Telus (TU) Tops Q3 EPS by 15c, Revenues Beat

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TELUS reports strong results for third quarter 2018

November 8, 2018 6:45 AM EST

Consolidated revenue and EBITDA growth of 11 per cent and 8.2 per cent, respectively and free cashflow growth of 41 per cent; excluding impacts of TELUS Garden and TELUS Friendly FutureFoundation, revenue and EBITDA up 5.8 per cent and 6.4 per cent, respectively

Strong total customer growth of 187,000, including 199,000 new wireless, Internet and TV customeradditions

Total wireless net additions of 145,000, including 109,000 postpaid additions, combined withindustry-leading wireless postpaid churn of 0.87 per cent, reflecting customer service and networkexcellence; strongest wireless customer growth since Q3 2010

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