Telus tops 10 million wireless customers

VANCOUVER – Telus was the last of the big telecoms to report their Q3 2019 results, and on Thursday reported consolidated adjusted EBITDA of $1.46 billion with revenues of $3.7 billion for the period ended September 30th a 2.6% increase over Q3 last year, excluding the gain on the sale of Telus Garden in 2018.For the quarter, the company’s net income of $440 million marked a 1.6% decrease over the same period last year. EBITDA growth was primarily offset by higher depreciation and amortization due to growth in the company’s asset base, including from investments in broadband technologies and business acquisitions.Telus...