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News Release

Green piece: TELUS acquires Fastvibe to help Canadian businesses reduce travel, improve communications

January 30, 2008 FOR IMMEDIATE RELEASE

Toronto-based Fastvibe delivers superior Web streaming experience for customers

Toronto, ON – TELUS announced today that it has acquired Toronto-based Fastvibe Corporation, a leading provider of innovative Web streaming solutions for business. The purchase price was not disclosed.

The Fastvibe team brings unique technical, event and production Web streaming management expertise to TELUS. The acquisition strengthens TELUS’ technology solutions portfolio by offering Canadian businesses an environmentally responsible and cost effective way to deliver information like training, employee communications and investor information to staff and stakeholders who are geographically dispersed.

"We are very pleased to welcome the Fastvibe team to TELUS," said David Fuller, senior vice president, solutions and products, TELUS Business Solutions. "Business today is global. By acquiring one of Canada's most successful and innovative Web streaming providers, TELUS can provide our customers with another leading collaboration solution that allows them to reduce travel while improving the quality of communications for business."

Fastvibe delivers truly unique "streaming" software. Their custom application takes live or pre-recorded video and audio, and custom wraps it with an organization’s communication tools including logo, brand colours, images and PowerPoint presentations. The Webcast is supplied with a quality of video service that is superior to any other product in the market. The software also provides for chat, question and answer, and poling capabilities.

"This is a positive development for our company, our customers and our employees," said Tim Macklaier, president and chief executive officer of Fastvibe. "The strategic combination of our two companies will allow us to leverage the strength of TELUS' brand and broad market reach to significantly grow our services in Canada and globally."

Launched in 2000, Fastvibe currently serves 130 corporate customers including Bank of Montreal, Bank of Nova Scotia, Barrick Gold, Trans Canada Pipelines, Ministry Of Education of Ontario, Torstar and Investors Group.

Web streaming is a rapidly growing market. In Canada alone, the market is currently estimated at $69 million and is expected to grow to $203 million by 2011 as more Canadian businesses adopt innovative Internet-based technologies to improve communications and reduce environmental impact.

About TELUS

TELUS (TSX: T, T.A; NYSE: TU) is a leading national telecommunications company in Canada, with $9.0 billion of annual revenue and 11.0 million customer connections including 5.4 million wireless subscribers, 4.4 million wireline network access lines and 1.2 million Internet subscribers. TELUS provides a wide range of communications products and services including data, Internet protocol (IP), voice, entertainment and video. Committed to being Canada's premier corporate citizen, we give where we live. Since 2000, TELUS and our team members have contributed more than $91 million to charitable and non-profit organizations and volunteered more than 1.7 million hours of service to local communities. Eight TELUS Community Boards across Canada lead our local philanthropic initiatives. For more information about TELUS, please visit telus.com.

Tim Macklaier (left) and Boris Kluck, Collaboration Services (right)

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