Telus: Wireline Segment Will Be Its Primary Growth Driver In The Near Term

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About: TELUS Corporation (TU), Includes: BCE, RCI
by: Ploutos Investing
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Ploutos Investing
Dividend growth investing, growth at reasonable price, value, long-term horizon
Summary

Telus Corporation is one of the three main telecommunications service providers in Canada.

The company has a strong growth potential in its wireline Internet business as it continues to upgrade its internet network to FTTH.

Telus has a growing dividend with a dividend yield of 4.4%.

Investment Thesis

Telus Corporation (TU) is experiencing a slowdown in its wireless segment growth rate. Fortunately, the company’s wireline segment should continue to perform well. The company has invested heavily in the past