News Column

Telus profits jump 33 per cent in second quarter on subscriber growth

August 7, 2014

The Canadian Press



VANCOUVER - Telus Corp. (TSX:T) says second-quarter profits jumped 33 per cent on growth in both its wireless and wireline businesses.

The telecommunications company reported profits of $381 million, or 62 cents per share, compared to $286 million or 44 cents per share a year ago.

On an adjusted basis, results were equal to 63 cents per share from 54 cents.

Operating revenue grew 4.4 per cent to $2.95 billion from $2.83 billion.

Telus says it added 78,000 wireless customers on contracts, 23,000 subscribers for its televisision services and 15,000 high-speed Internet customers.


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Source: Canadian Press DataFile


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