 Financial Results

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1 year ago

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Migration of former ACP Subscribers to Lifeline Well Underway

BARTLETT, Tenn., Nov. 12, 2024 /PRNewswire/ — SurgePays, Inc. (Nasdaq: SURG) (“SurgePays” or the “Company”), a bridging critical financial and connectivity gaps in underserved communities, today announced its financial results for the third quarter ended September 30, 2024.

Management Commentary

Chairman and CEO Brian Cox commented on the quarter’s results, “We anticipated a challenging third quarter, and we seized it as an opportunity to reset, recalibrate, and accelerate. With every team member intensely focused, we’re advancing toward becoming cash flow positive as quickly as possible. We are aligning sales, integration, and strategy to generate new revenue streams across each of our business segments. This quarter wasn’t a setback but a setup, priming us for long-term, sustainable growth.

“In the third quarter of 2024, SurgePays reported $4.8 million in sales, aligning with expectations for our first full quarter without Affordable Connectivity Funding (ACP) since mid-2021. Our Mobile Virtual Network Operator (MVNO) revenue was $23,609 compared to $30.2 million in the same quarter last year, reflecting the anticipated funding shift. Meanwhile, sales in our Prepaid Platform Services segment surged 69% to $4.7 million, showcasing significant growth momentum.

“Gross profit (exclusive of depreciation and amortization) swung to a $7.8 million loss in the third quarter from a $10.5 million profit in the year-ago period due to our strategic decision to utilize our strong balance sheet to protect our previous ACP subscriber base and distribution network. With ACP funding ending, our immediate focus was on how to retain and preserve these hard-earned customers within the SurgePays ecosystem.   We chose to temporarily self-fund our MVNO operations, prioritizing customer continuity while facilitating a seamless transition to Lifeline, another government-subsidized program. By maintaining connectivity for our low-income customers, we made a socially responsible and strategic choice that positions us well for potential long-term economic returns. We expect this decision to be both customer-centered and financially astute in the long run.

“Our recent Master Services Agreement with TerraCom, Inc., a licensed Lifeline provider, represents a pivotal step. This partnership allows us to migrate up to 280,000 subscribers to Lifeline, establishing a steady alternative subsidy channel. In tandem, our sales teams are now actively engaging new customers, reigniting growth initiatives, and leveraging our SurgePays platform’s point-of-sale capabilities at convenience stores. While ACP remains uncertain, our subsidized revenue channel is robustly supported by the Lifeline program. The team and platform built for ACP is now enrolling thousands of Lifeline customers daily without distracting from our core business focus. This department has been overwhelmed and has had to hire additional employees for the sales onboarding team. Our team has now enrolled over 70,000 customers in the Lifeline program, and we believe our Lifeline subscribers potential can far outpace our highest ACP subscriber count.

“Meanwhile, our retail prepaid brand, LinkUp Mobile, has proved to be a more significant opportunity than initially anticipated, and to capture maximum market share, we moved decisively to secure a direct carrier connection. We anticipate this partnership will enable us to quickly generate hundreds of thousands of new subscribers and establish LinkUp Mobile as a formidable presence in the prepaid space.

“Our SurgePays Prepaid Top-ups platform is experiencing exponential growth as a critical element in store readiness for LinkUp Mobile activations. As a prerequisite to LinkUp activations, stores join our platform, which also facilitates prepaid reloads. This channel’s monthly revenue growth has surged nearly 400% in just five months, reaching over $2.2 million in monthly revenue — a trend we expect will continue as market demand intensifies.

“Our ClearLine Point of Sale (POS) SaaS platform is emerging as a high-potential asset within SurgePays. This advanced platform redefines the in-store customer experience by transforming POS terminals and customer-facing screens into interactive engagement tools. ClearLine’s patent-pending application supports in-store marketing campaigns, loyalty enrollment, and QR code interactions, effectively replacing traditional posters with smart TVs for dynamic QR-code advertising and instant coupon redemptions. By enhancing revenue per store and elevating customer satisfaction, ClearLine offers retailers actionable insights, driving growth and loyalty.  Following years of development, ClearLine is now ready for market deployment, and as it gains traction, we anticipate it will contribute meaningfully to consolidated revenues by Q1 2025.

