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TELUS (TSX:T) Reports Strong Q1 Earnings and Raises Quarterly Dividend by 7%
TELUS (TSX:T) Reports Strong Q1 Earnings and Raises Quarterly Dividend by 7%

Yahoo

time10-05-2025

  • Business
  • Yahoo

TELUS (TSX:T) Reports Strong Q1 Earnings and Raises Quarterly Dividend by 7%

TELUS recently announced strong Q1 2025 earnings, showing a significant rise in revenue and net income, along with a 7% dividend increase—all indicative of the company's positive performance trajectory. A key factor in TELUS's 12% price increase over the last month may include these announcements, which signal robust organizational health. Further, TELUS's expansion of its PureFibre services and a partnership with Fillip Fleet underscore its commitment to growth and innovation, aligning well with the broader market's increasing trend over the past year, thereby reinforcing investor confidence amid a flat market environment. Every company has risks, and we've spotted 2 risks for TELUS you should know about. Explore 22 top quantum computing companies leading the revolution in next-gen technology and shaping the future with breakthroughs in quantum algorithms, superconducting qubits, and cutting-edge research. The recent announcements by TELUS, including strong Q1 2025 earnings and a dividend increase, are likely to bolster the company's growth narrative. The company's efforts in expanding PureFibre services and its partnership with Fillip Fleet align with its strategic initiatives in mobility and fixed services, which are expected to drive future revenue and earnings growth. This news suggests a positive outlook, enhancing forecasts of TELUS's revenue reaching CA$22.1 billion and earnings increasing to CA$2.0 billion with a net margin improvement over the next few years. Over the past five years, TELUS's total shareholder return, which includes both share price appreciation and dividends, was 29.63%. However, over the past year, TELUS underperformed the Canadian market, which returned 11.2%, indicating some challenges relative to broader market dynamics. In comparison, TELUS outperformed the Canadian Telecom industry, which experienced a 12.5% decline over the same one-year period. Despite a recent 12% increase in TELUS's share price, the current price of CA$20.99 remains close to the analyst consensus price target of CA$22.78, indicating the market's view of the company as fairly valued. The relatively small gap between the current share price and the target may reflect a consensus expectation of moderate growth. Continued focus on cost efficiency and broadband expansion may still influence TELUS's future performance, but competitive pressures and financial factors could pose risks to achieving forecasted growth targets. Learn about TELUS' historical performance here. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include TSX:T. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

TELUS (TSX:T) Partners With Fillip Fleet To Launch Canadian Fleet Management Solution
TELUS (TSX:T) Partners With Fillip Fleet To Launch Canadian Fleet Management Solution

Yahoo

time06-05-2025

  • Business
  • Yahoo

TELUS (TSX:T) Partners With Fillip Fleet To Launch Canadian Fleet Management Solution

TELUS has recently made impactful announcements, including a partnership with Fillip Fleet to launch a fleet management solution and plans to open AI Factories, both reflecting its strategic moves in technology and infrastructure. The company's 1.21% share price increase over the past month aligns closely with broader market trends, suggesting that these initiatives have supported investor sentiment. Amid a market that experienced a slight downturn following tariff uncertainties and anticipation of Federal Reserve decisions, TELUS appears to have capitalized on its announcements to either sustain or bolster its market presence in the tech and telecom sectors. Be aware that TELUS is showing 3 risks in our investment analysis and 2 of those are a bit unpleasant. TSX:T Earnings Per Share Growth as at May 2025 Uncover the next big thing with financially sound penny stocks that balance risk and reward. The recent announcements by TELUS concerning its partnership with Fillip Fleet and the establishment of AI Factories are important developments that might positively influence the company's strong customer growth narrative. These ventures point towards a diversification strategy that could bolster revenue streams and potentially improve margins, aligning with TELUS's already strong track record in mobility and fixed services. Such advancements in technology and infrastructure might also support TELUS's revenue forecasts by enhancing its service offerings and competitive edge in the tech and telecom sectors. Over a longer timeframe of five years, TELUS has achieved a total return of 17.70%, reflecting a steady performance and commitment to rewarding shareholders. Comparing this to the recent one-year performance, TELUS outpaced the Canadian Telecom industry, which declined by 17.5%, showcasing its resilience amid industry fluctuations. However, TELUS underperformed the broader Canadian market's return of 9.9% over the past year. As of early May 2025, TELUS's share price stands at CA$20.99 in comparison to an analyst consensus price target of CA$22.78. This suggests a potential upside of 7.9%, indicating relative market confidence in TELUS's growth strategies and future earnings. Analysts expect TELUS's earnings to nearly double by May 2028, reaching approximately CA$2 billion, which further supports the stock's current valuation in relation to its expected PE ratio adjustment from 32.0x to 21.3x. The anticipated revenue and earnings growth, aided by the company's diversification into health and agriculture, could thus underpin the recent share price movements and project TELUS's continuing trajectory in strengthening shareholder returns.

