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Telus Corporation (TSX: T, NYSE: TU) is Canada’s fastest-growing national telecommunications company, boasting an impressive $12.3 billion in annual revenue and over 13.9 million customer connections. These include 8.4 million wireless subscribers, 3.1 million wireline network access lines, 1.5 million high-speed internet subscribers, and 954,000 Telus TV customers. The company provides a diverse array of communication services and products, from wireless and data to Internet Protocol (IP), voice, television, entertainment, and video services. Notably, Telus is also Canada’s largest healthcare IT provider, a testament to its broad industry impact.
With an economic stake of 55% in Telus International, Telus has expanded its horizon beyond telecom into health, security, and agriculture sectors. Its international endeavors contribute to more than 20% of its sales, driven by recent acquisitions and an aggressive growth strategy.
Recent Achievements: On November 3, 2023, Telus announced its third-quarter results showcasing robust performance, especially in its core telecom business. The strong financial position was further bolstered by cost efficiency initiatives that aim to drive EBITDA expansion and cash flow growth. This strong performance supports their leading dividend growth program, which has been extended through to 2025.
Current Projects: Telus continues to innovate by offering enticing service bundles. Recently, Telus introduced Stream+, a new service package that includes Prime Video, Amazon Prime membership, and more, aiming to provide customers with a comprehensive entertainment experience.
Financial Condition: Telus achieved record customer growth in Q4 2023, driven by strong demand for its mobility and fixed services. Their capital expenditures and free cash flow have also shown a positive trajectory, reflecting a robust balance sheet.
Partnerships: The company recently entered a partnership with Vevo to expand their advertising reach in Canada, offering advertisers access to Vevo’s extensive music video content across major streaming platforms like YouTube, Apple TV, and Roku.
Significance: Telus's industry-leading customer service and strong financial strategies make it a noteworthy player in the global telecommunications landscape. Their focus on leveraging technology to drive social change and improve human outcomes sets them apart as a forward-thinking, socially responsible corporation.
For more information, please visit telus.com.
TELUS has announced a $500 million offering of 10-year senior unsecured Series CAD notes, featuring a 2.05% interest rate, priced at $99.793 per $100 principal amount. The effective yield stands at 2.073% per annum, with maturity set for October 7, 2030. The proceeds will support corporate purposes, including broadband investments and repayment of commercial paper. The offering will close around October 5, 2020, and is not available to U.S. residents. Forward-looking statements caution potential risks, emphasizing the uncertainties of market conditions.
TELUS announced a $500 million offering of senior unsecured Series CAD notes with a 10-year maturity, featuring a 2.05% interest rate. The notes, priced at $99.793 per $100 principal amount, will yield 2.073% annually and mature on October 7, 2030. Net proceeds will support general corporate purposes, including broadband network investments and repayment of commercial paper. The offering is expected to close around October 5, 2020. This transaction is not available in the U.S., and the notes have not yet been approved by Canadian securities regulators.
TELUS International has been named to the Constellation ShortList for Customer Experience Operations Services: Global in Q3 2020. This recognition highlights the company's commitment to delivering exceptional customer experiences through innovative digital solutions. TELUS International's team leverages next-gen technologies to drive impactful transformations for top brands globally. The CEO of TELUS International emphasized the honor of making the shortlist, underscoring their focus on empowering human experiences. TELUS reported $15 billion in annual revenue, positioning itself as a leader in customer service and technology.
TELUS has been crowned the fastest network globally, achieving an average 4G LTE download speed of 75.8 Mbps, surpassing South Korea's 5G average of 59 Mbps. By year-end, TELUS will bring its 5G network to 50 communities in Canada, offering speeds up to 1.7 Gbps. TELUS' investments in its network exceed $200 billion since 2000, with an additional $40 billion planned over the next three years. The firm aims to create 250,000 jobs and contribute $40 billion annually to the Canadian economy through its 5G expansion.
TELUS has been named the fastest network in the world by Opensignal, achieving an average 4G LTE download speed of 75.8 Mbps, surpassing South Korea’s 5G average of 59 Mbps.
By year-end, nearly 50 Canadian communities will access TELUS’ 5G network, boasting speeds up to 1.7 Gbps. TELUS plans to invest an additional $40 billion over three years to enhance its 5G network, projecting the creation of 250,000 jobs and contributing $40 billion to the economy annually.
TELUS has been recognized as the fastest network in the world by Opensignal, with an average 4G LTE download speed of 75.8 Mbps. This is notably faster than South Korea’s fastest 5G average of 59 Mbps. By the end of the year, nearly 50 communities in Canada will access TELUS’ 5G network, offering speeds up to 1.7 Gbps. The company continues to invest heavily in its infrastructure, with $40 billion allocated for 5G rollout, which is projected to create 250,000 jobs and contribute $40 billion annually to the Canadian economy.
TELUS has earned the title of the fastest network in the world, according to Opensignal, with an average 4G LTE download speed of 75.8 mbps. This performance exceeds South Korea's 5G average of 59 mbps. The company is expanding its 5G network, planning to cover nearly 50 communities in Canada by year-end, with speeds reaching up to 1.7 Gbps. TELUS has invested $200 billion since 2000 and will invest an additional $40 billion over the next three years to enhance connectivity and promote economic growth, estimated to create 250,000 jobs and contribute $40 billion annually to Canada's economy.
TELUS has been recognized as the fastest network globally, achieving an average 4G LTE download speed of 75.8 Mbps, surpassing South Korea’s 5G network at 59 Mbps. The company is set to roll out its 5G network across nearly 50 Canadian communities, with speeds reaching up to 1.7 Gbps by year-end. TELUS plans to invest an additional $40 billion over the next three years to enhance its 5G infrastructure, which could generate 250,000 jobs and contribute $40 billion annually to Canada's economy.
TELUS has been recognized as the fastest network globally by Opensignal, with average 4G LTE download speeds of 75.8 Mbps, surpassing South Korea's 5G average of 59 Mbps. By year-end, TELUS plans to expand its 5G network to 50 communities in Canada, achieving speeds up to 1.7 Gbps. This growth aligns with TELUS's commitment to invest $40 billion over three years to enhance digital infrastructure, projected to create 250,000 jobs and contribute $40 billion annually to the Canadian economy.
TELUS has been recognized as the fastest network globally, achieving an average 4G LTE download speed of 75.8 Mbps, outpacing South Korea's 5G network at 59 Mbps. By year-end, nearly 50 Canadian communities will benefit from TELUS' 5G network, offering speeds up to 1.7 Gbps. The company has invested nearly $200 billion in its network and plans to invest an additional $40 billion over the next three years. This expansion aims to drive innovation across various sectors, with estimates suggesting 5G could create 250,000 jobs and contribute $40 billion annually to Canada's economy.
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