Cable & Telecom

Q1 revenues, profits on the rise at Telus

VANCOUVER - Higher wireless and wireline data services revenue helped to power first quarter profits and revenues at Telus, the company said Thursday.Consolidated operating revenue of $3.5 billion was up 3.8% from the same period a year ago.Earnings before interest, income taxes, depreciation and amortization (EBITDA) increased by 8.7% to $1.4 billion due to higher revenue growth and wireless equipment margins, growth in wireline data service margins, the implementation of accounting standard IFRS 16 on certain expenses, as well as EBITDA contribution from its customer care and business services (CCBS) and Telus Health businesses. This growth was partly offset by declines...
 

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.