Netcracker and Its Customers Discuss the Importance of AI and Automation in Driving Exceptional Experiences at DTW Ignite
WALTHAM, Mass.--(BUSINESS WIRE)-- Netcracker Technology announced today that it will showcase its unrivaled approach to providing versatile AI-driven solutions for communications service providers during DTW Ignite from June 17-19 in Copenhagen.
Netcracker's President, Sylvain Seignour, will participate in a keynote stage presentation with key strategic customers to discuss the critical step of selecting the right partner to gain the most value from cloud, AI and business transformation initiatives. Other panels featuring Netcracker and its customers will focus on the benefits of flexible systems and the role of automation in improving efficiency and adapting to changing needs.
Driving Customer-Centric Services With Composable IT and Digital BSS
Tuesday, June 17
12:30 p.m. CET
Speakers:
Sami Chabbah, VP Commercial Platforms, Telenet
Adrian Kempton, VP Architecture, TELUS
Bob Titus, CTO, Netcracker
Digital Transformation as the Catalyst for Exceptional Customer Experiences
Tuesday, June 17
4 p.m. CET
Speakers:
Bas Touw, Head of IT Product Mass Market, Odido
Neill Whitworth, Director Commercial Customer Enablement Operations, UK, Virgin Media O2
Ari Banerjee, Chief Strategy Officer, Netcracker
Choosing the Right Partner for Automation and Service Velocity
Wednesday, June 18
11:15 a.m. CET
Speakers:
Hesham Fahmy, CIO, TELUS
Robert Purdy, CIO, Odido
Sylvain Seignour, President, Netcracker
Netcracker is a Diamond sponsor of the event and will exhibit at Stand 314, where it will demonstrate its leadership in implementing AI and automation to transform operators' IT infrastructure and help them deliver an exceptional experience for their customers.
Netcracker is also participating in a pioneering Moonshot Catalyst project, 'Monetizing Federated Connectivity for Automotive OEMs,' with NTT Data, Vodafone, Toyota and other automotive industry players. This collaboration addresses the challenge of integrating advanced connectivity for automobiles and how using standardized APIs and a robust edge infrastructure can help enable seamless data exchange.
About Netcracker Technology
Netcracker Technology, a wholly-owned subsidiary of NEC Corporation, has the expertise, culture and resources to help service providers around the world transform their businesses to thrive in the digital economy. Our innovative solutions, value-driven services and unbroken delivery track record have enabled our customers to grow and succeed for more than three decades. With the latest technological advancements in key areas including 5G monetization, AI, automation and vertical industries, we help service providers to reach their transformation goals, advance their telco to techco evolution and realize business growth and profitability. To learn more, visit www.netcracker.com.
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TELUS ANNOUNCES CASH TENDER OFFERS FOR TWO SERIES OF DEBT SECURITIES
VANCOUVER, B.C., June 20, 2025 /CNW/ - TELUS Corporation (the "Company") announced today the commencement of separate offers (the "Offers") to purchase for cash any and all of the two series of outstanding notes of the series listed in the table below (collectively, the "Notes"), up to a maximum of US$750,000,000 aggregate principal amount of Notes. Subject to the Maximum Purchase Condition (as defined below) and the Financing Condition (as defined below), the series of Notes that are purchased in the Offers will be based on the Acceptance Priority Level (as defined below) set forth in the table below. If a given series of Notes is accepted for purchase pursuant to the Offers, all Notes of that series that are validly tendered will be accepted for purchase. No series of Notes will be subject to proration pursuant to the Offers. The Offers are made upon the terms and subject to the conditions set forth in the Offer to Purchase dated June 20, 2025 relating to the Notes (the "Offer to Purchase") and the notice of guaranteed delivery attached as Appendix A thereto (the "Notice of Guaranteed Delivery" and, together with the Offer to Purchase, the "Tender Offer Documents"). Capitalized terms used but not defined in this news release have the meanings given to them in the Offer to Purchase. AcceptancePriorityLevel(1) Title of Notes Principal AmountOutstanding(in millions) CUSIP /ISIN Nos(2) Reference Security(3) BloombergReferencePage(3) Fixed Spread(Basis Points)(3) 1 4.600%Notes dueNovember 16, 2048 US$750 87971M BH5 /US87971MBH51 5.000% U.S. Treasury due May 15, 2045 FIT1 +110 2 4.300% Notes due June 15, 2049 US$500 87971M BK8/US87971MBK80 4.625% U.S. Treasury due February 15, 2055 FIT1 +115 (1) Subject to the satisfaction or waiver by the Company of the conditions of the Offers described in the Offer toPurchase, if the Maximum Purchase Condition is not satisfied with respect to all series of Notes, the Companywill accept Notes for purchase in the order of their respective Acceptance Priority Level specified in the tableabove (each, an "Acceptance Priority Level," with 1 being the highest Acceptance Priority Level and 2 beingthe lowest Acceptance Priority Level). It is possible that a series of Notes with a