Postpaid wireless gains buoy Q1 revenues, profits, at Telus

VANCOUVER – Targeted promotions attracted more wireless customers for Telus, resulting in a 16.7% lift in first quarter profits, the company said Thursday.For the period ended March 31, 2017, consolidated operating revenue increased 2.9% to $3.2 billion over the same period a year ago, reflecting higher revenue from data services and subscriber growth in both wireless and wireline operations, while earnings before interest, income taxes, depreciation and amortization (EBITDA) increased by 11% to $1.3 billion.When excluding restructuring and other costs, adjusted EBITDA was up 6.4% to $1.3 billion, reflecting higher revenue growth, as well as ongoing execution of operational efficiency...