Cable / Telecom News

Wireless and data lead strong Telus Q4

VANCOUVER - Fourth quarter revenue jumped 8% to $2.25 billion at Telus compared to Q4 2005, the company said today. Thanks to strong wireless and data growth, earnings before interest, taxes, depreciation and amortization (EBITDA) increased 20%, too, aided by the absence of expenses from the labour disruption in the fourth quarter of 2005. Telus achieved or exceeded four of five consolidated financial 2006 targets set more than a year ago, reports the western telco. "This result was largely driven by the national wireless business and wireline data growth, which included our non-incumbent operations in central Canada. The 2006 results...