TELUS Achieves Impressive Financial and Operational Results, Setting High Standards for 2026 Growth

TELUS Reports Strong Results for Q4 and Full Year 2025

TELUS Corporation has made headlines with its impressive operational and financial results for the fourth quarter and full year of 2025. The telecom giant reported a total growth of 377,000 customers in the fourth quarter alone, which included 50,000 new mobile phone subscribers, 287,000 new connected devices, and 35,000 new internet users. This remarkable performance underscores TELUS' commitment to delivering premium service bundles to its growing customer base across Canada.

Continued Demand and Revenue Growth

Darren Entwistle, CEO of TELUS, expressed pride in the company's ability to drive substantial customer growth and achieve robust financial performance, attributing this success to a relentless focus on operational excellence. He noted that the firm has sustained positive mobile network revenue growth owing to improved Average Revenue Per User (ARPU) performance, despite some challenges in downturns from mobile phone ARPU and B2B data services revenue.

The company's consolidated operating revenues for the fourth quarter were reported at C$5.3 billion, slightly down from C$5.4 billion the previous year. However, the solid growth in service revenue, primarily from its health services sector, and growth in subscriptions for mobile, residential internet, and security services balanced out the decline in mobile equipment revenue.

Financial Highlights

For the full year of 2025, TELUS saw a 9% increase in basic earnings per share and a 12% growth in net income attributable to common shares. The company’s Cash from Operations remained stable at C$4.9 billion compared to the prior year, showing resilience amidst evolving market conditions.

TELUS’ TTech segment demonstrated a 4% increase in EBITDA, coupled with a margin expansion of 230 basis points over the fiscal year. The company also reported record consolidated free cash flow of C$2.2 billion, exceeding its annual guidance by 11%. This solid financial footing allows TELUS to target a debt-to-EBITDA ratio as low as 3.0 times by the end of 2027.

Ambitious Targets for 2026

Looking forward, TELUS has established ambitious financial targets for 2026. The company has set its Consolidated Service Revenues and Adjusted EBITDA to grow between 2% and 4%, while projecting a decrease in capital expenditures to approximately C$2.3 billion, which represents a 10% reduction year-over-year. Furthermore, the firm anticipates a Free Cash Flow growth targeting C$2.45 billion, indicating a proactive strategy for long-term sustainability and profitability.

In addition, TELUS Health is set to accelerate its growth strategy, building on its previous achievements and expanding its reach. By leveraging its recent joint initiative with Abu Dhabi’s health data services, TELUS aims to solidify its standing in the digital health sector and enhance its offerings across high-growth markets.

Commitment to Community and Sustainability

TELUS also prides itself on its longstanding commitment to community engagement and sustainability. In 2025, the company and its employees volunteered 1.5 million hours, reinforcing their corporate philosophy of giving back. As part of this commitment, TELUS has made significant contributions towards various community initiatives, fostering the well-being of over 36 million youth through charitable grants and programs.

In sync with its community efforts, TELUS has announced environmental milestones, including the planting of 25 million trees, which contributes towards their goal of achieving net-zero emissions by 2040. This environmentally-conscious approach is a testament to TELUS' dedication to sustainable business practices.

Conclusion

As TELUS moves ahead with its comprehensive strategies for 2026, it reaffirms its position as a frontrunner in the telecommunications industry. With a solid foundation of customer loyalty and a forward-thinking approach to financial growth and community support, TELUS is well-prepared to continue delivering value to its shareholders and communities alike. The company's relentless focus on operational excellence and innovation reflects its mission to enhance customer experiences while leading the way in responsible corporate stewardship.