Telus Corp ( (TU) ) has released its Q1 earnings. Here is a breakdown of the information Telus Corp presented to its investors.
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Telus Corp is a Canadian telecommunications company that provides a range of services in the mobile, fixed, health, and digital sectors, known for its advanced broadband networks and commitment to customer service excellence. In the first quarter of 2025, Telus Corp reported strong growth in both mobile and fixed customer segments, with a total increase of 218,000 customers. The company’s operating revenue and adjusted EBITDA grew by 3% and 4%, respectively, showcasing its resilience in a dynamic market. The introduction of the new Telus Health segment contributed significantly to this growth, with a 12% increase in revenue and a 30% rise in adjusted EBITDA. Telus also announced a 7% increase in its quarterly dividend, continuing its long-standing dividend growth program. The company reaffirmed its financial targets for 2025, projecting steady growth in operating revenues and adjusted EBITDA, supported by strategic investments and cost management. Looking ahead, Telus remains focused on leveraging its robust asset mix and business strategy to achieve sustainable growth and deliver value to its stakeholders.