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TELUS (T) investor relations material
TELUS 29th Annual Scotiabank TMT Conference summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.CEO Transition and Management Objectives
Succession plan ensures a smooth transition, with the incoming CEO aligned with current strategy and culture; new CEO starts in May and takes full reins in July, with operational execution and strategic initiatives continuing as planned.
No major changes expected during the transition; focus remains on executing existing plans and deleveraging.
Strategic Objectives and Outlook
Presented 2026 targets and outlined strategies to achieve them, focusing on growth, innovation, and AI-enabled revenue streams.
Emphasized expectations for ongoing subscriber base growth, increased demand for data services, and expansion in various business areas.
Discussed asset monetization, deleveraging, and targeted dividend payments as part of financing plans.
Wireless Business Outlook and Market Dynamics
Subscriber growth is expected to mirror last year, with ARPU and network revenue showing continued improvement.
Competitive pricing pressures persist, but focus remains on value creation and economic loading rather than aggressive discounting.
Industry competition is intense, with success driven by product relevance, bundling, and cost structure, not just market share.
Internal compensation is now weighted toward Free Cash Flow and value, moving away from subscriber loading metrics.
Industry has shifted away from artificial loading, focusing on metrics that drive real value and cash flow.
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