TELUS brings in 114,000 new subs in Q3, raises total subscriber base to 7.2 million

TELUS Q3 2011 wireless results are as follows: Net subscribers increased by 114,000 (down 25.5% from Q3 2010 last year), taking them to a total subscriber base of 7,211 million. Q3 saw postpaid net subs increase by 133,000, but was hit by a decline in Prepaid 19,000 subs. Total revenue increased by $115 million or 9% to hit $1.4 billion – in the report it stated this was due to a higher ARPU (Average Revenue Per User), which was $60.52. As expected, people are adopting more smartphones, now represents 48% of the total postpaid subscriber base. With that said, data revenue increased by 53% or $153 million over last year to $444 million in the quarter.

The report also noted that they are still planning to unleash their LTE network “early 2012” with internet sticks, smartphone and tablets. “TELUS believes the LTE service launch by early 2012 is an appropriate timeframe that allows the Company to focus on enhancing the customer service experience and provides manufacturers time to make progress in their development of LTE-capable data devices, including smartphones and tablets”.

Source: CNW