TELUS International (Cda) Inc

Latest Results (14.09.2025):

TELUS International (Cda) Inc reported strong financial performance in the second quarter of 2025, showcasing significant growth in customers, revenue, and free cash flow. The company continues to reinforce its strategic initiatives and financial targets, positioning itself for sustained growth and operational excellence.

Customer Growth

TELUS International achieved a total mobile and fixed customer growth of 198,000 in Q2 2025, driven by the expansion of bundled services and the strategic rollout of TELUS PureFibre connectivity across Canadian homes and businesses.

Revenue and EBITDA Growth

The company reported a 2% increase in operating revenue and a 4% rise in Adjusted EBITDA for the second quarter of 2025, reflecting the robust performance of its diversified business portfolio, including strong contributions from the TTech and TELUS Health segments.

Free Cash Flow Improvement

Consolidated free cash flow grew by 11% in Q2 2025, underscoring TELUS International’s solid financial foundation and effective capital allocation strategies.

Strategic Partnership

TELUS International announced a definitive agreement with La Caisse to sell a 49.9% stake in the newly formed wireless tower infrastructure operator Terrion for $1.26 billion, aiming to monetize its tower assets and reduce net debt.

TELUS Health Segment Performance

The TELUS Health segment demonstrated strong operating momentum globally, with operating revenue and Adjusted EBITDA growth of 16% and 29% respectively, supported by strategic investments and enhanced product offerings.

Financial Position and Outlook

The company maintains a robust financial position with a declining leverage ratio of 3.7-times net debt to EBITDA. TELUS International remains on track to achieve its 2025 financial targets and aims to further strengthen its balance sheet through continued EBITDA growth and asset monetization initiatives.