DARREN ENTWISTLE TO RETIRE JUNE 30 AFTER OVER 26 YEARS OF TRANSFORMATIONAL LEADERSHIP; TELUS CORPORATION NAMES VICTOR DODIG NEXT PRESIDENT AND CEO [Accessibility Statement] Skip NavigationAppointment of highly accomplished and talented business leader Victor Dodig is the result of robust succession planning process by TELUS Board of Directors.Darren Entwistle recognized for leading TELUS' growth from regional telecom to a global technology leader.VANCOUVER, BC, Feb. 12, 2026 /PRNewswire/ - The Board of Dire ...

VANCOUVER, BC, Feb. 12, 2026 /PRNewswire/ - TELUS Corporation today released its unaudited results for the fourth quarter of 2025. Consolidated operating revenues and other income was $5.3 billion, compared with $5.4 billion in the prior year, as higher Consolidated service revenue growth of 1 per cent was offset by lower Mobile equipment revenue and Other income. Consolidated service revenue growth was driven by: (i) growth in health services, reflecting business acquisitions and growth in payor and provid ...

Core Insights - The TELUS Digital poll indicates that follow-up questions to AI assistants like ChatGPT or Claude rarely lead to more accurate responses, emphasizing the importance of high-quality training data and model evaluation for AI systems [1][2] Group 1: Poll Findings - Among 1,000 U.S. adults using AI regularly, only 8% reported that AI responses became less accurate when questioned, while 26% could not determine the correct answer, 40% felt the new response was similar to the original, and 25% believed the new response was more accurate [1] - 88% of respondents have witnessed AI making mistakes, yet only 15% always fact-check AI-generated answers, indicating a gap in user diligence [1] Group 2: Research Findings - TELUS Digital's research evaluated four large language models (LLMs): Meta's Llama-4, Anthropic's Claude Sonnet 4.5, Google's Gemini 3 Pro, and OpenAI's GPT-5.2, focusing on their responses to follow-up prompts [1] - The study found that follow-up prompts do not reliably improve LLM accuracy and can sometimes decrease it, with GPT-5.2 showing a tendency to change correct answers to incorrect ones when questioned [1] Group 3: Recommendations for Enterprises - Enterprises are encouraged to invest in robust subject matter expertise, flexible platforms, and end-to-end AI data solutions to ensure AI reliability and user trust [1][2] - High-quality, expert-guided data is essential for training AI systems effectively, particularly in high-stakes contexts [2]

Core Insights - Telus is expected to report quarterly earnings of $0.18 per share, unchanged from the same period last year, with revenues projected at $3.93 billion, reflecting a year-over-year increase of 2.2% [1] - There have been no revisions in the consensus EPS estimate over the last 30 days, indicating stability in analysts' forecasts [1][2] Financial Metrics - Total telecom subscriber connections are projected to reach 21.02 million, up from 20.18 million in the same quarter last year [4] - Subscribers for connected devices are expected to be 4.30 million, compared to 3.73 million a year ago [4] - Internet subscribers are estimated at 2.81 million, slightly up from 2.76 million in the previous year [5] - TV subscribers are forecasted to reach 1.45 million, an increase from 1.39 million year-over-year [5] - Security subscribers are estimated at 1.16 million, up from 1.12 million in the same quarter last year [6] - Residential voice subscribers are projected to be 977.06 thousand, down from 1.03 million a year ago [6] - Mobile phone subscribers are expected to be 10.33 million, compared to 10.15 million in the same quarter last year [7] Market Performance - Telus shares have returned +5.6% over the past month, outperforming the Zacks S&P 500 composite, which showed no change [7] - The company holds a Zacks Rank 2 (Buy), indicating expectations of beating overall market performance in the near future [7]

Core Insights - A strategic agreement between Abu Dhabi Health Data Services (ADHDS) and TELUS Health aims to introduce personalized employee wellbeing solutions in the UAE, integrating wellness, precision medicine, and AI-driven healthcare innovation [1][2] - The Employee Assistance Program (EAP) will feature over 40 modules focused on emotional, lifestyle, and wellbeing support, delivered in local languages to enhance user experience [1][2] - The collaboration seeks to create a health and wellbeing environment that improves workplace focus, reduces absenteeism, and enhances productivity and engagement for employers [2] Company Overview - M42, headquartered in Abu Dhabi, is a global health champion leveraging AI, technology, and genomics to innovate healthcare solutions [3] - Established in 2023, M42 operates over 480 facilities across 26 countries and employs more than 20,000 individuals, including partnerships with renowned healthcare providers [4] - ADHDS, a key asset of M42, was founded in 2018 as a Public-Private Partnership to operate Malaffi, the Abu Dhabi Health Information Exchange, and has been recognized for its rapid deployment of advanced digital healthcare solutions [7] Industry Context - The UAE is experiencing a significant shift in organizational approaches to employee wellbeing, with a focus on integrating mental health support and wellness solutions [2] - The partnership between ADHDS and TELUS Health aims to enhance healthcare delivery through AI innovation and digital infrastructure, ultimately building more resilient health systems [2][6] - TELUS Health operates in over 200 countries, supporting more than 160 million individuals in their physical, mental, and financial wellbeing journeys [8][9]

