TELUS announced a $900 million annualized cash savings efficiency program through 2028 to support debt reduction and growth in telecom and AI infrastructure. The company reported a Q3 net loss of $660 million, mainly due to an $800 million non-cash goodwill impairment related to TELUS Health. Despite a 1% decline in consolidated service revenue to $4.5 billion, TELUS saw mobile network revenue growth and added 84,000 net new mobile customers. TELUS reaffirmed its 2026 guidance and aims to reduce its net debt to Adjusted EBITDA ratio to 3.0 or lower by the end of 2028 through operational improvements, asset sales, and disciplined capital allocation.
TELUS's third quarter 2026 results provide context for readers following telecom and technology developments. Among 150 priced Technology-sector US stocks tradable on Pluang, 88 rose and 61 fell today. Notable movers include Credo Technology Group Holding Ltd (CRDO) with a 1-day change of +11.28% and Workiva Inc (WK) down 18.10%, as of Nov 06, 2026 18:41 WIB.
Nexans has signed a subcontract to deliver a 420 km mass-impregnated 110 kV cable system for the 1 GW, 320 kV Corinth-Kos HVDC interconnection in Greece. This project, awarded to Hellenic Cables and partners, will connect the Dodecanese islands to ma...
The Indonesia data center market is projected to grow from USD 2.08 billion in 2027 to USD 4.05 billion by 2032, at a CAGR of 14.28%. Growth is fueled by expanding hyperscaler cloud infrastructure, rising digital workloads, increasing demand for colo...
Charter Communications announced a new $2 billion annualized expense savings plan alongside its recent acquisition of Cox Communications, aiming to return to growth and improve operational efficiency. Despite a net loss of $2.1 billion in Q3 2026, dr...
Applied Optoelectronics, Inc. granted inducement awards of 1,346 restricted stock units to three new employees on November 2, 2026. These awards, part of the 2023 Equity Inducement Plan, vest over four years and are designed to attract new talent. Th...
Bunker Hill Mining Corp. and Silver47 Exploration Corp. have completed their merger, creating Bunker Hill Silver Corp., a new U.S.-focused silver and critical minerals producer. The combined company will leverage Bunker Hill's producing mine in Idaho...
