The Vancouver-based telecom said its health division’s revenue grew 26 per cent, or $26 million, to $127 million year over year in the second quarter, and added one million new virtual health-care members over the past 12 months. (The Logic)
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The Vancouver-based telecom said its health division’s revenue grew 26 per cent, or $26 million, to $127 million year over year in the second quarter, and added one million new virtual health-care members over the past 12 months. (The Logic)
Talking point: The health unit’s growth came partly from increased adoption of the company’s virtual-care solutions. The company also highlighted its agriculture division, which it said it expects will generate double-digit revenue growth and bring in annual revenue of about $400 million this year. Telus plans for both divisions to follow the path set by Telus International, which was spun out as a public company in February in a record-breaking initial public offering on the Toronto Stock Exchange. Telus International also reported its second-quarter earnings, again outpacing analysts’ expectations, according to Scotiabank.
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