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Data Revenues Continue to Boost TELUS Corporation's Profits

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Data revenues continue to boost earnings for large CSPs. TELUS Corporation's recently announced Q2 financials show that data revenue made up 43% of its total wireless revenue of $1.5 billion, with an ARPU of $26.44.The widespread use of smartphones and the various applications as well as better roaming capabilities are some of the major factors driving the data revenue for TELUS. The customer base for wireless services also increased by 100,000 for the period, reaching a total of 7.7 million. The wireline and its Optik TV are two other segments that contributed to the increase in TELUS's total revenue which recorded a figure of $2.83 billion for the quarter. 

 

Darren Entwistle, TELUS President and CEO said, “TELUS continues to generate strong operating and financial results driven by both the wireless and wireline segments of our business, which is significantly differentiating us from our global peers. Our steadfast focus on making investments in advanced broadband data technology and services coupled with our unwavering commitment to putting customers first continues to enhance the loyalty of our existing client base, attract new customers and generate strong bottom line growth. This is evidenced in our second quarter results that realised 100,000 new postpaid wireless customers, 31,000 additional TV subscribers, 13,000 more high-speed Internet customers and an industry-leading low postpaid wireless churn rate of only 1.03 per cent per month. Revenue and normalized EBITDA growth of more than six per cent were driven by both wireless and wireline and clearly demonstrate the growing robustness of our wireline financial results.” 

 

  Source - Telus (August 8, 2013) Follow US @ Policy and Charging Control Policy and Charging Control Policy and Charging Control

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Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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