Reuters: Technology News: Canada's Telus posts higher adjusted profit on broad growth

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Canada's Telus posts higher adjusted profit on broad growth Aug 8th 2013, 13:01 Tweet Share this Email Print Related News UPDATE 1-Manulife reports second-quarter profit as markets improve 7:04am EDT Manulife reports second-quarter profit as markets improve 6:25am EDT Sun Life Financial net profit rises, but cuts target Wed, Aug 7 2013 MBIA reports quarterly loss on derivative charge Wed, Aug 7 2013 Canada's Valeant gains from new deals, raises 2013 outlook Wed, Aug 7 2013 Analysis & Opinion Cybersecurity in Canada: Finance industry, government seek ways to share data A Telus retail store is seen in downtown Montreal, June 21, 2007. Credit: Reuters/Shaun Best Thu Aug 8, 2013 9:01am EDT (Reuters) - Telus Corp, a major Canadian telecom company, posted a 13.5 percent rise in adjusted quarterly profit on Thursday, helped by strong wireless growth and a fixed-line unit that is bucking industry trends with renewed expansion. The Vancouver-based company said it had adjusted earnings of C$354 million ($340 million), or 54 Canadian cents a share, in the second quarter, compared with C$312 million, or 48 cents a share, a year before. Operating revenue rose 6.1 percent to C$2.83 billion. (Reporting by Alastair Sharp; Editing by Gerald E. McCormick) Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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