Telus Rises as Canaccord Downplays Verizon Threat: Toronto Mover
This article is for subscribers only.
Telus Corp. rose after Canaccord Financial Inc. said investors had overestimated how much Verizon Communications Inc. may shake up Canada’s wireless market.
Telus shares climbed 3.1 percent to C$31.66 at the close in Toronto. Larger mobile-phone rival Rogers Communications Inc. advanced 2.8 percent to C$42.37.