Telus revenue 2010-2023
In 2023, Telus Corporation generated 20 billion Canadian dollars in operating revenue. This is the highest revenue they have reported during the given period from 2010.
Telus Communications Company– additional information
Based in Vancouver, Telus is a Canadian telecommunications company that provides a variety of products, including Internet, voice, entertainment, healthcare IT, and enterprise services. The company employs approximately 78,100 people, excluding the 49,700 employees who work for Telus International, the company's global arm. Within Canada, the company's main competitors are Bell Canada and Rogers Communications, both of whom also have portfolios of wireless, wireline, and media services.
In the fixed line market, Telus has seen steady increases to its top line, with annual revenue of 7.51 billion Canadian dollars from wireline services in 2020. The majority of wireline subscribers are users of broadband Internet services, although television subscriber figures have increased in recent years.
From its wireless services and equipment segment, Telus generates around 7.9 billion Canadian dollars revenue. Throughout Canada, the company serves around 10.75 million wireless subscribers. Relative to the other major wireless carriers, Telus's average revenue per unit (ARPU) is respectable at approximately 58 Canadian dollars. However, where Telus distinguishes itself is through its churn rate, losing just 0.91 percent of its postpaid customer base per month and currently the lowest churn rate among major Canadian wireless providers.
