Cable & Telecom

Wireless boosts Q1 profits at Telus

VANCOUVER – Telus recorded a 4.1% jump in profits driven by results in both its wireless and wireline services.Consolidated operating revenue grew 5.0% to $2.89 billion, up from $2.76 billion last year, while earnings before interest, taxes, depreciation and amortization (EBITDA) increased by 4.2% to $1.07 billion from $1.03 billion.  Net income jumped to $377 million from $362 million in the first quarter of 2013.The Vancouver-based telco said consolidated revenue growth was generated by 5.6% growth in wireless revenue and 4.4% growth in wireline revenue.  In Wireless, revenue was primarily driven by subscriber growth and increased data usage from continued smartphone...
 

Our industry and COVID-19

We've gathered a number of links where Canadian cable, radio, television, telecom and wireless companies have posted their responses to the Covid-19 pandemic.