Telus Corp
TU · NYSE
Company research
TELUS Corporation (NYSE: TU) is a Canadian multinational communications technology company headquartered in Vancouver, British Columbia, and incorporated in 1998, operating as one of Canada's three dominant national telecommunications providers alongside BCE Inc. and Rogers Communications. The company serves over 21 million customer connections across more than 45 countries, generating over CAD $20 billion in annual revenue, through its core segments: TELUS Technology Solutions, which delivers wireless and wireline voice and data services, broadband internet, IPTV, and cloud-based and managed IT solutions, and TELUS Digitally-Led Customer Experiences, which provides AI-powered digital customer experience management and digital transformation services globally. Beyond traditional telecom, TELUS has significantly diversified into adjacent verticals through TELUS Health, offering healthcare software, virtual care, and benefits administration, as well as TELUS Agriculture & Consumer Goods, which leverages data analytics and smart food-chain technologies. Led by long-tenured CEO Darren Entwistle since January 2000, TELUS employs approximately 110,000 people worldwide and trades on both the Toronto Stock Exchange (TSX: T) and the New York Stock Exchange (NYSE: TU).
Research reports
Sure Dividend (Sure Analysis) · November 10, 2025TELUS Corporation (TU)
This Sure Analysis report by Sure Dividend provides a full equity research-style review of TELUS, highlighting its position as one of Canada’s “big three” telecoms, its long dividend growth streak, and its defensive, subscription-based business model while noting that the company’s high payout ratio and elevated debt burden constrain retained earnings and raise concerns about long‑term growth capacity. The analyst projects roughly 10% earnings‑per‑share growth and an 8% dividend yield leading to an estimated 12.7% average annual total return over five years, but still assigns only a hold rating because the stock trades above the firm’s estimate of fair value and carries heavy leverage and weaker recent performance versus broad indices, making upside dependent on successful deleveraging and margin improvement.
KoalaGains · November 4, 2025TELUS Corporation (TU) Stock Analysis & Key Metrics (2026)This November 4, 2025 KoalaGains report offers a qualitative, Buffett/Munger‑style fundamental analysis of TELUS, describing it as one of Canada’s three dominant telecoms with a strong moat built on capital‑intensive national fiber and 5G infrastructure, regulatory barriers to entry, economies of scale, bundled mobile/broadband/TV services, and a customer‑service‑driven brand that supports predictable subscription cash flows. At the same time, it emphasizes that TELUS carries a very large and risky debt load that is severely pressuring profitability and rendering its currently high dividend yield potentially unsustainable, leading to a mixed outlook where future returns hinge on successful execution of technology ventures and meaningful deleveraging, and investors are urged to balance the appeal of the yield against substantial balance‑sheet and growth risks rather than treating the shares as a straightforward bargain.