Tuesday, August 21, 2018

Telus Corporation - T.t

Telus Corporation - T.t is a telecommunications company in Canada that provides a wide range of telecommunications products and services including internet access, voice, entertainment, healthcare, video, and satellite television.

Telus's wireless division, Telus Mobility, offers CDMA 2000, IDEN, HSPA+, and LTE-based mobile phone networks. Telus’s major market areas are British Columbia, Alberta, Ontario and Quebec.

On August 14, 2018 the media reported News

Post says Telus profit flat in Q2
The Financial Post reports in its Saturday edition that Telus's wired businesses outshone its wireless results in the second quarter, with executives crediting investments in fibre connections for higher demand for Internet and television services. The Post's Emily Jackson writes that Telus reported Friday wired business revenue of $1.57-billion for the three months ended June. 30, up 7.1 per cent from the same period last year thanks to the addition of 29,000 Internet customers and 15,000 TV customers. The influx beat analysts' expectations of 15,000 and 4,000 new customers, respectively. Revenue in its wireless business rose at a slower rate of 3.6 per cent to $1.94-billion. Telus added 87,000 new customers, but average billings per user edged up just 0.6 per cent to $67.24. While the subscriber volume met Bay Street's predictions, Telus fell short of its top competitors with Rogers and Bell, each adding 122,000 wireless subscribers in the period.