Telus revenue increases 9.3% in Q3 2022

VANCOUVER – Telus today reported its operating revenue for the third quarter of 2022 was $4.6 billion – a 9.3% increase compared to the same quarter of 2021. Adjusted EBITDA was $1.7 billion, which is a 10.7% year-over-year increase. Mobile network revenue specifically “increased by $108 million or 6.8 per cent in the third quarter of 2022, due to an increase in the mobile phones and connected device subscriber base over the past twelve months, in addition to roaming improvements,” a press release explains. “As compared to the third quarter of 2019, mobile network revenue is higher by $118 million...