Telus raises quarterly dividend as it reports first-quarter profit up from year ago
- Telus Corp. Reported a first-quarter profit of $321 million and announced an increase in its dividend to 41.63 cents for each share this quarter.
- The profit increase, compared with $127 million and nine cents per share in early 2024, followed stronger operating revenue and other income.
- Telus added 218,000 net new customers, lowered its mobile phone churn rate to 1.06%, and saw average revenue per user decline due to lower pricing.
- CEO Darren Entwistle highlighted the strength of bundled products supported by PureFibre and wireless broadband, attributing loyalty to team dedication and customer service.
- The quarterly dividend rise and improved profit suggest Telus continues to grow its customer base while adapting to competitive pricing and changing user plans.
22 Articles
22 Articles

Telus reports Q1 profit up from year ago, raises quarterly dividend
Telus Corp. raised its quarterly dividend as it reported its first-quarter profit rose compared with a year ago. The company says it will pay a quarterly dividend of 41.63 cents per share, up from 40.23 cents per share.
Wireless prices should reflect quality of product: Entwistle
By Ahmad Hathout Telus CEO Darren Entwistle said Friday that Canadians value reliability over price, as he lamented the wireless industry’s trend of price matching in a race to the bottom he said he doesn’t understand. “Why can’t we have a price premium if we have better product features, but more particularly better customer service... Read more »
Telus reports solid Q1, jump in profit - The Wire Report
CEO Darren Entwistle called for changes to the way the sector sells its products, saying “we have to change the psychology of the industry as it relates to marketing and sales." The post Telus reports solid Q1, jump in profit appeared first on The Wire Report.
Enbridge Beats Q1 Profit Estimates on Mainline and Gas Distribution Growth - Energy News, Top Headlines, Commentaries, Features & Events
(Reuters) – Enbridge surpassed market estimates for first-quarter profit on Friday, driven by higher earnings from its Mainline system and gas distribution unit, and said that U.S. tariffs were not expected to materially impact its current operations. Canada is the leading supplier of imported oil to the United States, delivering about 4 million barrels per ...
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