Spike in data revenues drive up Q1 profits at Telus

VANCOUVER – Led by growth in both wireless and wireline, Telus saw profits jump more than 10% for the first quarter ended March 31, 2015.Consolidated operating revenue increased 4.6% to $3.03 billion, while net income grew 10.1% year-over-year to $415 million. Adjusted net income increased by 11.5% to $427 million. Earnings before interest, income taxes, depreciation and amortization (EBITDA) increased by 5.4% to $1.14 billion, though EBITDA excluding restructuring and other like costs increased by 6.2% to $1.2 billion.Telus said that consolidated revenue growth was generated primarily by higher data revenue in both wireless and wireline operations, in addition to Telus...