- TELUS (NYSE:TU) grew revenues and earnings by more than 5% in its Q4 report while reducing postpaid wireless consumer churn to 0.94%, its best-ever rate.
- Net customer adds came in at 135K: 118K wireless pospaid, 28K TV subscribers, 22K high-speed Internet subscribers. Wireless prepaid and network access lines showed declines. End totals: wireless subscribers 8.1M (up 3.8%); high-speed Internet 1.48M (up 5.7%); TV 916K (up 12%).
- The company guided strong for 2015, with revenue, EBITDA and EPS growth of "up to 5, 7, and 13% respectively, and healthy cash flow generation of up to 27%."
- Free cash flow of $337M, up 148%, on higher EBITDA, lower tax payments and lower contributions to employee defined benefit pensions.
- Buybacks in Q4 of $112M along with $233M in dividends paid.
- Press release