Telus
About: Telus is one of the Big Three wireless service providers in Canada, with over 10 million mobile phone subscribers nationwide constituting about 30% of the total market. It is the incumbent local exchange carrier in the western Canadian provinces of British Columbia and Alberta, where it provides internet, television, and landline phone services. It also has a small wireline presence in eastern Quebec. Mostly because of recent acquisitions, more than 20% of Telus' sales now come from nontelecom businesses, most notably in the international business services, health, security, and agriculture industries. The firm has a 55% economic stake in Telus International.
Employees: 106,400
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
0.92% more ownership
Funds ownership: 49.26% [Q1] → 50.18% (+0.92%) [Q2]
3% less capital invested
Capital invested by funds: $11.7B [Q1] → $11.4B (-$316M) [Q2]
8% less repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 123
3% less funds holding
Funds holding: 309 [Q1] → 299 (-10) [Q2]
14% less call options, than puts
Call options by funds: $208M | Put options by funds: $241M
14% less funds holding in top 10
Funds holding in top 10: 7 [Q1] → 6 (-1) [Q2]
23% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 43
Research analyst outlook
We haven’t received any recent analyst ratings for TU.
Financial journalist opinion
Based on 4 articles about TU published over the past 30 days