TELUS Corp

T: XTSE (CAN)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Telus Earnings: Good Quarter of Subscriber Additions, but Revenue Remains Weak

Matthew Dolgin

Nov 7, 2025

Telus had a good third quarter for both internet and mobile phone subscriber additions, but a depressed and competitive market continues to weigh on pricing. Total telecom services revenue was slightly down year over year. Margin expansion continued, with a focus on cost efficiency.

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TELUS Corp

Telus Earnings: Good Quarter of Subscriber Additions, but Revenue Remains Weak

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