Cable / Telecom News

Wireless, Internet to do heavy lifting for Telus in 2007

VANCOUVER – While Telus expects to add about the same number of new wireless and Internet customers in 2007 as it did in 2006, additional services means more revenue in the next 12 months. "Telus' 2007 targets build on the financial success experienced in 2006. Telus expects to meet or exceed the 2006 consolidated targets set a year ago for revenue, earnings and cash flow," said Robert McFarlane, executive vice president and CFO, in a press release. Telus plans to add about 550,000 wireless customers through next year for a 12% to 13% revenue increase (up to $4.375 billion) and...