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Test Code : 644-344
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Vendor title : Cisco
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Cisco Cisco SP Video Phase

Managing provider issuer Megatrends | killexams.com actual Questions and Pass4sure dumps

The tempo of alternate is accelerating, with assorted trends converging to emphasize carrier providers’ community and IT infrastructure as they circulate against 2019.

The proper carrier provider infrastructure exigency to carry a heavier workload in the next few years. Globally, each client is expected to subsist carrying more than three related instruments by way of 2021.[1] in response to the Cisco VNI, mobile site visitors per person within the Asia Pacific zone could compass a exorbitant of 7,413 megabytes per month by means of 2021[2]. with the aid of the identical year, a solitary 5G connection might generate as an impoverished lot as 29,232 megabytes of site visitors per thirty days[3].

customers are tons greater demanding today, too. They now are expecting more desirable experiences for the capabilities they consume. outstanding reliability, safety and consumer carrier are sum standard. on the same time, they're always inclined to change suppliers the second they contemplate inventive presents.

Legacy structures own meant that service providers frequently consume up to two years to extend and installation recent functions[4]. This isn’t going to subsist quick enough for the stressful purchasers of today. consumers in the Philippines and China are already upgrading their smartphones each year[5]. service suppliers will should seriously change their IT infrastructures to deliver the high-quality of carrier as neatly because the additional services that recent devices demand.

the primary-mover abilities will subsist crucial. as an example, Ovum predicts that operators which present 5G capabilities/insurance first are recumbent to subsist capable of can suffuse extra and add more cost-added services[6]. It’ll even subsist key for provider suppliers to revolve into extra agile and cozy to assist consumers and groups into the long term.

The Cisco Open network architecture can back service suppliers withhold up with these adjustments. The service provider platform is designed to automate, simplify, virtualize, cozy and software community and IT infrastructure, conveniently addressing the necessities of serving consumers in a digital world.

The Open community architecture has helped many provider suppliers raise their agility and delight valued clientele. Telstra partnered with Cisco to deploy a unified, on-demand suite of cloud and managed network capabilities in keeping with Cisco’s advanced SDN and NFV options, as an instance. This enabled the Australian service provider to swiftly launch recent services and seriously change client experiences[7].

Working with Cisco has allowed Reliance Jio in India to create disruptive recent presents. The carrier issuer runs the area’s biggest automated all-IP network in partnership with Cisco, which helped to reduce the suffuse per gigabyte by 93 p.c. India is #1 in cell broadband consumption on the planet, with probably the most affordable customer experience because of this award-successful initiative[8].

Jio has also used Cisco multi-entry side computing to optimize and boost its cellular video experience with a content birth community.[9]

As alternate intensifies, carrier suppliers in ASEAN will deserve to digitally transform to compete in saturated markets with recent functions and superior customer adventure. The complete, many-sided Cisco Open community structure is designed to assist them dangle their own against the competition. choosing the birthright expertise platform not simplest helps provider suppliers to answer these days’s challenges with no trouble, but additionally addresses recent challenges well into the longer term.

[1] Announcement PDF, slide: Megatrends for service suppliers

[2] https://www.cisco.com/c/dam/assets/sol/sp/vni/forecast_highlights_mobile/index.html

[3] https://www.cisco.com/c/dam/belongings/sol/sp/vni/forecast_highlights_mobile/index.html

[4] https://www.cisco.com/c/en/us/options/provider-issuer/transformation-via-innovation.html#~stickynav=2

[5] https://gmo-analysis.com/news-events/reports/trends-asian-cell-market-2018-and-past

[6] 5G: Regional and global methods to a know-how Step change, Ovum, glide four

[7] https://www.cisco.com/c/en/us/solutions/carrier-issuer/transformation-via-innovation.html#~stickynav=5

[8] https://www.cisco.com/c/m/en_us/network-intelligence/service-company/digital-transformation/rjio-powering-world-greatest-ip-community.html and https://blogs.cisco.com/news/cisco-and-reliance-jio-recognized-as-surest-of-the-finest-at-mobile-world-congress

[9] https://newsroom.cisco.com/press-unencumber-content?class=webcontent&articleId=1913415


Cisco Drives the cell internet for greater Video journey across instant Networks | killexams.com actual Questions and Pass4sure dumps

BARCELONA, SPAIN--(Marketwire - 02/13/eleven) - From the 2011 GSMA cell World Congress, Cisco (NASDAQ:CSCO - information) these days announced Cisco® circulate, a strategic framework that contains recent solutions to permit service providers to better control, raise and consume fiscal potential of the sum of a sudden turning out to subsist extent of cellular video and records traffic.the brand recent Cisco movement (Monetization, Optimization, Videoscape adventure) options embrace Cisco cell Videoscape™, Cisco carrier provider Wi-Fi and Cisco Adaptive ingenious Routing (AIR). Cisco scurry options symbolize the subsequent section of Cisco's service issuer Mobility strategy, which permits provider suppliers to stronger monetize and optimize their networks, while supplying personalised mobile features across wired and wireless networks.the brand recent Cisco circulate options span the cellular community -- from customer to network to cloud -- and are designed to address the increasing extent of cell information site visitors -- particularly video. in response to the these days launched Cisco visible Networking Index (VNI) world cell statistics site visitors Forecast for 2010 to 2015, two-thirds of the area's cell statistics site visitors should subsist video via 2015. cellular video site visitors will greater than double every year between 2010 and 2015.statistics

  • ingenious applied sciences announced as Part of the Cisco stream framework include:
  • Cisco cell Videoscape, which permits cell operators to bring an more desirable mobile video experience to clients through recent expertise on the Cisco ASR 5000 and Cisco Unified Computing equipment™ structures. These platforms hyperlink the cellular network to the better video distribution community enabled by means of the Cisco content beginning network capabilities of Cisco Videoscape. The solution additionally makes employ of the capabilities of the recent Cisco Videoscape Media Suite to present effectual and inexpensive content material management throughout assorted displays.
  • Cisco carrier provider Wi-Fi solution is an conclusion-to-end, carrier-grade retort that permits service providers to effectively utilize Wi-Fi for cellular statistics offload. This ingenious solution with the Cisco next generation Hotspot know-how offers a platform with standardized seamless tremendously-comfy authentication enabling roaming and providing a bunch of recent capabilities and recent mobile experiences. The retort also elements the recent Cisco Aironet 1550 sequence outside instant access factor with Cisco CleanAir technology, and permits provider suppliers to deliver reasonably priced skill and highly-comfortable coverage in targeted areas reminiscent of outside carrying venues and transportation corridors while offloading cumbersome mobile site visitors loads.
  • Cisco Adaptive brilliant Routing (AIR), which lowers the cost of cellular facts site visitors through providing service intelligence during the network. Extending across the Cisco ASR one thousand, Cisco ASR 5000 and Cisco ASR 9000 systems, Cisco AIR distributes and shares network and customer intelligence largely to interact and discourse on individual site visitors kinds, and to optimize site visitors routing and handling for the most desirable carrier journey at the lowest can charge. Cisco AIR allows brilliant choices with the aid of the community of when and the location to direct site visitors.
  • Key advantages

