Report
Matthew Dolgin
EUR 100.00 For Business Accounts Only

Solid 3Q for Telus Displays Signs of Our Long-Term Thesis; Maintaining CAD 49 FVE

In what has recently been a very strong environment for Canadian wireless carriers, narrow-moat Telus was the latest company to post excellent results, and it seems all the major carriers are currently winning. But while Telus' absolute numbers were undoubtedly strong, we think aggressive competition from Shaw is beginning to show up in stagnant average billings per user growth and a very slight uptick in postpaid churn. Offsetting that, we believe Telus is poised to make major strides in its wi...
Underlying
TELUS Corporation

TELUS is a telecommunications company providing a range of communications products and services, including wireless and wireline voice and data. Data services include: internet protocol; television; hosting, managed information technology, security and cloud-based services; healthcare solutions; and business process outsourcing. As of Dec 31 2017, Co. had approximately 13.1 million subscriber connections, including 8.9 million wireless subscribers, 1.7 million high-speed Internet subscribers, 1.3 million residential network access lines, and 1.1 million TELUS TV® customers.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Matthew Dolgin

Other Reports on these Companies
Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch