Telus Corp
TSX:T

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Telus Corp
TSX:T
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Price: 17.63 CAD 0.17% Market Closed
Market Cap: 27.1B CAD

Telus Corp
Investor Relations

In the vibrant tapestry of Canada's telecom sector, Telus Corp. stands out as a key player, weaving a network that ties communities and businesses together. Founded in 1990, it has consistently been at the forefront of innovation in telecommunications. Telus operates through two primary segments: Wireless and Wireline. The Wireless segment provides mobile network services, including data and voice plans, which form the backbone of its consumer offerings. The Wireline segment offers an array of services—everything from high-speed internet and IPTV to voice services for residential and business customers. This diversified approach ensures that Telus not only maintains a competitive position in the fast-paced telecommunications landscape but also creates synergies between its platforms, enriching user experience and customer loyalty.

Crucial to Telus’s business strategy is its focus on technology and community commitment. The company heavily invests in expanding its fiber optic infrastructure and rolling out 5G networks, anticipating the insatiable demand for faster, more reliable connectivity. Yet, unlike many corporations that chase profits above all else, Telus adopts a unique philosophy, channeling its corporate energy into social responsibility and sustainability. Its revenue model extends beyond the traditional avenues, tapping into areas such as health services and agriculture technology, aimed at leveraging digital solutions for real-world problems. This strategy not only diversifies Telus's revenue streams but also reinforces its reputation as a socially responsible corporate citizen, intertwining business success with societal well-being.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Nov 7, 2025
AI Summary
Q3 2025

Customer Growth: TELUS added 288,000 total mobile and fixed customers in Q3 2025, leading the industry and growing total customer connections 5% year-over-year to nearly 21 million.

Churn Performance: Postpaid mobile phone churn was an industry-best 0.91%, marking the 12th consecutive year below 1%.

Financial Results: TTech EBITDA grew 3%, with consolidated net income of $431 million (up 68% due to a gain on debt purchase) and EPS of $0.32. Adjusted net income was $370 million (down 10%) and adjusted EPS was $0.24 (down 14%).

Free Cash Flow: Free cash flow reached $611 million, up 8% year-over-year, helped by EBITDA growth, lower capex, and lower wireless volumes.

Dividend Update: TELUS increased its quarterly dividend by 4% to $41.84, continuing its commitment to shareholder returns.

AI Revenue Outlook: AI-enabled revenue is expected to grow from $800 million in 2025 to $2 billion by 2028, with annual growth north of 30%.

Guidance: 2025 TTech operating revenue (including Health) is expected at the lower end of the 2%-4% target range; all other targets remain unchanged.

Deleveraging: Leverage ratio improved to 3.5x; TELUS remains on track for a 3x target by 2027 and is stepping down the discount on its dividend reinvestment plan.

Key Financials
Total Customer Additions
288,000
Total Customer Connections
21 million
Postpaid Mobile Phone Churn
0.91%
TTech EBITDA Growth
3%
Net Income
$431 million
EPS
$0.32
Adjusted Net Income
$370 million
Adjusted EPS
$0.24
Free Cash Flow
$611 million
Capital Intensity
12%
TELUS Health Revenue Growth
18%
TELUS Health Adjusted EBITDA Growth
24%
TELUS Health Adjusted EBITDA Margin
17.1%
TELUS Digital Operating Revenue Growth
5%
TELUS Digital Adjusted EBITDA Margin
11.1%
Leverage Ratio
3.5x
Quarterly Dividend
$41.84
LifeWorks Annualized Synergies
$417 million
TELUS Health Lives Covered Globally
160 million+
AI-Enabled Revenue
$800 million (2025)
Earnings Call Recording
Other Earnings Calls

Management

Mr. Darren Entwistle B.A., LL.D., M.B.A.
President, CEO & Director
No Bio Available
Mr. Douglas French
Executive VP & CFO
No Bio Available
Mr. Tony Geheran
COO & EVP
No Bio Available
Mr. Navin Arora
Executive VP & President of Business Solutions
No Bio Available
Ms. Zainul Mawji
EVP & President of Telus Consumer Solutions
No Bio Available
Mr. Robert Mitchell
Head of Investor Relations
No Bio Available
Ms. Andrea Louise Wood LLB LLM
Executive VP and Chief Legal & Governance Officer
No Bio Available
Ms. Jill Schnarr
Chief Communications & Brand Officer
No Bio Available
Ms. Sandy McIntosh
Executive VP of People & Culture and Chief Human Resources Officer
No Bio Available
Mr. Francois Cote
Executive Vice President
No Bio Available

Contacts

Address
BRITISH COLUMBIA
Vancouver
510 W. Georgia St., 23rd Floor
Contacts
+16046978044.0
www.telus.com