TELUS launches Norton scam protection: ATB Cormark cuts TELUS stock target to CAD 12.00

Published on 10/25/2026 at 14:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

TELUS cut its quarterly payout 55 percent to CAD 0.19 in second-quarter 2026. TELUS stock posted CAD 0.16 quarterly earnings per share.

Digital services and balance sheet

On October 20, 2026, TELUS and Norton launched protection across calls, texts and email.
Second-quarter 2026 revenue was CAD 4.92 billion, with quarterly earnings per share of CAD 0.16.
TELUS held a CAD 19.4 billion market capitalization as of October 23, 2026.

TELUS, CA87971M1032, Illustration mit AI erstellt.

TELUS (CA87971M1032) launched Scam Protection with Norton on October 20, 2026, offering the service in new mobility data plans and a 3.00-per-month add-on for existing customers. According to Yahoo Finance, the service covers calls, texts and email through four features. On October 19, 2026, ATB Cormark cut its TELUS price target from CAD 13.50 to CAD 12.00 while retaining a hold rating, according to MarketBeat.

Three events set the backdrop

On July 31, 2026, TELUS reported second-quarter revenue of CAD 4.92 billion and quarterly earnings per share of CAD 0.16, according to MarketBeat. On October 5, 2026, TELUS and AST SpaceMobile completed their first satellite-to-smartphone integration test, with the technology expected to reach customers within the next year, according to StockTitan. The October 20 Norton launch is the latest of the three and adds a consumer-security feature to the mobility portfolio.

What does the rollout add?

The commercial test is whether digital safety strengthens customer retention without adding a major subsidy burden. New mobility data plans include the service, while existing customers can add it for 3.00 per month; the product combines Safe Call, Safe SMS, Safe Email and an AI Scam Assistant, according to Yahoo Finance. That gives TELUS a cross-selling angle while its core financial story remains centered on debt reduction after the dividend reset.

Second-quarter pressure was visible beyond the payout. TELUS cut its quarterly dividend by 55 percent to CAD 0.19, while the company targets a lower leverage ratio by the end of 2028, according to The Globe and Mail. For investors, the Norton partnership is therefore a product-development signal inside a broader balance-sheet repair story.

Frankfurt quote and valuation

The last available euro price came from Frankfurt and stood at EUR 7.60 on October 23, 2026. TELUS had a market capitalization of CAD 19.4 billion on October 23, 2026, while its 52-week range was CAD 10.89 to CAD 21.05.

The further course of trading is shown by the continuously updated real-time quote of TELUS stock.