Telus International IPO Market Cap Hits $8.5 Billion, Makes TSX History
With an initial market capitalization of $8.5 billion, Telus International’s initial public offering (IPO) has surpassed Telus’ valuation from 2000 to becomes the fifth-largest IPO in TSX history by total proceeds raised.
Trading under symbols TSX and NYSE: TIXT, Telus International today closed the largest tech IPO in the history of the Toronto Stock Exchange. As a leading digital customer experience innovator, Telus International delivers next-generation AI and content management solutions for global brands, it says.
“Telus International’s IPO marks a historic milestone for our team members around the world,” said Darren Entwistle, President and CEO of Telus.
“Telus International has been a pillar within Telus dynamic growth strategy, and as Telus International begins this next chapter in its journey, the entire Telus team is thrilled to see our colleagues positioned to realize their goals for future growth, including driving positive outcomes for our customers, shareholders and our communities. We are so proud to support and help drive the continued exciting evolution of Telus International.”
Telus International currently operates in more than 25 countries around the world.