TELUS Reports Increase In Earnings
Vancouver, BC-based TELUS Corporation today released financial results for the second quarter of 2005. The company reports�particularly strong results from its wireless division, TELUS Mobility.
Among the highlights of the report:
* Consolidated operating revenues of $2.0 billion in the quarter increased�eight percent�from a year ago and operating income was up 24 percent.
* Earnings per share for the second quarter were 53 cents, up 10 percent�compared with 48 cents for the same period a year ago.
* Strong data growth with stable long distance revenues result in increased operating revenues, which increased by $28 million or�two percent�to $1,217 million in the second quarter of 2005, when compared with the same period in 2004 representing a fourth consecutive quarter of year-over-year growth.
* TELUS Mobility reported a strong cash flow improvement of $44 million driven by 19 percent�revenue growth and significant margin expansion.
The full release may be accessed at http://www.tmcnet.com/usubmit/-telus-reports-second-quarter-results-/2005/aug/1170560.htm
TES
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