$TU

TELUS Digital, a global technology services provider, was named a Leader and Star Performer in Everest Group's 2026 Trust and Safety Services PEAK Matrix® Assessment. The company ranked among seven Leaders out of 27 evaluated vendors, showing significant year-over-year improvement. TELUS Digital specializes in AI-powered digital customer experiences and future-focused digital transformations, with a broad portfolio in platform safety, AI support, and review and compliance.

Global telecom capex rose 5% in H1 2026, with 145 operators investing $72.9B in Q2. AT&T plans $23B-$24B for 2026, while Verizon targets $16B-$16.5B. Chinese operators focus on AI computing. NTT and Deutsche Telekom prioritize network modernization. Charter, Orange, and others continue fiber investments. Indian operators show mixed trends, with Bharti Airtel growing capex 21% and Reliance Jio declining 8.8%. Emerging-market operators like Globe and MTN increase spending.

TELUS Communications Inc. announced the addition of Norton Scam Protection to its new mobility data plans at no extra cost. Existing customers can upgrade or add the service for $3/month. The move is part of TELUS's strategy to enhance mobility ARPU.

TELUS Digital (TU.TO) partnered with German AI firm Parloa to expand AI-powered customer service solutions. The deal includes integration, implementation, and management services. Target sectors are telecommunications, retail, travel, financial services, and healthcare. TELUS Digital's shares closed 2.90% higher at $11.35 on the Toronto Exchange on Tuesday.

TELUS Corp. shares rose 2.90% to C$11.35 on Tuesday, outperforming the broader Canadian market. The S&P/TSX Composite Index gained 0.90%. The stock remains 47.5% below its 52-week high of C$21.63, reached in October.

Argus lowered its price target for Telus Corporation (TU) to $7.00. Telus is a major Canadian wireless provider with 10M subscribers, holding nearly 30% of the market. The company's earnings estimate is $7.94.

TELUS (TSX:T) completed a test with AST SpaceMobile's satellite network, enabling smartphones to connect directly to satellites for broader coverage in Canada. This could influence future capital allocation and connectivity services. Analysts forecast CA$20.3b revenue and CA$2.0b earnings by 2029, with a 26% potential upside. Risks include pricing pressure and debt servicing.

TRAI proposed a framework to support satellite and direct-to-device services in India, aiming to boost investment and connectivity. TELUS and AST SpaceMobile completed a test for satellite-to-smartphone connectivity, targeting remote areas. MTN Ghana invested $202 million in spectrum licenses for 5G expansion, securing 700 MHz and 3 GHz bands for broader coverage.

TELUS Communications and AST SpaceMobile completed their first integration test, enabling smartphones to connect directly to satellites. This collaboration aims to extend cellular broadband coverage to remote areas in Canada, with services expected to launch within a year. The technology will allow TELUS customers to access data, voice, and text services beyond traditional cell towers, enhancing emergency services and connectivity for remote workers.

Ooma, Inc. is focusing on AI and POTS growth, with TELUS selecting AirDial for Canadian deployments. AI products show early success, with Pro Plus doubling take rates. The company targets $333M revenue and $48M adjusted EBITDA for the fiscal year, aiming to double revenue and reach 20-25% EBITDA margins long-term.