TSE:T

Telus Corp (T.TO)

15.70
-0.32 (2.00%)
as of Jun 25, 2026, 7:06:07 pm Market Open.
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Investor Insights
star iconJun 25, 2026, 12:00 am

This summary was created by AI, based on 81 opinions in the last 12 months.

Telus Corp has garnered mixed opinions among experts, particularly concerning its dividend sustainability and growth prospects. While many analysts highlight the attractive yield, often at or above 8%, there are significant concerns about the company's high payout ratio, intense sector competition, and a challenging growth environment, particularly with the decrease in immigration impacting subscriber growth. The new CEO is seen as a potential catalyst for change, but there's uncertainty regarding decisions such as dividend cuts necessary for financial health. Investors focusing on income may continue to find Telus a reliable option, yet many experts advise caution due to the macroeconomic pressures and the sector's overall outlook.

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Consensus
Cautious
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Valuation
Undervalued
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RCI.B
COMMENT
Very well managed business. He keeps thinking about these players and how they are going to merge together at some point. If you are going to own in this area, this is probably the one that he would buy.
BUY
Subscriber numbers on their wireless where extremely strong. Solid growth. Good value at these levels.
HOLD
Once the dust clears on where the next generation of wireless is going, this will be one of the prominent players. He prefers Rogers (RCI.B-T) in this space.
HOLD
Had execution issues such as wireless growth and cost of new customers. Biggest problem is their CDMA wireless technology as opposed to global GSM. Will have to build an overlay network requiring a large outlay. When an announcement is made, stock will probably drop and that would be the time to Buy.
DON'T BUY
A lot of people will be looking at this one because they have lost BCE and they want something in the telco sector. Could be looking at 6 months of more negative news than positive. Talking of changing from a CDMA network to a GSM and there will be a lot of different viewpoints on what this will cost. There is also the threat of a new wireless entrant coming in.
HOLD
(Market Call Minute.)
TOP PICK
5.95% bond maturing Apr 15/15. 200 basis points above Canada’s and are investment grade. Issued after all the kafuffle about the Bell debentures so there were a couple of corporate issues with 2 provisos. If there’s a change of control and/or the investment falls below investment grade the company must buy these back at 101.
DON'T BUY
Wire line and wireless companies are having a difficult time right now across North America. Expect this will continue in the short run.
PAST TOP PICK
(A Top Pick July 16/07. Down 31%.) Not a bad looking company, but ROE is falling. Sold his holdings.
BUY
Outlook for 4-5 years is not stellar, but not bad either. Has been beaten down because of the Spectrum auction for wireless. Doesn't see competition happening soon or eroding margins very fast. Likes the dividend yield.
PAST TOP PICK
(A Top Pick May 9/07. Down 19%.) Sold his holdings last summer before the big drop. Was concerned that they would have to to upgrade to the GSM.
COMMENT
Increase in stock relies on many factors including wireless business, where the Source license will go and also what happens to Bell Canada (BCE-T). If the BCE deal goes through, what will the new management have on the telecom landscape.
BUY
(Market Call Minute.) 3.9% yield. Getting some traction in its wireless.
BUY
On the assumption that the Bell Canada (BCE-T) deal does get done, there will be a lot of money that has been designated for the Telecom area and will have to be redeployed. Feels the competitive landscape will be changing too. Good long-term holding.
PAST TOP PICK
(A Top Pick Nov 24/06. Down 15%.) Was potentially going to convert to an income trust but, more importantly, there were private equity shops circling the company and potentially privatize it. With the credit crunch, this was put on the shelf. At these levels, he would prefer to own BCE (BCE-T).
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