  • For carrier suppliers, Cisco scurry options:
  • allows mobile operators to optimize the stream of mobile video site visitors, decreasing the linked radio access network (RAN) fees with the aid of up to 27 p.c, in accordance with a these days published white paper via ACG analysis titled, "Hyperconnectivity and the Video problem: Can Cisco's stream aid the mobile Operator?"
  • provides self-healing and self-optimizing for top reliability and exorbitant efficiency.
  • Offloads mobile, video and statistics site visitors onto a Wi-Fi network with the equal plane of service, enabling recent capabilities and revenue alternatives.
  • offers top-quality best and superior personalization and customization of the mobile video journey.
  • permits recent company fashions through network intelligence while reducing charges.
  • gives smooth migration path to IPv6-equipped infrastructures.
  • For consumers, Cisco circulation options:
  • deliver a better cell video journey optimized for better nice, more desirable reliability, and improved personalization and customization.
  • offer a far better Wi-Fi adventure with exorbitant performance and towering reliability, in addition to a personalized and personalized mobile event.
  • bring recent capabilities obtainable with recent plane of high-quality, efficiency and reliability.
  • assisting prices

  • Prashant Gokarn, head-3G enterprise, Reliance Communications, Ltd."as the main alternative operator in India, Reliance Communications prides itself on its potential to consistently reply to the wants of sum its customers by using providing the latest multimedia and video features, on each its wireline and instant networks, delivering the identical towering great, reliability, and adventure. Cisco's current solution is a key industry milestone for next-era mobile networks to enhance, installation and withhold advanced video capabilities efficiently and price-with ease."
  • Philippe Lucas, senior vp, standardisation and ecosystems development, Orange"we're committed to improving their consumer's experience on Wi-Fi. it really is why Orange is worried in the Cisco subsequent technology Hotspot initiative with other trade players to better seamless connectivity between 3G and Wi-Fi. They accept as actual with that a SIM-based authentication mannequin will deliver simplicity and more advantageous protection for customers, notably when roaming. They presently depend on Cisco's network capabilities to give Orange Wi-Fi access in public hotspots masking greater than 2,000 sites in France."
  • Ash Dahod, senior vice president and criterion supervisor, cellular web technology group, Cisco"move is the next Part of Cisco's carrier company Mobility approach, which changed into delivered eventually 12 months's cell World Congress after Cisco acquired Starent Networks. As cellular operators drudgery to manipulate and consume expertise of the mobile video tidal wave, they're increasingly hunting for monetization and optimization options with a purpose to stream their bottom line and extend their client journey. they are addressing this with their cellular Videoscape solution, Adaptive brilliant Routing and service company Wi-Fi answer. each of these options allows the mobile operator to bring better first-rate, diminish the suffuse and differentiate the video adventure."
  • Ray Smets, vice president and customary supervisor, instant Networking enterprise unit, Cisco"Cisco is extending the energy of Wi-Fi beyond the business with recent improvements that allow provider suppliers to optimize and monetize their networks. Cisco's next generation Hotspot vision elevates the reputation of Wi-Fi as a relied on radio community on a par with cellular radio entry networks, by means of enabling carrier suppliers to optimize their networks by offloading records site visitors to Wi-Fi, guaranteeing a sophisticated user experience with transparent authentication and roaming."
  • Embedded video clips

    helping components

    Tags/key words: Cisco, instant, mobility, service suppliers, cell information superhighway, mobile video, mobile Videoscape, Videoscape, Wi-Fi, Hotspot, Aironet, CleanAir, Adaptive ingenious Routing, AIR, ASR, UCS, Ash Dahod, Ray Smets, Reliance Communications, OrangeRSS Feed for Cisco: http://newsroom.cisco.com/dlls/rss.htmlCisco will panoply its recent solutions at 2011 GSMA cell World Congress in stand 8A70, Feb. 14-17. The Cisco solutions might subsist purchasable over the coming months and pricing might subsist announced upon availability. For extra information, tickle visit: www.cisco.com/go/cellular.About Cisco Cisco (NASDAQ:CSCO - information) is the international leader in networking that transforms how americans join, discourse and collaborate. information about Cisco can also subsist found at http://www.cisco.com. For ongoing information, tickle scurry to http://newsroom.cisco.com.Cisco and the Cisco logo are emblems or registered emblems of Cisco and/or its affiliates in the U.S. and other countries. a list of Cisco's trademarks can subsist discovered at www.cisco.com/go/trademarks. Third-birthday celebration trademarks mentioned are the property of their respective house owners. the employ of the subsist watchful companion does not imply a partnership relationship between Cisco and any other enterprise.Embedded Video AvailableEmbedded Video accessible: http://www2.marketwire.com/mw/frame_mw?attachid=1509208Embedded Video available: http://www2.marketwire.com/mw/frame_mw?attachid=1509224Embedded Video accessible: http://www2.marketwire.com/mw/frame_mw?attachid=1509225Embedded Video attainable: http://www2.marketwire.com/mw/frame_mw?attachid=1509226Embedded Video available: http://www2.marketwire.com/mw/frame_mw?attachid=1509222Embedded Video obtainable: http://www2.marketwire.com/mw/frame_mw?attachid=1509227Image attainable: http://www2.marketwire.com/mw/frame_mw?attachid=1509142Image attainable: http://www2.marketwire.com/mw/frame_mw?attachid=1509144Image accessible: http://www2.marketwire.com/mw/frame_mw?attachid=1509148Image accessible: http://www2.marketwire.com/mw/frame_mw?attachid=1509151Image obtainable: http://www2.marketwire.com/mw/frame_mw?attachid=1509154Image available: http://www2.marketwire.com/mw/frame_mw?attachid=1509133Image purchasable: http://www2.marketwire.com/mw/frame_mw?attachid=1509155


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    No sequel discovered, try recent keyword!(word: during Q2 2016, Cisco achieved the sale of the SP Video CPE company. due to this fact, FY 2016 includes handiest 4 months of product income from the SP Video CPE business. SP Video CPE company re...

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    644-344 exam Dumps Source : SP Video angle III Wireline

    Test Code : 644-344
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    CEO Geert Kersten Summarizes CEL-SCI's angle 3 Cancer Immunotherapy Progress in a recent Video Interview | killexams.com actual questions and Pass4sure dumps

    VIENNA, Va.--(BUSINESS WIRE)--CEL-SCI Corporation (NYSE MKT:CVM) announced today that a recent video interview with Geert Kersten, Chief Executive Officer, is available for viewing. This recent video summarizes CEL-SCI’s angle 3 head and neck cancer crucible progress and responds to questions about the ongoing $50 million plus arbitration that CEL-SCI brought against its former Clinical Research Organization (CRO). The arbitration hearing (“trial”) has been scheduled to start in spring of 2016.

    The interview was conducted at the Source Capital 2016 Disruptive Growth & Healthcare Conference with Stock tidings Now and is available to view at https://www.youtube.com/watch?v=lQ8DnD6Uz3E or on CEL-SCI’s website at www.cel-sci.com/investor_relations.html.

    This recent video is different from terminal week’s video in which Mr. Kersten was a guest on Fox Business’ ‘Making Money with Charles Payne’. The segment, which focused on finding a cure to cancer, aired on Wednesday, February 17 between 6:00 and 7:00 p.m. ET. To view the segment, tickle visit: http://video.foxbusiness.com/v/4761247378001/are-scientists-on-the-cusp-of-finding-a-cure-for-cancer/?#sp=show-clips

    About CEL-SCI Corporation

    CEL-SCI is a angle 3 immunotherapy company with platform technologies that can potentially treat a variety of cancers and viral diseases. They believe that one must activate the immune system BEFORE radiation and chemotherapy, and even before surgery, to achieve the best results in the greatest number of patients. CEL-SCI is conducting a angle 3 crucible in 24 countries of Multikine (Leukocyte Interleukin Injection) for the treatment of head and neck cancer, which accounts for about 6% of cancers globally and a $6 billion market. Almost 700 patients are already enrolled in this study. CEL-SCI is also testing Multikine with the U.S. Navy in HIV infected patients with HPV related diseases. CEL-SCI has evolution partnerships with Teva Pharmaceuticals, Orient EuroPharma of Taiwan, Ergomed and the NIH. The Company operates its own 75,000 sq. ft. manufacturing facility and produces Multikine for its clinical trials. When fully built out, this facility will own the capacity to supply about $3 billion worth of Multikine annually. CEL-SCI is also developing its pre-clinical L.E.A.P.S. (Ligand Epitope Antigen Presentation System) technology as a potential vaccine for the treatment of rheumatoid arthritis.

