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General

Telus to hold 2-for-1 share split in March after strong Q4

Thursday 13 February 2020 | 16:43 CET | News
Canadian operator Telus said revenues for the fourth quarter rose 2.5 percent from the year before to CAD 3.9 billion, driven by higher wireless network and wireless data services revenues. The company's adjusted EBITDA grew 7.9 percent to CAD 1.413 billion, helped by growth at its subscriber based and wireline data service margins, as well as the implementation of IFRS 16. These gains were partly offset by continued declines in wireline legacy voice and legacy data services, a decline in contribution from legacy business services and lower gains on asset sales. The net profit meanwhile

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Categories: General
Companies: Telus
Countries: Canada
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