Telus reports strong growth for Q2 2018

VANCOUVER — Telus experienced a solid quarter in Q2 2018 with its revenues reaching $3.5 billion, a 5.3% increase compared to the same quarter last year, primarily due to strong growth in its wireless network and wireline data services, the company announced Friday morning.The company’s EBITDA (earnings before interest, taxes, depreciation and amortization) increased by 3.6% to $1.3 billion due to higher wireless network revenues and wireline services revenue growth, partially offset by incremental employee benefits expense and other expenses due to recent business acquisitions, Telus said in a news release announcing its Q2 2018 financial results. The company’s adjusted...