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  5. T: Please comment impact of Rogers-Shaw deal on T What is good entry point for T ? [TELUS Corporation]
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Q: Please comment impact of Rogers-Shaw deal on T What is good entry point for T ?Is it ok to buy T in this market conditions?Thanks for U usual great serives & views.
Asked by Peter on April 03, 2023
5i Research Answer:

The Shaw deal of course, despite what the 'spin' is, takes out another competitor in the industry and is probably a net negative for the incumbents. Still, the valuations likely reflect this now anyay. We think T remains one of the safest stocks to own in a rough market/economy. We think $26 would be a good level.