Telecom large Telus says its 2022 fourth quarter monetary outcomes are the perfect This autumn outcomes “on report.”
The corporate added 112,000 cell prospects, which remained unchanged in comparison with the yr prior. Regardless of not seeing development within the part, Telus elevated its cell community income by $104 million (6.5 %) partially as a result of a rise its related gadget subscriber base. Increased ARPU (referring to how a lot Telus made off every cell buyer) additionally performed a task, which Telus largely attributes to elevated roaming. Income from cell tools enhance by 9.7 %.
Telus added 106,000 related gadgets (a 30 % enhance) and likewise grew its web subscriber base by 5 %.
Nevertheless, the corporate’s whole income noticed a pointy decline. Telus pulled $265 million in revenue this quarter, in comparison with $663 million in This autumn 2021. The corporate says the price of “increased items and companies bought” performed a task.
Telus additionally lately revealed that it acquired two independent service providers. It took over Altima in June 2022 and Begin.ca in January 2023. Nevertheless, neither of these transactions are a part of the This autumn outcomes.
Extra to come back…
Supply: Telus
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