TELUS Corporation, together with its subsidiaries, provides a range of telecommunications and information technology products and services in Canada. It operates through Wireless and Wireline segments. The Wireless segment offers a range of telecommunications products and services. Its wireless products and services include network revenue comprising data and voice; and equipment sales from mobile technologies. The Wireline segment includes data services revenues, such as internet protocol; television; hosting, managed information technology, and cloud-based services; customer care and business services; healthcare solutions; and home and business security, agriculture, voice, and other telecommunications services. It has 16.0 million subscriber connections, which include 9.0 million mobile phone subscribers; 1.8 million mobile connected device subscribers; 2.1 million internet subscribers; 1.2 million residential voice subscribers; 1.2 million TV subscribers; and 707,000 security subscribers. The company was formerly known as TELUS Communications Inc. and changed its name to TELUS Corporation in February 2005. TELUS Corporation was founded in 1993 and is headquartered in Vancouver, Canada.
IPO Year:
Exchange: NYSE
Website: telus.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
10/28/2024 | Sector Perform → Sector Outperform | Scotiabank | |
3/25/2024 | Sector Outperform → Sector Perform | Scotiabank | |
1/4/2024 | Overweight → Neutral | JP Morgan | |
6/17/2022 | Hold → Buy | TD Securities | |
5/10/2022 | $26.00 | Overweight → Equal Weight | Barclays |
3/7/2022 | Buy → Hold | TD Securities | |
2/14/2022 | Neutral → Overweight | JP Morgan | |
7/16/2021 | Overweight → Equal-Weight | Morgan Stanley |
TELUS' sixth annual report shares inspiring stories of real change that will be felt for generations VANCOUVER, BC, Nov. 20, 2024 /CNW/ - Today, TELUS released its sixth annual Indigenous Reconciliation and Connectivity Report, filled with concrete examples of how its reconciliation actions, in close partnership with Indigenous communities, are helping deliver sustained, positive social, cultural and economic outcomes that expand far beyond connectivity. In 2021, TELUS became the first technology company in Canada to launch a public Indigenous Reconciliation Action Plan, built on four pillars: Connectivity; Enabling social outcomes; Cultural responsiveness and relationships; and Economic re
Workers dissatisfied with their physical health score 22 points lower in mental health than satisfied workers and lose an additional 21 working days in productivity annually. TORONTO, Nov. 19, 2024 /CNW/ - Today, TELUS Health released its TELUS Mental Health Index reports examining the mental health of employed people in Canada, the United States, United Kingdom, Europe, Singapore, New Zealand and Australia. The Canadian report revealed that physically active workers lose 10 fewer work days of productivity annually than their sedentary counterparts. The Index also found that workers dissatisfied with their physical health score 22 points lower in mental health and lose 21 more days of produc
Customers in Eastern Canada can experience uninterrupted video calls, gaming and 4K streaming, even when everyone is online at the same time TORONTO, Nov. 12, 2024 /CNW/ - TELUS PureFibre Internet is now offering residents in Ontario and Quebec access to the fastest internet technology in the country. TELUS PureFibre Internet lets customers play, stream, create, learn, browse and connect seamlessly with blazing fast download speeds of 1.5 Gbps, upload speeds of 1.0 Gbps, and a 100 per cent fibre-to-the-home network. TELUS PureFibre Internet customers gain access to exclusive bundling options that combine the high-speed connectivity of PureFibre Internet with TELUS mobility, SmartHome Securit
VANCOUVER, BC, Nov. 8, 2024 /PRNewswire/ - NOTICE IS HEREBY GIVEN that the Board of Directors has declared a quarterly dividend of $0.4023 Canadian per share on the issued and outstanding Common shares payable on January 2, 2025 to shareholders of record at the close of business on December 11, 2024. By order of the Board Andrea WoodExecutive Vice President and Chief Legal and Governance Officer Vancouver, British ColumbiaNovember 7, 2024 Contact: Investor [email protected] View original content to download multimedia:https://www.prnewswire.com/news-re
Industry-Best Total Mobile and Fixed customer growth of 347,000 driven by strong demand for our leading portfolio of services across Mobility and Fixed Strong Mobile Phone and Connected Device net additions of 130,000 and 159,000, respectively; industry-leading postpaid mobile phone churn of 0.90 per cent Robust third quarter Fixed customer net additions of 58,000, including 34,000 internet customer additions, driven by our leading TELUS PureFibre network and premier portfolio of bundled services across Mobile and Home TTech Operating Revenue and Adjusted EBITDA growth of 1.9 per cent and 5.6 per cent, respectively, alongside strong margin expansion of 110 basis points to 39 per cent reflect
