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Telus Corp (TU)

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Upturn Advisory Summary
01/09/2026: TU (1-star) is currently NOT-A-BUY. Pass it for now.
1 Year Target Price $16.83
1 Year Target Price $16.83
| 3 | Strong Buy |
| 5 | Buy |
| 9 | Hold |
| 1 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -2.42% | Avg. Invested days 44 | Today’s Advisory PASS |
Upturn Star Rating ![]() | Upturn Advisory Performance | Stock Returns Performance |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 20.72B USD | Price to earnings Ratio 23.86 | 1Y Target Price 16.83 |
Price to earnings Ratio 23.86 | 1Y Target Price 16.83 | ||
Volume (30-day avg) 18 | Beta 0.78 | 52 Weeks Range 12.50 - 16.06 | Updated Date 01/10/2026 |
52 Weeks Range 12.50 - 16.06 | Updated Date 01/10/2026 | ||
Dividends yield (FY) 12.26% | Basic EPS (TTM) 0.56 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 5.77% | Operating Margin (TTM) 15.97% |
Management Effectiveness
Return on Assets (TTM) 3.43% | Return on Equity (TTM) 4.69% |
Valuation
Trailing PE 23.86 | Forward PE 16.98 | Enterprise Value 40977267534 | Price to Sales(TTM) 1.01 |
Enterprise Value 40977267534 | Price to Sales(TTM) 1.01 | ||
Enterprise Value to Revenue 2.78 | Enterprise Value to EBITDA 8.41 | Shares Outstanding 1550956136 | Shares Floating 1545631560 |
Shares Outstanding 1550956136 | Shares Floating 1545631560 | ||
Percent Insiders 0.05 | Percent Institutions 54.88 |
Upturn AI SWOT
Telus Corp

