Cable & Telecom

Wireless growth, tax re-evaluation, boosts Telus

VANCOUVER – Thanks to continuing strong wireless and high speed Internet subscriber growth, Telus reported a 6% increase in revenues to $2.1 billion in the second quarter, as compared to the same period a year ago. EBITDA increased 4% to $897.1 million and operating income jumped 10.5% to $515 million. "Our national wireless and data growth strategy continues to generate strong consolidated top and bottom line growth for Telus despite the challenging wireline environment," said company CEO Darren Entwistle. "Wireless revenue, which is now 44% of consolidated revenue, was up 18% in the second quarter. However, Telus' wireless operations generated...
 

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.