Cable & Telecom

A strong Q2 for Telus

VANCOUVER – Telus saw consolidated operating revenue increase 4.2% to $3.6 billion in the second quarter, ended June 30th, thanks to strong growth on the wired and wireless sides of the business.Earnings before interest, taxes, depreciation and amortization (EBITDA) increased by 9.8% as compared to the second quarter of 2018 to $1.4 billion. The company noted in its press release that growth was partly offset by declines in wireline legacy voice and legacy data services.For the quarter, net income of $520 million increased by 31% over the same period a year ago due to EBITDA growth and lower income taxes,...
 

Our industry and COVID-19

We've gathered a number of links where Canadian cable, radio, television, telecom and wireless companies have posted their responses to the Covid-19 pandemic.