The Globe and Mail reports in its Saturday edition that Rebecca Teltscher, portfolio manager at Newhaven Asset Management, is keen on Telus. The Globe's Brenda Bouw writes that Telus is a stock that Newhaven has held since early 2018 and have been buying recently for clients for less than $20 a share. "Telecom has been our worst-performing sector for a few years now, but the market is starting to shift back toward more capital-intensive companies, especially given the growing need for communication towers," Ms. Teltscher says. "In Canada, there are no competitors coming in to build the same infrastructure as Telus, BCE or Rogers Communications. To me, these hard assets are valuable and irreplaceable. ... It's also further ahead with its fibre-to-home capital deployment, so it should be able to reduce its debt levels faster. The stock has been down since the announcement that Victor Dodig from CIBC would take over as chief executive officer, raising concerns among some investors that he may cut the dividend. I wouldn't be surprised if it cut the dividend -- although I hope it doesn't. If it does, it would likely still yield about 5 per cent to maintain investors. It goes back to markets being impatient; we're not."