Canada's TELUS Reaches Tentative Collective Agreement With Workers Union

(RTTNews) - Canadian telecommunications company TELUS Corp (TU, T.TO) Monday said it has agreed terms with the Telecommunications Workers Union, United Steelworkers Local 1944 or TWU of a tentative collective agreement, covering approximately 10,800 TELUS employees nationally.

The TWU has confirmed that it will present the tentative agreement to its membership in the coming weeks. If ratified, the new five-year agreement will take effect later this year and expire on December 31, 2021.

Darren Entwistle, President and CEO of TELUS, said, "The TELUS and TWU negotiations teams have worked together to reach a fair agreement that effectively balances the needs of our team members, customers and shareholders. We are optimistic our frontline team members will agree and will vote in favour of the contract."

He added that a ratified agreement will enable the team to continue supporting the progression of its growth strategy.