TELUS Digital Experience (TELUS Digital) (NYSE and TSX:TIXT), a company dedicated to crafting lasting customer experiences through data, technology, and a human-centric approach, today released its results for the three- and nine-month periods ended September 30, 2024. In the third quarter of 2024, we formally completed the rebranding of TELUS International as TELUS Digital. The legal name of the company remains TELUS International (Cda) Inc. In this news release and related disclosure, we refer to TELUS International (Cda) Inc. as TELUS Digital. TELUS Corporation (TSX:T, NYSE:TU) is the controlling shareholder of TELUS Digital. All figures in this news release, and elsewhere in TELUS Digit
These investments scale innovations in elderly support management, secure healthcare data analysis, and advanced diagnostic technologies, leading to a more accessible, efficient and patient-centric care ecosystem VANCOUVER, BC, Oct. 31, 2024 /PRNewswire/ - TELUS Global Ventures is participating in two new funding rounds with equity investments in Homethrive and Rhino Health. Illinois-based Homethrive addresses the growing need for elderly support by combining human expertise with digital solutions, making caregiving more manageable for families. Headquartered in Boston, Rhino Health transforms healthcare AI, bridging medical data sources and the researchers that need to analyze health data t
Solvency funded status of typical employer-provided pension plan was stable in third quarter, opening door to adjustments in risk management TORONTO, Oct. 31, 2024 /CNW/ - Two new investment and pension management reports released today by TELUS Health - Pension Indices and Performance Universe - indicate enhanced stability in pension plan solvency and consistent positive returns for the third quarter of 2024. This is a welcomed overall indicator for the financial security of individual employees and retirees, as well as the improving health of the economy in general. Solvency stability is good news for pension plan administrators who will be better equipped to adjust risk management approac
Since 2020, TELUS has invested $5 million through the #StandWithOwners program, providing essential funding, advertising, and technology to help businesses thrive. TORONTO, Oct. 30, 2024 /CNW/ - TELUS announces the winners of its fifth #StandWithOwners contest—Canada's largest small business contest. Chosen from thousands of applications from across Canada, 20 outstanding businesses have been recognized for demonstrating what makes their business unique, their use of technology to drive innovation, and a proven track record of growth. These businesses not only demonstrated exceptional leadership in their fields but also demonstrated how they have made a tangible impact on their local economi
Vancouver, BC, Oct. 29, 2024 (GLOBE NEWSWIRE) -- TELUS is proud to announce the successful completion of its ambitious data-modernization journey in collaboration with Google Cloud and Onix. The project overhauled and streamlined TELUS' data handling by moving from fragmented, on-premise sources to a unified, cloud-based platform – significantly improving data access and usability, and paving the way for advanced artificial intelligence (AI) capabilities across its operations, decreased energy consumption and the delivery of faster, more personalized customer solutions. TELUS successfully upgraded hundreds of enterprise-grade data pipelines (processes that help transfer and or
VANCOUVER, BC, Nov. 8, 2024 /PRNewswire/ - NOTICE IS HEREBY GIVEN that the Board of Directors has declared a quarterly dividend of $0.4023 Canadian per share on the issued and outstanding Common shares payable on January 2, 2025 to shareholders of record at the close of business on December 11, 2024. By order of the Board Andrea WoodExecutive Vice President and Chief Legal and Governance Officer Vancouver, British ColumbiaNovember 7, 2024 Contact: Investor [email protected] View original content to download multimedia:https://www.prnewswire.com/news-re
Industry-Best Total Mobile and Fixed customer growth of 347,000 driven by strong demand for our leading portfolio of services across Mobility and Fixed Strong Mobile Phone and Connected Device net additions of 130,000 and 159,000, respectively; industry-leading postpaid mobile phone churn of 0.90 per cent Robust third quarter Fixed customer net additions of 58,000, including 34,000 internet customer additions, driven by our leading TELUS PureFibre network and premier portfolio of bundled services across Mobile and Home TTech Operating Revenue and Adjusted EBITDA growth of 1.9 per cent and 5.6 per cent, respectively, alongside strong margin expansion of 110 basis points to 39 per cent reflect
TELUS Digital Experience (TELUS Digital) (NYSE and TSX:TIXT), a company dedicated to crafting lasting customer experiences through data, technology, and a human-centric approach, today released its results for the three- and nine-month periods ended September 30, 2024. In the third quarter of 2024, we formally completed the rebranding of TELUS International as TELUS Digital. The legal name of the company remains TELUS International (Cda) Inc. In this news release and related disclosure, we refer to TELUS International (Cda) Inc. as TELUS Digital. TELUS Corporation (TSX:T, NYSE:TU) is the controlling shareholder of TELUS Digital. All figures in this news release, and elsewhere in TELUS Digit
