The Globe and Mail reports in its Saturday edition that Telus posted higher fourth-quarter profit and revenue Friday after adding new wireless customers and benefiting from growth at its subsidiary Telus International. The Globe's Alexandra Posadzki writes that the Vancouver-based telco reported $310-million of profit in the three-month period ended Dec. 31, up 17 per cent from the same period a year earlier, when it had $265-million of profit. Its quarterly revenue came to $5.2-billion, up 2.8 per cent year-over-year from $5.06-billion. Telus released its quarterly results the day after BCE announced it was reducing its work force by 4,800 positions. Separately, Rogers Communications is also cutting positions. Telus trimmed its work force by 6,000 people last year amid what it characterized as a challenging macroeconomic, competitive and regulatory environment. Scotiabank analyst Maher Yaghi said Thursday that Telus's cost-cutting initiative in 2023 "is providing an upside push to earnings this year." He added in a research note, "We credit management for being pro-active on cost." Telus chief financial officer Doug French told The Globe that the company "saw the headwinds coming on pricing and competitiveness."