Cable / Telecom News

Telus reports strong Q4 growth, 2015 financial targets

VANCOUVER — Telus today reported strong growth for its fourth quarter of 2014, with a 6.1% increase in consolidated operating revenue from a year earlier, driven by revenue and earnings growth in both its wireless and wireline businesses.Telus’s operating revenues for Q4 2014 totalled $3.1 billion, and the company’s Q4 EBITDA increased by 5.3% to $1.0 billion. Net income of $312 million was higher by 7.6% as compared to the same quarter last year, while basic earnings per share (EPS) rose by 8.5% to $0.51.In total, Telus’s consolidated operating revenues for the full 2014 fiscal year were $12 billion and...