VANCOUVER, BC, Sept. 27, 2024 /PRNewswire/ - TELUS Corporation ("TELUS") today announced that it has acquired, through a wholly owned subsidiary, an aggregate of 2,593,631 subordinate voting shares (the "Purchased Shares") in the capital of TELUS International (Cda) Inc. ("TELUS Digital") by way of market purchases over the facilities of the Toronto Stock Exchange. As a result of the acquisition of these subordinate voting shares, TELUS has acquired an additional 2.35% interest in the TELUS Digital subordinate voting shares since TELUS' prior early warning report filed on August 16, 2024. When added to the 4,031,191 subordinate voting shares held prior to the last report, TELUS now holds app
VANCOUVER, BC, Aug. 15, 2024 /CNW/ - TELUS Corporation ("TELUS") today announced that it has acquired, through a wholly owned subsidiary, an aggregate of 2,593,178 subordinate voting shares (the "Purchased Shares") in the capital of TELUS International (Cda) Inc. ("TELUS Digital") by way of market purchases over the facilities of the Toronto Stock Exchange. The acquired subordinate voting shares (the "Purchased Shares") represent more than 2% of the outstanding subordinate voting shares acquired since TELUS' prior early warning report filed on May 16, 2023. "In response to TEL
Total Mobile and Fixed customer growth of 332,000, up 39,000 over last year, representing a record second quarter, driven by strong demand for our leading portfolio of Mobility and Fixed services Robust Mobile Phone net additions of 101,000, and record second quarter Connected Device net additions of 161,000; industry-leading postpaid mobile phone churn of 0.89 per cent Record second quarter Fixed customer net additions of 70,000, including 33,000 internet customer additions, driven by our leading TELUS PureFibre network, premier portfolio of bundled services across Mobile and Home, and leading household client loyalty TTech Adjusted EBITDA growth of 5.1 per cent and strong margin expansion
TELUS International (Cda) Inc. (TSX:TIXT), a leading digital customer experience innovator that designs, builds, and delivers next-generation solutions, including artificial intelligence (AI) and content moderation, for global and disruptive brands, today released its results for the three- and six-month periods ended June 30, 2024. In the third quarter of 2024, we expect to formally complete the rebranding of TELUS International as TELUS Digital Experience (TELUS Digital). The legal name of the company will remain TELUS International (Cda) Inc. In this news release and related disclosure, we refer to TELUS International (Cda) Inc. as TELUS Digital. TELUS Corporation (TSX:T, NYSE:TU) is the
Total Mobile and Fixed customer growth of 209,000, up 46,000 over last year, and our strongest first quarter on record, driven by strong demand for our leading portfolio of Mobility and Fixed services Robust Mobile Phone net additions of 45,000 and record first quarter Connected Device net additions of 101,000; industry-leading postpaid mobile phone churn of 0.91 per cent Record first quarter Fixed customer net additions of 63,000, including 30,000 internet customer additions, driven by TELUS' PureFibre network and leading portfolio of bundled services across Mobile and Home Industry-leading customer growth enabling Mobile Network Revenue and Fixed Data Services Revenue growth of 2.9 per ce
TELUS International (TSX:TIXT), a leading digital customer experience innovator that designs, builds, and delivers next-generation solutions, including artificial intelligence (AI) and content moderation, for global and disruptive brands, today released its results for the three-month period ended March 31, 2024. TELUS Corporation (TSX:T, NYSE:TU) is the controlling shareholder of TELUS International. All figures in this news release, and elsewhere in TELUS International disclosures, are in U.S. dollars, unless specified otherwise, and relate only to TELUS International results and measures. "TELUS International delivered first quarter results in line with our expectations, amidst a backd
VANCOUVER, BC, Feb. 9, 2024 /PRNewswire/ - TELUS Corporation (TSX:T) (NYSE:TU) hereby gives notice that the Board of Directors has declared a quarterly dividend of $0.3761 Canadian per share on the issued and outstanding Common shares payable on April 1, 2024 to shareholders of record at the close of business on March 11, 2024. By order of the Board Andrea WoodExecutive Vice President and Chief Legal and Governance Officer Vancouver, British ColumbiaFebruary 8, 2024 Contact: Investor [email protected] View original content to download multimedia:https:
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CIBC analyst Robert Bek maintains TELUS (TSX:T) with a Outperformer and lowers the price target from C$26 to C$25.
