
Telus has announced this morning it has agreed to acquire ADT Canada for roughly $700 million, to expand its security services.
Telus SmartHome Security and Secure Business launched last year and the company says they will hit about 100,000 total security subscribers, prior to the acquisition of ADT.
“Importantly, the ADT Canada acquisition not only expands TELUS’ security business, but also supports the continued advancement of TELUS’ health strategy,” explained a press release.
“This includes enabling Canadians with remote patient care with home health monitoring; and helping Canadians, notably elderly citizens, enjoy their independence with secure, connected technology in the comfort of their own home,” said Telus.
The acquisition will see ADT Canada employees and customers join Telus. ADT Canada’s website says it is the “#1 home security company in Canada”, with “125 years of security expertise,” offering turn-key consumer and business solutions.
Telus says the acquisition is set to close in the fourth quarter, pending regulatory approvals.
Other articles in the category: Telus
Staples to Exclusively Sell Bell Services, Rogers and Telus Dropped
Staples Canada and Bell announced a multi-year exclusive agreement on Tuesday, to sell Bell, Virgin Plus and Lucky Mobile wireless and wireline services at Staples stores across Canada for both consumers and small businesses. Both companies will also partner to sell Bell services to medium businesses through the Staples Professional sales team. Beginning in late […]
Public Mobile Extends 2023 Lunar New Year Promo
Earlier this month, Public Mobile launched a Lunar New Year promo offering a 5GB bonus on select plans. This promo was supposed to end on February 5, 2023, but today Public Mobile says it has been extended. Public Mobile says this Lunar New Year promo is now being extended by a couple of days to […]
Shaw Tells MPs: Telus and Globalive Working Together Like ‘Geppetto’ and ‘Pinocchio’
MPs on the House of Commons' industry and technology committee on Wednesday expressed concerns about the impact of Rogers’ proposed $26 billion takeover of Shaw Communications on jobs, competition, and affordability in Canada's telecommunications sector (via The Globe and Mail). During another hearing on the long-embattled merger just a week before its January 31 deadline,...