TELUS and Fillip Fleet Partner to Transform Fleet Management with Visa-Powered Connected Vehicle and Payment Solutions
TELUS and Fillip Fleet Partner to Transform Fleet Management with Visa-Powered Connected Vehicle and Payment Solutions

Yahoo

time05-05-2025

  • Automotive
  • Yahoo

TELUS and Fillip Fleet Partner to Transform Fleet Management with Visa-Powered Connected Vehicle and Payment Solutions

Innovative IoT collaboration delivers real-time insights, smarter spending controls, and enhanced operational efficiency for fleets across Canada VANCOUVER, BC, May 5, 2025 /CNW/ - TELUS, a world-leading technology company, has partnered with Fillip Fleet, an innovator in digital fleet payments to launch a next-generation fleet management solution in Canada, providing Canadian businesses with powerful tools to manage their fleets more efficiently and cost-effectively. Bringing together TELUS' Connected Fleet, Telematics & Assets technology alongside Fillip's payment platform powered by Visa*, a world leader in digital payments, this new partnership addresses a significant market need, as Canada has 2.8 million fleet vehicles which collectively generate $53 billion annually, with 80 per cent being fuel spend.¹ Fillip Fleet is a digital-first universal fleet card, accepted at almost all 11,000+ fueling service stations across Canada, making it a versatile choice for fleet operators. "This solution is about solving real-world challenges with smart, secure technology," said Heather Tulk, President, Commercial and Public Sector at TELUS. "We're transforming how fleets operate - so our customers can save time, reduce spend, and improve control. With up to 10 hours saved each month on bookkeeping and 5-10% in annual cost savings²." As the exclusive telecommunications partner for Fillip Fleet, a Canadian-owned and operated company based in Calgary, TELUS is first to market with this advanced digital expense management platform. Fleet managers can access TELUS' real-time fleet management capabilities and Fillip Fleet's digital payment technology, providing comprehensive visibility and control over both vehicles and expenses through their respective platforms. Drivers can pay for fuel and expenses using their phones through Fillip's platform, taking advantage of Canada's widespread acceptance of contactless payments at fuel pumps. Managers can set spending limits and track purchases in real time. The system also helps prevent fraud by matching vehicle locations with purchase locations, and helps save money through route planning and access to fuel discounts at partner stations. TELUS' Connected Fleet & Telematics solutions give businesses real-time insights into vehicle performance, maintenance needs, and driver safety. Fillip Fleet's digital payment system offers smart fuel management tools such as automatic odometer readings and fuel transaction tracking, complementing TELUS' connected vehicle solutions. This solution delivers operational efficiency, cost optimization and fleet management capabilities propelled by advanced data insights. "By offering TELUS' connected vehicle solutions alongside our Visa-powered digital payments, we're providing businesses with powerful tools that deliver the data, control, and flexibility they need to manage their fleets more effectively," said Alice Reimer, CEO of Fillip Fleet. "This modernizes