Cable & Telecom

Promotions boost Q2 for Telus

Adds 141,000 new customers VANCOUVER – Telus today reported consolidated operating revenue of $3.7 billion in the second quarter of 2020, a 3.6% increase over the same period a year ago. However, earnings before interest, income taxes, depreciation and amortization decreased by 1% to $1.4 billion while adjusted EBITDA was down 2.9%. This decline reflects the financial impacts arising from the Covid-19 pandemic, said the company’s press release, mainly thanks to lower wireless roaming revenue (partly offset by growth in wireline data service margins), expanded services and subscriber growth, an increased EBITDA contribution from our organic Telus International (TI) business,...

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.