“While we continue investing across our four business channels, we’re also laying a robust foundation for rapid, sustainable growth. Recently, we opened a dedicated sales and operations center in El Salvador, a project over a year in the making and a strategic move in anticipation of growth across all our verticals. Nearly 100 experienced team members, previously outsourced, are now full-time SurgePays employees, bringing continuity and expertise essential for our ambitious expansion and product launches.

This new facility marks a pivotal evolution from our longstanding outsourcing strategy, which enhances customer relationships and maximizes sales opportunities.

“At SurgePays, we’re driven by four pillars of success: team, product, distribution, and funding. With what I believe is the most seasoned team in prepaid wireless, a market-leading product suite, proprietary distribution channels, and $24 million in cash, cash equivelants, and investments as of September 30, 2024, we’re positioned to execute our growth strategy with precision. Over the next few months, we expect each of our four business segments to create a momentum that drives continuous growth and improvement, generating synergistic and scalable recurring revenue.”

Third Quarter 2024 Results Conference Call

SurgePays management will host a webcast today at 5 p.m. ET / 2 p.m. PT to discuss these results.

The live webcast of the call can be accessed on the company’s investor relations website at ir.surgepays.com, or by registering at the following link: Third Quarter Results Call .

Telephone access to the call will be available at 877-545-0320 (in the U.S.) or by dialing 973-528-0002 (outside the U.S.). Participant access code is 801757.

A telephone replay will be available approximately one hour following completion of the call until November 26, 2024. To access the replay, please dial 877-481-4010 (in the U.S.) or 919-882-2331 (outside the U.S.). Replay passcode is 51609.

Share Repurchase Authorization

During the third quarter, SurgePays’ board of directors authorized the company to repurchase up to $5 million of common stock in the open market within six months from implementation of the program.  The company repurchased $485,131 of treasury shares in the third quarter.

About SurgePays, Inc.

SurgePays, Inc. is a technology and telecom company focused on the underbanked and underserved communities. SurgePays’ technology-layered platform empowers clerks at over 8,000 convenience stores to provide a suite of prepaid wireless and financial products to underbanked customers. SurgePays prepaid wireless companies provide services to over 250,000 low-income subscribers nationwide. The company ranks as the 345th fastest-growing tech company in North America according to the 2023 Deloitte Technology Fast 500. Please visit SurgePays.com for more information.

Cautionary Note Regarding Forward-Looking Statements

This press release includes express or implied statements that are not historical facts and are considered forward-looking within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act. Forward-looking statements involve substantial risks and uncertainties. Forward-looking statements generally relate to future events or our future financial or operating performance and may contain projections of our future results of operations or of our financial information or state other forward-looking information. In some cases, you can identify forward-looking statements by the following words: “may,” “will,” “could,” “would,” “should,” “expect,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “project,” “potential,” “continue,” “ongoing,” “attempting,” or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words.

Although we believe that the expectations reflected in these forward-looking statements such as regarding our market potential along with the statements under the heading Management Commentary are reasonable, these statements relate to future events or our future operational or financial performance and involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by these forward-looking statements including but not limited to, our plans to expand our prepaid wireless company and the stock buyback program, our ability to retain our subscribers on a free monthly plan subsidized by a sister program, our ability to obtain a company that has the license to subsidize our subscribers through a sister program and our expanded service and offerings . Furthermore, actual results may differ materially from those described in the forward-looking statements and will be affected by a variety of risks and factors that are beyond our control, including, without limitation, whether the ACP is funded again, our ability to obtain a company that has the license to subsidize our subscribers through a sister program, statements about our future financial performance, including our revenue, cash flows, costs of revenue and operating expenses; our anticipated growth; and our predictions about our industry. The forward-looking statements contained in this release are also subject to other risks and uncertainties, including those more fully described in our filings with the Securities and Exchange Commission (“SEC”), including in our Annual Report on Form 10-K for the fiscal year ended December 31, 2023. The forward-looking statements in this press release speak only as of the date on which the statements are made. We undertake no obligation to update, and expressly disclaim the obligation to update, any forward-looking statements made in this press release to reflect events or circumstances after the date of this press release or to reflect new information or the occurrence of unanticipated events, except as required by law.

