TELUSNYSE: TU

TELUS (TU) is set to invest C$6.6 million in association with the government of Quebec and the CRTC in the North Shore territory of Quebec to augment wireless connectivity in the region.

TELUS Corporation stock was previously rated as a "Hold" due to challenges from higher interest rates, debt, and competition. Despite high debt and financing costs, TELUS has shown growth in subscriber connections and adjusted EBITDA. The valuation is modestly attractive, and the dividend should be covered by free cash flow from here on out.

TELUS (TU) is set to invest more than $24 billion in Ontario over the next five years for new infrastructure planning, optimizing coverage and performance.

TELUS (TU) achieves breakthrough as the first company globally to attain international certification in Privacy by Design (ISO 31700-1) for its advanced generative AI tool.

VANCOUVER, British Columbia--(BUSINESS WIRE)--TELUS International (NYSE and TSX: TIXT), a leading digital customer experience (CX) innovator has partnered with eGain Corporation (NASDAQ: EGAN), the number one AI knowledge platform for customer service. TELUS International offers the eGain Knowledge Hub™ as an integrated solution as part of its Contact Center as a Service (CCaaS) offering, or as a standalone customer self-serve option, proactively delivering trusted answers and personalized guid.

Critics warn that Canada's telecom stocks, such as TELUS Corporation, face potential risks from rising interest rates, significant capital expenditures, and declining stock prices. TELUS Corporation is a multifaceted telecom company with interests in healthcare, agriculture, and technology. Despite generating $20 billion in revenue in 2023, there are concerns about the sustainability of its dividend as historical data shows a lack of sufficient free cash flow to cover it.

Investors interested in Diversified Communication Services stocks are likely familiar with Telefonica Brasil (VIV) and Telus (TU). But which of these two companies is the best option for those looking for undervalued stocks?

TELUS (TU) fourth-quarter performance benefits from high service revenues in TELUS technology solutions and TELUS International.

On our last update, we had suggested that TELUS remains expensive and that investors should only look to buy lower. Q4 2023 numbers were on the mark and TELUS finally looks set to cover the dividend for the first time in years. But relative to AT&T and even Verizon for that matter, TELUS has a lot of wood to chop.