Core Insights - The 2024 Data & Trust survey by TELUS indicates a significant increase in American consumers' concerns regarding data privacy, with 82% stating it matters more than ever before [1][2] - The survey highlights the importance of company reputation and trust in influencing consumer behavior, with 88% considering a company's data handling reputation important and 86% stating trust inspires them to use a company's products [2][4] Group 1: Data Privacy Concerns - 74% of respondents expressed worries about how organizations handle their personal data, indicating a high level of concern [2][4] - 52% of Americans think about their data privacy daily, reflecting a heightened awareness of data privacy issues [2][4] Group 2: Trust and Technology - 86% of Americans want artificial intelligence (AI) to be developed with care, emphasizing the need for responsible AI practices [4][5] - 81% of respondents believe that AI should be presented with clarity and transparency, highlighting the demand for understandable communication regarding AI [4][5] Group 3: TELUS Commitment - TELUS has been proactive in establishing trustworthy practices, being the first organization to secure the ISO 31700-1 Privacy by Design certification and signing a voluntary AI code of conduct [5][6] - The company aims to lead in data trust, privacy, and security, continuously evolving its practices to meet customer expectations [5][6]

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VANCOUVER, BC, Sept. 27, 2024 /PRNewswire/ - TELUS Corporation ("TELUS") today announced that it has acquired, through a wholly owned subsidiary, an aggregate of 2,593,631 subordinate voting shares (the "Purchased Shares") in the capital of TELUS International (Cda) Inc. ("TELUS Digital") by way of market purchases over the facilities of the Toronto Stock Exchange. As a result of the acquisition of these subordinate voting shares, TELUS has acquired an additional 2.35% interest in the TELUS Digital subordin ...

TELUS Corporation (TU) recently announced a C$9.6 million investment in Quebec's Chaudière-Appalaches region. This investment will be supported by an additional C$2.7 million from the government of Quebec and C$2.2 million from the Canadian Radio-television and Telecommunications Commission ("CRTC"), enabling the installation of 20 new 5G wireless sites in the area. The government of Quebec's investment, announced in April 2024, will support the development of 16 new sites to boost cellular coverage in the ...

TELUS Corporation (TU) has joined forces with the Quebec Artificial Intelligence Institute, Mila, to advance artificial intelligence (AI) technology for societal good. This partnership will allow both organizations to explore cutting-edge AI innovations and assess their potential effects on various industries, benefiting customers in Canada. Building on the recent introduction of Mila's Indigenous Pathfinders in AI program, TELUS will be backing additional career development initiatives that foster leadersh ...

Core Insights - TELUS Corporation has launched EnContinu+, a streaming bundle aimed at enhancing the entertainment experience for Quebec residents, offering savings of up to 20% on individual packages [1][2] - The bundle includes two pricing tiers: a Basic Plan at $25/month and a Premium Plan at $38/month, featuring popular streaming services [2] - TELUS is committed to innovation and growth in Quebec, with a total investment of C$6.6 million in the North Shore region, supported by additional funding from the Quebec government and the Canadian Radiotelevision and Telecommunications Commission [5][6] Company Overview - TELUS is a leading telecom carrier in Canada, generating over C$20 billion in annual revenues and serving 19 million customer connections [4] - The company provides a range of services including wireless, wireline, and Internet communications for both businesses and consumers [4] Investment and Growth Strategy - TELUS plans to invest C$73 billion across Canada by 2028, with C$10 billion earmarked specifically for the Quebec economy [6] - Recent investments will support the deployment and upgrade of PureFibre and 5G networks, including the addition of 10 new 5G wireless sites [6] Financial Performance - In the last reported quarter, TELUS's total operating revenues increased by 0.6% year over year to C$4,974 million, primarily due to higher service revenues in the technology solutions segment [7] - However, the TELUS Digital segment experienced a decline, with revenues falling 7.9% year over year to C$666 million, attributed to challenging macroeconomic conditions [7] Stock Performance - TELUS currently holds a Zacks Rank of 3 (Hold), with shares rising 0.2% in the last trading session, but down 10% year-to-date compared to a 0.8% growth in the sub-industry [8]

TELUS results upset your gut? There is Pure Fibre For That! Marvin Samuel Tolentino Pineda/iStock Editorial via Getty Images Note: All amounts discussed are in Canadian Dollars. All references are to the TSX price of the stock. We finally upgraded TELUS Corporation (TSX:T:CA) to a buy a couple of months ago. This was after consistently rating it a hold for over 2 years and even a strong sell prior to that. Coming back to the reason for our upgrade, TELUS was doing well in the Canadian Wireless Wars, and it ...

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TELUS Corporation (NYSE:TU) Q2 2024 Earnings Conference Call August 2, 2024 12:30 PM ET Company Participants Robert Mitchell - Head, IR Darren Entwistle - President and CEO Doug French - EVP and CFO Zainul Mawji - EVP and President, Consumer Solutions Jeff Puritt - President and CEO, TELUS International Conference Call Participants Vince Valentini - TD Securities Drew McReynolds - RBC Jerome Dubreuil - Desjardins Stephanie Price - CIBC Tim Casey - BMO Maher Yaghi - Scotiabank Simon Flannery - Morgan Stanley ...

Core Viewpoint - Telus reported quarterly earnings of $0.18 per share, exceeding the Zacks Consensus Estimate of $0.16 per share, and showing an increase from $0.14 per share a year ago, representing an earnings surprise of 12.50% [1][2] Financial Performance - The company posted revenues of $3.64 billion for the quarter ended June 2024, which was 1.65% below the Zacks Consensus Estimate and a decrease from $3.68 billion in the same quarter last year [2] - Over the last four quarters, Telus has surpassed consensus EPS estimates three times but has not beaten revenue estimates during this period [2] Stock Performance - Telus shares have declined approximately 8% since the beginning of the year, contrasting with the S&P 500's gain of 14.2% [3] - The current Zacks Rank for Telus is 4 (Sell), indicating expectations of underperformance in the near future [6] Earnings Outlook - The consensus EPS estimate for the upcoming quarter is $0.19 on revenues of $3.82 billion, and for the current fiscal year, it is $0.75 on revenues of $14.96 billion [7] - The trend of estimate revisions for Telus has been unfavorable leading up to the earnings release [6] Industry Context - The Diversified Communication Services industry, to which Telus belongs, is currently ranked in the bottom 38% of over 250 Zacks industries, suggesting potential challenges for stock performance [8]