Telus

TU

市值 US$133億

TELUS reset its dividend, cut costs, and redirected C$2.7B to debt reduction, positioning for a cleaner balance sheet by 2028. At a 6.5% yield and ~10% FCF yield, T.CA trades as a no-growth, over-levered telco, but aggressive resets and asset monetization offer upside. Management targets 10% annual FCF growth (2027-2028), with cost cuts, lower capex, and potential asset sales (health, towers, and fiber) as catalysts.

Successful integration brings TELUS and AST SpaceMobile closer to connecting smartphones in remote areas of Canada where traditional cell service isn't available VANCOUVER, BC and MIDLAND, Texas, Oct. 5, 2026 /PRNewswire/ -- TELUS and AST SpaceMobile, Inc. ("AST SpaceMobile") have successfully completed their first integration test between TELUS' wireless network and AST SpaceMobile's space-based network, marking a significant milestone in the ability to access broadband data services, make voice calls, and send text messages directly between smartphones and satellites. By combining AST SpaceMobile's innovative satellite constellation, featuring the largest communication arrays ever deployed in Low Earth Orbit (LEO), with TELUS' award-winning wireless network, Canadians will have access to a new layer of cellular broadband coverage, extending service to more places, enhancing access to critical emergency services, and bringing Canadians greater peace of mind.

Telus stock has been in a freefall this year and is now hovering at its lowest level since 2016, making it one of the top laggards in the TSX Index. It has dropped in the last four consecutive weeks and is down by 54% from its all-time hixgh.

TELUS NYSE: TU is sharpening its focus on its telecommunications operations and AI data infrastructure while reviewing other businesses that may be better positioned under different ownership, newly appointed Executive Vice President and CFO Gopi Chande said at CIBC's Eastern Conference.

TELUS stock remains in a strong freefall this year, and is hovering at its lowest level since April 2017. It has dropped from the record high of $25.6, which it reached in April 2022, to the current $12.6.

TELUS Digital's proprietary Fuel iX™ suite of AI products, global delivery footprint and outcome-based commercial models recognized as differentiators in AI-enabled CX transformation VANCOUVER, BC, Sept. 16, 2026 /PRNewswire/ -- TELUS Digital, a global technology service provider specializing in AI-powered digital customer experiences (CX) and future-focused digital transformations, has been named a Leader in the Everest Group Customer Experience Management (CXM) Services PEAK Matrix® Assessment 2026 –  Americas, for the eighth consecutive year.

Industry-led content sessions, expert demo stations, and invitation-only events at Hotel Zetta mark TELUS Digital's flagship Salesforce conference presence VANCOUVER, BC, Sept. 3, 2026 /PRNewswire/ -- TELUS Digital, a Salesforce Summit Level implementation partner, will host a series of exclusive events, content sessions and Agentforce demos at Hotel Zetta during Dreamforce, which takes place September 15-17 at the Moscone Center in San Francisco.

TELUS shares have slid 22% in three months as guidance cuts, weaker cash flow and Digital pressure test whether a near-five-year-low valuation is enough.

TELUS' 55% dividend cut could free C$2.7 billion through 2028 for debt reduction as lower cash flow raises the stakes for deleveraging.

TU trades below its historical EV/EBITDA median, but leverage, estimate cuts and restructuring needs keep the value case tied to execution.