Investments include $1.2 million to improve wireless connectivity at CF Montréal's Stade Saputo providing a high-quality experience for all the soccer fansMONTREAL, June 10, 2024 /CNW/ - TELUS will be investing nearly $33 million in Montreal in 2024 as it deploys and updates its 5G networks and connects businesses to thousands of kilometres of optic fibre. As part of its multi-year sponsorship agreement with CF Montréal, TELUS will invest $1.2 million to improve wireless connectivity at Stade Saputo. This major TELUS investment will give fans dedicated access to the 5G network for fast and reliable communications during games.
TD Securities analyst Vince Valentini maintains TELUS (TSX:T) with a Buy and raises the price target from C$25 to C$27.
TELUS announces joint investment with the Government of Quebec and CRTC to expand wireless connectivity to isolated and rural communitiesMONTREAL, May 15, 2024 /CNW/ - TELUS is investing more than $10 billion to significantly expand and improve its network infrastructure and operations across Quebec over the next five years, supporting innovation, growth and strong, vibrant communities. It's also part of a larger commitment to deploy $73 billion across Canada by 2028 to develop infrastructure, improve sustainability and advance its network technology. These investments are critical to connecting Quebecers with the people, resources and information that enrich their lives and underscores TELU
economic, health and social outcomes for Albertans VANCOUVER, BC, May 13, 2024 /CNW/ - TELUS is investing more than $16 billion to significantly expand and improve its network infrastructure and operations across Alberta over the next five years, supporting innovation, growth and strong, vibrant communities. It's also part of a larger commitment to deploy $73 billion across Canada by 2028 to develop infrastructure, improve sustainability and advance its network technology. These investments are critical to connecting Albertans with the people, resources and information that enrich their lives and underscores TELUS' unwavering commitment to advancing technology and connectivity nationwide.
TELUS enables organizations of all sizes to be cyber resilient, bolstering its suite of privacy, security and compliance offeringsVANCOUVER, BC, May 7, 2024 /CNW/ - TELUS Corporation ("TELUS"), a world-leading communications technology leader, today announced the successful acquisition of Vumetric Cybersecurity ("Vumetric"), a leading cybersecurity provider specializing in advanced penetration testing designed to identify cyber vulnerabilities and threats to companies across Canada and North America.
Investment to focus on building next-generation networks, fueling innovation and sustainability, and driving economic growthCALGARY, AB, April 17, 2024 /CNW/ - TELUS is committing $135 million in Calgary this year to significantly expand and improve its infrastructure, operations and services. These investments are critical to connecting Calgarians with the people, resources and information that enrich their lives and underscores TELUS' unwavering commitment to Alberta. Since 2000, TELUS has invested more than $60 billion in Alberta to build and develop network infrastructure, operations and spectrum, connecting families and businesses to TELUS' world-leading 5G and TELUS PureFibre networks
CIBC analyst Robert Bek maintains TELUS (TSX:T) with a Outperformer and lowers the price target from C$28 to C$26.
Scotiabank upgraded Telus from Sector Perform to Sector Outperform
Scotiabank downgraded Telus from Sector Outperform to Sector Perform
JP Morgan downgraded Telus from Overweight to Neutral
TD Securities upgraded Telus from Hold to Buy
Barclays downgraded Telus from Overweight to Equal Weight and set a new price target of $26.00
TD Securities downgraded TELUS from Buy to Hold
JP Morgan upgraded Telus from Neutral to Overweight
Morgan Stanley downgraded Telus from Overweight to Equal-Weight
CIBC upgraded TELUS from Neutral to Outperformer
CIBC upgraded Telus from Neutral to Sector Outperform
In its 19th year, TELUS Days of Giving is a month-long global volunteer initiative led by the global communications company TELUS volunteers contributed 1.5 million volunteer hours in 2023, more than any other company in the world VANCOUVER, BC, May 1, 2024 /CNW/ - Today, TELUS announced its 19th annual TELUS Days of Giving, a month-long initiative rallying TELUS team members, retirees, and partners around the world to volunteer and give back in their local communities. At a time when charities are seeing an increased need for services, and companies are facing increased levels of disengagement, giving back helps foster meaningful connections, driving short and long-term benefits for individ
Current President and Chief Commercial Officer to assume CEO role and join Xplore's Board of Directors Interim CEO Fran Shammo to resume role as Executive Chair of the Board MARKHAM, ON, Sept. 5, 2023 /CNW/ - Xplore Inc., Canada's fibre, 5G and satellite broadband company for rural living, today announced that it has concluded its CEO search with the promotion of President and Chief Commercial Officer Rizwan Jamal to President and Chief Executive Officer and member of the Board of Directors, effective immediately. Fran Shammo, who has been serving as interim CEO, will continue in his role as Executive Chair of the Board.