SurgePays, Inc. and Subsidiaries

Consolidated Balance Sheets

September 30, 2024

December 31, 2023

(Unaudited)

Assets

Current Assets

Cash and cash equivalents

$                    13,651,559

$                  14,622,060

Investments

10,068,506

–

Accounts receivable – net

1,513,996

9,536,074

Inventory

8,363,138

9,046,594

Prepaids and other

312,679

161,933

Total Current Assets

33,909,878

33,366,661

Construction-in-process

518,189

–

Property and equipment – net

158,092

361,841

Other Assets

Note receivable

176,851

176,851

Intangibles – net

1,636,339

2,126,470

Internal use software development costs – net

372,303

539,424

Goodwill

4,166,782

1,666,782

Investment in CenterCom

498,273

464,409

Operating lease – right of use asset – net

62,786

387,869

Deferred income taxes – net

–

2,835,000

Total Other Assets

6,913,334

8,196,805

Total Assets

$                    41,499,493

$                  41,925,307

Liabilities and Stockholders’ Equity

Current Liabilities

Accounts payable and accrued expenses

$                      3,173,968

$                    6,439,120

Accounts payable and accrued expenses – related party

462,376

1,048,224

Accrued income taxes payable

100,000

570,000

Deferred revenue

–

20,000

Operating lease liability

50,415

43,137

Note payable – related party

1,647,491

4,584,563

Total Current Liabilities

5,434,250

12,705,044

Long Term Liabilities

Note payable – related party

2,303,989

–

Notes payable – SBA government

472,135

460,523

Operating lease liability

13,132

356,276

Total Long Term Liabilities

2,789,256

816,799

Total Liabilities

8,223,506

13,521,843

Stockholders’ Equity

Common stock, $0.001 par value, 500,000,000 shares authorized

  19,931,549 shares issued and 19,650,779 shares outstanding,
respectively, at September 30, 2024  

  14,403,261 shares issued and outstanding at December 31, 2023

19,935

14,404

Additional paid-in capital

74,725,651

43,421,019

Treasury stock – at cost (280,770 and 0 shares, respectively)

(485,131)

–

Accumulated deficit

(41,102,720)

(15,186,203)

Stockholders’ equity

33,157,735

28,249,220

  Non-controlling interest

118,252

154,244

Total Stockholders’ Equity

33,275,987

28,403,464

Total Liabilities and Stockholders’ Equity

$                    41,499,493

$                  41,925,307

 

SurgePays, Inc. and Subsidiaries

Consolidated Statements of Operations

(Unaudited)

For the Three Months Ended September 30,

For the Nine Months Ended September 30,

2024

2023

2024

2023

Revenues

$                     4,769,697

$                    34,160,834

$                   51,284,531

$                  104,823,710

Costs and expenses

Cost of revenues

12,602,057

23,680,247

54,377,300

76,622,912

General and administrative expenses

6,448,402

3,389,015

20,312,185

10,201,663

Total costs and expenses

19,050,459

27,069,262

74,689,485

86,824,575

Income (loss) from operations

(14,280,762)

7,091,572

(23,404,954)

17,999,135

Other income (expense)

Interest expense

(112,814)

(130,335)

(362,119)

(478,928)

Loss on lease termination – net

(194,862)

(194,862)

Other income

239

–

637,107

–

Interest income

183,537

183,537

Unrealized gains – investments

38,292

38,292

Dividends, interest and other income – investments

86,626

86,626

Gain on investment in CenterCom

–

51,894

33,864

95,636

Total other income (expense) – net

1,018

(78,441)

422,445

(383,292)

Net income (loss) before provision for income taxes

(14,279,744)

7,013,131

(22,982,509)

17,615,843

Provision for income tax benefit (expense)

–

–

(2,970,000)

–

Net income (loss) including non-controlling interest

(14,279,744)

7,013,131

(25,952,509)

17,615,843

Non-controlling interest

(4,397)

(71,170)

(35,992)

19,209

Net income (loss) available to common stockholders

$                  (14,275,347)

$                       7,084,301

$                  (25,916,517)

$                    17,596,634

Earnings per share – attributable to common stockholders

    Basic

$                             (0.73)

$                                0.50

$                             (1.37)

$                               1.24

    Diluted

$                             (0.73)

$                                0.49

$                             (1.37)

$                               1.19

Weighted average number of shares outstanding – attributable
to common stockholders

