Telus Sees Smartphone Data Usage Leap 27% in One Quarter

Posted by Techvibes NewsDesk

Vancouver-based telecommunications giant Telus increased its revenue by 4% to $2.66 billion during the second quarter of 2012, the company reported today. Telus also grew earnings per share by 2%, hauling in $328 in net income. 

In terms of subscribers, Telus managed to gain 112,000 net new post-paid wireless customers. The national telco also grew its average revenue per user by 2.4%, which has actually been a rare metric to see climb this year. The new influx of smartphone users saw wireless data usage jump 27% in the quarter.

In addition, Telus added 42,000 television subscribers. The company has now nearly 600,000 in total, or 48% more than in the second quarter of 2011.

Telus is currently mired in a battle with Globalive Wireless, the parent company of discount carrier Wind Mobile.

Company:
Telus Corp.
Website:
http://www.telus.com
Location:
Vancouver, British Columbia, Canada

Technology is a key enabler for TELUS and our customers, providing advantage and differentiation in the marketplace. By managing the life cycle of current technologies and the timely introduction of new technologies we deliver superior service value to our customers and long-term growth oriented investment performance to our shareholders. For investors, TELUS is succeeding in managing technology and capital... more


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Techvibes NewsDesk

Techvibes NewsDesk

Techvibes is Canada's leading technology media property.Founded in 2002, Techvibes covers technology and business news that impacts Canadians. We combine breaking local news with international coverage to deliver a unique balance of insight and information. The Techvibes Newsdesk covers a broad beat and publishes general news stories. If you have a story you would like covered, email... more



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