U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 3 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940 -------------------------------------------------------------------------------- 1. Name and Address of Reporting Person* Telus Corporation -------------------------------------------------------------------------------- (Last) (First) (Middle) 3777 Kingsway -------------------------------------------------------------------------------- (Street) Burnaby B.C., Canada V5H 3Z7 -------------------------------------------------------------------------------- (City) (State) (Zip) -------------------------------------------------------------------------------- 2. Date of Event Requiring Statement (Month/Day/Year) August 20, 2000 -------------------------------------------------------------------------------- 3. IRS Identification Number of Reporting Person, if an Entity (Voluntary) -------------------------------------------------------------------------------- 4. Issuer Name and Ticker or Trading Symbol Clearnet Communications Inc. (CLNT) -------------------------------------------------------------------------------- 5. Relationship of Reporting Person to Issuer (Check all applicable) [_] Director [X] 10% Owner [_] Officer (give title below) [_] Other (specify below) -------------------------------------------------------------------------------- 6. If Amendment, Date of Original (Month/Day/Year) -------------------------------------------------------------------------------- 7. Individual or Joint/Group Filing (Check applicable line) [X] Form Filed by One Reporting Person [_] Form Filed by More than One Reporting Person -------------------------------------------------------------------------------- Table I -- Non-Derivative Securities Beneficially Owned ================================================================================

* If the Form is filed by more than one Reporting Person, see Instruction 5(b)(v). Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. Table II -- Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) ================================================================================

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). /s/ James W. Peters August 30, 2000 --------------------------------------------- ----------------------- **Signature of Reporting Person Date Name: James W. Peters Title: Executive Vice-President, Corporate Development and Corporate Affairs Note: File three copies of this Form, one of which must be manually signed. If space provided is insufficient, see Instruction 6 for procedure. Explanation of Responses (1) Telus Corporation ("Telus") is filing this form as a 10% Owner solely as a result of its shared dispositive power over 3,678,260 Class A Non-Voting Shares of Clearnet Communications Inc. ("Clearnet") and 275,111,000 Class B Shares of Clearnet, 6,092,591 Class C Shares of Clearnet, and 7,790,741 Class D Shares of Clearnet, convertible into, respectively, 2,751,110, 6,092,591 and 7,790,741 Class A Non-Voting Shares of Clearnet, pursuant to Lock-up Agreements dated as of August 20, 2000 among certain shareholders (the "Shareholder Parties") of Clearnet and Telus (the "Lock-up Agreements"). Pursuant to the Lock-up Agreements, the Shareholder Parties have agreed to tender the above referenced shares of Clearnet into the offers to be made by Telus pursuant to the Support Agreement between Telus and Clearnet dated August 20, 2000.

CLEARNET COMMUNICATIONS INC 3