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Matthew Dolgin
  • Matthew Dolgin

Telus holds up well in a competitive wireless market but faces increas...

In our view, the most interesting takeaway from narrow-moat Telus’ first-quarter results is that the Canadian wireless pie is indeed growing larger, and each of the four biggest carriers--Rogers, BCE, Telus, and Shaw--is taking advantage of it. Telus is the last of the four carriers to report earnings in the past month, and like the others, it produced a nice gain in postpaid wireless net additions, up 9% year over year to 48,000. Overall, Telus posted year-over-year revenue growth of 6% and a...

Matthew Dolgin
  • Matthew Dolgin

Solid but Unremarkable 1Q for Telus; Maintaining FVE

In our view, the most interesting takeaway from narrow-moat Telus’ first-quarter results is that the Canadian wireless pie is indeed growing larger, and each of the four biggest carriers--Rogers, BCE, Telus, and Shaw--is taking advantage of it. Telus is the last of the four carriers to report earnings in the past month, and like the others, it produced a nice gain in postpaid wireless net additions, up 9% year over year to 48,000. Overall, Telus posted year-over-year revenue growth of 6% and a...

Matthew Dolgin
  • Matthew Dolgin

Telus holds up well in the wireless market but faces increasing compet...

We are placing our fair value estimates for TELUS, Rogers Communications, BCE, Quebecor, and Shaw Communications under review. We will publish updated reports and valuations by March 30....

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