Turnover at TELUS tops two billion, but EBITDA down

20 Feb 2006

Canadian telecoms group TELUS has reported revenues of CAD2.087 billion (USD1.81 billion) for the fourth quarter of 2005, up 6% on the corresponding period of 2004, and attributed the increase to strong mobile performance. EBITDA was down 4% year-on-year in the quarter due to higher temporary expenses associated with a labour dispute in Western Canada that ended in late November. In that month, TELUS began the integration of its wireless and wireline business segments into a single operating structure.