    Basic

19,689,010

14,291,263

18,940,689

14,205,127

    Diluted

19,689,010

14,507,984

18,940,689

14,740,201

 

SurgePays, Inc. and Subsidiaries

Consolidated Statements of Changes in Stockholders’ Equity

For the Three and Nine Months Ended September 30, 2024

(Unaudited)

 Additional

 Total

Common Stock

 Paid-in

 Accumulated 

Treasury Stock

Non-Controlling

 Stockholders’

Shares

 Amount

 Capital

 Deficit

Shares

 Amount

Interest

 Equity

December 31, 2023

14,403,261

$    14,404

$     43,421,019

$     (15,186,203)

$                     –

$                              –

$                154,244

$        28,403,464

Stock issued for cash

3,080,356

3,081

17,246,913

–

–

–

–

17,249,994

Cash paid as direct offering costs

–

–

(1,395,000)

–

–

–

–

(1,395,000)

Exercise of warrants – cash

1,860,308

1,861

8,797,396

–

–

–

–

8,799,257

Exercise of warrants – cashless

40,238

41

(41)

–

–

–

–

–

Stock issued for services

47,386

48

411,692

–

–

–

–

411,740

Recognition of stock based compensation – unvested
shares – related parties

–

–

1,497,417

–

–

–

–

1,497,417

Recognition of stock-based compensation – related party

–

–

6,196

–

–

–

–

6,196

Non-controlling interest

–

–

–

–

–

–

(12,164)

(12,164)

Net income

–

–

–

1,224,595

–

–

–

1,224,595

March 31, 2024

19,431,549

19,435

69,985,592

(13,961,608)

–

–

142,080

56,185,499

Recognition of stock based compensation – unvested
shares – related parties

–

–

2,981,577

–

–

–

–

2,981,577

Non-controlling interest

–

–

–

–

–

–

(19,431)

(19,431)

Net loss

–

–

–

(12,865,765)

–

(12,865,765)

June 30, 2024

19,431,549

19,435

72,967,169

(26,827,373)

–

–

122,649

46,281,880

Recognition of stock based compensation – unvested
shares – related parties

500,000

500

1,758,482

–

–

–

–

1,758,982

Treasury shares repurchased (share buy-backs)

–

–

–

–

280,770

(485,131)

–

(485,131)

Non-controlling interest

–

–

–

–

–

–

(4,397)

(4,397)

Net loss

–

–

–

(14,275,347)

–

–

–

(14,275,347)

September 30, 2024

19,931,549

$    19,935

$     74,725,651

$     (41,102,720)

280,770

$           (485,131)

$                118,252

$        33,275,987

Per TB/ISL

19,931,549

$    19,935

$     74,725,651

$     (41,102,720)

$           (485,131)

$                118,252

Difference

–

–

–

(0)

–

0

33,275,987

 

SurgePays, Inc. and Subsidiaries

Consolidated Statements of Cash Flows

(Unaudited)

For the Nine Months Ended September 30,

2024

2023

Operating activities

Net income (loss) – including non-controlling interest

$                 (25,952,509)

$                    17,615,843

Adjustments to reconcile net income (loss) to net cash provided by (used in) operations

  Depreciation and amortization

693,880

701,279

  Amortization of right-of-use assets

70,857

32,426

  Amortization of internal use software development costs

167,121

96,795

  Stock issued for services

411,740

874,284

  Recognition of stock based compensation – unvested shares – related parties

6,237,976

–

  Recognition of share based compensation – options – related party

6,196

27,882

  Interest expense adjustment – SBA loans

19,750

–

  Right-of-use asset lease payment adjustment true up

(148,584)

–

  Gain on equity method investment – CenterCom

(33,864)

(95,637)

  Cash paid for lease termination

(212,175)

–

  Loss on lease termination – net

194,862

–

Changes in operating assets and liabilities

  (Increase) decrease in

    Accounts receivable

8,022,078

(544,063)

    Inventory

683,456

(3,363,165)

    Prepaids and other

(150,746)

(86,355)

    Deferred income taxes – net

2,835,000

–

  Increase (decrease) in

    Accounts payable and accrued expenses

(5,765,152)

1,048,750

    Accounts payable and accrued expenses – related party

(86,857)

(726,163)

    Accrued income taxes payable

(470,000)

–

    Installment sale liability – net

–

(7,097,838)

