TU on NYSE

Telus Communications

Logo: Telus, Public domain, via Wikimedia Commons5

Subsidiary of Telus Corp, a Canadian telecommunications company

Telus Communications Inc. (TCI) is the wholly owned principal subsidiary of Telus Corporation, a Canadian national telecommunications company that provides a wide range of telecommunications products and services including Internet access, voice, entertainment, healthcare, video, smart home automation and IPTV television. The company is based in the Vancouver, British Columbia, area; it was originally based in Edmonton, Alberta, before its merger with BC Tel in 1999.3 It employed about 28,000 people in 2017.1 Its products include Evolved HSPA and LTE Advanced.1 Its shares trade on NYSE under the symbol TU.1 Wikipedia text CC BY-SA 4.0

Price unavailable

Last updated Oct 20, 2026.

Overview

20.5BRevenue, fiscal 20256
777.0MNet income, fiscal 20256
1990Founded1

Compare with Rogers Communications, or pick any stock.

  • TickerTU on NYSE1
  • Industrymobile phone industry, telecommunications industry1
  • HeadquartersVancouver1
  • Founded inEdmonton1
  • Websitewww.telus.com/en
  • Legal formbusiness corporation1
  • Listed onToronto Stock Exchange (T), New York Stock Exchange (TU)1
  • Incorporated inBritish Columbia, Canada7
  • Business address510 W. Georgia Street, 23Rd Floor, Vancouver, A1 V6B 0M37
  • LEIL2TEUTQ8OSHMJWVLCE404
  • StatusInactive4
  • LEI statusRetired4
  • Registered address7th Floor, V6B 0M3 Vancouver, Canada4
  • Registered withBC Registry Services, BC05737924
Telus Headquarters
Photo: Shwangtianyuan, CC BY-SA 4.0, via Wikimedia Commons9

Telus Communications Inc. (TCI) is the wholly owned principal subsidiary of Telus Corporation, a Canadian national telecommunications company that provides a wide range of telecommunications products and services including Internet access, voice, entertainment, healthcare, video, smart home automation and IPTV television. The company is based in the Vancouver, British Columbia, area; it was originally based in Edmonton, Alberta, before its merger with BC Tel in 1999. Telus' wireless division, Telus Mobility, offers UMTS- and LTE-based mobile phone networks. Telus is the incumbent local exchange carrier in British Columbia and Alberta. Its primary competitors are Rogers Communications and Bell Canada. Telus is a member of the British Columbia Technology Industry Association.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from. Figures are in CAD, the currency the company reports in.

Key numbers, fiscal 2025

11.5%Operating margin6
3.8%Net margin6
0.6%Revenue growth, 20256
4.7%Return on equity6
1.65×Debt to equity6
2.1B CADFree cash flow6

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Business segments

TELUS technology solutions brought in 72% of the revenue Telus Communications broke down this way in fiscal 2025.

  1. TELUS technology solutions15.6B CAD672%down 1% from 2024
  2. TELUS Digital Experience3.9B CAD618%up 4% from 2024
  3. TELUS Health Inc2.1B CAD610%up 15% from 2024
Business segments by year
Business segments20242025
TELUS technology solutions15.8B CAD15.6B CAD
TELUS Digital Experience3.7B CAD3.9B CAD
TELUS Health Inc1.8B CAD2.1B CAD

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue12¢2.4B CAD
  • Other costs77¢15.7B CAD
  • Interest6¢1.2B CAD
  • Income tax2¢425.0M CAD
  • Profit4¢777.0M CAD

Out of 20.5B CAD in revenue.6

Where each dollar of operating cash went, fiscal 2025

  • Capital spending56¢2.7B CAD
  • Share buybacks1¢40.0M CAD
  • Kept or used elsewhere43¢2.1B CAD

