TELUS Q4 results bring subscriber base to 7.67 million, ARPU to $60.95

TELUS reported their Q4 results this morning and they are ever so closely inching towards becoming Canada’s second largest wireless carrier. TELUS ended 2012 with 7.67 million subscribers, up 4.5% over last year. TELUS noted in their press release that wireless revenues topped $1.5 billion which was driven by a “continued growth in subscribers and ARPU.” Data revenue increased by 22% to reach $570 million, or 41% of network revenue. Blended ARPU (Average Revenue Per User) increased $1.87 to $60.95 mainly due to “strong adoption of smartphones and applications, as well as related data plans, higher roaming volumes, increased revenues from text messaging and growth in mobile Internet devices and tablets.”

With TELUS’ 7.67 million subs they are slightly behind Bell at 7,681,032 wireless subscribers, but far away from the number one position Rogers has with 9,437,000.

Source: CNW