Telus Tops Research Study

Canada's Telus Mobility says that it has earned top spot in a ranking of North America's wireless carriers by N. Moore Capital, Ltd., an independent New York company providing financial analysis of the telecommunications industry. It's the third consecutive quarter Telus Mobility has ranked first.

"We are very pleased that Telus Mobility continues to be recognized for its success not just in Canada but on the North American stage. The honour is a testament to the focus and hard work of our national team," said George Cope, Telus Mobility's president and CEO.

"Telus Mobility's exceptionally strong operating earnings, revenue, minutes of use and revenue per subscriber, coupled with a churn rate among the lowest in the global wireless sector, place us at the forefront of our industry. Our strict focus on profitable growth has proved to be a winning formula."

N. Moore Capital's report analyzed the third-quarter 2004 performance of the 22 major wireless carriers in North America based on five main metrics: Subscriber growth, average revenue per subscriber, churn, free cash flow per subscriber and cost of acquisition.

"Telus Mobility has increased its lead as the best-performing wireless operator in North America by the widest margin ever - a solid nine points ahead of the next closest competitor," said Jeffery Hines, president of N. Moore Capital, in the firm's latest report. "The dominance Telus Mobility showed this quarter was in part due to its exceptional client satisfaction rate. The company's churn was just 1.34%, half the industry-wide median blended churn rate of 2.6%."

    3Q04 North American Wireless Services Update    N. Moore Capital, Ltd.    -------------------------------------------------------------------------    3Q04                              Sub                        PiFCF/    Rankings                        Growth   COA   ARPU   Churn   Sub  Total    -------------------------------------------------------------------------    TELUS Mobility                      2      6     14      1      3     26    -------------------------------------------------------------------------    Verizon Wireless                    1      9     11      4     10     35    -------------------------------------------------------------------------    Nextel                              9     22      1      4      1     37    -------------------------------------------------------------------------    Nextel Partners                    13     17      2      2      4     38    -------------------------------------------------------------------------    Bell Mobility                       3      7     20      2      8     40    -------------------------------------------------------------------------    Alamosa PCS                         4     18      7      9      5     43    -------------------------------------------------------------------------    Western Wireless                   11     13     12      9      2     47    -------------------------------------------------------------------------    AirGate PCS                        15     15      4     12      6     52    -------------------------------------------------------------------------    Rogers Wireless                     7     11     17      7     13     55    -------------------------------------------------------------------------    Sprint PCS                         12     12      3     13     16     56    -------------------------------------------------------------------------    Cingular                           10      4     13     14     17     58    -------------------------------------------------------------------------    Alltel                             17     14     16      8      7     62    -------------------------------------------------------------------------    T-Mobile (USA)                      6     10      9     17     21     63    -------------------------------------------------------------------------    US Unwired                         18      8     10     19      9     64    -------------------------------------------------------------------------    US Cellular                         5     21     15      6     18     65    -------------------------------------------------------------------------    AT&T Wireless                      19      5      5     20     19     68    -------------------------------------------------------------------------    Ubiquitel                          14     19      6     16     14     69    -------------------------------------------------------------------------    Microcell                           8      3     22     14     22     69    -------------------------------------------------------------------------    Leap Wireless                      21      1     21     21     11     75    -------------------------------------------------------------------------    Dobson                             20     16     18     11     12     77    -------------------------------------------------------------------------    MetroPCS                           16      2     19     22     20     79    -------------------------------------------------------------------------    Triton PCS                         22     20      8     18     15     83    -------------------------------------------------------------------------    -  COA: Cost of acquisition per subscriber.    -  ARPU: Average revenue per unit/subscriber per month.    -  piFCF per subscriber: Pre-interest expense free-cash-flow per       subscriber per month.

"

Posted to the site on 8th December 2004