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TELUS CORP

For the period ended Dec 31, 2025. Filed Feb 12, 2026.

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About this filing

The yearly report of certain Canadian companies, filed under a joint US and Canadian system. It is the main yearly account these companies give US investors, largely as filed in Canada.

FY2025 · Filed Feb 12, 2026

TU$9.11-3.3%Stored close · as of Nov 6, 2026
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Contents

EX-99.4 · TTech operating indicators

TTech operating indicators

​ · ​ · ​ · ​ · ​ · ​ · ​ · ​
At December 31​ ​ ​2025​ ​ ​2024​ ​ ​Change
Subscriber connections (thousands): · ​ · ​ · ​ · ​
Mobile phone1​10,324​10,147​2%
Connected device​4,445​3,729​19%
Internet2​2,817​2,7602%
TV​1,449​1,3894%
Security and automation​1,152​1,1203%
Residential voice​973​1,030(6)%
Total telecom subscriber connections​21,160​20,1755%
LTE population coverage3 (millions)​36.7​36.7​—%
5G population coverage3 (millions)​33.3​32.3​3%
Fibre optic cable population coverage (millions)​3.7​3.4​9%
​​​​​​​​
Years ended December 31 · ​ ​ ​ · 2025 · ​ ​ ​ · 2024 · ​ ​ ​ · Change
Mobile phone gross additions (thousands)​1,633​1,769​(8)%
Subscriber connection net additions (losses) (thousands):​​​​
Mobile phone​207​346​(40)%
Connected device​716​615​16%
Internet123134(8)%
TV6092(35)%
Security and automation3264(50)%
Residential voice(57)(35)(63)%
Total telecom subscriber connection net additions1,0811,216(11)%
Mobile phone ARPU, per month4 ($)​57.01​58.67​(2.8)%
Mobile phone churn, per month5 (%)​1.17​1.20​(0.03)pts.
1Effective January 1, 2025, we adjusted our mobile phone subscriber base to remove 30,000 subscribers on a prospective basis, following an in-depth review of customer accounts.
2Effective January 1, 2025, we adjusted our internet subscriber base to remove 66,000 subscribers on a prospective basis, due to a review of our subscriber base.
3Including network access agreements with other Canadian carriers.
4This is an other specified financial measure. See Section 11.1 Non-GAAP and other specified financial measures. This is an industry measure useful in assessing operating performance of a mobile products and services company, but is not a measure defined under IFRS Accounting Standards.
5See Section 11.2 Operating indicators.
●Mobile phone gross additions were 1,633,000 in 2025, reflecting a decrease of 136,000. This decrease was driven by decelerating growth in the Canadian population from slowing immigration, in addition to a greater emphasis on profitable loading.
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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.