Technovision TVS - Undervalued Internet Service Provider Message Board

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Technology Stocks : Technovision TVS - Undervalued Internet Service Provider

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To: David Michaud who started this subject	11/3/2000 9:45:54 AM
From: bafan_57	of 108

Telus buys stake in Epost 04:15 EST Friday, November 03, 2000 Phone company Telus Corp. has signed a memorandum of understanding to invest $30-million in Epost, the world's first electronic post office. In exchange, Telus will receive a 5-per-cent stake. Epost was launched last year as a joint venture between Canada Post Corp. and Cebra Inc., Bank of Montreal's wholly owned e-commerce subsidiary. Telus also said it has won a $100-million five-year contract to provide Internet service provider Technovision Systems Inc. with high-speed Internet ports in Western Canada. Burnaby, B.C.-based Telus, which recently moved into Eastern Canada with a purchase of Clearnet Communications, said Technovision agreed to use its national long-distance and toll-free services.

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