    Deferred revenue

(20,000)

(125,110)

    Operating lease liability

84,257

(29,230)

Net cash provided by (used in) operating activities

(13,412,714)

8,329,698

Investing activities

Advances made for construction-in-process costs

(518,189)

–

Capitalized internal use software development costs

–

(281,304)

Purchase of investments – net

(10,068,506)

–

Net cash used in investing activities

(10,586,695)

(281,304)

Financing activities

Proceeds from stock issued for cash

17,249,994

–

Proceeds from exercise of common stock warrants

8,799,257

207,240

Cash paid as direct offering costs

(1,395,000)

–

Repayments of loans – related party

(1,132,074)

(1,017,385)

Repayments on notes payable

–

(1,531,478)

Repayments on notes payable – SBA government

(8,138)

(10,976)

Treasury shares repurchased (share buy-backs)

(485,131)

–

Net cash provided (used in) by financing activities

23,028,908

(2,352,599)

Net increase (decrease) in cash and cash equivalents

(970,501)

5,695,795

Cash and cash equivalents – beginning of period

14,622,060

7,035,654

Cash and cash equivalents – end of period

$                     13,651,559

$                     12,731,449

Supplemental disclosure of cash flow information

Cash paid for interest

$                          372,579

$                          209,840

Cash paid for income tax

$                                      –

$                                      –

Supplemental disclosure of non-cash investing and financing activities

Reclassification of accrued interest – related party to note payable – related party

$                          498,991

$                                      –

Exercise of warrants – cashless

$                                   41

$                                      –

Termination of ROU operating lease assets and liabilities

$                          309,826

Right-of-use asset obtained in exchange for new operating lease liability

$                            98,638

$                                      –

Goodwill (ClearLine Mobile, Inc.)

$                       2,500,000

$                                      –

 

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SOURCE SurgePays

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How a Unified Monetization Solution Is Driving eCPM and Revenue Growth for Casual Games Worldwide

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View original content:https://www.prnewswire.com/news-releases/how-a-unified-monetization-solution-is-driving-ecpm-and-revenue-growth-for-casual-games-worldwide-302767432.html

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Building on Fox ESS’ proven strengths, compact design and high capacity, CQ7 V6+ is well suited to medium-sized households and ensure the free use of electricity and maximize the self-consumption.EQ4800 High Voltage Battery (28kWh)
A reliable choice for smaller households, designed for efficient day-to-day energy storage.

Alongside its battery range, Fox ESS showcased all-in-one systems, including Stackable AIO and EVO, designed to simplify installation while maintaining a high standard of design and presentation.

Inverters

Fox ESS offers a range of inverters to suit local requirements, supported by up to 200% PV oversizing and a 10-year product warranty.

Single-phase: H1‑G2 (3–6kW); KH series (7–10.5kW)Three-phase: H3 Smart (5–15kW); H3 Pro (15–29.9kW); H3 Plus (50–125kW)

EV Chargers

With EV adoption accelerating, Fox ESS also offers EV charging solutions with solar linkage, designed to work across its inverter portfolio. The chargers provide robust, smart energy management, including dynamic load balancing to help protect home circuits.

A Series (7.3kW / 11kW / 22kW): IP65 and IK08 protection, OCPP-compliant.L Series (7.3kW / 11kW): straightforward installation with multiple colour options.

Big Battery Still Takes Centre Stage

As the Cheaper Home Battery Program moves into a new phase under an updated rebate policy, interest in larger battery systems continues to grow, particularly as more households consider EV upgrades amid rising fuel costs. More EVs typically mean households need greater energy availability, making higher-capacity storage an increasingly attractive option.

Looking ahead, from 1 July 2026, the Australian Government’s Solar Sharer Offer (SSO) will provide eligible households with three hours of free daily electricity to align with peak solar generation. Households with larger batteries will be well placed to make the most of this opportunity.

Fox ESS is also working with local VPP partners, including Amber Electric and Origin Loop VPP, helping homeowners unlock maximum value while supporting greater grid stability.

Maimai Comes Alive at the Exhibition

Visitors to the Fox ESS stand experienced a full programme of brand activations across the event. Following the online announcement, Sydney served as Maimai’s first physical stop, bringing the community together for face-to-face engagement. Attendees queued to take photos with the brand’s friendly and recognisable mascot.

