The Globe and Mail reports in its Saturday edition that Telus posted lower third-quarter revenue, a loss of $660-million and an $800-million writedown in its health business. The Globe's Irene Galea writes that the moves come as new chief executive officer Victor Dodig aims to refocus the company on its core telecom business while pursuing cost savings. Telus also made progress on some telecom metrics during the quarter and, in a release Friday, recommitted to asset sales and outlined plans to expand its investments in artificial-intelligence data centres. The results represent another mixed quarter for Telus, which has suffered a 27-per-cent share-price slide since the beginning of the year, despite recent efforts by executives to course-correct after years of heavy spending on dubious acquisitions. In support of deleveraging and future profitability, Telus said it plans to save $900-million per year from the end of 2028 onward, with $250-million of expected savings in 2027, by cutting operating costs and capital expenditures. About 80 per cent of the cash savings are expected to come from the telecom segment. TD Cowen analyst Vince Valentini said, "This is a confidence-inspiring first quarter" under new leadership.