Despite tough economy, Telus forecasts growth for 2009, thanks to wireless

VANCOUVER – Telus is predicting 4-6 % consolidated revenue growth in 2009, representing an increase of approximately $375 to $625 million. The company released its financial targets for next year on Tuesday in a press release. Among its other predictions are: - EBITDA growth of about 4%, though moderated by increased pension expense in 2009 due to equity market weakness in 2008; - An increase in wireless revenue of 8-10%, due to continued growth in wireless subscribers, increased smart phone adoption and increased wireless data adoption and usage; - An increase in wireline revenue of 3%, driven largely by data;...