05-11-2015 13:19 via uk.news.yahoo.com

Telus profit, revenue rise; eyes cost cuts as wireless slows

By Alastair Sharp TORONTO (Reuters) - Telus Corp , one of Canada's three big telecoms providers, reported a 4.2 percent rise in quarterly revenue on Thursday as wireless growth slowed and it eyed cost savings. The Vancouver-based company said it added 69,000 net new postpaid customers, who typically spend much more per month than those who prepay for service. "A tougher double cohort quarter for wireless," RBC Capital Markets analyst Drew McReynolds wrote in a note, adding that fixed line earnin
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