Cable & Telecom

Revenue, EPS, EBITDA, ARPU, subscribers (TV passes 314,000) all rise at Telus

VANCOUVER – Fourth quarter revenue at Telus rose 4% to $2.55 billion, the company reported today, driven by a 9% growth in wireless revenue and 7% in wireline data revenues.Wireless average revenue per unit (ARPU) increased 1.9% this quarter, the first year-over-year increase in 14 quarters. Smartphones represented 46% of post-paid gross additions in the fourth quarter, as compared to 25% in same period last year. Higher revenue smartphone subscribers now represent 33% of total post-paid subscribers compared to 20% a year ago. However, the cost of acquisition per gross addition increased year-over-year by 2.1% to $388, reflecting a higher...
 

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.