fleet management, providing real-time expense tracking, customizable spending limits, and streamlined processes for fuel purchases and maintenance scheduling." TELUS and Fillip Fleet's partnership will deliver expanded fleet management efficiencies, allowing businesses to extract more from their solutions, driving enhanced productivity and ROI. For more information on TELUS' Connected Fleet & Telematics solutions , visit About Fillip Fillip is transforming fleet payments with its digital-first platform, providing real-time controls, transparency, and security. Fillip delivers secure, globally accepted digital payments, ensuring fleets have a seamless, reliable, and scalable financial solution. In collaboration with Visa, Fillip ensures trusted, seamless transactions, helping businesses optimize their fleet operations. This partnership enables businesses to streamline expenses, gain better financial oversight, and stay competitive in an evolving market. About TELUS TELUS (TSX: T, NYSE: TU) is a world-leading communications technology company, generating over $20 billion in annual revenue and connecting more than 20 million customers through our advanced suite of broadband services for consumers, businesses and the public sector. We are committed to leveraging our technology to enable remarkable human outcomes. TELUS is passionate about putting our customers and communities first, leading the way globally in client service excellence and social capitalism. Our TELUS Health business is enhancing 76 million lives worldwide through innovative preventive medicine and well-being technologies. Our TELUS Agriculture & Consumer Goods business utilizes digital technologies and data insights to optimize the connection between producers and consumers. Guided by our enduring 'give where we live' philosophy, TELUS and our 140,000 team members have contributed $1.7 billion and volunteered 2.2 million days of service since 2000, earning us the distinction of the world's most giving company. For more information, visit or follow @TELUSNews on X and @Darren_Entwistle on Instagram. Sources¹ Knowledge Network International, Fleet Payments in Canada – Overview, commissioned by Visa, published March 2025. Data as of Q4 2023.² Average savings based on customer case studies conducted by Fillip Fleet, 2022-2023. Cost savings reflect reductions in fraud, downtime, fuel consumption, and administrative overhead related to program management. This card is issued by Digital Commerce Bank under license from *Visa Int./Digital Commerce Bank, Licensed User. Cette carte est émise par Digital Commerce Bank sous licence de *Visa Int./Digital Commerce Bank, Licensed User. For media inquiries, please contact:Brandon BoucherTELUS Media Relations(416) For more information, visit or contact:Bri Falls at bri@ SOURCE TELUS Communications Inc. View original content to download multimedia: Sign in to access your portfolio

TELUS and Fillip Fleet Partner to Transform Fleet Management with Visa-Powered Connected Vehicle and Payment Solutions Français
TELUS and Fillip Fleet Partner to Transform Fleet Management with Visa-Powered Connected Vehicle and Payment Solutions Français

Cision Canada

time05-05-2025

  • Automotive
  • Cision Canada

TELUS and Fillip Fleet Partner to Transform Fleet Management with Visa-Powered Connected Vehicle and Payment Solutions Français

