Telus Corp.’s net income, operating revenue rise in third quarter

VANCOUVER — Telus Corp. says its net income attributable to common shares more than doubled during its third quarter despite the company adding fewer net new customers compared with the same time last year.

The telecommunications company says it earned $280 million in its third quarter, up 105.9 per cent from the same three-month period in 2023.

Earnings per diluted share for the quarter ended Sept. 30 was 19 cents compared with nine cents a year earlier.

It reported adjusted net income was $413 million, up 10.7 per cent year-over-year from $373 million in the same quarter last year.