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Telus ( (TSE:T) ) has issued an update.
Telus reported strong operational and financial results for the fourth quarter of 2024, with a notable increase in customer growth and financial metrics. The company added 328,000 mobile and fixed customers in the quarter, driven by demand for their bundled services. They observed a 4.1% rise in TTech operating revenues and a 7.0% growth in adjusted EBITDA, attributed to efficiency improvements and real estate and copper monetization. For the full year, Telus saw a consistent rise in revenues and free cash flow, targeting further growth in 2025 to strengthen their balance sheet and continue their dividend growth program.
More about Telus
Telus is a telecommunications company offering a wide range of services including mobile and fixed communication solutions. The company is known for its strong broadband networks and a focus on bundled services across mobility and fixed connections.
YTD Price Performance: 7.04%
Average Trading Volume: 3,610,240
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $21.9B
For detailed information about T stock, go to TipRanks’ Stock Analysis page.