Core Insights - The TELUS cross-border study indicates a strong demand for companies to earn trust in AI through collaboration, transparency, and accountability [1] Group 1: Public Sentiment on AI - 90% of respondents in both Canada and the U.S. believe AI should be regulated, highlighting a near-universal call for robust governance [1] - Approximately 70% of respondents want companies to solicit and consider customer feedback on AI deployment [1] - Over 75% of respondents desire companies to assess potential harms of AI before releasing new tools and to provide clear explanations of AI usage [1] Group 2: AI Adoption Rates - 85% of Canadians and 89% of Americans report using AI, indicating widespread acceptance and integration of the technology [1] Group 3: Recommendations for Building Trust - Companies should collaborate across sectors to establish ethical standards that ensure safety while promoting innovation [1] - Clear explanations and human oversight are essential for critical AI decisions [1] - Diverse perspectives should be integrated throughout the AI development process to create equitable systems [1] Group 4: TELUS's Commitment and Leadership - TELUS has established itself as a leader in human-centric technology, focusing on responsible AI development [1] - The company has engaged in various initiatives, including partnerships with Indigenous communities and contributions to international AI forums [1] - TELUS has received multiple awards for its responsible AI practices and was the first telecom to sign a voluntary AI code of conduct in Canada [1]

Core Viewpoint - TELUS Corporation successfully completed the redemption of C$600 million 3.75% Notes, demonstrating its commitment to balance sheet management and financial stability [1][2]. Group 1: Financial Management - The redemption was funded through proceeds from TELUS' December 2025 offering of Fixed-to-Fixed Rate Junior Subordinated Notes, which raised C$2.9 billion for debt repayment [1]. - TELUS has undertaken a broader balance sheet management initiative, including the early redemption of seven series of discounted notes totaling C$1.0 billion [2]. - The company aims to reduce its net debt to adjusted EBITDA ratio to approximately 3.3 times or lower by year-end 2026 and around 3.0 times by the end of 2027 [3]. Group 2: Strategic Priorities - The company's proactive management of its debt maturity profile is intended to create greater financial flexibility to support capital allocation priorities and enhance long-term shareholder value [2]. - TELUS is committed to a deleveraging trajectory that is progressing ahead of plan, with a projected net debt to adjusted EBITDA of approximately 3.4 times for 2025 [3].

Group 1 - The core initiative is the "Haihe Sci-Tech Innovation and Entrepreneurship Launch Plan," aimed at creating a comprehensive innovation and entrepreneurship education system in Tianjin through collaboration among government, universities, society, and enterprises [1] Group 2 - The plan includes the establishment of the "Municipal Youth Teacher Award for Innovation," which will support outstanding young teachers in key industries such as artificial intelligence, new generation information technology, high-end equipment manufacturing, biomedicine, and new energy materials [2] - Each year, the award will select teachers with high-level research achievements and entrepreneurial potential, providing support for project development, data analysis, and academic exchanges [2] Group 3 - The initiative will host the "Tianjin Open Innovation and Entrepreneurship Challenge," focusing on intelligent technology and aligning university innovation education with industry needs [2] - The competition will have two tracks for alumni and students, aiming to identify high-potential entrepreneurial projects and provide multi-level support services including training, investment, and incubation [2] Group 4 - The establishment of the Tianjin Higher Education Innovation and Entrepreneurship Education Alliance will bring together universities to share resources and enhance innovation education capabilities [3] - Key universities involved include Tianjin University, Tianjin University of Technology, Tianjin Polytechnic University, and Tianjin University of Science and Technology, which will collaborate on curriculum development and practical training [3]

Core Viewpoint - Telus has announced another round of voluntary severance packages, further reducing its workforce in Canada, which raises concerns about the impact on the economy and service quality in the telecommunications sector [1][2]. Group 1: Job Cuts and Workforce Impact - Telus has offered nearly 700 voluntary severance packages to its Canadian workers, including over 500 members of the United Steelworkers union [2]. - The job cuts are primarily affecting Telus Business Solutions operations in British Columbia, Alberta, Ontario, and Quebec [3]. - Workers have until January 21 to decide on the severance offers [3]. Group 2: Customer Service Concerns - Complaints from Telus customers to the Commission for Complaints for Telecom-television Services increased by 62% in 2025 compared to 2024, indicating growing dissatisfaction with service quality [4]. - The job cuts at Telus are expected to exacerbate customer dissatisfaction with telecommunications services in Canada [4][5]. Group 3: Government and Union Response - The Canadian government has been criticized for not taking action to address job losses or service standard concerns in the telecommunications sector [5][6]. - The United Steelworkers union plans to continue lobbying the federal government to protect Canadian jobs and maintain the integrity of the national telecom infrastructure [6].

Core Insights - TELUS Corporation is engaging TD Securities Inc. and Jefferies Securities, Inc. as financial advisors to strategize the monetization of its TELUS Health business, which serves over 160 million lives globally and has generated $1.5 billion in operating revenue year-to-date as of Q3 2025 [1][2] Group 1: TELUS Health Business Overview - TELUS Health operates in over 200 countries and territories, generating an EBITDA of $258 million and cash flow of $99 million as of Q3 2025 [1] - The company views TELUS Health as a world-class digital asset with significant growth potential, particularly in AI products and international expansion [2] Group 2: Strategic Partnerships and Monetization - The monetization strategy aims to identify a strategic partner to enhance value creation by adding complementary skills and customer reach [2] - TELUS Health is considered a key near-term monetization opportunity that aligns with TELUS' deleveraging targets, aiming for a net debt to adjusted EBITDA ratio of approximately 3.4 times in 2025, reducing to around 3.3 times by the end of 2026 [2] Group 3: Financial Performance and Future Outlook - TELUS is targeting a minimum 10% compounded annual growth rate in free cash flow through 2028, supported by a strong operational and financial performance [2] - The engagement of financial advisors is part of a disciplined capital allocation framework that has consistently defined TELUS' approach to value creation [2]