Maher Yaghi's questions to Telus Corp (TU) leadership • Q2 2025
Question
Maher Yaghi asked about the long-term free cash flow impact of the tower monetization deal and sought management's view on the sustainability of recent improvements in wireless market pricing.
Answer
EVP & CFO Doug French explained the tower business model is designed to remain cash flow positive long-term, even with new builds. President and CEO Darren Entwistle expressed cautious optimism on pricing, citing encouraging trends and the unsustainability of prior irrational behavior. He highlighted TELUS's resilience through cost management, a diversified portfolio including wireline and TELUS Health, and AI-driven efficiencies.