Long-Term Commitment to Australia

Fox ESS has opened two local offices in Melbourne and Sydney, with more than 30 dedicated specialists supporting local customer needs. The company is also looking to play a wider role in Australia’s energy transition.

Notably, Ian Thorpe made his first in-person appearance at Fox Night, where he presented partners with awards. At the event party, Fox ESS also hosted a battery installation challenge, featuring eight rounds of competition, with the final winners receiving a range of prizes.

“We’re delighted to see such a strong result following the rollout of local policy. With nearly 400,000 Australian households now installing batteries, Fox ESS has played a key role, but this is only the beginning. We’re committed to keeping momentum and helping make a smarter, more reliable energy future a reality for more homes.” said Brooks Richard Geng, APAC & Middle East Managing Director, Fox ESS.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/fox-ess-celebrates-strong-momentum-with-integrated-solar-storage–charging-solutions-at-smart-energy-2026-302767429.html

SOURCE Fox ESS

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Technology

TELUS announces election of directors

Published

2 hours ago

on

May 9, 2026

By

VANCOUVER, BC, May 8, 2026 /CNW/ – TELUS Corporation (TELUS) (TSX: T) (NYSE: TU) announced today that the nominees listed in TELUS’ 2026 information circular were elected as directors of TELUS. The detailed results of the vote for the election of directors held at TELUS’ annual meeting on May 8, 2026 (the Meeting) are set out below.

Each of the following 14 nominees proposed by management was elected as a director of TELUS:

Nominee

Votes For  

% Votes For  

Votes Withheld  

% Votes Withheld 

Raymond T. Chan

592,322,965

97.91

12,667,245

2.09

Hazel Claxton

599,400,953

99.08

5,589,256

0.92

Lisa De Wilde

583,361,107

96.42

21,629,103

3.58

Victor Dodig

593,352,117

98.08

11,638,092

1.92

Darren Entwistle

586,791,970

96.99

18,198,239

3.01

Thomas Flynn

596,684,564

98.63

8,305,646

1.37

Mary Jo Haddad

577,841,419

95.51

27,148,791

4.49

Martha Hall Findlay     

595,075,545

98.36

9,914,665

1.64

Christine Magee

597,282,615

98.73

7,707,595

1.27

John Manley

579,845,538

95.84

25,144,672

4.16

David Mowat

592,867,380

98.00

12,122,830

2.00

Marc Parent

577,961,748

95.53

27,028,461

4.47

Denise Pickett

596,211,746

98.55

8,778,464

1.45

W. Sean Willy

595,898,668

98.50

9,091,541

1.50

Final voting results on all matters voted on at the Meeting will be published shortly on telus.com/agm, and filed with the Canadian and U.S. securities regulators.

About TELUS

TELUS (TSX: T, NYSE: TU) is a world-leading communications technology company operating in more than 45 countries and generating over $20 billion in annual revenue with more than 21 million customer connections through our advanced suite of broadband services for consumers, businesses and the public sector. We are committed to leveraging our technology to enable remarkable human outcomes. TELUS is passionate about putting our customers and communities first, leading the way globally in client service excellence and social capitalism. TELUS Health is enhancing approximately 170 million lives across 200 countries and territories through innovative preventive medicine and well-being technologies. TELUS Agriculture & Consumer Goods utilizes digital technologies and data insights to optimize the connection between producers and consumers. TELUS Digital specializes in digital customer experiences and future-focused digital transformations that deliver value for their global clients. Guided by our enduring ‘give where we live’ philosophy, TELUS continues to invest in initiatives that support education, health and community well-being. In 2023, we launched the TELUS Student Bursary, which strives to ensure that every young person in Canada who wants a postsecondary education has the opportunity to pursue one. To date, the program has distributed over $6 million in bursaries to 2,000 students and counting. Since 2000, TELUS, our team members and retirees have contributed $1.85 billion in cash, in-kind contributions, time and programs, including 2.5 million days of service–earning TELUS the distinction of the world’s most giving company.

For more information, visit telus.com or follow @Darren_Entwistle on Instagram.

For more information, please contact:

Jacinthe Beaulieu
TELUS Media Relations
Jacinthe.Beaulieu@telus.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/telus-announces-election-of-directors-302767404.html

SOURCE TELUS Communications Inc.

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