TELUS Corp T.T

Alternate Symbol(s): TU

Communication Services Telecom Services

TELUS Corporation is a Canada-based communications technology company. The Company provides a range of technology solutions, including mobile and fixed voice and data telecommunications services and products, healthcare software and technology solutions, and digitally led customer experiences. Data services include Internet protocol; television; hosting, managed information technology and cloud-based services; and home and business security. Its TELUS technology solutions segment includes network revenues and equipment sales arising from mobile technologies, data revenues, healthcare software and technology solutions, agriculture and consumer goods services, voice, and other telecommunications services revenues. Its TELUS International segment comprises digital customer experience and digital-enablement transformation solutions, including artificial intelligence (AI) and content management solutions. It is also a cybersecurity provider specializing in advanced penetration testing.

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TELUS Corp > Bought Telus, sold Rogers

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Comment by Karren411on May 09, 2022 12:45pm

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Post# 34667450

RE:RE:RE:Bought Telus, sold Rogers

Jtpatrol1 wrote:

SargeX wrote: Hey Dean

I totally think you made a most excellent move. I've never owned Rogers nor Shaw and have never really liked them. I also think the bid price was way too high.

My wife & I own both BCE and Telus and traditionally have liked BCE more, That has changed recently with a bit of a dislike for Bell Media and for BCE raising their divy when I don't think they should have, coupled wth having an improved view of what Telus is doing with some of their side businesses.

Take her easy
Sarge

DeanEdmonton wrote:
Sold the Rogers shares March 16th at $64, missed the very top of $65 and change, but it has dropped back to nearly $60 so timing was pretty good overall. Made some nice capital appreciation holding them, plus the good dividends. May end up regretting selling them but figured locking in the profits and re-deploying the money into Telus for now makes sense. Will keep an eye on Rogers and see what transpires with this potential purchase. I think the premium offered for Shaw is excessive, and I am concerned with the amount of debt/dilution needed to pull off the purchase AND build out 5G. May turn out to be overly cautious or even completely wrong but I don't think I am giving up much upside at this point. Figure Telus is a better bet over the next 24 months.

Sarge makes an excellent point