Out of 4.9B CAD of cash from operations.6

Financial statements

Revenue101112131415620.5B CAD in 2025+43% since 2018
010.0B CAD20.0B CAD30.0B CAD2018: 14.4B CAD14.4B CAD20182019: 14.7B CAD14.7B CAD2019+2%2020: 15.5B CAD15.5B CAD2020+5%2021: 17.3B CAD17.3B CAD2021+12%2022: 18.4B CAD18.4B CAD2022+7%2023: 20.1B CAD20.1B CAD2023+9%2024: 20.4B CAD20.4B CAD2024+1%2025: 20.5B CAD20.5B CAD2025+1%
Operating income10111213141562.4B CAD in 2025−17% since 2018
01.0B CAD2.0B CAD3.0B CAD4.0B CAD2018: 2.8B CAD2.8B CAD20182019: 3.0B CAD3.0B CAD2019+5%2020: 2.5B CAD2.5B CAD2020−17%2021: 3.1B CAD3.1B CAD2021+24%2022: 3.0B CAD3.0B CAD2022−4%2023: 2.4B CAD2.4B CAD2023−20%2024: 2.8B CAD2.8B CAD2024+19%2025: 2.4B CAD2.4B CAD2025−16%
Net income1011121314156777.0M CAD in 2025−52% since 2018
0500.0M CAD1.0B CAD1.5B CAD2.0B CAD2018: 1.6B CAD1.6B CAD20182019: 1.8B CAD1.8B CAD2019+9%2020: 1.3B CAD1.3B CAD2020−29%2021: 1.7B CAD1.7B CAD2021+35%2022: 1.7B CAD1.7B CAD2022+1%2023: 867.0M CAD867.0M CAD2023−50%2024: 938.0M CAD938.0M CAD2024+8%2025: 777.0M CAD777.0M CAD2025−17%

Every line of the income statement as filed: the last 2 fiscal years, latest first.6

Period ending2025-12-312024-12-31
Service18.0B CAD17.6B CAD
Equipment2.3B CAD2.6B CAD
Operating revenues (arising from contracts with customers)20.3B CAD20.1B CAD
Other income160.0M CAD247.0M CAD
Operating revenues and other income20.5B CAD20.4B CAD
Goods and services purchased7.7B CAD7.6B CAD
Employee benefits expense5.9B CAD5.9B CAD
Depreciation2.5B CAD2.5B CAD
Amortization of intangible assets1.6B CAD1.5B CAD
Impairment of goodwill500.0M CAD
Total18.1B CAD17.6B CAD
OPERATING INCOME2.4B CAD2.8B CAD
Financing costs1.2B CAD1.6B CAD
INCOME BEFORE INCOME TAXES1.2B CAD1.2B CAD
Income taxes425.0M CAD290.0M CAD
Change in unrealized fair value of derivatives designated as cash flow hedges51.0M CAD-101.0M CAD
Foreign currency translation adjustment arising from translating financial statements of foreign operations-19.0M CAD133.0M CAD
Total items that may subsequently be reclassified to income32.0M CAD32.0M CAD
Change in measurement of investment financial assets6.0M CAD-20.0M CAD
Employee defined benefit plan re-measurements16.0M CAD5.0M CAD
Total items never subsequently reclassified to income22.0M CAD-15.0M CAD
Total54.0M CAD17.0M CAD
Common Shares1.1B CAD993.0M CAD
Non-controlling interests-336.0M CAD-55.0M CAD
NET INCOME777.0M CAD938.0M CAD
Common Shares1.2B CAD937.0M CAD
Non-controlling interests-347.0M CAD18.0M CAD
COMPREHENSIVE INCOME831.0M CAD955.0M CAD
Basic0.73 CAD0.67 CAD
Diluted0.72 CAD0.67 CAD
Basic1.5B shares1.5B shares
Diluted1.5B shares1.5B shares

Compare Telus Communications with another company

Corporate structure

Telus Communications is part of a group headed by Telus Corporation. 9 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Telus Communications

  • Bank of Montreal Filed SCHEDULE 13G/A on Telus Communications, latest Nov 14, 2025 (2 filings since Nov 13, 2025)

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Telus Communications reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Investments

ItemLatestA year beforeChange
Cash and cash equivalents2.6B CAD6 Dec 31, 2025869.0M CAD6 Dec 31, 2024+201.6%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill10.5B CAD6 Dec 31, 202510.6B CAD6 Dec 31, 2024−1.0%
Intangible assets, net (excluding goodwill)20.3B CAD6 Dec 31, 202520.6B CAD6 Dec 31, 2024−1.3%

Stakes and holdings (Wikidata)

Things Wikidata records the company as owning, with the share when stated.1

The story

Telus Corporation was formed in 1990 by the government of Alberta as a holding company to facilitate the privatization of Alberta Government Telephones (AGT), a crown corporation that provided telephone service to most of Alberta outside of Edmonton. In 1995, it acquired Edmonton Telephones Corporation (EdTel), the main telephone provider for Edmonton itself, from the city of Edmonton making Telus the sole provider of telephone service in Alberta. In 1996, Telus was introduced to the public as the consumer brand, replacing both AGT and EdTel.