particular Acceptance PriorityLevel will not be accepted for purchase even if a series with a higher or lower Acceptance Priority Level isaccepted for purchase. (2) No representation is made by the Company as to the correctness or accuracy of the CUSIP numbers or ISINslisted in this news release or printed on the Notes. They are provided solely for convenience. (3) The total consideration for each series of Notes (such consideration, the "Total Consideration") payable per each US$1,000 principal amount of such series of Notes validly tendered for purchase will be based on theapplicable fixed spread specified in the table above for such series of Notes, plus the applicable yield based onthe bid-side price of the applicable U.S. Treasury reference security as specified in the table above, as quoted onthe applicable Bloomberg Reference Page as of 2:00 p.m. (Eastern time) on June 27, 2025, unless extended withrespect to the applicable Offer (such date and time with respect to an Offer, as the same may be extended withrespect to such Offer, the "Price Determination Date"). The Total Consideration does not include the applicableAccrued Coupon Payment (as defined below), which will be payable in cash in addition to the applicable Total Consideration. The Offers will expire at 5:00 p.m. (Eastern time) on June 27, 2025, unless extended or earlier terminated (such date and time with respect to an Offer, as the same may be extended with respect to such Offer, the "Expiration Date"). Notes may be validly withdrawn at any time at or prior to 5:00 p.m. (Eastern time) on June 27, 2025, unless extended with respect to any Offer. For Holders who deliver a Notice of Guaranteed Delivery and all other required documentation at or prior to the Expiration Date, upon the terms and subject to the conditions set forth in the Tender Offer Documents, the deadline to validly tender Notes using the Guaranteed Delivery Procedures (as defined in the Offer to Purchase) will be the second business day after the Expiration Date and is expected to be 5:00 p.m. (Eastern time) on July 1, 2025, unless extended with respect to any Offer (the "Guaranteed Delivery Date"). Provided that the Financing Condition has been satisfied or waived by the Settlement Date (as defined below) and all other conditions to the Offers have been satisfied or waived by the Company by the Expiration Date, settlement for all Notes validly tendered and not validly withdrawn prior to the Expiration Date or pursuant to a Notice of Guaranteed Delivery will be four business days after the Expiration Date and two business days after the Guaranteed Delivery Date, respectively, which is expected to be July 3, 2025, unless extended with respect to any Offer (the "Settlement Date"). Upon the terms and subject to the conditions set forth in the Offer to Purchase, Holders whose Notes are accepted for purchase in the Offers will receive the applicable Total Consideration for each US$1,000 principal amount of such Notes in cash on the Settlement Date. Promptly after 2:00 p.m. (Eastern time) on June 27, 2025, the Price Determination Date, unless extended with respect to any Offer, the Company will issue a press release specifying, among other things, the Total Consideration for each series of Notes validly tendered and accepted. In addition to the applicable Total Consideration, Holders whose Notes are accepted for purchase will receive a cash payment equal to the accrued and unpaid interest on such Notes from and including the immediately preceding interest payment date for such Notes to, but excluding, the Settlement Date (the "Accrued Coupon Payment"). Interest will cease to accrue on the Settlement Date for all Notes accepted in the Offers. Under no circumstances will any interest be payable because of any delay in the transmission of funds to Holders by The Depository Trust Company ("DTC") or its participants. The Company's obligation to complete an Offer with respect to a particular series of Notes validly tendered is conditioned on the satisfaction of conditions described in the Offer to Purchase, including that the aggregate principal amount purchased in the Offers (the "Aggregate Purchase Amount") not exceed US$750,000,000 (the "Maximum Purchase Amount"), on the Maximum Purchase Amount being sufficient to include the aggregate principal amount of all validly tendered and not validly withdrawn Notes of such series (after accounting for all validly tendered Notes that have a higher Acceptance Priority Level) (the "Maximum Purchase Condition") and on the Company having raised by the Settlement Date net proceeds through one or more issuances of debt in the public or private capital markets, on terms reasonably satisfactory to the Company, sufficient to purchase all Notes validly tendered (and not validly withdrawn) up to the Maximum Purchase Amount and accepted for purchase by the Company in the Offers and to pay Accrued Interest and all fees and expenses in connection with the Offers (the "Financing Condition"). The Company reserves the right, but is under no obligation, to increase or waive the Maximum Purchase Amount, in its sole discretion subject to applicable law, with or without extending the Withdrawal Date. No assurance can be given that the Company