George Cope

1
George Cope
President CEO TELUS Mobility
4th Quarter 2002 Review February 14, 2003
2
EBITDA growth
Outstanding Q4-02 EBITDA growth of 133 YoY
129M
55M
42M
Q4-01
Q4-02
Q4-00
Wireless EBITDA ()
3
Subscriber growth
131K net additions in Q4-02
Wireless Net Adds 2002 (000s)
4
2002 net additions of 418K flat with 2001 -
represents increased share of industry net
additions
Net Additions
2001
2002
TELUS Mobility 22
TELUS Mobility 30
Source Company analyst reports
5
Subscriber Mix
TELUS Mobility has industry leading postpaid mix
Prepaid 17
Postpaid 83
3.0M Subscribers
6
ARPU
Q4 ARPU flat YoY
56
56
Q4-02
Q4-01
Average Revenue Per Unit (/month)
7
ARPU
Industry leader with 20 premium to closest
competitor
Average Revenue Per Unit (/month) - 4Q02

• 1 Microcell, Rogers ARPU Q3-02
• Source Company reports

8
Churn
Q4 monthly churn rate improved 41 pts YoY
Monthly churn rate ()
9
Churn
North American industry leading monthly churn
rate in Q4-02
2.8
2.4
1.68
Canadian Average1
TELUS Mobility
U.S. Average
Monthly Churn () - 4Q-02
Source Company analyst reports 1 Microcell
churn is Q3-02
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Performance vs. Targets
2002 Results
Updated 2002 targets

• Revenue - approx 2B (? fr. 1.95-2.0B)
  2,017M (? 12)
• Net additions of approx.. 425K (? fr. 425-450K)
  418K (flat)
• Manage churn at lt 2.0 1.8 (? 24 pts)
• EBITDA 510M (? fr. 450-470M) 535M (? 50)
• Capex discipline 460M(? fr. 560M) 460M (?
  54)
• Introduce new data products and
  services 1X/SMS/
• Implement roaming/resale agreements complete

2002 results reflect consistent focus on
profitable subscriber growth