TELUS Increases Stake in TELUS Digital via Market Purchases

TELUS Corporation Acquires TELUS Digital

October 31, 2025

Cloud & SaaS

TELUS Corporation completed the acquisition of all outstanding shares of TELUS Digital for US$4.50 per share (approximately US$539 million aggregate consideration), taking TELUS Digital private and making TELUS the 100% owner. The deal is intended to accelerate integration of AI-powered digital customer experience, SaaS capabilities and cross‑company growth opportunities across TELUS’ telecommunications, health, agriculture and consumer goods businesses while delivering operational synergies.

TELUS International Acquires WillowTree for US$1.225B

October 27, 2022

IT Services

TELUS International has entered a definitive agreement to acquire WillowTree, a Charlottesville-based digital product consultancy, for a total enterprise value of US$1.225 billion. The acquisition, in which majority stakeholder Insignia Capital Group will sell its stake, expands TELUS International’s digital design and engineering capabilities, client roster and onshore/nearshore delivery footprint; the deal is expected to close in January 2023 subject to customary conditions.

TELUS Acquires LifeWorks Inc.

June 16, 2022

Healthcare Services

TELUS Corporation agreed to acquire all outstanding common shares of LifeWorks Inc. in a transaction valued at approximately C$2.9 billion including net debt. The deal (court-approved plan of arrangement) offers LifeWorks shareholders cash, share, or combination consideration and is intended to create a global leader in employer-focused digital and in-person health, wellbeing and mental-health services by combining TELUS Health and LifeWorks.

Telarus Acquires Comtel Communications

June 16, 2021

Telecommunications

Telarus, the largest privately held technology services distributor, has acquired Comtel Communications, a Richmond, Virginia-based telecom master agency. The deal expands Telarus' partner network and resources to support Comtel's subagents, aiming to drive growth, secure partnerships, and improve partner earnings and support.

Spectral Capital Corporation Acquires Telvantis Voice Services, Inc.

December 31, 2025

Telecommunications

Spectral Capital Corporation completed the acquisition of Telvantis Voice Services, Inc., effective December 31, 2025, in an all‑stock transaction (1,500,000 shares issued at closing plus up to 8,500,000 earn‑out shares tied to 2026 performance). Telvantis Voice, an enterprise-grade voice, routing and communications infrastructure platform, will be consolidated into Spectral's results as part of Spectral's strategy to assemble digital infrastructure businesses and pursue $450 million in profitable revenue in 2026.

iQSTEL Acquires 51% Stake in QXTEL

January 23, 2024

Telecommunications

iQSTEL Inc. has entered into a binding agreement to acquire 51% of the capital stock of QXTEL, a wholesale telecommunications provider with offices across Miami, London, Buenos Aires, Istanbul, Belgrade and Dubai. Management said the deal nearly doubles iQSTEL's revenue, brings new wholesale carrier customers and executive talent, and will be integrated to drive operating efficiencies and margin expansion.