Topic: How To Invest

The Successful Investor Hotline – Friday, April 12, 2019

Article Excerpt

TELUS CORP., $50.02, Toronto symbol T, is Canada’s third-largest wireless carrier, after Rogers Communications (No. 1) and BCE (No. 2). It also sells landline telephone and Internet services in B.C., Alberta and eastern Quebec. As part of Ottawa’s latest auction, the company has agreed to pay $931 million for new 600 MHz radio frequencies (or wireless spectrum) in B.C., Alberta, Saskatchewan, Ontario and Quebec. That outlay is equal to 58% of the $1.6 billion, or $2.68 a share, that Telus earned in 2018. The new spectrum will help the company with its plan to launch ultrafast 5G wireless Internet service, particularly in rural areas where it is too expensive to install fibre-optic cables. OUR RECOMMENDATION: Telus is a buy. Telus Corp.’s recent coverage March 2019 issue January 2019 issue MAPLE LEAF FOODS INC., $30.28, Toronto symbol MFI, sells fresh and prepared meats under the Maple Leaf and Schneider brands. In response to changing consumer tastes, the company has expanded beyond its traditional products. For example, in…

You are trying to access subscriber-only content.

To read this article, you may subscribe or sign in.
If you are already a subscriber, log in here.

If you wish to become a subscriber, click here. Or you may enjoy access to all our publications when you become a Member of Pat McKeough's Inner Circle Pro.