
TSE:T
This summary was created by AI, based on 78 opinions in the last 12 months.
Telus Corp (T-T) has faced significant scrutiny from investors and analysts amid concerns regarding its dividend sustainability and overall growth potential. While some experts appreciate the attractive dividend yield, currently around 9%, many express doubts about its ability to maintain this payout, suggesting a likely cut could be necessary to strengthen the balance sheet. The telco sector overall is viewed as stagnant, with heightened competition and a lack of population growth negatively impacting revenue prospects. Discussions around the company’s debt levels, capital expenditures, and the impact of a new CEO suggest that while there may be turnaround potential, the immediate outlook remains cautious. Overall, investors should be prepared for a period of restructuring, with mixed opinions on whether Telus can reinvigorate its growth strategy in the face of prevailing challenges.
He is very warm towards the telecom companies. Gaining market share from Rogers (RCI.B-T).