Strong Customer Growth
TELUS achieved total mobile and fixed customer growth of 198,000 in Q2, with mobile phone and connected device additions of 167,000 and fixed customer additions of 31,000.
Low Postpaid Mobile Phone Churn
Postpaid mobile phone churn was 0.9%, marking the 12th consecutive year below the 1% level.
TELUS Health Revenue Growth
TELUS Health achieved operating revenue growth of 16% and adjusted EBITDA growth of 29%.
Wireline Business Success
TELUS delivered industry-leading total fixed customer additions with 27,000 Internet net additions and industry-best fixed data services revenue growth of 73%.
Successful Asset Monetization
TELUS announced a definitive agreement with La Caisse to acquire a 49.9% interest in their newly formed Canadian wireless tower infrastructure operator, Terrion, which will aid in balance sheet deleveraging.
Free Cash Flow Improvement
Free cash flow of $535 million increased by 11% compared to the same period a year ago.