Cable & Telecom

Telus posts higher Q4 revenues on wireless gains

VANCOUVER – “Robust customer growth” helped to lift fourth quarter revenues and profits at Telus, the company said Thursday.For the period ended December 31, consolidated operating revenue increased by 4.9% to $3.5 billion over the same quarter a year ago, reflecting growth in wireless network revenue and wireline data services.Earnings before interest, income taxes, depreciation and amortization (EBITDA) increased by 46% to $1.1 billion due to higher revenue growth and lower restructuring and other costs year-over-year, partially offset by higher acquisition and retention costs. Adjusted EBITDA was up 4.7% when excluding certain costs, including restructuring and other costs, which was...
 

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.