Telus beats Bell Canada and Rogers Communications in Q2′08 contract subscribers add (Canada)Telus Communications, Canada, has posted net profit of CAD267 million (USD250 million) for Q2′08, up from CAD253 million in the same quarter of 2007, on revenues that increased by 7.7% year-on-year to CAD2.40 billion.
EBITDA reached CAD918 million, up 3.7% from 2Q07. Wireless turnover has climbed 9% in the same period to CAD1.15 billion, driving EBITDA up 7.6% to CAD485 million. Mobile operations were boosted by higher data revenues and the recent launch of Telus’s discount brand Koodo Mobile.
The company said it added 176,000 new wireless subscribers in Q2, including 157,000 post-paid subscribers, higher than the 2Q contract user net additions reported by rivals Bell Canada and Rogers Communications.
