How to proceed after a dramatic 2022
) is Canada’s second-largest wireless telecom company after Rogers Communications Inc. Its core business includes internet and mobile phone service through the Telus and Koodo brands. It recently spun off Telus International, which provides IT and customer service. It is using that as a model to grow its healthcare and agriculture businesses with an eye to spinning them off as well.: The stock is interest sensitive.
Telus reported third quarter income of $4.7-billion, an increase of 9.9 per cent over $4.3-billion in the same period last year. Adjusted net income was $471-million . That compares to $392-million in 2021. On a per share basis, the increase is 17.2 per cent. The company also reported good results from Telus International and subsequently announced it has acquired 1.4 million additional shares in the spin-off company.
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