VANCOUVER, BC, May 5, 2025 /CNW/ - TELUS, a world-leading technology company, has partnered with Fillip Fleet, an innovator in digital fleet payments to launch a next-generation fleet management solution in Canada, providing Canadian businesses with powerful tools to manage their fleets more efficiently and cost-effectively. Bringing together TELUS' Connected Fleet, Telematics & Assets technology alongside Fillip's payment platform powered by Visa*, a world leader in digital payments, this new partnership addresses a significant market need, as Canada has 2.8 million fleet vehicles which collectively generate $53 billion annually, with 80 per cent being fuel spend.¹ Fillip Fleet is a digital-first universal fleet card, accepted at almost all 11,000+ fueling service stations across Canada, making it a versatile choice for fleet operators. "This solution is about solving real-world challenges with smart, secure technology," said Heather Tulk, President, Commercial and Public Sector at TELUS. "We're transforming how fleets operate - so our customers can save time, reduce spend, and improve control. With up to 10 hours saved each month on bookkeeping and 5-10% in annual cost savings²." As the exclusive telecommunications partner for Fillip Fleet, a Canadian-owned and operated company based in Calgary, TELUS is first to market with this advanced digital expense management platform. Fleet managers can access TELUS' real-time fleet management capabilities and Fillip Fleet's digital payment technology, providing comprehensive visibility and control over both vehicles and expenses through their respective platforms. Drivers can pay for fuel and expenses using their phones through Fillip's platform, taking advantage of Canada's widespread acceptance of contactless payments at fuel pumps. Managers can set spending limits and track purchases in real time. The system also helps prevent fraud by matching vehicle locations with purchase locations, and helps save money through route planning and access to fuel discounts at partner stations. TELUS' Connected Fleet & Telematics solutions give businesses real-time insights into vehicle performance, maintenance needs, and driver safety. Fillip Fleet's digital payment system offers smart fuel management tools such as automatic odometer readings and fuel transaction tracking, complementing TELUS' connected vehicle solutions. This solution delivers operational efficiency, cost optimization and fleet management capabilities propelled by advanced data insights. "By offering TELUS' connected vehicle solutions alongside our Visa-powered digital payments, we're providing businesses with powerful tools that deliver the data, control, and flexibility they need to manage their fleets more effectively," said Alice Reimer, CEO of Fillip Fleet. "This modernizes fleet management, providing real-time expense tracking, customizable spending limits, and streamlined processes for fuel purchases and maintenance scheduling." TELUS and Fillip Fleet's partnership will deliver expanded fleet management efficiencies, allowing businesses to extract more from their solutions, driving enhanced productivity and ROI. For more information on TELUS' Connected Fleet & Telematics solutions , visit About Fillip Fillip is transforming fleet payments with its digital-first platform, providing real-time controls, transparency, and security. Fillip delivers secure, globally accepted digital payments, ensuring fleets have a seamless, reliable, and scalable financial solution. In collaboration with Visa, Fillip ensures trusted, seamless transactions, helping businesses optimize their fleet operations. This partnership enables businesses to streamline expenses, gain better financial oversight, and stay competitive in an evolving market. About TELUS TELUS (TSX: T, NYSE: TU) is a world-leading communications technology company, generating over $20 billion in annual revenue and connecting more than 20 million customers through our advanced suite of broadband services for consumers, businesses and the public sector. We are committed to leveraging our technology to enable remarkable human outcomes. TELUS is passionate about putting our customers and communities first, leading the way globally in client service excellence and social capitalism. Our TELUS Health business is enhancing 76 million lives worldwide through innovative preventive medicine and well-being technologies. Our TELUS Agriculture & Consumer Goods business utilizes digital technologies and data insights to optimize the connection between producers and consumers. Guided by our enduring 'give where we live' philosophy, TELUS and our 140,000 team members have contributed $1.7 billion and volunteered 2.2 million days of service since 2000, earning us the distinction of the world's most giving company. For more information, visit or follow @TELUSNews on X and @Darren_Entwistle on Instagram. Sources ¹ Knowledge Network International, Fleet Payments in Canada – Overview, commissioned by Visa, published March 2025. Data as of Q4 2023. ² Average savings based on customer case studies conducted by Fillip Fleet, 2022-2023. Cost savings reflect reductions in fraud, downtime, fuel consumption, and administrative overhead related to program management. This card is issued by Digital Commerce Bank under license from *Visa Int./Digital Commerce Bank, Licensed User. Cette carte est émise par Digital Commerce Bank sous licence de *Visa Int./Digital Commerce Bank, Licensed User. For media inquiries, please contact: Brandon Boucher TELUS Media Relations (416) 832-7393 [email protected] For more information, visit or contact: Bri Falls at [email protected].

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