TELUS Corp

T: XTSE (CAN)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Telus Earnings: Business Diversification Alleviates Stagnating Wireless Results, Maintaining FVE

Samuel Siampaus

Aug 1, 2025

Telus posted fair results, with total revenue up 2% year over year and the 35.6% adjusted EBITDA margin relatively flat compared with last year. Telus announced the monetization of its tower assets, selling a 49.9% equity stake for CAD 1.26 billion, which will be used to pay down debt.

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TELUS Corp

Telus Earnings: Business Diversification Alleviates Stagnating Wireless Results, Maintaining FVE

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