TELUS Corporation announced a 55% cut to its quarterly dividend, lowering the annual payout to $0.75 per share to save approximately $2.7 billion through 2028, prioritizing debt reduction and financial stability. The company also plans to remove the dividend reinvestment plan discount by October 2026 and revised its 2026 financial outlook to reflect challenges like competitive pricing and slower growth in some segments. TELUS outlined three strategic priorities: strengthening its financial foundation, improving operational discipline, and focusing investments on profitable growth areas such as wireless and fiber networks. The company targets reducing its net debt to adjusted EBITDA ratio to 3.0-times or lower by the end of 2028, supported by free cash flow growth, disciplined capital spending, and asset sales.
AZIO AI has signed a Master Services Agreement with AT&T to provide enterprise fiber connectivity for its initial 500-megawatt AI data center platform in Texas. This agreement establishes a high-capacity, low-latency network infrastructure essential ...
AT&T's 5G home internet service, Internet Air, reached 2 million subscribers in about a year, doubling its customer base faster than before. More than 50% of these subscribers also use AT&T wireless, showing a trend of customers preferring bundled co...
AT&T has completed a $23 billion acquisition of wireless spectrum licenses from EchoStar, adding about 50 MHz of low-band and mid-band spectrum across nearly all U.S. markets. This expansion enhances AT&T's 5G network capacity and download speeds, su...
AT&T reported better-than-expected earnings and announced a $10 billion share buyback program. Despite the positive results and buyback plan, the stock still trades at a relatively low valuation of 8 times earnings and offers a 4.6% dividend yield. T...
AT&T reported a strong second quarter, adding over 1 million Advanced Connectivity customers, driven mainly by growth in its broadband segment. The company’s free cash flow increased 7% year-over-year to $4.7 billion, supporting a healthy dividend co...
