TeleGeography Logo

Telus’ profits slide on flat turnover

6 May 2010

Canadian full-service telco Telus has reported a 16.7% year-on-year fall in consolidated group net income in the first quarter of 2010 to CAD268 million (USD261 million), on operating revenues that remained flat year-on-year at CAD2.375 billion. A 4.1% rise in wireless turnover counteracted a 3.4% drop in wireline division sales in the quarter ended 31 March 2010, whilst consolidated EBITDA climbed 3.8% y-o-y to CAD940 million. Group CAPEX – CAD474 million in 1Q09 – decreased by 34% (including a 70% drop in wireless CAPEX) to CAD311 million in January-March 2010.

Canada, Telus Corporation, Telus Mobility (old)

GlobalComms Database

Want more? Peruse the GlobalComms Database—the most complete source of intel about mobile, fixed broadband, and fixed voice markets.


TeleGeography is the definitive source for telecom news, numbers, and analysis. Explore the full research catalog.