Telus Q4 profit surges 23% driven by wireless and wireline

VANCOUVER - Growth in its wireless and surprisingly, wireline businesses, drove fourth quarter revenue up by 6% at Telus to $2.85 billion from a year earlier, while EBITDA increased by more than 8% to $947 million. Net profit was $291 million, up 23% compared to earnings of $237 million in the same period last year. Earnings per share (EPS) rose 17% to $0.89. Consolidated revenue growth was generated by an 8% increase in wireless revenue, due to continued subscriber and data average revenue per unit (ARPU) growth, and a 13% increase in wireline data revenue. Telus said its consolidated EBITDA...