Dominion Lending Centres Clearlease Reports Telus Corp. (TSX:T) pulls in $328 million in Q1 profit; hikes dividend

Dominion Lending Centres Clearlease Reports Telus Corp. (TSX:T) pulls in $328 million in Q1 profit; hikes dividend

VANCOUVER, BC – (May 5, 2011) Clearlease Reports Wireless phone company Telus Corp. (TSX:T) is raising its dividend after reporting May5, 2011 that higher wireless data usage helped boost profits 19 per cent in the first quarter.

The company said profits were $328 million in the first three months of the year, compared to $273 million during the same period last year.

Revenue came in above analyst expectations at $2.5 billion, compared to $2.3 billion a year earlier, and was mainly driven by wireless data revenue, which grew 44 per cent.

Telus said it is confident in its future growth and will pay out a higher dividend of 55 cents in July. That’s two-and-a-half cents more than it had planned.

The company said it added 52,000 new postpaid wireless customers during the quarter, while it lost 20,000 prepaid subscribers. It also added 44,000 new television subscribers and 16,000 new Internet customers.

Telus’ earnings per share for the first quarter were equal to $1.01, compared to 85 cents per share in the same quarter of 2010.

Analysts’ estimates compiled by Thomson Reuters pegged revenue at $2.45 billion with a low of $2.43 billion to a high of $2.48 billion.

Earnings per share was estimated at 94 cents with a low of 78 cents to a high of $1.05.

Telus is one of the few major telecom companies that has said it won’t pursue a strategy of buying up media properties to give it content for its online and mobile phone platforms.

The Vancouver company offers its Internet-Protocol television service in British Columbia, Alberta and eastern Quebec.

Telus has said it will launch an even faster wireless network with technology called Long-Term Evolution in early 2012.

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Video Link: http://youtu.be/f_kk7WJa7Uk

Dominion Lending Centres Clearlease Reports Telus Corp. (TSX:T) pulls in $328 million in Q1 profit; hikes dividend

VANCOUVER, BC – (May 5, 2011) Clearlease Reports Wireless phone company Telus Corp. (TSX:T) is raising its dividend after reporting May5, 2011 that higher wireless data usage helped boost profits 19 per cent in the first quarter.

The company said profits were $328 million in the first three months of the year, compared to $273 million during the same period last year.

Revenue came in above analyst expectations at $2.5 billion, compared to $2.3 billion a year earlier, and was mainly driven by wireless data revenue, which grew 44 per cent.

Telus said it is confident in its future growth and will pay out a higher dividend of 55 cents in July. That’s two-and-a-half cents more than it had planned.

The company said it added 52,000 new postpaid wireless customers during the quarter, while it lost 20,000 prepaid subscribers. It also added 44,000 new television subscribers and 16,000 new Internet customers.

Telus’ earnings per share for the first quarter were equal to $1.01, compared to 85 cents per share in the same quarter of 2010.

Analysts’ estimates compiled by Thomson Reuters pegged revenue at $2.45 billion with a low of $2.43 billion to a high of $2.48 billion.

Earnings per share was estimated at 94 cents with a low of 78 cents to a high of $1.05.

Telus is one of the few major telecom companies that has said it won’t pursue a strategy of buying up media properties to give it content for its online and mobile phone platforms.

The Vancouver company offers its Internet-Protocol television service in British Columbia, Alberta and eastern Quebec.

Telus has said it will launch an even faster wireless network with technology called Long-Term Evolution in early 2012.

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Video Link: http://youtu.be/f_kk7WJa7Uk

Dominion Lending Centres Clearlease Reports Telus Corp. (TSX:T) pulls in $328 million in Q1 profit; hikes dividend

VANCOUVER, BC – (May 5, 2011) Clearlease Reports Wireless phone company Telus Corp. (TSX:T) is raising its dividend after reporting May5, 2011 that higher wireless data usage helped boost profits 19 per cent in the first quarter.

The company said profits were $328 million in the first three months of the year, compared to $273 million during the same period last year.

Revenue came in above analyst expectations at $2.5 billion, compared to $2.3 billion a year earlier, and was mainly driven by wireless data revenue, which grew 44 per cent.

Telus said it is confident in its future growth and will pay out a higher dividend of 55 cents in July. That’s two-and-a-half cents more than it had planned.

The company said it added 52,000 new postpaid wireless customers during the quarter, while it lost 20,000 prepaid subscribers. It also added 44,000 new television subscribers and 16,000 new Internet customers.

Telus’ earnings per share for the first quarter were equal to $1.01, compared to 85 cents per share in the same quarter of 2010.

Analysts’ estimates compiled by Thomson Reuters pegged revenue at $2.45 billion with a low of $2.43 billion to a high of $2.48 billion.

Earnings per share was estimated at 94 cents with a low of 78 cents to a high of $1.05.

Telus is one of the few major telecom companies that has said it won’t pursue a strategy of buying up media properties to give it content for its online and mobile phone platforms.

The Vancouver company offers its Internet-Protocol television service in British Columbia, Alberta and eastern Quebec.

Telus has said it will launch an even faster wireless network with technology called Long-Term Evolution in early 2012.

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Video Link: http://youtu.be/f_kk7WJa7Uk

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