Canada's leading mobile operator, TELUS recorded slightly (4.2%) higher operating revenue reaching $3.2 billion in the third quarter compared to a year earlier, as a result of higher data revenue in both wireless and wireline operations. The Vancouver-based operator also recorded a 2.8% higher net income in Q3, rising to $365 million compared with a year earlier.
In the quarter, TELUS attracted 119,000 net wireless postpaid, high-speed Internet and TV customers. This included 69,000 wireless postpaid customers, 26,000 Telus TV customers and 24,000 high-speed Internet subscribers. TELUS’ total wireless subscriber base went up 2.8 per cent from a year ago to 8.4 million, high-speed Internet connections went up by 6.3 per cent to 1.5 million, and TELUS TV subscribers increased by 10 per cent to 980,000.
Darren Entwistle, President & CEO, Telus
The TELUS team’s unwavering focus on our number one priority to put customers first once again earned us the leadership position with respect to lifetime revenue per customer and an unmatched ninth consecutive quarter of customer loyalty as reflected by wireless monthly postpaid churn below one per cent.