    The Company has operations in Vienna, Virginia, and in/near Baltimore, Maryland.


    TELUS reports strong results for third quarter 2018 | killexams.com actual questions and Pass4sure dumps

    Consolidated revenue and EBITDA growth of 11 per cent and 8.2 per cent, respectively and free cashflow growth of 41 per cent; excluding impacts of TELUS Garden and TELUS Friendly FutureFoundation, revenue and EBITDA up 5.8 per cent and 6.4 per cent, respectively

    Strong total customer growth of 187,000, including 199,000 recent wireless, Internet and TV customeradditions

    Total wireless net additions of 145,000, including 109,000 postpaid additions, combined withindustry-leading wireless postpaid churn of 0.87 per cent, reflecting customer service and networkexcellence; strongest wireless customer growth since Q3 2010

    Wireline customer additions of 42,000, with strong Internet and TV customer growth, driven byrecord Q3 customer loyalty and leading broadband network leadership

    Quarterly dividend increased to $0.545 per share, their sixteenth dividend extend since 2011;$1.2 billion returned to shareholders in 2018 through their dividend growth program

    2019 capital expenditures anticipated to subsist similar to 2018, at approximately $2.85 billion

    VANCOUVER, British Columbia, Nov. 08, 2018 (GLOBE NEWSWIRE) -- TELUS Corporation today released its unaudited results for the third quarter of 2018. For the quarter, consolidated operating revenue of $3.8 billion increased by 11 per cent over the same term a year ago. This growth was driven by higher wireless network and outfit revenues, wireline services revenue growth and higher Other operating income resulting from their participate of the non-recurring equity income related to actual estate joint ventures of $171 million arising from the sale of TELUS Garden. Excluding this equity income, consolidated operating revenue increased by 5.8 per cent.

    Earnings before interest, income taxes, depreciation and amortization (EBITDA) increased by 8.2 per cent to $1.3 billion due to higher revenue growth as referenced above and improved wireless outfit margins. This growth was partly offset by incremental employee benefits expense due to recent business acquisitions and increased costs to back their growing customer base. Adjusted EBITDA was up 6.4 per cent when excluding the net gain from the sale of TELUS Garden, as well as restructuring and other costs, which included their committed donation of $118 million to the TELUS Friendly Future Foundation.  

    “TELUS reported strong operational and fiscal results for the third quarter, including robust customer growth across both the wireless and wireline segments of their business. This was buttressed by a continued excellent performance in wireless and wireline customer loyalty and lifetime revenue,” said Darren Entwistle, President and CEO. “Importantly, the TELUS team continues to achieve industry-leading postpaid wireless churn, and realized record third quarter high-speed Internet and TV retention levels. This performance was driven by their team’s relentless focus on providing exceptional customer experiences, and was anchored by the ongoing generational investments they are making in their leading broadband wireline and wireless networks, both of which are hallmarks of TELUS’ successful, long-term growth strategy.”

    Mr. Entwistle added, “The efficacy of their broadband technology investments is reflected in TELUS, once again, being named as having the fastest mobile network in Canada by PCMag. This reiterate acknowledgement builds on their outstanding record of achievement with respect to network excellence, having already earned the top spot in sum major mobile network reporting this year, including Ookla, J.D. Power and OpenSignal. These leading network rankings, each received consecutively for two or more years, reinforce the consistent superiority of TELUS’ broadband networks available to citizens across the country.

    Mr. Entwistle further commented, “Our dividend extend announced today, on the back of their 41 per cent free cash current growth, reflects the sixteenth extend since 2011, and is the fourth in their most recent three-year dividend growth program, targeting annual growth between seven and 10 per cent through 2019. This builds on their proven track record of providing investors with the industry’s best multi-year dividend growth program, which continues to generate significant value for their shareholders. Notably, TELUS has now returned $16 billion to shareholders, including $10.8 billion in dividends, representing $27 per participate since 2004. They perceive forward to updating investors on the progression of this programme at their 2019 annual generic meeting.”

    Doug French, Executive Vice-president and CFO said, “For the third quarter of 2018, TELUS delivered positive operational and fiscal results, reflecting the energy of their multiple product and valued service offerings, their commitment to customer service excellence and their network superiority. Their strategic capital investments are clearly paying off, as evidenced by their strong subscriber and loyalty results, and position us to maintain their network leadership as they progressively scurry towards the arrival of 5G.”

    Mr. French added, “As they head into the seasonally distinguished final quarter of 2018, they remain focused on executing against their strategy, amplifying their efforts on cost efficiency, focusing on margin accretive customer growth and investing to back their growth strategy. Today they are raising their complete year 2018 assumption for restructuring and other costs, including an additional $50 million targeted towards further streamlining their business and enhancing their effectiveness in serving their growing customer base. This additional investment in restructuring, to subsist recorded in the fourth quarter of 2018, is expected to deliver annual cost savings of more than $50 million beginning next year. Meanwhile, their net debt to EBITDA leverage ratio continues to improve, putting us in tractable position for 2019.”

    In wireless, network revenue increased by 2.2 per cent to $1.5 billion, reflecting continued customer growth and a larger balance of customers selecting plans with larger data buckets or periodically topping up their data buckets. This was partly offset by declining chargeable data usage and the competitive environment putting pressure on rate procedure prices.

    In wireline, their data services revenue increased by 15 per cent to $1.2 billion, reflecting higher customer suffuse and business services (CCBS) contracting revenues due to growth in business volumes including recent business acquisitions and recovery of organic growth, increased Internet and enhanced data service revenues from higher revenue per customer and continued high-speed Internet subscriber growth, increased TELUS Health revenues driven by business acquisitions, revenues from their home and business security service offerings and increased TELUS TV revenues from subscriber growth.

    In the quarter, they attracted 199,000 recent wireless, high-speed Internet and TELUS TV customers, up 47,000 or 31 per cent over the same quarter a year ago. The higher net additions included 145,000 wireless net additions, including 109,000 postpaid net additions, as well as 36,000 high-speed Internet subscribers and 18,000 TELUS TV customers. Their total wireless subscriber ground of 9.2 million is up 3.7 per cent from a year ago, reflecting a 4.5 per cent extend in their postpaid subscriber ground to 8.2 million. Their high-speed Internet connections of 1.8 million are up 6.3 per cent over the terminal twelve months, while their TELUS TV subscriber ground stands at 1.1 million.

    For the quarter, net income of $447 million increased by 10 per cent over the same term a year ago as EBITDA growth was partly offset by higher depreciation and amortization due to growth in their asset ground resulting in Part from business acquisitions as well as increased financing costs. The higher financing costs also included a long-term debt prepayment premium of $34 million from the early redemption of their $1.0 billion 5.05 per cent string CG Notes due December 2019. Basic earnings per participate (EPS) of $0.74 rose by 8.8 per cent over the same term terminal year. Adjusted net income of $445 million increased by 6.7 per cent over the same term a year ago, while adjusted EPS of $0.74 rose by 5.7 per cent.

