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]

Telus (TU) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. Zacks Consensus Estimate Estimate Revisions Trend Earnings Whisper A positive Earnings ESP is a strong predictor of an earnings beat, particularly when co ...

TELUS highlighted that its pure fiber-to-the-premise (FTTP) network is constructed with state-of-the-art fiber optics, ensuring the fastest and most capable network available by extending directly to the home or business. TELUS added that small businesses can now compete globally, students can gain access to more resources and content creators can share their vision without any compromise. It is dedicated to assisting newly connected residents and businesses in identifying services that align with their spe ...

Based in CA, the United States, Magnite (formerly known as the Rubicon Project Inc.) is a global provider of ad-tech solutions. The company's omnichannel advertising platform enables publishers to monetize across all auction types and formats, including CTV, desktop display, video, audio and mobile. Vancouver, British Columbia-based TELUS is a renowned brand in Canada's telecommunications industry. It provides wireless, wireline and Internet communications services for voice and data to businesses and consu ...

TELUS Corporation's (TU) subsidiary, TELUS Health, recently announced a partnership with Nova Scotia Health ("NSH") to empower the residents of Nova Scotia (a Canadian province) to gain swift access to their initial care information on the YourHealthNS application. The initiative is likely to be a major breakthrough in Canada in systemizing primary care data that aids Nova Scotians in effectively managing their health-related concerns and outcomes. Vancouver, British Columbia-based TELUS is one of the leadi ...