Wireless leads Telus' 6% revenue growth

VANCOUVER – Telus Corporation reported a 6% growth in revenue to $9.65 billion, and a 5% growth in EBITDA for its fiscal year ended December 31, 2008. Revenue for its fourth quarter was $2.45 billion, an increase of 5% from a year ago, driven primarily by a 7% growth in wireless revenue and 13% growth in wireline data revenue. Net income for the quarter was $285 million, and consolidated EBITDA decreased by $16 million, due to increased investments in operating efficiency initiatives that resulted in restructuring costs increasing by $32 million, the company's press release detailed. "The very fact we are able...