Telus overtakes Bell as second largest mobile operator by users

17 Feb 2014

Canadian quadruple-play telco Telus has posted a 3.6% year-on-year increase in EBITDA to CAD951 million (USD865 million) in the fourth quarter of 2013, on consolidated quarterly revenues which climbed 3.4% to CAD2.948 billion in Q4. Notable in Telus’ end-of-year results was the fact that it narrowly surpassed Bell Mobility as Canada’s second largest mobile operator by users, with its total wireless subscribers standing at 7.807 million at 31 December 2013, compared to 7.670 million a year earlier (exceeding Bell’s figure by 29,000). Telus’ fixed broadband customer base grew by 5.2% in 2013 to 1.395 million, and its pay-TV customers, largely based on IPTV, rose by 20.2% to 815,000.