Telus sees earnings, revenue gains ahead as it pulls back on spending
The company said Thursday it expects free cash flow to jump 60 per cent to $2 billion in the year ahead compared with the last as the intensity of its capital spending drops to a historic low.Start your day with a roundup of B.C.-focused news and opinion delivered straight to your inbox at 7 a.m., Monday to Friday.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.
“A differentiated asset base, best in class customer experiences, world leading network and our unique growth businesses provide us with our confidence in the robust outlook for our business,” said Entwistle.Article content Operating revenue and other revenue for the quarter totalled $5.1 billion, up from $4.9 billion in the last three months of 2021.
Analysts on average had expected a profit of 28 cents per share, according to estimates compiled by financial markets data firm Refinitiv.
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