TORONTO, April 28, 2023 (GLOBE NEWSWIRE) -- Today, TELUS announced the appointment of Rethink, WPP and Carat (Dentsu) as its new agency partners, supporting its evolving and growing creative and media needs. These new appointments are a key enabler of the transformational change TELUS is undertaking to cultivate a best-in-class marketing ecosystem that fuels growth and innovation across its diverse business. Rethink will become the lead strategy and creative agency for the TELUS Home Solutions portfolio, providing strategic thinking that fuels consistent breakthrough creative ideas for Optik TV, Internet, Home Phone and Security products in Western Canada, Quebec and beyond. Carat (Dentsu)
MARKHAM, ON, April 25, 2023 /CNW/ - Xplore Inc., Canada's fibre, 5G and satellite broadband company for rural living, today announced that it has appointed Rizwan Jamal as President and Chief Commercial Officer, effective May 1, 2023. As President and CCO, Mr. Jamal will be responsible for the Company's sales, marketing, and product development functions, and he will support Xplore's strategic priorities across the business. "I am delighted to welcome Rizwan to the Xplore leadership team," said Xplore Board Chair and interim Chief Executive Officer Fran Shammo. "Rizwan has terrific experience at leading Canadian telecommunications companies, and I am excited to partner with him at Xplore as
VANCOUVER, British Columbia, Feb. 10, 2023 (GLOBE NEWSWIRE) -- TELUS Corporation (TSX:T), (NYSE:TU) is pleased to announce that the TELUS Board of Directors (Board) has approved the appointment of the Honourable John P. Manley, P.C., O.C., as Chair of the Board, effective following his re-election at TELUS' annual general meeting in early May 2023. Mr. Manley will succeed Dick Auchinleck, who is retiring after 20 years of exemplary service on the TELUS Board, including eight years as Chair. Mr. Manley's appointment is a result of the company's robust succession planning process, undertaken by the board following a third-party evaluation of the effectiveness of our board and our board membe
VANCOUVER, British Columbia, Jan. 23, 2023 (GLOBE NEWSWIRE) -- Today, TELUS announced the formation of TELUS Consumer Solutions, to elevate TELUS' legacy of industry-leading customer service and meet shifting customer demands for a full range of innovative and integrated products. TELUS Consumer Solutions brings together Mobility Solutions and Home Solutions & Customer Excellence into one unified consumer team, led by Zainul Mawji as Executive Vice-president and President, TELUS Consumer Solutions. TELUS also announced the appointment of Jim Senko to the newly created role of Chief Product Officer. As Executive Vice-president and Chief Product Officer, TELUS Consumer Solutions, Jim will es
VANCOUVER, British Columbia, March 18, 2022 (GLOBE NEWSWIRE) -- Jason Macdonnell, President of Smart Security & Automation at TELUS, has joined the Board of the BC Tech Association. At TELUS, Jason leads the team responsible for the strategy and implementation of smart security and automation systems for homes and businesses. Since joining TELUS in 2002, Jason has held a variety of key leadership roles in marketing, operations, field services, organizational change, and acquisitions. Jason's passion for technology and business transformation is foundational to championing his team to bring TELUS' world-class networks and services to Canadians to make our homes, businesses, and communities
KELOWNA, British Columbia, March 07, 2022 (GLOBE NEWSWIRE) -- Today, the TELUS Thompson Okanagan Community Board announced it is expanding to include Dawson Creek, Fort St. John, Prince George, Quesnel and Cranbrook, formally changing its name to the TELUS Interior and Northern B.C. Community Board. This expansion will support 76 communities across Northern B.C., providing more Canadian youth with access to the resources they need to learn, be creative, make connections, and stay healthy, opening up new opportunities for them to thrive. TELUS' Community Boards have a longstanding history of being there for customers and communities. Since 2011, the TELUS Interior and Northern B.C. Communit