![]() TU provides wireless, wireline and Internet communications services for voice and data to businesses and consumers.Īt present, TELUS carries a Zacks Rank #3 (Hold). TELUS is one of the largest telecom carriers in Canada (the largest in western Canada), covering 95% of the country’s population. The company will release its second-quarter results on Aug 4. TELUS' TTech segment experienced robust net additions in mobile phone customers, with 110,000 new subscribers, representing a rise of 17,000 year over year. This growth was fueled by high demand for TELUS' extensive portfolio of mobility and fixed services, supported by a superior customer experience and leading wireless and wireline broadband PureFibre networks. ![]() Total mobile and fixed customer additions reached 293,000, indicating an increase of 46,000 compared with the previous year, representing the segment's strongest second quarter to date. In addition to the guidance update, TELUS shared positive operating metrics for its TTech business segment, demonstrating strong customer growth in the second quarter of 2023. ![]() Notably, the financial guidance for its TTech operating segment remains unchanged for 2023. TELUS Corporation price-consensus-chart | TELUS Corporation Quoteĭespite the near-term challenges, TELUS expects TI to benefit from digital transformation, GenAI adoption and differentiated digital customer experience solutions. ![]()
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