Company Overview
History and Background
TELUS Corporation (TSX: T, NYSE: TU) is a Canadian telecommunications and information technology company headquartered in Vancouver, British Columbia. Founded in 1990, TELUS has evolved from a provincial telephone company into a national provider of a wide range of telecommunications and digital solutions. Key milestones include its privatization in 1996, the acquisition of Clearnet in 2000 to expand its wireless offerings, and significant investments in fiber optic technology and digital healthcare.
Core Business Areas
- Wireline: This segment includes the provision of residential and business internet, television (Optik TV), home phone services, and business network solutions. It leverages extensive fiber optic infrastructure.
- Wireless: This segment encompasses mobile voice and data services for consumers and businesses, including smartphones, tablets, and IoT devices. It operates one of Canada's largest and most advanced wireless networks.
- TELUS Health: This segment provides a comprehensive suite of health technology solutions, including electronic health records, pharmacy management, virtual care, and digital wellness programs for individuals and healthcare providers.
- TELUS International: This segment offers business process and digital transformation solutions, including customer experience and digital services, AI data solutions, and IT consulting for global clients.
Leadership and Structure
TELUS is led by a Board of Directors and an executive management team. The CEO is Darren Entwistle. The company is organized into various operating segments aligning with its core business areas, with dedicated leadership for each.
Top Products and Market Share
Key Offerings
- Optik TV: TELUS's flagship IPTV service offering high-definition television, on-demand content, and interactive features. Competitors include Bell Media (Fibe TV), Shaw Communications (BlueCurve TV), and Rogers Communications (Ignite TV). Market share data is difficult to pinpoint for specific products but TELUS is a major player in the Canadian pay-TV market.
- PureFibre Internet: TELUS's high-speed fiber optic internet service offering symmetrical download and upload speeds. Competitors include Bell Canada, Shaw Communications, and Rogers Communications, all of whom are expanding their fiber networks. TELUS has a significant and growing share of the Canadian high-speed internet market.
- Mobile Services: Includes a wide range of prepaid and postpaid voice and data plans for individuals and businesses, leveraging its 4G LTE and 5G networks. Key competitors are Rogers Wireless and Bell Mobility. TELUS holds a substantial portion of the Canadian wireless market.
- TELUS Health Electronic Health Records (EHR): A leading provider of EHR solutions in Canada, used by physicians, hospitals, and pharmacies. Competitors include Cerner, Epic, and smaller regional providers. TELUS Health is a dominant force in the Canadian EHR market.
Market Dynamics
Industry Overview
The telecommunications and digital solutions industry in Canada is highly competitive and capital-intensive. Key trends include the ongoing rollout of 5G networks, expansion of fiber optic infrastructure, increasing demand for digital health services, and the growth of IT and customer experience outsourcing.
Positioning
TELUS is positioned as a leading national telecommunications provider in Canada, differentiating itself through its advanced network infrastructure (particularly fiber and 5G), strong focus on customer experience, and significant investments in digital health and international IT services. Its competitive advantages lie in its integrated service offerings and its growing presence in high-growth digital sectors.
Total Addressable Market (TAM)
The TAM for telecommunications and digital services in Canada is substantial, encompassing mobile, internet, TV, and enterprise solutions. The global TAM for digital transformation and customer experience services is in the hundreds of billions of dollars. TELUS is well-positioned to capture a significant share of the Canadian market and a growing portion of the global digital services market through TELUS International.
Upturn SWOT Analysis
Strengths
- Extensive fiber optic and 5G network infrastructure.
- Strong brand reputation and customer loyalty.
- Diversified business segments including growth areas like TELUS Health and TELUS International.
- Consistent dividend growth and shareholder returns.
- Integrated service offerings (bundling).
Weaknesses
- High capital expenditure requirements for network upgrades.
- Dependence on regulatory decisions.
- Competition from national and international players.
- Potential for market saturation in mature segments.
Opportunities
- Continued expansion of 5G and fiber optic networks.
- Growth in the digital health sector.
- Expansion of TELUS International's global reach and service offerings.
- Increased demand for connected devices and IoT solutions.
- Potential for strategic acquisitions.
Threats
- Intensifying competition from national carriers and new entrants.
- Potential for disruptive technologies.
- Economic downturns impacting consumer and business spending.
- Cybersecurity threats.
- Changes in government regulations and spectrum availability.
Competitors and Market Share
Key Competitors
- Rogers Communications (RCI.B)
- Bell Canada (BCE)
- Shaw Communications (SJR.B) - now owned by Rogers
Competitive Landscape
TELUS competes directly with Canada's other major telecommunications providers, Rogers and Bell, in mobile, internet, and TV services. Its competitive advantages include its strong reputation for customer service, extensive fiber optic network, and diversification into high-growth digital sectors. The market is mature and highly competitive, requiring continuous investment in infrastructure and services.
Major Acquisitions
Significantly expanded its stake in TELUS International, formerly Xavify
- Year: 2020
- Acquisition Price (USD millions):
- Strategic Rationale: To gain full control and accelerate the global growth of its customer experience and digital solutions business.
BlackBerry's IoT Business Unit
- Year: 2024
- Acquisition Price (USD millions):
- Strategic Rationale: To enhance its automotive and IoT capabilities, particularly in connected vehicle solutions.
Growth Trajectory and Initiatives
Historical Growth: TELUS has experienced consistent growth over the past decade, fueled by network expansions, strategic acquisitions (like its significant investment in Lionbridge AI, now part of TELUS International), and the expansion of its digital services.
Future Projections: Analysts generally project continued growth for TELUS, driven by ongoing 5G and fiber deployments, the expanding digital health market, and the strategic growth of TELUS International. Projections are subject to market conditions and execution.
Recent Initiatives: Recent initiatives include the accelerated rollout of its PureFibre network, expansion of its 5G coverage, strategic investments in TELUS Health to further its digital health ecosystem, and ongoing efforts to integrate and grow TELUS International's global capabilities.
Summary
TELUS Corporation is a well-established Canadian telecommunications giant with a diversified business model, encompassing wireline, wireless, health, and international IT services. Its strengths lie in its robust network infrastructure and consistent dividend growth, while opportunities exist in expanding digital health and global IT outsourcing. However, it faces significant threats from intense competition and the need for continuous, high-cost network upgrades. Overall, TELUS is a strong player in its core markets with promising growth avenues, provided it can navigate the competitive landscape effectively.
Similar Stocks
Sources and Disclaimers
Data Sources:
- TELUS Corporation Investor Relations
- Financial News Websites (e.g., Bloomberg, Reuters, Wall Street Journal)
- Industry Analysis Reports
Disclaimers:
This analysis is based on publicly available information and is for informational purposes only. It does not constitute investment advice. Financial data and market share figures are estimates and subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Telus Corp
Exchange NYSE | Headquaters Vancouver, BC, Canada | ||
IPO Launch date 1996-06-11 | President, CEO & Director Mr. Darren Entwistle B.A., LL.D., M.B.A. | ||
Sector Communication Services | Industry Telecom Services | Full time employees 106800 | Website https://www.telus.com |
Full time employees 106800 | Website https://www.telus.com | ||
TELUS Corporation, together with its subsidiaries, provides a range of telecommunications and information technology products and services in Canada. It operates through Technology Solutions and Digitally-Led Customer Experiences segments. The Technology Solutions segment offers a range of telecommunications products and services; network services; healthcare services; mobile technologies equipment; data services, such as internet protocol; television; hosting, managed information technology, and cloud-based services; software, data management, and data analytics-driven smart food-chain and consumer goods technologies; home and business security; healthcare software and technology solutions; and voice and other telecommunications services, as well as mobile and fixed voice and data telecommunications services and products. The Digitally-Led Customer Experiences segment provides digital customer experience and digital-enablement transformation solutions, including artificial intelligence and content management solutions. The company was formerly known as TELUS Communications Inc. and changed its name to TELUS Corporation in February 2005. TELUS Corporation was incorporated in 1998 and is based in Vancouver, Canada.

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