EBITDA is a measure of cash generation by a business where the uses of that cash may be more or less discretionary depending on the nature of the business.The EBITDA of a TV station is largely discretionary. The use of EBITDA is an attempt to make the results of different companies more comparable and uniform. Forward-looking statements are typically identified by the words assumption, goal, guidance, objective, outlook, strategy, target and other similar expressions, or future or conditional verbs such as By their nature, forward-looking statements are subject to inherent risks and uncertainties and are based on assumptions, including assumptions about future economic conditions and courses of action. EBITDA is a cash flow measure that ignores changes in working capital. Our total wireless subscriber base of more than 10 million is up 4.9 per cent over the last twelve months, reflecting a 2.4 per cent increase in our mobile phones subscriber base to 8.8 million and a 21 per cent increase to our mobile connected devices subscriber base to over 1.6 million. For this reason, EBITDA is used in ranking With the closure of borders and the corresponding decline in customer travel, as well as our decision to temporarily waive wireless roaming fees up to April 30, 2020, we experienced a significant decrease in roaming revenues. All numbers are in their local exchange's currency.Sometimes companies may have already deducted Depreciation and Amortization from Gross Profit. 10:19 AM EST - TELUS Corporation : Released its unaudited results for the second quarter of 2020.For the quarter, consolidated operating revenue of … The company provides global contact center and business process outsourcing services to clients belonging to financial services, consumer electronics and gaming, telecommunications, energy and utility industries. Additionally, capital expenditures included advancing wireless speeds and coverage, supporting systems reliability and operational efficiency and effectiveness efforts, and continuing to connect additional homes and businesses directly to our fibre-optic technology. Telus International General Information Description. The company valuation of TELUS Corp. according to these metrics is way above the market valuation of its peer group. Additional risks and uncertainties not currently known to us or that we currently deem to be immaterial may also have a material adverse effect on our financial position, financial performance, cash flows, business or reputation. While we did not experience a significant change in the collectability of receivables during the quarter, we recorded higher bad debt expense to reflect the financial pressures that households and businesses are currently facing, in-line with our historical best practices. Building on our consistently world-leading technology, our 5G network will bridge digital divides and drive innovation across businesses, government, healthcare, education and social pursuits, whilst creating an estimated 250,000 jobs and contributing an anticipated $40 billion annually to Canada’s economy. “Our 5G network will profoundly enhance the way our customers will connect to information and one another, and is available at no additional cost on TELUS Peace of Mind plans with endless data and no overage fees. Leveraging our strong digital capabilities, in concert with our team’s characteristic adaptability, we achieved healthy customer growth in the quarter, including 61,000 high-quality mobile phone net additions, comprised entirely of higher-value postpaid customers, and 47,000 wireline customer additions, driven by 37,000 internet and 12,000 security net additions, both up year-over-year. Our free cash flow objective is not amplified by capex as we continue to anticipate capital investments of approximately $2.75 billion, to support ongoing prudent investments in fruitful opportunities we see to advance the delivery of our leading network technologies.”In the quarter, we added 151,000 new wireless, internet, TV and security customers, down 55,000 over the same quarter a year ago, while our residential voice losses of 10,000 remained stable, resulting in total net additions of 141,000.
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