    CONSOLIDATED fiscal HIGHLIGHTS

    C$ millions,except per participate amounts              Three months ended               September 30 Per cent (unaudited) 2018 2017(1) change  Operating revenues(2) 3,774 3,404 10.9   Operating expenses before depreciation and amortization(3) 2,425 2,160 12.3   EBITDA(4) 1,349 1,244 8.2   Adjusted EBITDA(4)(5) 1,351 1,267 6.4   Net income 447 406 10.1   Adjusted net income(6) 445 417 6.7   Net income attributable to common shares 443 403 9.9   Basic EPS 0.74 0.68 8.8   Adjusted basic EPS(6) 0.74 0.70 5.7   Capital expenditures (excluding spectrum licences) 762 821 (7.2 ) Free cash flow(7) 303 215 40.9   Total subscriber connections(8) (thousands) 13,311 12,942 2.9           (1)     Our results for 2017 own been adjusted to reflect the retrospective application of IFRS 15 and IFRS 9, which were adopted January 1, 2018. (2)     Consolidated operating revenue for the third quarter of 2018 includes non-recurring equity income related to actual estate joint ventures of $171 million arising from the sale of TELUS Garden, of which 50 per cent was allocated to each of the wireless and wireline segments. Excluding the sequel of equity income related to actual estate joint ventures arising from the sale of TELUS Garden, Operating revenues increased by 5.8 per cent. (3)     Operating expenses before depreciation and amortization for the third quarter of 2018 includes a $118 million committed donation to the TELUS Friendly Future Foundation, of which 50 per cent was allocated to each of the wireless and wireline segments. Of the $118 million, an initial donation of $100 million was made in TELUS Common Shares, with the residuum committed over a 10-year period. Excluding the donation, Operating expenses before depreciation and amortization increased by 6.8 per cent. (4)     EBITDA is a non-GAAP measure and does not own any standardized signification prescribed by IFRS-IASB. They issue guidance on and report EBITDA because it is a key measure used to evaluate performance. For further definition and explanation of this measure, contemplate ‘Non-GAAP and other fiscal measures’ in this tidings release or Section 11.1 in the 2018 third quarter Management’s discussion and analysis. (5)     Adjusted EBITDA for the third quarters of 2018 and 2017 excludes restructuring and other costs of $173 million and $23 million respectively and non-recurring gains and equity income related to actual estate joint ventures. (6)     Adjusted net income and adjusted basic EPS are non-GAAP measures and enact not own any standardized signification prescribed by IFRS-IASB. These terms are defined in this tidings release as excluding from net income attributable to common shares and basic EPS (after income taxes), restructuring and other costs, non-recurring gains and equity income related to actual estate joint ventures, long-term debt prepayment premium, and favourable income tax-related adjustments. For further analysis of adjusted net income and adjusted basic EPS, contemplate ‘Non-GAAP and other fiscal measures’ in this tidings release or Section 1.3 in the 2018 third quarter Management’s discussion and analysis. (7)     Free cash current is a non-GAAP measure and does not own any standardized signification prescribed by IFRS-IASB. For further definition and explanation of this measure, contemplate ‘Non-GAAP and other fiscal measures’ in this tidings release or Section 11.1 in the 2018 third quarter Management’s discussion and analysis. (8)     The sum of energetic wireless subscribers, residential network access lines, high-speed Internet access subscribers and TELUS TV subscribers, measured at the halt of the respective periods based on information in billing and other systems. effectual April 1, 2017, postpaid subscribers, total subscribers and associated operating statistics (gross additions, net additions, mediocre billing per user per month (ABPU), mediocre revenue per subscriber unit per month (ARPU) and churn) were adjusted to embrace an estimated migration of 85,000 Manitoba Telecom Services Inc. (MTS) subscribers in the opening subscriber balances. Subsequent to this, on October 1, 2017, postpaid and total subscribers and associated operating statistics were adjusted to reduce estimated migrations of MTS subscribers down by 11,000 to 74,000. effectual April 1, 2018, and on a prospective basis, they own adjusted cumulative subscriber connections to remove approximately 68,000 TELUS TV subscribers as they own ceased marketing their Satellite TV product.

    Third Quarter 2018 Operating Highlights

    TELUS wireless

  • External wireless revenue increased by $169 million or 8.5 per cent driven by higher network and outfit revenues as well as higher Other operating income resulting from their participate of the non-recurring equity income arising from the sale of TELUS Garden. Excluding this non-recurring equity income, external wireless revenue was higher by 4.2 per cent
  • Wireless network revenues increased by $34 million or 2.2 per cent year-over-year to $1.5 billion. This growth was driven by continued subscriber growth and a larger balance of customers selecting plans with larger data buckets or periodically topping up their data buckets. These were partly offset by declining chargeable data usage and the competitive environment putting pressure on rate procedure prices.  
  • Wireless outfit and other service revenue increased by $50 million or 10.8 per cent mainly due to more higher-value smartphones in the crude additions and retention mix, partly offset by lower recent postpaid contracts.
  • Average billing per user per month (ABPU) of $68.64 was essentially unchanged over the same term terminal year, reflecting a decline in chargeable data usage and competitive pressures on ground rate procedure pricing, offsetting growth from customers selecting plans with larger data buckets and more higher-value smartphones in the crude additions and retention mix.
  • Postpaid churn rate of 0.87 per cent remained comparatively low as their focus on customers first initiatives, retention programs and leading network character was partly offset by incremental deactivations from competitive intensity. This marks the twentieth out of the past twenty-one quarters postpaid churn has been below 1 per cent.
  • Wireless postpaid net additions of 109,000 decreased by 6,000 over the same term a year ago due to competitive intensity. Prepaid net additions totaled 36,000, reflecting an improvement of 27,000 over the same term a year ago, due to successful promotions and lower churn.
  • EBITDA of $921 million increased by $79 million or 9.3 per cent, while Adjusted EBITDA of $912 million increased by $59 million or 6.8 per cent over terminal year, reflecting network revenue growth driven by a larger customer ground and an improvement in outfit margins, partly offset by higher administrative costs and increased customer back costs due to growth in the subscriber ground and increased network operating expenses. Excluding the effects of IFRS 15, Adjusted EBITDA of $866 million was higher by $53 million or 6.5 per cent.
  • Wireless capital expenditures decreased by $19 million or 8.0 per cent over the same term a year ago due to lower wireless infrastructure investments.       
  • TELUS wireline

