Telus Stock Price, News & Analysis

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.

TELUS Corporation (NYSE:TU) has announced its latest quarterly dividend declaration. The company's Board of Directors has declared a quarterly dividend of $0.4163 CAD per share on common shares. The dividend will be payable on October 1, 2025, to shareholders of record as of the close of business on September 10, 2025.

TELUS Digital (NYSE:TIXT) reported Q2 2025 financial results showing mixed performance. Revenue increased 7% to $699 million, driven by existing client growth, including TELUS and social media clients. However, the company recorded a significant net loss of $272 million, largely due to a $224 million goodwill impairment charge.

Key metrics include Adjusted EBITDA of $94 million (down from $130M YoY), with margins declining to 13.4% from 19.9%. The company maintains its 2025 outlook with approximately 2% organic revenue growth and Adjusted EBITDA of $400 million. Notably, TELUS Corporation's June 2025 proposal to acquire remaining TIXT shares is under review by a special committee.

TELUS Corporation (NYSE:TU) reported its Q2 2025 financial results, delivering strong operational performance with industry-leading customer growth of 198,000 across mobile and fixed services. The company achieved consolidated operating revenues of $5.1 billion, up 2% year-over-year, and Adjusted EBITDA growth of 4% in its TTech segment including TELUS Health.

Key highlights include free cash flow growth of 11% to $535 million and a significant strategic transaction with La Caisse, who will acquire a 49.9% stake in wireless tower operator Terrion for $1.26 billion. TELUS Health showed strong momentum with 16% revenue growth and 29% Adjusted EBITDA growth, now covering 157 million lives globally.

The company recognized a $500 million goodwill impairment related to TELUS Digital, resulting in a net loss of $245 million. However, TELUS reaffirmed its 2025 financial targets and aims to achieve a leverage ratio of approximately 3.55-times net debt to EBITDA by the end of 2025.

OpenText (NASDAQ: OTEX) and TELUS have announced a strategic partnership to launch the OpenText and TELUS Canadian Sovereign Cloud, set to be available in September 2025. This enterprise-grade cloud computing and AI platform ensures complete data sovereignty by keeping all operations within Canadian borders.

The platform will operate from TELUS' Canadian data centers in Rimouski, Quebec, and Kamloops, British Columbia. OpenText currently serves 1,600 Canadian institutions, with nearly a thousand organizations already using AI-powered cloud applications. The partnership will integrate OpenText's Aviator AI products with TELUS' AI Factory, offering sovereign AI-enabled search and summarization capabilities while maintaining data security within Canada.

TELUS (NYSE:TU) and Welch's have announced a groundbreaking 10-year partnership to revolutionize food industry compliance and supply chain transparency. The collaboration leverages TELUS Agriculture & Consumer Goods' proprietary agricultural database and analytics to provide automated validation and real-time compliance monitoring throughout Welch's operations.

The partnership will support Welch's network of over 700 grape growers across the United States and its product distribution in over 40 countries. The platform will deliver automated compliance validation, custom rules management, and enhanced supply chain transparency, creating a new standard for data-driven decision making in the food industry.

TELUS (NYSE:TU) participated in the United Nations AI for Good Global Summit 2025 in Geneva, showcasing its commitment to responsible AI development and ethical innovation. As a member of the AI Skills Coalition, TELUS demonstrated its human-centric approach to AI development through multiple high-profile sessions.

The company hosted an interactive workshop featuring its proprietary Fuel iX™ platform, focusing on building ethical AI with Indigenous perspectives. TELUS highlighted its achievements as the first company globally to achieve ISO 31700-1 Privacy by Design certification for its generative AI customer support tool and the first Canadian company to embrace the Hiroshima AI Process Reporting Framework.

Notable initiatives include the launch of Sovereign AI Factories in Canada, featuring a sustainable AI-ready data center in Rimouski, Quebec, that uses 99% renewable energy and is three times more energy efficient than industry average.

TELUS Digital (NYSE:TIXT) has provided an update regarding TELUS Corporation's (NYSE:TU) non-binding proposal from June 11, 2025, to acquire all remaining shares of TELUS Digital not already owned by TELUS Corporation.

The company has formed a Special Committee of six independent directors to evaluate the proposal and alternatives. The committee has engaged several advisors including: McCarthy Tétrault LLP (legal), BofA Securities (financial), BMO Capital Markets (independent valuator), and FGS Longview (communications).

The Special Committee emphasizes its commitment to transparency and acting in the best interests of all stakeholders. No decisions have been made regarding the proposal, and there is no guarantee of a binding offer or transaction completion.

TELUS Corporation (NYSE:TU) has announced the pricing terms for its previously announced cash tender offers to purchase eight series of outstanding notes. The company has accepted for purchase three series of notes with the following amounts: C$694.7 million of 3.95% Senior Notes due 2050, C$421.9 million of 4.10% Senior Notes due 2051, and C$266.8 million of 4.40% Senior Notes due 2046.

The tender offers' Financing Condition has been satisfied through TELUS's recent closing of a US$1.5 billion junior subordinated notes offering. Settlement for the accepted notes is expected to occur on July 3, 2025. Holders of accepted notes will receive the Total Consideration plus accrued and unpaid interest up to the Settlement Date.

The company has retained multiple financial institutions as dealer managers, including RBC Dominion Securities, BMO Nesbitt Burns, CIBC World Markets, Scotia Capital, and TD Securities as lead dealer managers, along with several co-dealer managers for the offers.