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Telus - TU STOCK NEWS

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.

News

TELUS reports operational and financial results for third quarter 2023

Rhea-AI Summary
TELUS Corporation reported total telecom customer growth of 406,000 in the third quarter of 2023, up 17% YoY. The company achieved consolidated operating revenue and adjusted EBITDA growth of 7.2% and 5.5% respectively. However, net income decreased by 75% due to higher restructuring costs and depreciation. The quarterly dividend was increased by 7.1% to $0.3761, representing a dividend yield of approximately 6.5%. TELUS also confirmed its 2023 consolidated financial targets.
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MCE and Mobile Klinik introduce the redesigned Mobile Klinik Device Checkup app

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MCE Systems Ltd. has announced several improvements to the Mobile Klinik Device Checkup app, which provides expert repairs and certified pre-owned phones. The app includes a health check tool, repair advice, and tests to determine a device's value. The updated version offers personalized offers, improved health check process, and custom repair pricing. This is part of a long-term strategy to create a seamless experience for consumers. In 2024, more features will be announced.
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TELUS Pollinator Fund invests in three new clean tech startups: Climate Robotics, erthos and Plentify

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TELUS invests in clean tech startups to strengthen climate resilience and promote sustainability. The investments include US$20 million in Climate Robotics for carbon sequestration, US$6.5 million in erthos for plant-based alternatives to plastic, and US$4 million in Plentify for cleaner energy solutions. These investments support the transition to zero-emission solutions, address the plastic crisis, and improve energy grids.
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TELUS announces three-tranche note offering

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TELUS has priced $1.75 billion of senior unsecured notes in three series, supporting its commitment to environmental sustainability. The notes are offered through a syndicate of agents and will be used for debt repayment and general corporate purposes. The 5.75% Sustainability-Linked Notes, Series CAK, will mature on September 8, 2033. TELUS has committed to reducing greenhouse gas emissions by 46% from 2019 levels by 2030. Failure to achieve this target may result in an interest rate increase on the Series CAK Notes. The offering aligns with the International Capital Market Association's Sustainability-Linked Bond Principles, 2020.
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TELUS Corporation Notice of Cash Dividend

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Telus Corporation (TSE: T) has announced a quarterly dividend of $0.3636 Canadian per share on the issued and outstanding Common shares. The dividend will be payable on October 2, 2023, to shareholders of record at the close of business on September 8, 2023.
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TELUS International reports second quarter 2023 results within previously updated range, and reaffirms revised full-year outlook for 2023

Rhea-AI Summary
TELUS International reports Q2 2023 results: Revenue of $667 million, up 7% YoY. Net loss of $7 million, compared to net income of $56 million in the same quarter last year. Diluted EPS of $(0.03), compared to $0.21 in the same quarter last year. Adjusted EBITDA of $120 million, 20% lower YoY. Adjusted Diluted EPS of $0.17, 43% lower YoY.
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TELUS reports resilient operational and financial results for second quarter 2023

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TELUS Corporation: Strong Second Quarter Results with 293,000 Customer Growth, 13% Revenue Growth and 5% EBITDA Growth
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TELUS Pollinator Fund invests in Dryad Networks, helping to combat the devastating effects of wildfires

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Dryad Networks (Ticker: DRY) receives equity investment from TELUS Pollinator Fund for Good to support ultra-early wildfire detection technology, addressing the growing environmental emergency of wildfires in Canada and beyond.
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TELUS provides update to annual guidance to reflect TELUS International’s revised financial outlook for full year 2023

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TELUS Corporation updates its annual guidance for 2023 due to TELUS International's revised outlook. TELUS now targets Consolidated Operating Revenue growth of 9.5-11.5% and Adjusted EBITDA growth of 7-8%. Q2 2023 subscriber results show strong growth in Mobile Phone and Connected Device net additions, as well as total Fixed customer net additions. TELUS remains confident in TI's long-term growth and profitability.
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TELUS acquires additional shares of TELUS International through agreement with Baring Private Equity Asia

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NYSE:TU

TU Rankings

#390 Ranked by Market Cap
#174 Ranked by Dividends

TU Stock Data

22.73B
1.51B
0.02%
56.33%
2.58%
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