  • External wireline revenues increased by $201 million or 14.1 per cent to $1.6 billion. This growth was driven by higher data services revenue growth and higher Other operating income resulting from their participate of the non-recurring equity income arising from the sale of TELUS Garden. Excluding this non-recurring equity income, external wireline revenue was higher by 8.1 per cent.
  • Data services revenues increased by $149 million or 14.6 per cent, reflecting higher CCBS contracting revenues due to growth in business volumes including from business acquisitions and recovery of organic growth, and increased Internet and enhanced data service revenues resulting from higher revenue per customer, as well as an extend in their high-speed Internet subscriber base. Additionally, increased TELUS Health revenues driven by growth from business acquisitions, revenues from their home and business security service offerings and increased TELUS TV revenues resulting from subscriber growth also supported data services revenue growth.
  • High-speed Internet net additions of 36,000 increased by 17,000 over the same quarter a year ago due to increased customer demand for their high-speed broadband services, including fibre to the premises, as well as improved churn reflecting their focus on executing customers first initiatives and retention programs.
  • TELUS TV net additions of 18,000 increased by 9,000 over the same quarter a year ago due to a lower customer churn rate from stronger retention efforts and higher crude additions from their diverse product offerings.
  • Residential network access line (NAL) losses of 12,000 improved by 8,000 over the same quarter a year ago, reflecting the success of their stronger retention efforts. Residential NAL losses continue to reflect the trend of substitution to wireless and Internet-based services. Over the terminal 12 months for the term ending September 30, 2018, they experienced a 4.0% decline in residential as compared to a 6.0% decline in residential NALs in the 12-month term ended September 30, 2017.
  • Wireline EBITDA of $428 million increased by $26 million or 6.1 per cent, while Adjusted EBITDA increased by $25 million or 5.7 per cent due to growth in Internet and TELUS Health margins, as well as an increased contribution from their CCBS contracting business. This was partly offset by the continued declines in legacy voice services. Excluding the effects of IFRS 15, Adjusted EBITDA of $429 million increased by 2.1 per cent.
  • Wireline capital expenditures decreased by $40 million or 6.8 per cent over the same term a year ago primarily due to lower expenditures related to customer premise equipment, as well as a planned reduction of broadband capital expenditures. They continued connecting additional homes and businesses directly to their fibre-optic technology and their investments back systems reliability and operational efficiency and effectiveness. At the halt of the third quarter of 2018, approximately 1.74 million premises, or 56 per cent of their high-speed broadband footprint of 3.1 million premises, are covered by their TELUS PureFibre network. This is up approximately 410,000 premises over the same term a year ago.       
  • TELUS sets prefatory 2019 capital expenditure targetCapital expenditures for 2019, excluding the purchase of spectrum licences, is estimated to subsist similar to their 2018 target of approximately $2.85 billion. In 2019, they will continue connecting more homes and businesses directly to their fibre-optic network, further expanding their PureFibre footprint, while continuing to advance their small-cell technology strategy to better coverage and prepare for a more efficient and timely evolution to 5G. Additionally, they procedure to continue investing in their back systems to drive ongoing operational effectiveness and efficiency in serving their growing customer base.

    Dividend Declaration – quarterly dividend increased to $0.545 per shareThe TELUS Board of Directors has declared a quarterly dividend of $0.545 per participate on the issued and outstanding Common Shares of the Company payable on January 2, 2019 to holders of record at the nigh of business on December 11, 2018. This fourth quarter dividend represents an extend of $0.04 or 7.9 per cent from the $0.505 quarterly dividend paid on January 2, 2018 and is the sixteenth dividend extend since TELUS announced its original multi-year dividend growth program in May 2011.

    Sale of TELUS Garden and donation to the TELUS Friendly Future FoundationIn August, the TELUS Garden actual estate joint venture sold the income producing property and the related net assets. The purchaser assumed the 3.7% mortgage and the 3.4% bonds secured by the income producing property. In the application of equity accounting, they recorded their participate of the non-recurring gain at $171 million. Concurrently, they committed to a donation to the TELUS Friendly Future Foundation of $118 million to assist ensure vulnerable youth thrive in their digital society through better access to health and educational opportunities. Of this $118 million, an initial donation of $100 million was made in the third quarter of 2018 in TELUS Corporation Common Shares acquired in the market, with the residuum committed over a 10-year period. The Foundation will give fiscal grants to grassroots charities across Canada that exigency assist in directly supporting underserved youth in their communities. Through these grants, the Foundation will back their Community Boards in connecting youth to the people and opportunities that matter most.

    Denise Pickett joins their Board of DirectorsEffective November 1, 2018, Denise Pickett joined their Board. Denise was named Chief Risk Officer and President, Global Risk, Banking and Compliance, American Express in February 2018. From 1992 to the present, Denise has held a string of progressively senior roles throughout American Express. She was Country Manager for American Express Canada and President and CEO of Amex Bank of Canada. Denise subsequently relocated to the United States where most recently she served as the President of American Express OPEN, the petite business division, followed by the President of U.S. Consumer Services. She was also a member of the board of directors of the Hudson’s Bay Company (2012 to 2018) and serves as Vice Chair on the board of directors of the United way of recent York City. Denise holds an MBA in marketing from the Schulich School of business at York University and earned her Honours BA in Human Biology and Physiology from the University of Toronto. She was named to Payment Source’s Most Influential Women in Payments in 2018.

    Corporate HighlightsTELUS makes significant contributions and investments in the communities where team members live, drudgery and serve and to the Canadian economy on behalf of customers, shareholders and team members. These include:       

  • Paying, collecting and remitting a total of approximately $1.4 billion in taxes in the first nine months of 2018 to federal, provincial and municipal governments in Canada consisting of corporate income taxes, sales taxes, property taxes, employer portion of payroll taxes and various regulatory fees. Since 2000, they own remitted approximately $24 billion in these taxes.
  • Disbursing spectrum renewal fees of over $50 million to Innovation, Science and Economic evolution Canada in the first nine months of 2018. Since 2000, their total tax and spectrum remittances to federal, provincial and municipal governments in Canada own totaled approximately $29 billion.
  • Investing approximately $2.2 billion in capital expenditures primarily in communities across Canada in the nine months of 2018 and approximately $37 billion since 2000.
  • Spending $6.1 billion in total operating expenses in the first nine months of 2018, including goods and service purchased of approximately $4.4 billion. Since 2000, they own spent $113 billion and $75 billion respectively in these areas.
  • Generating a total team member payroll of $2.0 billion in the first nine months of 2018, including payroll taxes of $111 million. Since 2000, total team member payroll totals $44 billion.
  • Returning $1.2 billion in dividends through four quarterly dividend payments in 2018 to individual shareholders, mutual fund owners, pensioners and institutional investors. Since 2004, they own returned approximately $16 billion to shareholders through their dividend and participate purchase programs, including $10.8 billion in dividends, representing $27 per share.       
  • Access to Quarterly results informationInterested investors, the media and others may review this quarterly earnings tidings release, management’s review of operations, quarterly results slides, audio and transcript of the investor webcast call, supplementary fiscal information at telus.com/investors.

    TELUS’ third quarter 2018 conference convene is scheduled for Thursday, November 8, 2018 at 9:30am ET (6:30am PT) and will feature a presentation followed by a question and retort term with investment analysts. Interested parties can access the webcast at telus.com/investors. An audio recording will subsist available on November 8 until December 15, 2018 at 1-855-201-2300. tickle employ reference number 1238355# and access code 77377#. An archive of the webcast will also subsist available at telus.com/investors and a transcript will subsist posted on the website within a few business days.

    Caution regarding forward-looking statementsThis tidings release contains forward-looking statements about expected events and the fiscal and operating performance of TELUS Corporation. The terms TELUS, we, us and their mention to TELUS Corporation and, where the context of the narrative permits or requires, its subsidiaries.

    Forward-looking statements embrace any statements that enact not mention to historical facts. They include, but are not limited to, statements relating to their objectives and their strategies to achieve those objectives, their outlook, updates, capital expenditure targets, and their multi-year dividend growth program. 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 aim, anticipate, believe, could, expect, intend, may, plan, predict, seek, should, strive and will.

    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. These assumptions may ultimately prove to own been inaccurate and, as a result, their actual results or events may vary materially from their expectations expressed in or implied by the forward-looking statements.

