Friday, 12 February 2016

TELUS 4th Quarter 2015 Earnings results

TELUS announced their 4th Quarter 2015 earnings results, which can be found here.

One of Canada's largest full spectrum communications companies (along with Rogers and Bell, and soon to be joined by Shaw), TELUS has a large focus in Western Canada, and the results demonstrated how Alberta's current problems can impact even a large company like TELUS. By the same token, it also demonstrates how that impact, while serious for Alberta and all companies that do business there, the rest of Canada is not in nearly as dire straits, and despite their problems, companies with national exposure can continue to post solid growth and earnings.

They also reiterated their intention to raise dividends by up to 10% this year, a commitment they have made over the last half decade and maintained.

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