Back to top

Analyst Blog

Telus Corporation (TU - Analyst Report) completed the acquisition of leading digital forensics provider– Digital WYZDOM Inc. and Digital WYZDOM Forensics Inc. None of the firms disclosed the financial terms of the deal.

Following the transaction, TELUS Security Solutions – that offers clients a complete security portfolio – will gain access to Digital WYZDOM’s digital forensics service. Addition of this business unit will enable Telus extend better and efficient security solutions to customers.

TELUS Security Solutions’ decision to take over Digital WYZDOM is based on the latter’s proficient manpower, advance technologies and consistent efforts to serve customers on a priority basis for their security and forensic requirements.

With security violations becoming a regular event, the demand for stricter forensic and security services are expected to increase in the near future. Telus management believes that the company – equipped with top-notch solutions and an effective networking link – is favorably placed to cater to a large number of customers in determining the risks and eliminating them on time.

President of Digital WYZDOM – Daniel Tobok, who will assume the position of director, TELUS Security Solutions – commented that the integration of both the companies will work in favor of the customers. The newly incorporated business unit will render services including quick cyber-mishap respond, forensic analysis and study, network security investigations as well as protection of businesses from cyber-thefts.

Telus Corporation – which operates within the Canadian telecom industry along with Rogers Communications Inc. (RCI - Analyst Report) and BCE Inc. (BCE - Analyst Report) – currently carries a Zacks Rank #2 (Buy). The company is expected to release fourth quarter 2012 financial results on Feb 8, 2013.

The Zacks Consensus Estimates for the fourth quarter and 2012 earnings currently stand at 87 cents per share and $4.01 per share, respectively. The estimates reflect a year-over-year increase of 16.2% for the fourth quarter and 9.6% growth for 2012.

Releases This Week

Another foreign telecom company, which is about to release financial results in the upcoming days is France Telecom , which is expected to report its fourth quarter 2012 results on Feb 20.

Please login to or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research


Are you a new Zacks Member or a visitor to

Top Zacks Features

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
ERBA DIAGNO… ERB 2.99 +2.75%
CHIPOTLE ME… CMG 689.43 +1.62%
CHINA BIOLO… CBPO 46.80 +1.60%
ILLUMINA IN… ILMN 175.11 +1.24%
GILEAD SCIE… GILD 101.54 +0.74%