    Our generic outlook and assumptions for 2018 are presented in Section 9 generic trends, outlook and assumptions in the Management’s discussion and analysis (MD&A) in their 2017 Annual Report and updated in Section 9 Update to generic trends, outlook and assumptions and regulatory developments and proceedings in their MD&A for the third quarter of 2018. Their key assumptions for 2018 embrace the following:

  • Slightly slower rate of economic growth in Canada in 2018, estimated to subsist 2.1% as updated in their first quarter 2018 MD&A (previously 2.2% as reported in their 2017 annual MD&A; 3.1% in 2017). For their incumbent local exchange carrier (ILEC) provinces in Western Canada, they appraise that economic growth in B.C. will subsist 2.2% in 2018 (previously 2.5% as reported in their 2017 annual MD&A; 3.4% in 2017), and that economic growth in Alberta will subsist 2.2% in 2018 (previously 2.4% as reported in their 2017 annual MD&A; 3.9% in 2017).
  • No material adverse regulatory rulings or government actions.
  • Continued fierce wireless and wireline competition in both consumer and business markets.
  • An extend in wireless industry penetration of the Canadian market.
  • Ongoing subscriber adoption of, and upgrades to, data-intensive smartphones, as customers want more mobile connectivity to the Internet.
  • Wireless revenue growth resulting from growth in both postpaid subscriber loading and ABPU.
  • Continued pressure on wireless acquisition and retention expenses, conditional on crude loading and customer renewal volumes, competitive intensity and customer preferences.
  • Continued growth in wireline data revenue, resulting from an extend in high-speed Internet and TELUS TV subscribers, quicken upgrades and expanding broadband infrastructure, as well as business outsourcing and healthcare solutions.
  • Continued erosion of wireline voice revenue, resulting from technological substitution and greater employ of inclusive long distance and lower wholesale volumes.
  • Continued focus on their customers first initiatives and maintaining their customers’ likelihood-to-recommend scores.
  • Employee defined benefit pension plans: Pension procedure expense of approximately $97 million recorded in Employee benefits expense and approximately $14 million recorded in employee defined benefit pension plans net interest in Financing costs; a 3.40% rate for discounting the duty and a 3.50% rate for current service costs for employee defined benefit pension procedure accounting purposes; and defined benefit pension procedure funding of approximately $50 million.
  • Restructuring and other costs has been revised to approximately $300 million from approximately $135 million as reported in their 2017 annual MD&A. This was revised to account for the committed donation of $118 million to the TELUS Friendly Future Foundation and to back ongoing and incremental operational efficiencies and personnel-related costs. They continually invest in operational efficiency initiatives, similar to their continuous investment in their products, services and technology, while continuing to drive to a more efficient cost structure. The extend in their 2018 restructuring and other costs suffuse will better their overall cost structure, better operational effectiveness and continue to position us to effectively compete in their dynamic industry and back growth in their core strategic priorities.
  • Income taxes computed at applicable statutory rate of 26.7 to 27.3% and cash income tax payments of approximately $170 to $230 million (2017 – $191 million). Cash tax payments are expected to subsist relatively consistent with 2017.
  • Further investments in broadband infrastructure as they approach nearly 50% of their targeted coverage footprint, including expanding their fibre-optic network and 4G LTE capacity expansion and upgrades, as well as investments in network and systems resiliency and reliability.
  • No wireless spectrum auctions anticipated in 2018.
  • Stabilization in the mediocre Canadian dollar: U.S. dollar exchange rate (U.S. 77 cents in 2017).
  • Risks and uncertainties that could antecedent actual performance or events to vary materially from the forward-looking statements made herein and in other TELUS filings include, but are not limited to, the following:

  • Competition including: their ability to continue to retain customers through an enhanced customer service experience, including through the deployment and operation of evolving wireless and wireline network; the ability of industry competitors to successfully combine a coalesce of high-speed Internet access (HSIA) and, in some cases, wireless services under one bundled and/or discounted monthly rate, along with their existing broadcast or satellite-based TV services; the success of recent products, recent services and supporting systems, such as home automation security, and Internet of Things (IoT) services for Internet-connected devices; continued fierce rivalry across sum services among wireless and wireline telecommunications companies, cable-TV providers, other communications companies and over-the-top (OTT) services, which, among other things, places pressures on current and future mediocre billing per subscriber unit per month (ABPU) (as described in Section 5 Discussion of operations), mediocre revenue per subscriber unit per month (ARPU), cost of acquisition, cost of retention and churn rate for sum services, as enact customer usage patterns, flat-rate pricing trends for voice and data, inclusive rate plans for voice and data and availability of Wi-Fi networks for data; mergers and acquisitions of industry competitors; pressures on high-speed Internet and TV ARPU and churn rate resulting from market conditions, government actions and customer usage patterns; residential and business network access line (NAL) losses; subscriber additions and retention volumes, and associated costs for wireless, TV and high-speed Internet services; their ability to obtain and present content on a timely basis across multiple devices on wireless and TV platforms at a reasonable cost; their ability to compete successfully in customer suffuse and business services (CCBS) contracting given their competitors’ brand recognition, consolidation and strategic alliances as well as technology evolution and their ongoing ability to provide a service experience that meets or exceeds customer expectations and, in their TELUS Health business, their ability to compete with other providers of electronic medical records and pharmacy management products, systems integrators and health service providers including those that own a vertically integrated coalesce of health services delivery, IT solutions, and related services, and global providers that could achieve expanded Canadian footprints. 
  • Technological substitution including: reduced utilization and increased commoditization of traditional wireline voice local and long distance services from impacts of OTT applications and wireless substitution, a declining overall market for paid TV services, including as a result of content piracy and signal theft and as a result of a soar in OTT direct to consumer video offerings and virtual multichannel video programming distribution platforms; the increasing number of households that own only wireless and/or Internet-based telephone services; potential wireless ABPU and ARPU declines as a result of, among other factors, substitution to messaging and OTT applications; substitution to increasingly available Wi-Fi services; and disruptive technologies such as OTT IP services, including Network as a Service in the business market, that may displace or re-rate their existing data services. 
  • Technology including: subscriber demand for data that may challenge network and spectrum capacity levels in the future and may subsist accompanied by increases in delivery cost; their reliance on information technology and their exigency to streamline their legacy systems; technology options, evolution paths and roll-out plans for video distribution platforms and telecommunications network technologies (including broadband initiatives, such as fibre to the premises (FTTP), wireless small-cell deployment, 5G wireless and availability of resources and ability to build out adequate broadband capacity); their reliance on wireless network access agreements, which own facilitated their deployment of wireless technologies; choice of suppliers and those suppliers’ ability to maintain and service their product lines, which could strike the success of upgrades to, and evolution of, technology that they offer; supplier limitations and concentration and market power for network equipment, TELUS TV® and wireless handsets; the performance of wireless technology; their expected long-term exigency to acquire additional spectrum capacity through future spectrum auctions and from third parties to address increasing demand for data; deployment and operation of recent wireline broadband network technologies at a reasonable cost and availability and success of recent products and services to subsist rolled out using such network technologies; network reliability and change management; self-learning tools and automation that may change the way they interact with customers; and uncertainties around their strategy to supersede sure legacy wireline network technologies, systems and services to reduce operating costs. 
  • Regulatory decisions and developments including the potential of government intervention to further extend wireless competition; the potential for regulatory intervention further to the CRTC’s ongoing proceeding with respect to lower-cost data-only plans; future spectrum auctions and spectrum policy determinations, including the amount of spectrum TELUS is able to acquire and its cost under the Technical, Policy and Licensing Framework for Spectrum in the 600 MHz Band, as well as cost and availability of spectrum in the 3500 MHz and mmWave bands; restrictions on the purchase, sale and transfer of spectrum licences; Innovation, Science and Economic evolution Canada (ISED’s) consideration to renew TELUS’ AWS-1 and PCS-G spectrum licences that are set to expire in late 2018 and early 2019; the repercussion of the CRTC’s wireline wholesale services review, with a review of rates and configurations for wholesale access currently in progress for TELUS; changes to the cost crucible associated with CRTC-mandated network interconnections; disputes with sure municipalities regarding rights-of-way bylaws, and other potential threats to unitary federal regulatory authority over telecommunications, including provincial wireless and consumer protection legislation; the Competition Bureau’s market study on competition in broadband services; the CRTC’s forthcoming report on the retail practices of Canada’s big telecommunications carriers, as directed by the Governor in Council; the CRTC’s phase-out of the local service subsidy regime and corresponding establishment of a broadband funding regime to back the enhancement of high-speed Internet services focusing on underserved areas in Canada; the CRTC’s review of the charge cap and local forbearance regimes; the CRTC’s implementation of recent initiatives discussed in its May 2018 report “Harnessing Change: The Future of Programming Distribution in Canada”; perpendicular integration in the broadcasting industry resulting in competitors owning broadcast content services, and timely and effectual enforcement of related regulatory safeguards; the review of the Copyright Act, which began in early 2018; the federal government’s review of the Broadcasting Act, Telecommunications Act and Radiocommunication Act as announced on June 5, 2018; the pending ratification and implementation of the United States Mexico Canada Agreement; restrictions on non-Canadian ownership and control of TELUS Common Shares and the ongoing monitoring and compliance with such restrictions; and their ability to comply with complex and changing regulation of the healthcare and medical devices industry in the provinces of Canada in which they operate, including as an operator of health clinics. 
  • Capital expenditure levels and potential outlays for spectrum licences in spectrum auctions or from third parties, due to: their broadband initiatives, including connecting more homes and businesses directly to fibre; their ongoing deployment of newer wireless technologies, including wireless petite cells to better coverage and capacity and prepare for a more efficient and timely evolution to 5G wireless services; utilizing acquired spectrum; investments in network resiliency and reliability; subscriber demand for data; evolving systems and business processes; implementing efficiency initiatives; supporting big complex deals; and future wireless spectrum auctions held by ISED including the 600 MHz spectrum auction scheduled to consume location in March 2019 which will result in increased expenditures. Their capital expenditure levels could subsist impacted if they enact not achieve their targeted operational and fiscal results. 
  • Human resource matters including: recruitment, retention and preempt training in a highly competitive industry, and the plane of employee engagement. 
  • Operational performance and business combination risks including: their reliance on legacy systems and ability to implement and back recent products and services and business operations in a timely manner; their ability to implement effectual change management for system replacements and upgrades, process redesigns and business integrations (such as their ability to successfully integrate acquisitions, complete divestitures or establish partnerships in a timely manner, and realize expected strategic benefits, including those following compliance with any regulatory orders); their ability to identify and manage recent risks inherent to recent service offerings that they may provide, including as a result of acquisitions, which could result in damage to their brand, their business in the material zone or as a whole, additional exposure to litigation or regulatory proceedings; the implementation of complex big enterprise deals that may subsist adversely impacted by available resources; system limitations and degree of co-operation from other service providers; their ability to successfully manage operations in foreign jurisdictions, including managing risks such as currency fluctuations; and actual estate joint venture re-development risks. 
  • Business continuity events including: their ability to maintain customer service and operate their networks in the event of human oversight or human-caused threats, such as cyberattacks and outfit failures that could antecedent various degrees of network outages; supply chain disruptions, delays and economics including as a result of government restrictions or trade actions; natural cataclysm threats; epidemics; pandemics; political instability in sure international locations; information security and privacy breaches, including data loss or theft of data; intentional threats to their infrastructure and business operations; and the completeness and effectiveness of business continuity and cataclysm recovery plans and responses. 
  • Ability to successfully implement cost reduction initiatives and realize planned savings, net of restructuring and other costs, without losing customer service focus or negatively affecting business operations. Examples of these initiatives are: their operating efficiency and effectiveness program to drive improvements in fiscal results, including the future benefits of the 2016 immediately vesting transformative compensation initiative; business integrations; business product simplification; business process outsourcing; offshoring and reorganizations, including any full-time equivalent (FTE) employee reduction programs; procurement initiatives; and actual estate rationalization. Additional revenue and cost efficiency and effectiveness initiatives will continue to subsist assessed and implemented. 
  • Financing and debt requirements including: their ability to carry out financing activities, and their ability to maintain investment grade credit ratings in the range of BBB+ or the equivalent. 
  • Ability to sustain their dividend growth program through 2019. This program may subsist affected by factors such as the competitive environment, economic performance in Canada, their earnings and free cash flow, their levels of capital expenditures and spectrum licence purchases, acquisitions, the management of their capital structure, and regulatory decisions and developments. Quarterly dividend decisions are subject to assessment and determination by their Board of Directors (Board) based on the Company’s fiscal position and outlook. Shares may subsist purchased under their proper course issuer bid (NCIB) when and if they deem it opportunistic, based on the Company’s fiscal position and outlook, and the market charge of TELUS shares. There can subsist no assurance that their dividend growth program or any NCIB will subsist maintained, not changed and/or completed through 2019. 
  • Taxation matters including: interpretation of complex domestic and foreign tax laws by the tax authorities that may vary from their interpretations; the timing and character of income and deductions, such as tax depreciation and operating expenses; tax credits or other attributes; changes in tax laws, including tax rates; tax expenses being materially different than anticipated, including the taxability of income and deductibility of tax attributes; elimination of income tax deferrals through the employ of different tax year-ends for operating partnerships and corporate partners; and changes to the interpretation of tax laws, including as a result of changes to applicable accounting standards or tax authorities adopting more aggressive auditing practices, tax reassessments or adverse court decisions impacting the tax payable by us. 
  • Litigation and legal matters including: their ability to successfully respond to investigations and regulatory proceedings; their ability to preserve against existing and potential claims and lawsuits, including intellectual property infringement claims and class actions based on consumer claims, data, privacy or security breaches and secondary market liability; and the complexity of legal compliance in domestic and foreign jurisdictions, including compliance with competition, anti-bribery and foreign debase practices laws. 
  • Health, safety and the environment including: lost employee drudgery time resulting from illness or injury, public concerns related to radio frequency emissions, environmental issues affecting their business including climate change, fritter and fritter recycling, risks relating to fuel systems on their properties, and changing government and public expectations regarding environmental matters and their responses. 
  • Economic growth and fluctuations including: the state of the economy in Canada, which may subsist influenced by economic and other developments outside of Canada, including potential outcomes of yet unknown policies and actions of foreign governments; future interest rates; inflation; unemployment levels; effects of fluctuating oil prices; effects of low business spending (such as reducing investments and cost structure); pension investment returns, funding and discount rates; and Canadian dollar: U.S. dollar exchange rates.
  • These risks are described in additional detail in Section 9 generic trends, outlook and assumptions, and regulatory developments and proceedings and Section 10 Risks and risk management in their 2017 annual MD&A. Those descriptions are incorporated by reference in this cautionary statement but are not intended to subsist a complete list of the risks that could strike TELUS.

    Many of these factors are beyond their control or their current expectations or knowledge. Additional risks and uncertainties not currently known to us or that they currently deem to subsist incorporeal may also own a material adverse sequel on their fiscal position, fiscal performance, cash flows, business or reputation. Except as otherwise indicated in this document, the forward-looking statements made herein enact not reflect the potential repercussion of any non-recurring or special items or any mergers, acquisitions, dispositions or other business combinations or transactions that may subsist announced or that may occur after the date of this document.

    Readers are cautioned not to location undue reliance on forward-looking statements. Forward-looking statements in this document report their expectations and are based on their assumptions as at the date of this document and are subject to change after this date. Except as required by law, they disclaim any purpose or duty to update or revise any forward-looking statements. The forward-looking statements in this tidings release are presented for the purpose of assisting their investors and others in understanding sure key elements of their expected 2018 and 2019 fiscal results as well as their objectives, strategic priorities and business outlook. Such information may not subsist preempt for other purposes.

    This cautionary statement qualifies sum of the forward-looking statements in this document.

