Tim Casey's questions to Telus Corp (TU) leadership • Q2 2025
Question
Tim Casey questioned the sustainability of the 3% growth in fixed data services and requested an update on other deleveraging initiatives, particularly real estate.
Answer
Zainul Mawji, EVP & President of Consumer Solutions, and Navin Arora, EVP and President of Business Solutions, affirmed the sustainability of fixed data growth, citing a diverse and profitable portfolio across consumer and business segments. EVP & CFO Doug French detailed ongoing deleveraging, including a multi-billion dollar real estate portfolio being prepared for a future REIT, copper decommissioning, and pruning of non-core assets.