Vince Valentini's questions to Telus Corp (TU) leadership • Q2 2025
Question
Vince Valentini asked for clarification on a working capital outflow and questioned how long it would take for wireless service revenue to return to positive growth if current pricing discipline holds.
Answer
EVP & CFO Doug French noted the working capital outflow was due to timing and seasonality, expecting it to be net neutral for the year. President and CEO Darren Entwistle stated that the majority of the wireless base has been repriced and that an inflection point to positive growth could occur in the next three to four quarters if market conditions persist.