Cable / Telecom News

Wireless expected to carry Telus in 2011


VANCOUVER – Telus is banking on wireless to power its 2011 financial results.The telco said this week that it expects its wireless division to see revenues rise 3.5 to 6.5% to between $5.2 billion and $5.35 billion, while its wireline revenues, which includes local and long distance services, will see relatively flat growth between $4.73 billion to $4.88 billion.  Overall, consolidated revenue is expected between $9.93 billion and $10.23 billion."We plan our 2011 performance to build on the progress achieved in 2010," said EVP and CFO Robert McFarlane, in a statement. "Next year's results are expected to benefit from the...