"Since François joined TELUS in 2008, he has played a crucial role in the success of our organisation," said Mr. Entwistle. "His entrepreneurial spirit has helped us tackle many challenges and will be a major asset in his new responsibilities. By bringing his proven leadership and well-honed skills to the TELUS Ventures team, I am confident that he will manage our company's venture investments strategically and effectively."TELUS Ventures has built an outstanding investment portfolio by working with high-potential, privately-held companies that offer unique technologies and innovative products that exploit the convergence of voice, enhanced data, digital media and wireless. Since 2001, TELUS Ventures has invested $95 million in 34 companies and has a current portfolio of 14 active companies valued at more than $50 million. In 2012, four TELUS Ventures portfolio companies have had successful liquidity events, the most recent being Ruckus Wireless, the Wi-Fi technology pioneer, which listed on the NYSE and generated a more than eight-fold return for TELUS.
TELUS Further Strengthens Its Presence In QuÃ©bec
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