will increase or waive the Maximum Purchase Amount. If Holders tender more Notes in the Offers than they expect to be accepted for purchase based on the Maximum Purchase Amount and the Company subsequently accepts more than such Holders expected of such Notes tendered as a result of an increase of the Maximum Purchase Amount, such Holders may not be able to withdraw any of their previously tendered Notes. Accordingly, Holders should not tender any Notes that they do not wish to be accepted for purchase. If the Maximum Purchase Condition is not satisfied with respect to each series of Notes, for (i) a series of Notes (the "First Non-Covered Notes") for which the Maximum Purchase Amount is less than the sum of * the Aggregate Purchase Amount for all validly tendered First Non-Covered Notes and (y) the Aggregate Purchase Amount for all validly tendered Notes of all series having a higher Acceptance Priority Level than the First Non-Covered Notes, and (ii) all series of Notes with an Acceptance Priority Level lower than the First Non-Covered Notes (together with the First Non-Covered Notes, the "Non-Covered Notes"), the Company may, at any time on or prior to the Expiration Date: terminate an Offer with respect to one or more series of Non-Covered Notes for which the Maximum Purchase Condition has not been satisfied, and promptly return all validly tendered Notes of such series, and any other series of Non-Covered Notes, to the respective tendering Holders; or waive the Maximum Purchase Condition with respect to one or more series of Non-Covered Notes and accept all Notes of such series, and of any series of Notes having a higher Acceptance Priority Level, validly tendered; or if there is any series of Non-Covered Notes with a lower Acceptance Priority Level than the First Non-Covered Notes for which: the Aggregate Purchase Amount necessary to purchase all validly tendered Notes of such series, plus the Aggregate Purchase Amount necessary to purchase all validly tendered Notes of all series having a higher Acceptance Priority Level than such series of Notes, other than any series of Non-Covered Notes that has or have not also been accepted as contemplated by this clause (3), is equal to, or less than, the Maximum Purchase Amount, accept all validly tendered Notes of all such series having a lower Acceptance Priority Level, until there is no series of Notes with a higher or lower Acceptance Priority Level to be considered for purchase for which the conditions set forth above are met. It is possible that a series of Notes with a particular Acceptance Priority Level will fail to meet the conditions set forth above and therefore will not be accepted for purchase even if a series with a higher or lower Acceptance Priority Level is accepted for purchase. For purposes of determining whether the Maximum Purchase Condition is satisfied, the Company will assume that all Notes tendered pursuant to the Guaranteed Delivery Procedures will be duly delivered at or prior to the Guaranteed Delivery Date and the Company will not subsequently adjust the acceptance of the Notes in accordance with the Acceptance Priority Levels if any such Notes are not so delivered. The Company reserves the right, subject to applicable law, to waive the Maximum Purchase Condition with respect to any Offer. The Offers are subject to the satisfaction of these and certain other conditions as described in the Offer to Purchase. The Company reserves the right, subject to applicable law, to waive any and all conditions to any Offer. If any of the conditions is not satisfied, the Company is not obligated to accept for payment, purchase or pay for, and may delay the acceptance for payment of, any tendered notes, in each event subject to applicable laws, and may terminate or alter any or all of the Offers. The Offers are not conditioned on the tender of any aggregate minimum principal amount of Notes of any series (subject to minimum denomination requirements as set forth in the Offer to Purchase). The Company has retained J.P. Morgan Securities LLC, RBC Capital Markets, LLC and Wells Fargo Securities, LLC to act as lead dealer managers (the "Dealer Managers") for the Offers. Questions regarding the terms and conditions for the Offers should be directed to J.P. Morgan Securities LLC at +1 (866) 834-4666 (toll-free) or +1 (212) 834-3046 (collect), RBC Capital Markets, LLC at +1 (877) 381-2099 (toll-free) or +1 (212) 618-7843 (collect) or Wells Fargo Securities, LLC at +1 (866) 309-6316 (toll-free) or +1 (704) 410-4235 (collect). Global Bondholder Services Corporation is acting as the Information and Tender Agent for the Offers. Questions or requests for assistance related to the Offers or for additional copies of the Offer to Purchase may be directed to Global Bondholder Services Corporation in New York by telephone at +1 (212) 430-3774 (for banks and brokers only) or +1 (855) 654-2015 (for all others toll-free), or by email at contact@ You may also contact your broker, dealer, commercial bank, trust company or other nominee for assistance concerning the Offers. The Tender Offer Documents can be accessed at the following link: If the Company terminates any Offer with respect to one or more series of Notes, it will give prompt notice