Telus is one of the largest telecommunications companies in Canada, and I like it more than the other telecoms (RCI.B, BCE, SJR.B) due to its lower PE of just 15.51. It does not have the highest dividend, but it is close at 4.30%. In terms of growth, to me, it has the best proposition for growth of all the telecoms. The PEG ratio is not low at 2.33, but compared to the other companies, it still has room to grow (Rogers has a dismal PEG ratio of 4.63). Buy Telus for a lower-volatility buy-and-hold income stock that should still see some share price appreciation in the mid- and long-term.
Disclosure: I personally own T.