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 reports developments across a Canadian communications technology business that provides wireless, internet, television and landline phone services, with incumbent wireline operations in British Columbia and Alberta and a smaller wireline presence in eastern Quebec. News also reflects its non-telecom businesses, including TELUS Digital, TELUS Health and TELUS Agriculture & Consumer Goods.
Recurring TELUS updates include operating and financial results, dividend declarations, debt and capital-structure actions, annual meeting governance matters and leadership changes. Company and partner announcements also cover digital customer experience, AI data services, trust and safety solutions, broadband service capabilities and technology partnerships tied to connectivity and enterprise services.
TELUS (TSX:TU) launched separate cash tender offers to purchase up to C$500,000,000 in aggregate of seven series of its outstanding notes, across maturities from 2031 to 2051.
The Offers expire at 5:00 p.m. ET on December 11, 2025 with settlement expected three business days later (currently projected as December 16, 2025). Total consideration per C$1,000 will be set using fixed spreads plus reference Canadian yields on the Price Determination Date of December 12, 2025 at 11:00 a.m. ET, plus accrued interest.
The company may allocate purchases among the seven series in its sole discretion, may prorate tenders, and may increase, decrease or waive the Maximum Purchase Amount. The Offers are conditional on a Financing Condition requiring TELUS to raise net proceeds via one or more debt issuances by the Settlement Date.
TELUS (TSX:TU) updated its capital allocation framework on Dec 3, 2025, announcing a new multi-year free cash flow target and changes to its dividend plan. The company reaffirmed ~$2.15B free cash flow for 2025 and set a preliminary $2.4B FCF target for 2026 with a minimum 10% CAGR in FCF from 2026–2028. TELUS will systematically step down its Discounted DRIP from 2% to 0% by 2028 and pause dividend growth while continuing quarterly dividends at $0.4184 per share. Leverage improved to 3.5x as of Sept 30, 2025, with targets of ~3.3x end-2026 and ~3.0x end-2027, supported by partnerships, hybrid notes, asset divestitures and monetization plans.
TELUS (TSX:TU) announced a quarterly cash dividend of $0.4184 CAD per common share, declared by the board on November 6, 2025. The dividend is payable on January 2, 2026 to shareholders of record at the close of business on December 11, 2025. Contact information for investor relations was provided.
TELUS (NYSE:TU) reported third quarter 2025 results on Nov 7, 2025, delivering 288,000 total mobile and fixed net customer additions and consolidated operating revenues and other income of C$5.106 billion (flat year-over-year).
Key metrics: Net income C$431M (+68%), Adjusted EBITDA C$1.862B (+1%), Free cash flow C$611M (+8%), and health operating revenue +18% / health Adjusted EBITDA +24%. TELUS raised its quarterly dividend to $0.4184 (+4%) and reported net debt/EBITDA of 3.5x, targeting ~3.0x by 2027.
Management noted variability in mobile equipment revenue and expects TTech operating revenue growth to land at the lower end of the original 2025 range while maintaining TTech Adjusted EBITDA, consolidated capex, and free cash flow targets.
TELUS Digital (NYSE:TU) expanded its generative AI platform Fuel iX to enable 70,000 TELUS team members to use AI without coding, aiming to save time, improve decisions, and enhance customer service.
Fuel iX is a model-neutral environment offering access to more than 50 large language models and an intuitive no-code interface that has produced over 21,000 Fuel iX Copilots to date. The platform includes products for security testing (Fuel iX Fortify), agent training, real-time agent assist, and enterprise deployments focused on safe, scalable AI adoption.
TELUS (NYSE:TU) completed the privatization of TELUS Digital on October 31, 2025, acquiring all outstanding shares for US$4.50 per TELUS Digital share, for aggregate consideration of approximately US$539 million.
Following closing, TELUS owns 100% of TELUS Digital. Consideration included US$508,970,041.54 in cash and issuance of 1,849,374 TELUS shares (under 1% of TELUS outstanding). The companies expect ~US$150 million of annualized operational synergies. TELUS Digital subordinate voting shares will be delisted and deregistered.
TELUS Digital (NYSE & TSX: TIXT) urges shareholders to vote IN FAVOUR of an arrangement under which TELUS will acquire all outstanding TELUS Digital shares for US$4.50 per share, representing aggregate consideration of US$539 million. The Special Meeting is on October 27, 2025 at 9:00 a.m. (Vancouver time) and the proxy voting deadline is October 23, 2025 at 9:00 a.m. The offer equals a 52.0% premium to the unaffected June 11, 2025 price and a 62.6% premium to the 30-day VWAP prior to June 12, 2025.
Shareholders can elect cash, share, or combination consideration subject to 25% proration of share consideration; detailed voting and election instructions are in the Circular.
TELUS Digital (NYSE & TSX: TIXT) warned that a Canada Post strike may delay postal delivery of the management information circular and related materials for its Special Meeting scheduled virtually at 9:00 a.m. (Vancouver time) on October 27, 2025.
Shareholders are encouraged to access materials electronically on SEDAR+, EDGAR and the Envision site. Key deadlines: Consideration election by October 22, 2025 at 9:00 a.m. and proxy voting by October 23, 2025 at 9:00 a.m. Consideration options per share: US$4.50 cash, 0.273 TELUS share, or US$2.25 + 0.136 TELUS share, subject to a 25% share proration cap.
TELUS Digital (NYSE & TSX: TIXT) has filed its management information circular for a special shareholder meeting regarding its proposed arrangement with TELUS Corporation (TSX: T, NYSE: TU). Under the arrangement, TELUS will acquire all outstanding TELUS Digital shares not already owned for US$4.50 per share, totaling US$539 million.
The offer represents a 52.0% premium over the unaffected closing price of US$2.96 and provides shareholders with three consideration options: US$4.50 in cash, 0.273 TELUS common shares, or a combination of US$2.25 cash and 0.136 TELUS shares. The Special Committee unanimously recommends shareholders vote in favor of the arrangement, which has already secured support from major shareholder EQT (37.7% stake) and company directors and officers (2.9% stake).
The special meeting is scheduled for October 27, 2025, with transaction closing expected by end of October 2025, subject to shareholder and court approvals.
TELUS (NYSE: TU) has entered into a definitive agreement to acquire the remaining shares of TELUS Digital (NYSE: TIXT) for US$4.50 per share, representing a total consideration of US$539 million. The transaction values TELUS Digital's equity at approximately US$1.3 billion, with a total transaction value of US$2.9 billion.
The offer price represents a 52% premium over TELUS Digital's unaffected closing price and a 32.4% increase from TELUS' initial proposal of US$3.40 per share. Shareholders can elect to receive either US$4.50 in cash, 0.273 TELUS common shares, or a combination of both, subject to a 25% cap on share consideration.
The deal has received unanimous recommendation from TELUS Digital's Special Committee and support from major shareholder EQT, which holds approximately 37.7% of subordinate voting shares. The transaction is expected to close in Q4 2025, subject to shareholder and regulatory approvals.