to the Information and Tender Agent, and all Notes tendered pursuant to such terminated Offer will be returned promptly to the tendering Holders thereof. With effect from such termination, any Notes blocked in DTC will be released. Holders are advised to check with any bank, securities broker or other intermediary through which they hold Notes as to when such intermediary would need to receive instructions from a beneficial owner in order for that Holder to be able to participate in, or withdraw their instruction to participate in the Offers before the deadlines specified herein and in the Offer to Purchase. The deadlines set by any such intermediary and DTC for the submission and withdrawal of tender instructions will also be earlier than the relevant deadlines specified herein and in the Offer to Purchase. This news release is for informational purposes only. This news release is not an offer to purchase or a solicitation of an offer to sell any Notes or any other securities, and is not an offer to sell or the solicitation of an offer to buy any securities, of the Company or any of its subsidiaries. The Offers are being made solely pursuant to the Offer to Purchase. The Offers are not being made to Holders of Notes in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, "blue sky" or other laws of such jurisdiction. In any jurisdiction in which the securities or "blue sky" laws require the Offers to be made by a licensed broker or dealer, the Offers will be deemed to have been made on behalf of the Company by the Dealer Managers or one or more registered brokers or dealers that are licensed under the laws of such jurisdiction. No action has been or will be taken in any jurisdiction that would permit the possession, circulation or distribution of either this news release, the Offer to Purchase or any material relating to us or the Notes in any jurisdiction where action for that purpose is required. Accordingly, neither this news release, the Offer to Purchase nor any other offering material or advertisements in connection with the Offers may be distributed or published, in or from any such country or jurisdiction, except in compliance with any applicable rules or regulations of any such country or jurisdiction. Forward-looking Statements This news release contains statements about future events, including statements regarding the terms and timing for completion of the Offers, including the acceptance for purchase of any Notes validly tendered and the expected Expiration Date and Settlement Date thereof; and the satisfaction or waiver of certain conditions of the Offers. By their nature, forward-looking statements require us to make assumptions and predictions and are subject to inherent risks and uncertainties including risks associated with capital and debt markets. There is significant risk that the forward-looking statements will not prove to be accurate. Forward-looking statements are provided herein for the purpose of giving information about the proposed Offers. Readers are cautioned that such information may not be appropriate for other purposes. The Company's obligation to complete an Offer with respect to a particular series of Notes validly tendered is conditioned on the satisfaction of conditions described in the Offer to Purchase, including the Maximum Purchase Condition and the Financing Condition. Accordingly, there can be no assurance that repurchases of Notes under the Offers will occur at all or at the expected time indicated in this news release. Readers are cautioned not to place undue reliance on forward-looking statements as a number of factors could cause actual future performance and events to differ materially from those described in the forward-looking statements. Accordingly, this news release is subject to the disclaimer and the qualifications and risk factors as set out in our 2024 annual management's discussion and analysis and in our first quarter 2025 management's discussion and analysis and in other TELUS public disclosure documents and filings with securities commissions in Canada (on SEDAR+ at and in the United States (on EDGAR at The forward-looking statements contained in this news release describe our expectations at the date of this news release and, accordingly, are subject to change after such date. Except as required by law or the Tender Offer Documents, TELUS disclaims any intention or obligation to update or revise forward-looking statements. About TELUS TELUS (TSX: T, NYSE: TU) is a world-leading communications technology company operating in more than 45 countries and generating over C$20 billion in annual revenue with more than 20 million customer connections 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 more than 150 million lives across 200 countries and territories 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, our team members and retirees have contributed C$1.8 billion in cash, in-kind contributions, time and programs including 2.4 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. Investor RelationsRobert Mitchellir@ Media RelationsSteve View original content to download multimedia: SOURCE TELUS Corporation View original content to download multimedia: 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
