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Telus, TWU reach tentative contract

VANCOUVER — Telus (TSX:T) announced Monday that it has reached a tentative contract agreement with the Telecommunications Workers Union covering approximately 12,100 employees nationally.

VANCOUVER — Telus (TSX:T) announced Monday that it has reached a tentative contract agreement with the Telecommunications Workers Union covering approximately 12,100 employees nationally.

No details of the agreement were made public. However, the TWU said it will recommend acceptance of the pact when it is put to the union membership for a vote in the coming weeks.

“We are pleased with the successful talks we have had in partnership with the TWU,” Telus president and DEO Darren Entwistle said in a release.

“We believe this is a progressive agreement that effectively balances the needs of our customers, our team members and our investors.” Telus is one of Canada’s leading telecommunications companies, with $9.8 billion of annual revenue. Its 12.3 million customer connections include seven million wireless subscribers, 3.7 million wireline network access lines, 1.2 million Internet subscribers and more than 300,000 Telus TV customers.