The price of TU is predicted to go up 15.87%, based on the high correlation periods with EVC. The similarity of these two price pattern on the periods is 97.57%.
TU
EVC
With its buildout of a fiber fixed-line network, Telus' network quality has eclipsed that of primary competitor Shaw over much of its footprint. This should propel continued strength in wireline pricing, margins, and share gains.
The Canadian government's goal of significantly increasing immigration should prompt high levels of subscriber growth for all wireless incumbents, and Telus is second to none.
Telus' free cash generation should rise significantly and stay elevated as it has now passed the bulk of the capital spending associated with its fiber network overhaul.