Cable / Telecom News

TV growing quickly for Telus

VANCOUVER – While revenue growth was flat and high speed Internet subscriber additions surprisingly low in the first quarter of 2010, ended March 31st, Telus still managed to please the street, thanks in part to a 5.3% increase in the dividend to shareholders and growth in other areas.Over the 12 month period, total customer connections increased 2.4% or 276,000, driven by a 6.4% increase in wireless subscribers and 103% growth in Telus TV customers, partially offset by declines in legacy landline connections the company said in its quarterly report to shareholders on Wednesday. Telus now has over 200,000 TV customers...