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 (NYSE: TU, TSX: T) generates frequent news across communications technology, digital health, agriculture, consumer goods and customer experience services. Company releases highlight its broadband connectivity operations, global expansion of TELUS Health, and the growth of TELUS Digital’s AI‑enabled customer experience platforms. Investors following TU news can track how these activities interact with the company’s capital allocation framework, deleveraging plans and shareholder return policies.
Recent announcements have focused on TELUS Health’s global scale and monetisation strategy, including the engagement of TD Securities and Jefferies as financial advisors to evaluate potential strategic partnerships. News has also covered TELUS leadership and board members purchasing additional shares, as well as share repurchases under a normal course issuer bid, which the company links to its view of the stock’s value and its long‑term growth prospects.
TELUS regularly issues updates on its financing activities, such as offerings of fixed‑to‑fixed rate junior subordinated notes in U.S. and Canadian dollars, cash tender offers for multiple series of long‑dated notes, and the redemption of specific note series. Quarterly results releases provide detail on operating revenue, adjusted EBITDA, free cash flow, subscriber growth across mobile and fixed services, and performance in TELUS Health and TELUS Digital.
On this TU news page, readers can review company‑issued press releases and related coverage, including items on network investments, partnerships like the Terrion wireless tower venture, analyst recognition of TELUS Digital’s CX transformation capabilities, and updates to dividend and dividend reinvestment plan policies. Regularly checking this feed helps investors and observers understand how TELUS’ operational performance, strategic initiatives and balance sheet actions evolve over time.
TELUS International (NYSE:TIXT) has announced the opening of a new digital customer experience delivery center in North Charleston, enhancing its capacity to support global brands. The facility will create approximately 1,200 jobs by 2022, in addition to hiring 600 team members by the end of 2021. The site covers 80,000 square feet and features modern amenities for employees. TELUS International also donated $10,000 to support local educators. The company aims to continue its growth and positive momentum with double-digit organic growth reported in the second quarter.
The Board of Directors has announced a quarterly dividend of $0.3162 Canadian per share for common shares. This dividend is payable on October 1, 2021, to shareholders on record as of the close of business on September 10, 2021. This move reflects the company’s commitment to returning value to its shareholders.
TELUS Corporation reported a strong second quarter of 2021, with consolidated revenue growth of 10% year-over-year, reaching $4.1 billion. Adjusted EBITDA increased by 9.5% to $1.5 billion, driven by significant customer net additions of 223,000 and mobile phone net additions of 89,000. The company reaffirmed its annual targets, anticipating continued revenue and EBITDA growth of up to 10% and 8%, respectively. TELUS Health saw a remarkable 26% revenue growth in health services, and the company has expanded its broadband and 5G coverage while maintaining low customer churn rates.
TELUS Corporation announced a full redemption of its outstanding C$1 billion 2.35% Notes on August 17, 2021, due March 28, 2022. The redemption price will follow the applicable indenture. This decision is part of TELUS's ongoing financial strategy, enhancing its capital structure. The company boasts an impressive $16 billion in annual revenue, with 16 million customer connections across various sectors.
For more details on TELUS, visit telus.com.
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TELUS Corporation has received approval from the Toronto Stock Exchange for a new normal course issuer bid (2021 NCIB) to purchase and cancel up to C$250 million of its shares over 12 months starting June 4, 2021. The bid allows the purchase of up to 16 million shares, representing 1.18% of outstanding shares. The company plans to buy shares at market price and may also execute private purchases at discounts. TELUS may implement automatic share purchase plans during internal blackout periods. The board believes these purchases will enhance share value.
The Board of Directors of TELUS has declared a quarterly dividend of $0.3162 Canadian per share on the outstanding Common shares. This dividend is payable on July 2, 2021 to shareholders of record by the close of business on June 10, 2021.
This announcement highlights the company's commitment to returning value to its shareholders.