TELUS exploring dedicated infrastructure entity and strategic investment to supercharge its next-gen wireless networks

Core Insights - TELUS is exploring the potential sale of a minority stake in its wireless tower portfolio to strengthen its balance sheet and enhance network operations efficiency [1][2] - The proceeds from this initiative will be used to pay down debt, supporting TELUS' goal of achieving a leverage target ratio of 3 times net debt to EBITDA by 2027 [2] - TELUS is committed to sustainable growth and is considering multiple monetization opportunities as part of its de-leveraging strategy [2] Company Overview - TELUS is a leading communications technology company with over $20 billion in annual revenue and more than 20 million customer connections [3] - The company focuses on leveraging technology for positive human outcomes and is recognized for its client service excellence and social contributions [3] - TELUS has contributed$1.8 billion in various forms since 2000, earning the title of the world's most giving company [3]