Telus reports Q1 adjusted EPS C$0.26c vs. C$0.26 last year

Reports Q1 revenue C$5.02B vs. C$4.87B last year. “In the first quarter of 2025, our team’s unwavering commitment to operational excellence and cost efficiency has empowered TELUS (TU) to deliver another quarter of industry-leading customer growth and strong financial performance,” said Darren Entwistle, President and CEO. “These results were achieved within a dynamic operating environment, demonstrating the resiliency of our business and strength of our leading portfolio of services. Our mobile and fixed customer growth underscores the strong demand for TELUS’ bundled services and leading broadband networks. Notably, we achieved total mobile and fixed customer growth of 218,000, driven by mobile phone and connected device additions of 168,000, alongside fixed customer additions of 50,000. This performance highlights the strength of our bundled product offerings across Mobile and Home, powered by our leading PureFibre and wireless broadband networks. The dedication and passion of our team in delivering customer service excellence contributed to continued strong loyalty across our key product lines, once again this quarter. Notably, postpaid mobile phone churn was 0.84 per cent, as we begin the twelfth consecutive year below the one per cent level.”