In 1998, Telus and BC Tel announced a proposed merger. The proposed merged company, BCT.Telus Communications Inc., was incorporated separately in British Columbia, with headquarters at BC Tel's office in Burnaby. After shareholder approval BCT.Telus acquired BC Tel and Telus; the merger was completed in 1999. In 2000 the combined BCT.Telus changed named back to Telus Corporation, and the BC Tel brand was retired. The merger created Canada's second largest telecom company, with 22% of market share compared to Bell Canada's 42%. American company GTE had held a slight majority of ownership in BC Tel prior to the merger with Telus, and retained a 26.7% share of the post-merger company.

Large swaths of rural Quebec, mainly the Gaspé Peninsula and the north shore, were served from 1927 by an entity known as Corporation de Téléphone et de Pouvoir de Québec, and in 1955, this became known as Québec Téléphone. In 1966, the Anglo-Canadian Telephone Company, a subsidiary of General Telephone and Electronics of Stamford, Connecticut (later GTE), became a majority shareholder in Québec Téléphone. In 1997, Groupe QuébecTel was established to own Québec Téléphone. GTE sold its interests in Québec Téléphone to Telus in August 2000, which renamed it Telus Québec on April 2, 2001.

GTE was itself acquired by Bell Atlantic in 2000, and the company changed its name to Verizon Communications. Verizon inherited GTE's share of Telus, but in late 2004 sold its remaining 20.5% stake. This was so that Verizon could focus more on its own services.

In October 2019, Telus Corp announced it would buy home security provider ADT Inc.'s Canadian operations for CA$700 million (US$527.27 million).

In June 2022, Telus Communications acquired Altima Telecom. In January 2023, Telus Communications acquired London-based ISP Start.ca.

From Wikipedia’s article on Telus Communications, shared under CC BY-SA 4.0.8

Products and brands

  • 5G
  • Evolved HSPA
  • LTE Advanced

Listed on Wikidata.1

Sponsorship

Telus currently sponsors the Telus Spark Science Centre in Calgary, Telus World of Science in Edmonton and Science World in Vancouver. Telus funds the annual Kokanee Crankworx freeride mountain bike and World Ski & Snowboard festivals, both held in Whistler, British Columbia.

Telus was a sponsor and marketing partner of Hockey Canada since 2004 and the title sponsor of Canada's national midget hockey championship, the Telus Cup, since 2005. Telus has been a sponsor of Rogers Sportsnet's regional broadcasts of Calgary Flames and Edmonton Oilers games. Telus has been the title sponsor of the Telus Skins Game in addition to several tournaments on the Canadian Tour, including the Telus Open, Telus Calgary Openn, Telus Edmonton Open and the Telus Vancouver Open.

Telus is the namesake tenant in several office buildings, including The Telus Convention Centre and Telus Sky in Calgary, Tour Telus in Montreal, Telus House in Edmonton, Telus Garden in Vancouver, the currently under construction Telus Ocean in Victoria, and Telus Harbour in Toronto.

Beginning in 2014, Telus began sponsoring Canada's largest nationwide technology education event: The HTML500.

Read the full text

In November 2017, Telus announced it would take over as title sponsor for the Vancouver Santa Claus Parade, saving the parade from being cancelled.

Telus is also the sponsor for the PEPS multifunctional stadium of Université Laval, in Quebec City. This 12,750-seat stadium is the home of the Laval Rouge et Or U Sports football team.

From Wikipedia’s article on Telus Communications, shared under CC BY-SA 4.0.8

Subsidiaries and ownership

Parent company

Subsidiaries

Also owns

  • Storyhive

From Wikidata.1

Acquisitions

  1. 2000Acquired TELUS Québec1

In October 2013, Telus acquired minor mobile phone provider Public Mobile and relaunched it in 2015 as a "value brand" MVNO on the Telus network.

From Wikipedia’s article on Telus Communications, shared under CC BY-SA 4.0.8

Employees over time

  • 201728,0001

Former names

  • TELUS CORPORATIONAug 25, 2000 to Jan 18, 20017

Timeline

  1. Oct 17, 2000Went public Listed on NYSE1
  2. 1990Founded Founded in Edmonton1

Calendar

Coming up

  1. Nov 6, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $0.17 a share, on Nov 7, 2025.16

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

157 filings to the SEC since October 2021: 5 annual reports, 10 large holders, 142 other. The latest 20:

  1. Jul 31, 20266-K EDGAR
  2. Jul 31, 20266-K EDGAR
  3. Jul 31, 20266-K EDGAR
  4. Jun 24, 20266-K EDGAR
  5. May 11, 20266-K EDGAR
  6. May 8, 20266-K EDGAR
  7. May 8, 20266-K EDGAR
  8. May 8, 20266-K EDGAR
  9. Apr 2, 20266-K EDGAR
  10. Apr 2, 20266-K EDGAR
  11. Mar 9, 20266-K EDGAR
  12. Feb 25, 20266-K EDGAR
  13. Feb 13, 20266-K EDGAR
  14. Feb 12, 20266-K EDGAR
  15. Feb 12, 20266-K EDGAR
  16. Feb 12, 20266-K EDGAR
  17. Feb 12, 20266-K EDGAR
  18. Feb 12, 20266-K EDGAR
  19. Feb 12, 202640-F FORM-40-F EDGAR
  20. Jan 8, 20266-K EDGAR

The 157 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Royal Bank Of Canada109,250,632$1.2B0.2%+5,151,384
Bank Of Montreal /can/60,099,611$635.0M0.2%+197,987
Cibc World Market Inc.46,829,404$494.9M0.8%−1,825,357
Mackenzie Financial Corp29,719,699$445.8M0.4%−3,921,507
FIL Ltd31,849,344$336.9M0.2%+4,546,790
National Bank Of Canada /fi/28,782,793$304.3M0.3%+4,852,643
TD Asset Management Inc27,334,714$289.0M0.3%−10,136,738
Bank Of Nova Scotia24,128,736$255.2M0.4%+3,020,646
Federation des caisses Desjardins du Quebec19,779,069$208.8M0.6%−11,076,818
Morgan Stanley15,498,736$163.8M0.0%+1,674,115
Vanguard Capital Management LLC14,698,778$155.5M0.0%+42,439
CIBC Asset Management Inc14,676,314$155.3M0.3%−937,716
TD Waterhouse Canada Inc.14,385,284$151.6M0.4%−6,050,218
Fiera Capital Corp14,181,652$149.9M0.5%−2,076,972
Scotia Capital Inc.13,219,169$139.8M0.5%−3,721,455
First Trust Advisors LP12,454,284$131.7M0.1%+2,610,186
Vanguard Global Advisers, LLC11,894,903$125.8M0.1%+1,084,690
Letko, Brosseau & Associates Inc10,220,253$108.1M1.6%+2,779,841
Manufacturers Life Insurance Company, The9,520,314$100.5M0.1%−14,554,808
Toronto Dominion Bank8,329,722$88.0M0.1%+2,019,260
Two Sigma Investments, LP8,167,876$86.3M0.1%+2,276,228
1832 Asset Management L.P.8,041,671$85.0M0.1%−16,782,707
Geode Capital Management, LLC7,025,090$81.3M0.0%+708,114
Bank Of America Corp /de/7,101,009$75.1M0.0%+4,443,174
SIG North Trading, ULC6,627,536$70.1M12.8%−2,011,910

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

1 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Jan 11, 2023Thomas R Carper, SenateSale$1,001 - $15,000+153.8%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How Telus Communications is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARTELUS CORP2
  • CIK0000868675
  • Employer ID (EIN)98-03612922
  • Incorporated inBritish Columbia, Canada18
  • Fiscal year endsDecember 312
  • Industry code (SIC)4812 Radiotelephone Communications2
  • SEC reviewing officeOffice of Technology, Division of Corporation Finance2
  • Business address510 W. Georgia Street, 23Rd Floor, Vancouver, A1 V6B 0M32
  • Phone604-697-80442
  • Shares outstanding1,548,656,383 shares as of Dec 31, 202518
  • AuditorDeloitte LLP PCAOB ID 1208; it also attests to the company’s internal control over financial reporting18
  • On EDGAR sinceAug 21, 20002
  • Filings832 in all: 6-K (544), SUPPL (39), F-X (33), 40-F (25), SC 13G (25), 425 (23), FWP (16), F-10 (14)2
    All 33 form types

    SC 13G/A (14), F-10/A (13), F-X/A (13), SC TO-T/A (11), CORRESP (9), S-8 (8), UPLOAD (6), 6-K/A (5), F-10POS (5), 8-A12B (3), F-10EF (3), F-3D (3), SCHEDULE 13D/A (3), CERTNYS (2), F-3 (2), SC 13D/A (2), SC TO-T (2), SCHEDULE 13G/A (2), 25-NSE (1), 3 (1), 40-F/A (1), CERT (1), SC 13D (1), SC TO-C (1), SCHEDULE 13G (1)

  • Latest filingsAnnual report (40-F) Feb 12, 2026

Securities registered for trading

ClassSymbolExchange
Common SharesTUNew York Stock Exchange

From the cover page of the 40-F filed Feb 12, 2026 (Section 12(b) of the Exchange Act).18