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TELUS ANNOUNCES JUNIOR SUBORDINATED NOTE OFFERING
Base shelf prospectus is accessible, and prospectus supplement will be accessible within two business days, through SEDAR+ Re-opening of 6.25% Fixed-to-Fixed Rate Junior Subordinated Notes, Series CAR due July 21, 2055 Re-opening of 6.75% Fixed-to-Fixed Rate Junior Subordinated Notes, Series CAS due July 21, 2055 VANCOUVER, BC, June 16, 2025 /CNW/ - TELUS announced today it has priced a $800 million re-opening of its fixed-to-fixed rate junior subordinated notes, Series CAR and Series CAS, each with a long 30-year maturity. The notes are offered through a syndicate of agents led by CIBC World Markets Inc., Scotia Capital Inc. and TD Securities Inc. Closing of the offering is expected to occur on or about June 19, 2025. The re-opened 6.25% fixed-to-fixed rate junior subordinated notes, Series CAR, priced at $102.625 per $100 principal amount for a re-opening yield of 5.612% per annum until July 21, 2030, will mature on July 21, 2055. The 6.25% fixed-to-fixed rate junior subordinated notes, Series CAR will initially bear interest at a rate of 6.25% per annum and reset every five years starting July 21, 2030 to the prevailing five-year Government of Canada rate plus 3.482%, provided that the interest rate during any five-year interest period will not reset below 6.25%. The re-opened 6.75% fixed-to-fixed rate junior subordinated notes, Series CAS, priced at $104.500 per $100 principal amount for a re-opening yield of 6.127% per annum until July 21, 2035, will mature on July 21, 2055. The 6.75% fixed-to-fixed rate junior subordinated notes, Series CAS will initially bear interest at a rate of 6.75% per annum and reset every five years starting July 21, 2035 to the prevailing five-year Government of Canada rate plus 3.609%, provided that the interest rate during any five-year interest period will not reset below 6.75%. The net proceeds will be used to reduce outstanding indebtedness, including to reduce the amount of commercial paper outstanding (incurred for general working capital purposes), and for other general corporate purposes. Pending any such use of the net proceeds, the Company will invest the net proceeds in short-term investment grade securities, money market funds or bank deposits. TELUS has been advised that credit rating agencies that have rated these notes have assigned 50% equity credit to the notes. This media release does not constitute an offer to sell or the solicitation of an offer to buy the securities in any jurisdiction. The securities being offered have not been approved or disapproved by any Canadian securities regulatory authority, nor has any authority passed upon the accuracy or adequacy of the short form base shelf prospectus or the prospectus supplement. The notes have not been registered under the U.S. Securities Act of 1933, as amended, and no notes are being offered in the United States or to or for the account or benefit of any U.S. person. The notes are being offered pursuant to a prospectus supplement to the short form base shelf prospectus of TELUS dated August 2, 2024. The prospectus supplement and the corresponding short form base shelf prospectus contain important detailed information about the notes. Access to the prospectus supplement and the base shelf prospectus, and any amendments to the thereto, are provided in accordance with securities legislation relating to the procedures for providing access to such documents. An electronic or paper copy of the prospectus supplement and corresponding short form base shelf prospectus relating to the offering of notes may be obtained, without charge, from the Chief Legal and Governance Officer of TELUS at 510 W. Georgia St., 23rd Floor, Vancouver, British Columbia V6B 0M3 (telephone 604-695-6420) or from CIBC World Markets Inc. by phone at 416-594-8515 or email at Scotia Capital Inc. by phone at 416-863-7438 or email at or TD Securities Inc. by phone at 416-982-2243 or email at TDCAN-Syndicate@ by providing an email address or mailing address, as applicable. Copies of these documents will be accessible electronically within two business days of the date hereof on the System for Electronic Data Analysis and Retrieval+ (SEDAR+) of the Canadian Securities Administrators, at Investors should read the short form base shelf prospectus and prospectus supplement before making an investment decision. Forward-Looking Statements This news release contains statements about future events pertaining to the offering, including the anticipated closing date of the offering and the intended use of the net proceeds of the offering. By their nature, forward-looking statements require us to make assumptions and predictions and are subject to inherent risks and uncertainties including risks associated with capital and debt markets. There is significant risk that the forward-looking statements will not prove to be accurate. The timing and closing of the above-mentioned offering are subject to customary closing conditions and other risks and uncertainties. Readers are cautioned not to place undue reliance on forward-looking statements as a number of factors could cause actual future performance and events to differ materially