Business
TELUS engages TD Securities and Jefferies as financial advisors to support TELUS Health partnership and monetisation strategy
TELUS engages TD Securities and Jefferies as financial advisors to support TELUS Health partnersh...
About this update from Telus Corporation
[{"type":"text","content":"\n\n\nTELUS engages TD Securities and Jefferies as financial advisors to support TELUS Health partnership and monetisation strategy\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\nCanada NewsWire\n\n\nTELUS Health's global scale and accelerating commercial momentum present compelling partnership opportunity \nVANCOUVER, BC, Jan. 8, 2026 /CNW/ - TELUS Corporation (\"TELUS\") (TSX: T) (NYSE: TU) today announced it has engaged TD Securities Inc. and Jefferies Securities, Inc. as financial advisors to assist with strategy and timeline for the monetisation of its TELUS Health business, which may include the identification and evaluation of potential strategic partnerships, including evaluation of all partnership structures. TELUS Health has reached a pivotal inflection point – it is an asset of consequence, serving more than 160 million lives across its global footprint of over 200 countries and territories, while generating year-to-date operating revenue, EBITDA and cash flow of $1.5 billion, $258 million and $99 million, respectively, as of the third quarter of 2025.\n\n\n\n\n\n\n\n\"Our engagement of TD Securities and Jefferies demonstrates progress toward executing on the commitments we have made to the investment community. We are confident that these advisors will provide the strategic expertise, business network connectivity and business acumen necessary to accelerate still further TELUS Health's considerable development momentum,\" said Darren Entwistle, President and CEO of TELUS. \"TELUS Health is a world-class digital asset with roots in Canada but rapidly expanding its international presence and AI product set, capturing meaningful industry, technology and societal tailwinds to drive a compelling future growth profile for this business. Our monetisation strategy is focused on welcoming a strategic partner that will help us maximise further value creation at TELUS Health by adding complementary skills, customer reach and economic capacity to drive growth and scale.\"\nDarren concluded: \"TELUS Health is a key near-ter...