May 5, 2010 / 6:37 PM / in 8 years

Telus has potential for 10-pct plus EPS growth-CEO

VANCOUVER, May 5 (Reuters) - Telus Corp (T.TO) has the ability to post annual earnings growth in excess of 10 percent over the next three years, and even stronger free cash, the Canadian telecoms company’s chief executive said on Wednesday.

“I am confident that over the next three years, your company has the potential to generate double-digit annualized growth in earnings per share and even greater free cash flow growth, excluding any one-time items like spectrum purchases,” CEO Darren Entwistle told shareholders at the company’s annual meeting. (Reporting by Nicole Mordant; editing by Peter Galloway)

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