    Non-GAAP and other fiscal measuresWe own issued guidance on and report sure non-GAAP measures that are used to evaluate the performance of TELUS, as well as to determine compliance with debt covenants and to manage their capital structure. As non-GAAP measures generally enact not own a standardized meaning, they may not subsist comparable to similar measures presented by other issuers. Securities regulations require such measures to subsist clearly defined, qualified and reconciled with their nearest GAAP measure.

    Adjusted Net income and adjusted basic earnings per share: These measures are used to evaluate performance at a consolidated plane and exclude items that may obscure the underlying trends in business performance. These measures should not subsist considered alternatives to Net income and basic earnings per participate in measuring TELUS’ performance. Items that may, in management’s view, obscure the underlying trends in business performance embrace significant gains or losses associated with actual estate redevelopment partnerships, gains on the exchange of wireless spectrum licences, restructuring and other costs, long-term debt prepayment premiums (when applicable), income tax-related adjustments and asset retirements related to restructuring activities.

    Reconciliation of adjusted Net income

    C$ and in millions       Three months ended      September 30   Dollar     2018   2017   change    Net income attributable to Common Shares 443   403   40   Add back (deduct):       Restructuring and other costs, after income taxes1 130   16   114   Favourable income tax-related adjustments (3 ) (2 ) (1 ) Non-recurring gains and equity income related to actual estate joint ventures, after income taxes2 (150 ) —   (150 ) Long-term debt prepayment premium, after income taxes 25   —   25   Adjusted Net income 445   417   28  

           

  • Includes their third quarter of 2018 donation to the TELUS Friendly Future Foundation of $90 million after income taxes.
  • Includes equity income arising from the third quarter of 2018 sale of TELUS Garden of $150 million after income taxes.
  • Reconciliation of adjusted basic EPS

    C$, per participate amounts       Three months ended     September 30   Dollar     2018   2017   change   Basic EPS 0.74   0.68   0.06   Add back (deduct):       Restructuring and other costs, after income taxes, per share1 0.22   0.03   0.19   Favourable income tax-related adjustments, per share (0.01 ) (0.01 ) —   Non-recurring gains and equity income related to actual estate joint ventures, after income taxes, per share2 (0.25 ) —   (0.25 ) Long-term debt prepayment premium, after income taxes, per share 0.04   —   0.04   Adjusted basic EPS 0.74   0.70   0.04  
  • Includes their third quarter of 2018 donation to the TELUS Friendly Future Foundation of $0.15 per participate after income taxes.
  • Includes equity income arising from the third quarter of 2018 sale of TELUS Garden of $0.25 per participate after income taxes.
  • EBITDA (earnings before interest, income taxes, depreciation and amortization): They own issued guidance on and report EBITDA because it is a key measure used to evaluate performance at a consolidated level. EBITDA is commonly reported and widely used by investors and lending institutions as an indicator of a company’s operating performance and ability to incur and service debt, and as a valuation metric. EBITDA should not subsist considered an alternative to Net income in measuring TELUS’ performance, nor should it subsist used as an exclusive measure of cash flow. EBITDA as calculated by TELUS is equivalent to Operating revenues less the total of Goods and services purchased expense and Employee benefits expense.

    We also motif Adjusted EBITDA to exclude items of an unusual nature that enact not reflect their ongoing operations and should not, in their opinion, subsist considered in a valuation metric, or should not subsist included in an assessment of their ability to service or incur debt.

    Reconciliation of Adjusted EBITDA

    C$ and in millions     Three months ended    September 30   2018   2017 Net income 447   406 Financing costs 196   149 Income taxes 134   142 Depreciation 419   410 Amortization of intangible assets 153   137 EBITDA 1,349   1,244 Add back restructuring and other costs included in EBITDA 173   23 Deduct gains and equity income related to actual estate joint ventures (171 ) — Adjusted EBITDA 1,351   1,267

    Free cash flow: They report this measure as a supplementary indicator of their operating performance. It should not subsist considered an alternative to the measures in the Consolidated statements of cash flows. Free cash current excludes sure working capital changes (such as trade receivables and trade payables), proceeds from divested assets and other sources and uses of cash, as found in the Consolidated statements of cash flows. It provides an indication of how much cash generated by operations is available after capital expenditures (excluding purchases of spectrum licences) that may subsist used to, among other things, pay dividends, repay debt, purchase shares or develop other investments. Free cash current may subsist supplemented from time to time by proceeds from divested assets or financing activities.

    Calculation of free cash flow

    C$ and in millions          Three months ended         September 30     2018   2017    EBITDA 1,349   1,244    Deduct non-cash gains from the sale of property, plant and equipment (3 ) (2 )  Restructuring and other costs, net of disbursements 42   (19 )  Deduct non-recurring gains and equity income related to actual estate joint ventures (171 ) —    Donation to TELUS Friendly Future Foundation in TELUS Common Shares 100      Effects of constrict asset, acquisition and fulfilment (56 ) (47 )  Items from the condensed interim consolidated statements of cash flows:     Share-based compensation, net 34   22   Net employee defined benefit plans expense 24   20   Employer contributions to employee defined benefit plans (9 ) (17 ) Interest paid (198 ) (146 ) Interest received 2   1    Capital expenditures (excluding spectrum licences) (762 ) (821 )  Free cash current before income taxes 352   235    Income taxes paid, net of refunds (49 ) (20 )  Free cash flow 303   215  

    Our manner of calculating Free cash current has been revised to reflect the discretionary nature of the donation to the TELUS Friendly Future Foundation that fundamentally transformed their operating model in respect of philanthropic giving.

    About TELUSTELUS (TSX: T, NYSE: TU) is one of Canada’s largest telecommunications companies, with $14.1 billion of annual revenue and 13.3 million subscriber connections, including 9.2 million wireless subscribers, 1.8 million high-speed Internet subscribers, 1.3 million residential network access lines and 1.1 million TELUS TV customers. TELUS provides a wide range of communications products and services, including wireless, data, Internet protocol (IP), voice, television, entertainment, video and home and business security. TELUS is also Canada's largest healthcare IT provider, and TELUS International delivers business process solutions around the globe.

    In back of their philosophy to give where they live, TELUS, their team members and retirees own contributed over $650 million to charitable and not-for-profit organizations and volunteered more than 1.21 million days of service to local communities since 2000. Created in 2005 by President and CEO Darren Entwistle, TELUS’ 13 Canadian community boards and five International boards own led the Company’s back of grassroots charities and own contributed $72 million in back of 7,000 local charitable projects, enriching the lives of more than 2 million children and youth, annually. TELUS was honoured to subsist named the most outstanding philanthropic corporation globally for 2010 by the Association of Fundraising Professionals, becoming the first Canadian company to receive this prestigious international recognition.

    For more information about TELUS, tickle visit telus.com.



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    VCE [6 Certification Exam(s) ]
    Veeam [2 Certification Exam(s) ]
    Veritas [33 Certification Exam(s) ]
    Vmware [58 Certification Exam(s) ]
    Wonderlic [2 Certification Exam(s) ]
    Worldatwork [2 Certification Exam(s) ]
    XML-Master [3 Certification Exam(s) ]
    Zend [6 Certification Exam(s) ]





    References :


    Dropmark : http://killexams.com/demo-download/644-344.pdf
    Dropmark-Text : http://killexams.dropmark.com/367904/12914629
    Blogspot : http://killexamsbraindump.blogspot.com/2018/01/kill-your-644-344-exam-at-first-attempt.html
    Wordpress : https://wp.me/p7SJ6L-2tq
    Box.net : https://app.box.com/s/edkfib9jhdi4yjfy7yzfytn3nw46xm13






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