Welcome to our dedicated page for Telus news (Ticker: TU), a resource for investors and traders seeking the latest updates and insights on Telus stock.
TELUS Corporation (TU) delivers cutting-edge telecommunications, digital solutions, and healthcare IT services across Canada and internationally. This news hub provides investors and stakeholders with timely updates on TELUS's strategic initiatives, financial performance, and technological advancements.
Access official press releases, earnings reports, and analysis of key developments affecting TU's market position. Our curated collection covers network expansions, partnerships, digital innovation milestones, and healthcare IT integrations—all essential for informed decision-making.
Explore updates across TELUS's core operations: wireless service enhancements, broadband infrastructure investments, AI-driven customer experience upgrades, and healthcare technology deployments. Regular additions ensure you stay current on regulatory developments and competitive dynamics in the telecom sector.
Bookmark this page for streamlined access to TELUS's evolving story. Check back frequently to monitor how the company's focus on digital transformation and community impact shapes its trajectory in global markets.
RecoveryOne has successfully completed a $33 million Series C funding round, co-led by Cobalt Ventures and TELUS Ventures. This investment aims to enhance their digital musculoskeletal recovery programs, which significantly reduce total medical costs for clients. RecoveryOne currently serves over 60 clients and nearly 3 million consumers. The company reported a retention rate of over 90% among employer populations. RecoveryOne's mission is to transform MSK care delivery by improving consumer satisfaction and clinical outcomes.
GM Canada and TELUS are partnering to connect GM’s next-generation vehicles to TELUS’ 5G network, marking a first for GM with a domestic communications company. This collaboration aims to enhance vehicle connectivity and introduce innovative features as part of GM's commitment to safety and convenience. Launching with the 2025 model year, the initiative will enable faster updates and improved services for current 4G LTE-equipped vehicles. The partnership builds on nearly 20 years of cooperation to advance connected vehicle services in Canada.
EliteGamingLIVE (EGL) has secured USD $1.5 million in funding to enhance its online STEM education platform, which combines interscholastic competition with gaming. Led by the American Family Insurance Institute, the funds will help recruit key personnel and execute marketing strategies aimed at North American expansion. EGL focuses on making STEM education accessible, particularly in low-income areas, leveraging gaming to engage students from grades 3 to 12. The organization aims to bridge educational divides and promote career pathways in STEM fields.
TELUS International (NYSE:TIXT) has announced the opening of a new digital customer experience delivery center in North Charleston, enhancing its capacity to support global brands. The facility will create approximately 1,200 jobs by 2022, in addition to hiring 600 team members by the end of 2021. The site covers 80,000 square feet and features modern amenities for employees. TELUS International also donated $10,000 to support local educators. The company aims to continue its growth and positive momentum with double-digit organic growth reported in the second quarter.
The Board of Directors has announced a quarterly dividend of $0.3162 Canadian per share for common shares. This dividend is payable on October 1, 2021, to shareholders on record as of the close of business on September 10, 2021. This move reflects the company’s commitment to returning value to its shareholders.
TELUS Corporation reported a strong second quarter of 2021, with consolidated revenue growth of 10% year-over-year, reaching $4.1 billion. Adjusted EBITDA increased by 9.5% to $1.5 billion, driven by significant customer net additions of 223,000 and mobile phone net additions of 89,000. The company reaffirmed its annual targets, anticipating continued revenue and EBITDA growth of up to 10% and 8%, respectively. TELUS Health saw a remarkable 26% revenue growth in health services, and the company has expanded its broadband and 5G coverage while maintaining low customer churn rates.
TELUS Corporation announced a full redemption of its outstanding C$1 billion 2.35% Notes on August 17, 2021, due March 28, 2022. The redemption price will follow the applicable indenture. This decision is part of TELUS's ongoing financial strategy, enhancing its capital structure. The company boasts an impressive $16 billion in annual revenue, with 16 million customer connections across various sectors.
For more details on TELUS, visit telus.com.
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