Telus Q3: wireless up, Internet down, TV still unsaid

VANCOUVER – Telus reported a 6% increase in operating revenues in the third quarter, but a 30% drop in net income, the company announced Friday. Wireless saw an 8.7% per cent revenue increase to $1.2 billion thanks to “record” year to date subscriber growth. Telus now has 5,981,200 wireless subscribers, up 10.6% from a year earlier. Wireline revenue grew 3.6% to $1.25 billion, driven by data growth, the release continued, though 43,000 connections were lost during the quarter, bringing the total number of landline connections to 4,282,000. Telus now has 1,211,600 Internet subscribers, a 58% decrease from a year ago,...