Telus reports 6.4% increase in operating revenues

VANCOUVER – Telus Corporation today announced its first quarter 2022 results, reporting $4.3 billion in consolidated operating revenues and other income – an increase of 6.4% compared to the same period in 2021. Adjusted EBITDA for the quarter increased 7% to $1.6 billion and net income increased 21% to $404 million. Mobile network revenue for the quarter increased by 4.9% compared to the same quarter last year “due to growth in mobile phones and connected device subscriber base over the past 12 months, in addition to higher mobile phone ARPU,” the press release says. Mobile equipment and other service revenues...