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In 1990 TELUS Corporation is established, following the reorganization of the Alberta Government Telephones Commission (AGTC), Telus became the parent company of AGTC. The sale of TELUS shares marked the largest initial public offering in Canadian history up to this time, raising $896 million, and in 1991 the Province of Alberta sold its remaining ownership interest in TELUS for $870 million. By the year 1995 TELUS acquired the ED TEL from the city of Edmonton, and finally the actual company was created in February 1999, when the Alberta-based TELUS Corporation and BC-based BC TELECOM joined in a merger of equals, towards creating a national telecommunications company...
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