Backs FY26 adjusted EBITDA view up 1%-3%. Lowers FY26 capital expenditures view to C$2.5B-C$2.7B from C$3.3B-C$3.5B. Raises FY26 free cash flow view to C$4.1B-C$4.3B from C$3.3B-C$3.5B. The company said, “We are updating our full-year 2026 guidance ranges to reduce capital expenditures and increase free cash flow from the ranges provided on January 29, 2026. We have not changed our guidance ranges for total service revenue or adjusted EBITDA. Our updated 2026 guidance ranges are as follows. Our revised capital expenditure guidance and its flowthrough to free cash flow guidance is a direct reflection of the ongoing impacts from heightened competitive intensity and recent regulatory decisions.”
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