Total Mobile and Fixed customer growth of 332,000, up 39,000 over last year, representing a record second quarter, driven by strong demand for our leading portfolio of Mobility and Fixed services Robust Mobile Phone net additions of 101,000, and record second quarter Connected Device net additions of 161,000; industry-leading postpaid mobile phone churn of 0.89 per cent Record second quarter Fixed customer net additions of 70,000, including 33,000 internet customer additions, driven by our leading TELUS Pur ...

Telus (TU) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. Zacks Consensus Estimate Estimate Revisions Trend Earnings Whisper A positive Earnings ESP is a strong predictor of an earnings beat, particularly when co ...

TELUS highlighted that its pure fiber-to-the-premise (FTTP) network is constructed with state-of-the-art fiber optics, ensuring the fastest and most capable network available by extending directly to the home or business. TELUS added that small businesses can now compete globally, students can gain access to more resources and content creators can share their vision without any compromise. It is dedicated to assisting newly connected residents and businesses in identifying services that align with their spe ...

Based in CA, the United States, Magnite (formerly known as the Rubicon Project Inc.) is a global provider of ad-tech solutions. The company's omnichannel advertising platform enables publishers to monetize across all auction types and formats, including CTV, desktop display, video, audio and mobile. Vancouver, British Columbia-based TELUS is a renowned brand in Canada's telecommunications industry. It provides wireless, wireline and Internet communications services for voice and data to businesses and consu ...

TELUS Corporation's (TU) subsidiary, TELUS Health, recently announced a partnership with Nova Scotia Health ("NSH") to empower the residents of Nova Scotia (a Canadian province) to gain swift access to their initial care information on the YourHealthNS application. The initiative is likely to be a major breakthrough in Canada in systemizing primary care data that aids Nova Scotians in effectively managing their health-related concerns and outcomes. Vancouver, British Columbia-based TELUS is one of the leadi ...

TELUS agreed that it needed to go lower and reached $21.12 last week. | --- | --- | |---------------------------------|--------| | Stock Covered | T:CA | | Analyst's rating at publication | HOLD | | Price at publication | $23.52 | | Change | -7.99% | | Total Return | -6.51% | | S&P 500 change | 8.38% | Seeking Alpha Non-permanent residents of Canada2 (millions) 3.00 2.66 2.50 2.00 1.50 1.50 1.00 0.50 2022 2022 2023 2023 2023 2022 2023 2024 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 1 The number of non-permanent residents of C ...

TELUS (TU) announced that it plans to invest more than $24 billion in Ontario over the next five years to significantly enhance its network infrastructure and operations. The current investment is part of a broader $73 billion initiative across Canada by 2028, aimed at developing infrastructure, improving sustainability, and advancing network technology. Since 2000, the company has invested more than $68 billion in Ontario to build network infrastructure and operations, establishing its 5G and PureFibre net ...

Financial Data and Key Metrics Changes - TELUS achieved resilient EBITDA growth of 4.3% and margin expansion of 170 basis points, reflecting the effectiveness of ongoing efficiency programs [70][36] - Consolidated operating revenues decreased by 1.2% year-over-year, while consolidated net income was down 38% year-over-year, and basic EPS was lower by 40% [36][21] - Free cash flow of $396 million was lower by $139 million primarily due to higher cash restructuring disbursements [37][36] Business Line Data and Key Metrics Changes - TELUS reported record first quarter mobile subscriber growth of 146,000 net additions, including 101,000 connected device net additions, a 74% increase year-over-year [71][74] - TTech operating revenues were up slightly by 0.4%, while adjusted EBITDA increased by 4.1% with an adjusted EBITDA margin expanding by 170 basis points [32][70] - TELUS Health achieved first quarter revenues of $420 million with a 28% EBITDA contribution growth, although revenue growth was noted to be unsatisfactory [16][136] Market Data and Key Metrics Changes - The mobile phone churn rate was 1.13%, which, despite being up against competitive activity, represented an industry-best result [75][5] - Fixed data service revenue grew 2.7% year-over-year, driven by strong customer growth across Internet, Security, and TV [31][36] - ARPU for mobile was reported at $59.31, down year-over-year due to intense promotional market activity [76][29] Company Strategy and Development Direction - TELUS is focused on margin accretive customer growth and enhancing its premium offerings to drive customer loyalty and profitability [3][4] - The company is leveraging its digital transformation to lower costs and improve customer experience, which is expected to support future growth [77][79] - TELUS aims to maintain a strong balance sheet while investing in growth opportunities across its business lines, including health and agriculture [41][40] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the competitive environment and macroeconomic challenges but expressed confidence in achieving financial targets for 2024 [24][38] - The company anticipates improvement in TELUS International and TELUS Health in the second half of the year, supported by strong sales bookings and operational efficiencies [40][138] - Management reiterated a commitment to delivering superior value to shareholders through a consistent dividend growth program [21][41] Other Important Information - TELUS announced a 7% dividend increase, reflecting its commitment to delivering superior value to shareholders [21][41] - The company is focused on cross-selling opportunities across its various business lines to enhance revenue growth [141][140] Q&A Session All Questions and Answers Question: Will TTech EBITDA growth pick up in subsequent quarters? - Management confirmed that they expect EBITDA growth for TTech to pick up, although they do not provide specific guidance [85] Question: What is the rationale for the recent changes in ARPU metrics? - Management explained that ARPU is influenced by competitive pressures and promotional activities, and they are focusing on profitability and customer segmentation [45][50] Question: Can you provide more details on the fixed data services revenue growth? - Management indicated that competitive pressure is affecting ARPU, but they are optimistic about growth opportunities through bundling and new product development [111][114] Question: What is the outlook for TELUS Health revenue growth? - Management expressed confidence in steady improvement in revenue growth for TELUS Health, driven by strong sales performance and integration synergies [138][139]

TELUS Corporation (NYSE:TU) Q4 2023 Results Conference Call February 9, 2024 12:30 PM ET Company Participants Robert Mitchell - Head, Investor Relations Darren Entwistle - President and Chief Executive Officer Doug French - Chief Financial Officer Zainul Mawji - President, Consumer Solutions Navin Arora - Executive Vice President and President, Business Solutions Tony Geheran - Chief Operating Officer Jeff Puritt - President and Chief Executive Officer, TELUS International Conference Call Participants Vince ...

Exhibit 99.1 | --- | --- | |-------|---------------------------------------| | | | | | TELUS CORPORATION | | | CONSOLIDATED FINANCIAL STATEMENTS | | | DECEMBER 31, 2023 | report of management on internal control over financial reporting Management of TELUS Corporation (TELUS, or the Company) is responsible for establishing and maintaining adequate internal control over financial reporting and for its assessment of the effectiveness of internal control over financial reporting. TELUS' President and Chief Exe ...