Earnings release
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✔TELUSⓇ TELUS® News Release July 30 , 2021 TELUS reports operational and financial results for second quarter 2021 Industry - leading customer net additions of 223,000 , up 82,000 over last year , reflecting continued adoption of our superior connected experiences , innovative product set and premium bundled offerings Industry - leading mobile phone net additions of 89,000 , an increase of 28,000 over the prior year , driven by higher gross loading and maintained leading blended customer churn of 0.81 per cent Industry - leading fixed customer net additions of 50,000 , powered by TELUS PureFibre and world - leading customer loyalty ; Accelerated broadband expansion program actively underway , further expanding our PureFibre and 5G coverage and copper de - commissioning Continued strong momentum in TELUS International and Health services , with robust financial results driven by acquisitions along with strong organic customer growth ; Robust digital health transactions including increasing virtual care adoption Consolidated revenue and EBITDA growth of 10 per cent , with robust net income and EPS expansion of 9.2 and 8.7 per cent , respectively , and year - over - year dividend growth of 8.6 per cent , showcasing strong and consistent operational execution , powered by a leading asset mix Reaffirming 2021 annual consolidated financial targets including revenue and EBITDA growth of up to 10 and 8 per cent , respectively Vancouver , B.C. - TELUS Corporation today released its unaudited results for the second quarter of 2021 . Consolidated operating revenues and other income increased by 10 per cent over the same period a year ago to $ 4.1 billion . Earnings before interest , income taxes , depreciation and amortization ( EBITDA ) increased by 6.8 per cent to $ 1.45 billion while Adjusted EBITDA increased by 9.5 per cent to $ 1.5 billion . This growth reflects : ( i ) higher internet and third wave data service margins , as well as other fixed data service margins resulting from subscriber base growth and expanded services ; ( ii ) growth in our mobile subscriber base and mobile equipment margins ; ( iii ) growth from business acquisitions ( net of associated support costs ) ; ( iv ) an increased contribution from our Digitally - led customer experiences - TELUS International ( DLCX ) segment from customer growth and increased depth and breadth of services offered to our existing customers ; and ( v ) the non - recurrence of the comparative period's COVID - 19 - related provisions and non - labour restructuring and other costs related to the pandemic . This growth was partly offset by lower legacy fixed voice and legacy fixed data services and higher employee benefits expense . 1