Telus

News Summary:

Telus customers affected by a recent data breach were told by company employees on September 17, 2026, to disregard and delete the email notification, which had alerted them to unauthorized access of account information including their name, billing address, phone number, and the last four digits of their payment card. Earlier on the same day, Telus, alongside Rogers and Bell, announced their support for Ottawa's plan to build a new nationwide internet network aimed at keeping Canadian data and internet traffic under domestic control, a plan Prime Minister Mark Carney unveiled at the Canada Investment Summit. Separately, Telus released its 2024 Annual Report, stating $20.386 billion in operating revenues and other income, a 1.3% increase from 2023, with net income attributable to Common Shares rising 18.1% to $993 million and adjusted EBITDA up 2.6% to $7.333 billion. Telecom subscriber connections grew 5.9% to 20.175 million, while TELUS Health expanded to cover 76.2 million lives globally, with free cash flow increasing to $1.982 billion and dividends per share rising 7.0% to $1.5566. This followed the release of its 2025 Annual Report, which detailed $20.5 billion in consolidated operating revenues, a 1% increase from 2024, and 21.2 million telecom subscriber connections, up 5%. The 2025 report also highlighted the privatization of TELUS Digital for US$539 million, the sale of a 49.9% interest in its Terrion wireless tower infrastructure to La Caisse de dépôt et placement du Québec for approximately $1.26 billion, and the acquisition of Workplace Options for US$350 million, expanding its employee well-being services. Telus issued over $4 billion in long-term debt and repurchased senior notes for a $303 million gain in 2025, with free cash flow reaching $2.2 billion and TELUS Health covering 161.2 million lives.