India, Aug. 1 -- Telecom company TELUS Corp. (TU,T.TO) announced Friday that net income attributable to common shares for the second quarter plunged to C$7 million or C$0.00 per share from C$228 million or C$0.15 per share in the prior-year quarter,
Excluding items, adjusted earnings for the quarter was C$0.22 per share, compared to C$0.25 per share in the year ago quarter.
Consolidated operating revenues and other income increased 2 percent to C$5.08 billion from C$4.97 billion in the same quarter last year.
On average, analysts polled expected the company to report earnings of C$0.24 per share on revenues of C$5.03 billion for the quarter. Analysts' estimates typically exclude special items.
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