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TELUS International Cda Inc (TIXT) delivers AI-powered customer experience solutions and digital transformation services across global markets. This news hub provides investors and industry professionals with essential updates on the company developments shaping the CX technology sector.
Access official press releases and curated analysis covering strategic partnerships, technology innovations, and financial performance. Our repository tracks TIXT's advancements in contact center automation, content moderation systems, and multi-industry BPO solutions while maintaining strict compliance with financial disclosure standards.
Key updates include earnings announcements, leadership changes, service expansions, and technology deployments across its core verticals: tech, healthcare, fintech, and eCommerce. Monitor the company's European market growth and AI integration strategies through verified sources updated in real time.
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TELUS International has launched SPACE, a new virtual recruitment platform aimed at revolutionizing the hiring process. This immersive platform allows job seekers to navigate through a game-like environment, complete interviews, and sign contracts from anywhere in the world. It enhances candidate engagement while broadening the talent pool, making recruitment more efficient. With features like customizable avatars, immediate interview opportunities, and accessibility, SPACE aligns with the evolving corporate recruitment landscape shaped by the COVID-19 pandemic.
TELUS International (TIXT,TU) posted Q3 2022 results, reporting $615 million in revenue, an 11% year-over-year increase. Net income rose to $59 million or $0.22 per diluted share, compared to $23 million and $0.09 in Q3 2021. Adjusted EBITDA reached $158 million, a 15% increase. The company's acquisition of WillowTree aims to enhance its digital capabilities. For full-year 2022, revenue is anticipated between $2,450 and $2,490 million, reflecting sustained growth amid macroeconomic challenges.
TELUS International (NYSE: TIXT) has agreed to acquire WillowTree from Insignia Capital Group for an enterprise value of US$1.225 billion. This strategic acquisition is expected to close by January 2023, pending customary conditions and regulatory approvals. WillowTree, established in 2008, specializes in digital product consultancy and has quadrupled its revenue since Insignia's investment in 2018. The acquisition aims to enhance TELUS International's digital solutions capabilities across various industries, including tech, healthcare, and financial services.
TELUS International has announced a definitive agreement to acquire WillowTree for an enterprise value of US$1.225 billion, which includes US$210 million in assumed debt. The acquisition is expected to close in January 2023 and is anticipated to enhance TELUS International's digital consulting capabilities while adding over 50 new marquee brands to its client base. This strategic move aims to diversify geographic presence and bolster technological innovation across key sectors, including health and agriculture, while integrating WillowTree's talented workforce.
TELUS International (TIXT) is set to release its third quarter 2022 results on November 4, 2022, before North American market hours. A conference call will follow at 10:30 a.m. (ET) / 7:30 a.m. (PT) for management to discuss the results, which will include a Q&A session for analysts. The call will be broadcasted live through the TELUS International Investor Relations website and will be available for replay afterwards. The company specializes in delivering digital solutions to improve customer experiences across various industries.
TELUS International, recognized as a 'Leader' by Everest Group in the 2022 PEAK Matrix for Customer Experience Management in the Americas, has demonstrated its innovative capabilities and adaptability amid growing competition. The firm was also named a 'Star Performer' in the EMEA region, highlighting its strong market presence and effective service delivery. According to Everest Group, TELUS International excels in digital solutions, agent engagement, and meeting client expectations, showcasing a robust strategy to maintain its leadership in digital customer experiences.
TELUS International has appointed Beth Howen as its new Chief Transformation Officer, effective immediately. With over 25 years of experience, Howen will enhance the company's digital transformation and customer experience solutions for over 600 clients. Her previous role was as Global Head of Digital Transformation at Atos. The leadership change aims to capitalize on the increasing demand for digital transformation in various sectors including tech, eCommerce, and healthcare. The CEO expressed confidence in Howen's ability to drive growth and innovation.