TELUS Corporation (TU)
Q4 2005 Earnings Conference Call
February 17th 2006, 11:00 AM.

Executives:

John Wheeler, Vice-President, Investor Relations
Darren Entwistle, President and Chief Executive Officer
Mr. Robert G. McFarlane, Chief Financial Officer and Executive VP

Analysts:

Jonathan Allen, RBC Capital Markets
Vince Valentini, TD Newcrest
Marje Soova, Goldman Sachs
Peter Rhamey, BMO Nesbitt Burns
Robert Goff, Haywood
Jeff Fan, UBS
Vance Edelson, Morgan Stanley
Greg Macdonald, National Bank Financial
John Henderson, Scotia Capital

Presentation

Operator

Good morning ladies and gentlemen. Welcome to the TELUS Fourth Quarter Conference Call. I would like to introduce your Chairperson, Mr. John Wheeler, Vice-President of TELUS Investor Relations.

John Wheeler, Vice-President, Investor Relations

Thank you very much and welcome to the TELUS Fourth Quarter 2005 Conference Call and webcast. Let me introduce the TELUS executives online with us today. With me are Darren Entwistle, President and CEO; and Bob McFarlane, Executive Vice-President and CFO. We will start with introductory comments followed by a question and answer session.

The news release on the fourth quarter financial and operating results and detailed supplemental investor information are posted on our website at Telus.com. For those with access to the internet, the slides are posted for viewing at Telus.com “Investor Call

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