The Information Technology 100
Canada's No. 2 phone company is rebounding from its recent financial struggles by taking advantage of a surging wireless business. Telus Mobility accounts for 37% of the parent company's sales, and 44% of operating profits. With growth in the mid-double-digits, it's fueling virtually all of the growth. Telus more than doubled its profits in the first quarter, to $242 million, on revenues of $1.97 billion.
Despite tough wireless competition, Telus is making hay in the mobile biz by focusing on high-end customers whose chatty ways provide Telus with significantly higher average revenue per customer. At the same time, the basic phone business is setting itself apart by moving to an Internet protocol (IP) network. It's using a state-of-the-art system to attack Bell Canada and steal some of its profitable business customers as they migrate to IP. The result: Telus feels confident enough to up its 2005 sales guidance to $8 billion, an increase from $7.6 billion in 2004.
|Return on Equity||9.9%|
|CORPORATE WEB SITE|
All figures are for the most recent available 12 months.
* Latest available data for the 12-month period ended Dec. 31, Jan. 31, Feb. 29, Mar. 31, or Apr. 30. For companies that do not report quarterly, the most recent annual data were used.
Data provided by Standard & Poor's Compustat, BusinessWeek
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TELUS Corp., through its subsidiaries Tele-Mobile Company and TELUS Communications Inc., provides various telecommunications products and services in Canada. The company operates through two segments, Telus Communications and Telus Mobility. The company was incorporated under the name BCT.TELUS Communications Inc. in 1998 and changed its name to Telus Corp. in 2000. It's based in British Columbia.
No. of Employees
Darren Entwistle has been Chief Executive Officer and President of TELUS Corp. since July 10, 2000. Mr. Entwistle has been a Director of TELUS Corp. since 2000. Mr. Entwistle has been a Director of Telus Communications Inc. since 2000. He serves as a Director of Vancouver 2010 Bid Corp. He holds a Bachelor of Economics (Honours) from Concordia University, an MBA in finance from McGill University and a diploma in network engineering from the University of Toronto.