Q1 2024: TELUS wireless revenue increased, but competitive promotional market hits overall subscriber base
Overview:
TELUS reports positive wireless revenue growth in the Q1 2024 earnings presentation by 0.6%. Product revenue down due to market competition but service revenue maintaining the YoY growth.
This report analyzes the Q1 2024 earnings results for the wireless and wireline segments and provides insights on the outlook guidance provided by TELUS and what can be expected for the rest of the year. This report also provides the promotions for the top flagship devices and how the promotional trends within TELUS has played out in Q1.
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Author
Emily Herbert
Emily is a Research Analyst with the North American team at Counterpoint based in Toronto, Canada. She specializes in North America handset sales along with the global secondary smartphone market. Emily has a HBA in Political Science and English from the University of Toronto with a certification in Research Analytics. She has 5 years experience in the research space with previous experience with the department of Defence Research & Development of Canada focusing on AI technologies in training modules.
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