Telus is working with financial advisers to shape the future of its health business. This division has generated billions in revenue and has reached over 160 million people. With its growth, Telus is at a critical turning point.
TD Securities and Jefferies Securities are helping Telus determine its next steps. Their role includes providing financial insights and possibly finding strategic partners to strengthen the business.
Darren Entwistle, the CEO of Telus, emphasized that this partnership shows the company’s commitment to its investors. He views their health division as a “world-class digital asset” and is focused on attracting a strategic partner to enhance its value even further.
In the first nine months of 2025, Telus Health reported an operational revenue of CAD 1.5 billion (about USD 1 billion) and an EBITDA of CAD 258 million. Their services extend to 200 countries, showcasing their vast reach.
Entwistle mentioned that Telus Health is part of a broader plan to reduce debt and optimize resource allocation. He believes that monetizing this asset aligns with their long-term goals.
Telus Health describes itself as a “wellbeing company.” Its aim is to enhance healthcare efficiency and improve employee welfare. Recent trends show a growing emphasis on mental health and wellness in workplaces. A survey by the World Health Organization found that workplaces that prioritize employee wellbeing experience higher productivity and lower turnover rates.
As healthcare increasingly shifts toward digital solutions, companies like Telus are not just observers; they are key players shaping what comes next. This evolution in healthcare technology reflects a broader trend towards personalized care and efficiency. Companies are now expected to not only provide health services but also to innovate continuously to meet changing demands.
For anyone interested in the intersection of healthcare and technology, Telus Health’s journey offers valuable insights into how digital solutions can transform traditional industries.
