TELUS TV subscribers up 33% to 678,000 in 2012

VANCOUVER, B.C. — TELUS has reported fourth quarter 2012 results.

TV additions – both IP-based Optik TV and satellite TELUS TV – of 41,000 were lower by 15,000 than the same quarter last year, as lower gross additions were partly offset by a significant improvement in churn. The total TV subscriber base of 678,000 is up 33 per cent or 169,000 from a year ago.

TELUS TV subscribers (000s)

                   Fourth quarters                Years
                 ended December 31    ended December 31
               -------------------  -------------------
               2012  2011   Change  2012  2011   Change
               ----  ----  -------  ----  ----  -------
Net additions    41    56  (26.8)%   169   196  (13.8)%
Total                                678   509    33.2%

TELUS provides Optik TV and TELUS high-speed Internet services in British Columbia (B.C.), Alberta and Eastern Quebec, as well as TELUS Satellite TV in B.C. and Alberta.