Telus' net income soars 45% in Q2 as it reports rise in mobile, internet customers

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Telus Corp. had a record 247,000 net customer additions for the second quarter, including 93,000 in mobile. Read more

“The hallmark of our organization pre-pandemic, during the pandemic, post the pandemic or any other exogenous event or any other industry development that happened is going to be consistency and excellence in execution,” said chief executive Darren Entwistle on an earnings call.

Higher subscriber numbers helped the company record a net income of $498 million for the second quarter, up from $344 million in the same period last year.

 

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If you hate the Telecom oligopoly pricing power, buy the stock.

What? So why then are they charging their mobile customers $7 more per phone per month starting this month? TelusGouging

Ah, the perks of oligopoly! crtc

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