Telus (TU) Tops Q1 EPS by 3c, Updates FY Guidance

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TELUS reports strong results for first quarter 2017

May 11, 2017 8:31 AM EDT

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 05/11/17 -- (TSX: T)(NYSE: TU) - TELUS Corporation

Strong customer growth with 75,000 new postpaid wireless, Internet and TELUS TV client additions, more than double from last year

Industry-leading consolidated revenue and EBITDA growth of 2.9 per cent and 6.4 per cent respectively

Wireless network revenue and EBITDA growth of 6.4 per cent and 7.4 per cent respectively; Best-in-class wireline EBITDA growth of 4.7 per cent

Industry-leading wireless postpaid churn of 0.93 per cent combined with strong ARPU growth of 3.9 per cent, yields best-in-class lifetime revenue per... More