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Triple Profits For Telus

  • Telus Corp., Canada's second-biggest phone company, said Friday fourth-quarter profit almost tripled, helped by record subscriber growth at its wireless unit.

    For the quarter, Vancouver-based Telus reported earnings of $135.6-million or 37 cents fully diluted, up from $47.8-million or 13 cents in the same period a year earlier.

    The latest results also included a gain of 4 cents a share related to a favourable tax settlement.

    Analysts had been expecting Telus to deliver earnings of 31 cents in quarter.Full story


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