from those described in the forward-looking statements. Accordingly, this news release is subject to the disclaimer and the qualifications and risk factors as set out in our 2024 annual management's discussion and analysis (MD&A), our MD&A for the three-month period ended March 31, 2025 and in other TELUS public disclosure documents and filings with securities commissions in Canada (on SEDAR+ at and in the United States (on the Electronic Data Gathering, Analysis, and Retrieval system, administered by the US Securities and Exchange Commission at The forward-looking statements contained in this news release describe our expectations at the date of this news release and, accordingly, are subject to change after such date. Except as required by law, TELUS disclaims any intention or obligation to update or revise forward-looking statements. About TELUS TELUS (TSX: T, NYSE: TU) is a world-leading communications technology company generating over $20 billion in annual revenue with more than 20 million customer connections 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 more than 150 million lives worldwide and territories 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, our team members and retirees have contributed $1.8 billion in cash, in-kind contributions, time and programs including 2.4 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. Investor RelationsIan McMillanir@ Media RelationsSteve View original content to download multimedia: SOURCE TELUS Corporation View original content to download multimedia: 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
Yahoo
5 days ago
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Dividend Investors: Why I'd Buy Telus Stock Over BCE Any Day
Written by Joey Frenette at The Motley Fool Canada The Canadian telecom scene has been through a hurricane of volatility in recent years, to say the least. With telecom titan BCE (TSX:BCE) slashing its dividend payout, passive income investors may be wondering if the worst is over yet. And while BCE stock has struggled to gain traction, I think that its new payout is more than sustainable. As I noted in a prior piece covering BCE and its big dividend reduction, I think there could be a long-term pathway to recovery and, with that, above-average dividend growth prospects. In any case, I have no idea if BCE's pains will be subsiding anytime soon. There are a lot of issues to address before shareholders can feel comfortable again. And while buying the dip may seem wise, I think that there's a better way to play the telecom scene while getting a much heftier dividend yield for doing so. While I'm not against picking up a few shares of BCE at around $30-32 while the dividend is just shy of the 6% mark, I just find Telus (TSX:T) and its massive 7.6% yield to be a better bet. Not only will you get more income, but the stock chart isn't nearly as horrifying. Of course, it's too early to tell if a bottom is already in the name. Either way, Telus stock seems somewhat less difficult to own than the likes of its now smaller rival. In any case, Telus stock has a long way to go if it's to see its prior highs of around $35 per share again. Industry headwinds have been tough, but recent quarters give investors something to be hopeful for, even if industry headwinds prevail for another few years. At the time of writing, T stock goes for 27.9 times trailing price to earnings (P/E), which is still not cheap for a name that's lost more than 35% of its value from peak levels. Still, the growing, swollen dividend yield is so tempting. And if you can get behind the company's turnaround story, I find the name to be a top pick in the ultra-high-yield space today. The company recently proposed to buy back Telus Digital after spinning off the business around four years prior. Indeed, perhaps there's a bit of value to be unlocked as the firm looks to turn around the IT service provider that hasn't really had the best time on its own following the 2021 spin-off. Deal or not, I'm a big fan of Telus's balance sheet and the growth options it can provide the firm as it tries to sustain a comeback. Additionally, Telus seems open to using generative artificial intelligence to save money in various areas, such as customer service. Any added margin gains are sure to be welcomed by investors as the company continues to slog through a difficult environment. In any case, I'm a fan of management and think the firm has what it takes to invest in long-term growth while keeping its fat dividend intact. For that reason, I like T stock more than most other dividend payers, yielding over 7%. The post Dividend Investors: Why I'd Buy Telus Stock Over BCE Any Day appeared first on The Motley Fool Canada. More reading Made in Canada: 5 Homegrown Stocks Ready for the 'Buy Local' Revolution [PREMIUM PICKS] Market Volatility Toolkit Best Canadian Stocks to Buy in 2025 Beginner Investors: 4 Top Canadian Stocks to Buy for 2025 5 Years From Now, You'll Probably Wish You Grabbed These Stocks Subscribe to Motley Fool Canada on YouTube Fool contributor Joey Frenette has no position in any of the stocks mentioned. The Motley Fool recommends TELUS. The Motley Fool has a disclosure policy. 2025 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
