Tax adjustment, wireless gains, help Telus

VANCOUVER – Fourth quarter 2007 revenue at Telus came in at $2.33 billion, an increase of 3.4% from a year ago, the western telco announced this morning. “The performance was driven by 9% growth in wireless revenue and 7% growth in wireline data revenue, partially offset by declines in local and long distance wireline revenues. Consolidated earnings before interest, taxes, depreciation and amortization (EBITDA) increased 8% to $953 million due to a 14% increase in the wireless segment and 2% increase in the wireline segment,” reads the release Net income in the quarter ended December 31, 2007, was $400 million...