TELUS reported a net loss of $660 million for the third quarter ended September 30, 2026, driven by an $800 million non-cash goodwill impairment in its TELUS Health unit. Consolidated service revenue declined 1% to $4.5 billion as core telecom growth was offset by weakness in TELUS Digital. Adjusted EBITDA fell 5% to $1.8 billion. The company announced a multi-year efficiency program targeting approximately $900 million in annualized cash savings by exiting 2028, alongside the appointment of Marc Allera and Bill Thomas to its Board of Directors effective January 1, 2027. TELUS reaffirmed its full-year 2026 guidance and declared a quarterly dividend of $0.1875 per share. The company operates as a leading Canadian communications technology provider offering broadband, mobile, and digital services.
