TELUS Reports Q3 2026 Results, Announces $900 Million Efficiency Program and New Board Appointments

AI-generated NewsSnap summary based on source reporting.
Published: 2026-11-06
Category: business
Source: PR Newswire (via TELUS Corporation)

TELUS Corporation (TSX: T) (NYSE: TU) reported unaudited results for the third quarter ended September 30, 2026, with consolidated operating revenues and other income of $5.0 billion. The company recorded a net loss of $660 million, primarily due to an $800 million pre-tax, non-cash goodwill impairment related to TELUS Health. TELUS also announced an efficiency program targeting annualized cash savings of approximately $900 million exiting 2028 and appointed Marc Allera and Bill Thomas to its Board of Directors.

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