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MarketScreener Homepage  >  Equities  >  Toronto Stock Exchange  >  TELUS Corporation    T   CA87971M1032

TELUS CORPORATION

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Telus Names Ericsson, Nokia as 5G Network Equipment Partners

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06/02/2020 | 02:08pm EDT

By Stephen Nakrosis

Telus Corp. on Tuesday said it selected Ericsson and Nokia Corp. as equipment partners to help support the building of its 5G network.

Darren Entwistle, Telus's president and chief executive, said, "Our 5G deployment will support economic growth and diversity that will be essential for the virtualization of health, education, teleworking, and stimulating the economic growth and recovery given the impact of Covid-19."

Telus Corp., a telecommunications company, is headquartered in Vancouver, Canada.

 

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

Stocks mentioned in the article
ChangeLast1st jan.
ERICSSON AB 1.15% 86.46 Delayed Quote.4.81%
LINE CORPORATION -0.54% 5500 End-of-day quote.2.80%
NOKIA OYJ 0.54% 3.646 Delayed Quote.10.03%
TELUS CORPORATION 1.61% 22.69 Delayed Quote.-11.18%
THE NEW HOME COMPANY INC. 2.16% 3.31 Delayed Quote.-30.47%
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Latest news on TELUS CORPORATION
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More news
Financials
Sales 2020 15 100 M 11 097 M 11 097 M
Net income 2020 1 508 M 1 108 M 1 108 M
Net Debt 2020 17 655 M 12 975 M 12 975 M
P/E ratio 2020 19,6x
Yield 2020 5,22%
Capitalization 28 403 M 20 890 M 20 873 M
EV / Sales 2019
EV / Sales 2020 3,05x
Nbr of Employees 65 600
Free-Float 99,4%
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Technical analysis trends TELUS CORPORATION
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TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
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Buy
Mean consensus OUTPERFORM
Number of Analysts 18
Average target price 25,38 CAD
Last Close Price 22,69 CAD
Spread / Highest target 27,8%
Spread / Average Target 11,9%
Spread / Lowest Target -3,04%
EPS Revisions
Managers
NameTitle
Darren Entwistle President, Chief Executive Officer & Director
Richard H. Auchinleck Independent Chairman
Doug French Chief Financial Officer & Executive Vice President
John Paul Manley Independent Director
Raymond Tatsun Chan Independent Director
Sector and Competitors