Aug 3 (Reuters) - Telus Corp T.TO :
* TELUS REPORTS STRONG RESULTS FOR SECOND QUARTER 2018
* Q2 REVENUE C$3.5 BILLION VERSUS I/B/E/S VIEW C$3.45 BILLION
* QTRLY ADJUSTED BASIC EPS C$0.70
* QTRLY MONTHLY POSTPAID SUBSCRIBER CHURN WAS 0.83 PER CENT AS COMPARED TO 0.79 PER CENT A YEAR AGO
* QTRLY BASIC EPS C$0.66
* QTRLY WIRELINE HIGH-SPEED INTERNET NET ADDITIONS OF 29,000 INCREASED BY 12,000 OVER SAME QUARTER A YEAR AGO
* DURING Q3 EXPECT TO RECORD OUR SHARE OF GAIN FROM SALE OF TELUS GARDEN, WHICH IS ESTIMATED AT ABOUT $170 MILLION
* KEY ASSUMPTIONS FOR 2018 INCLUDE CONTINUED INTENSE WIRELESS AND WIRELINE COMPETITION IN BOTH CONSUMER AND BUSINESS MARKETS
* NO WIRELESS SPECTRUM AUCTIONS ANTICIPATED IN 2018
* CAPITAL EXPENDITURES REMAIN ON TRACK WITH OUR ANNUAL TARGET OF APPROXIMATELY $2.85 BILLION
* ASSUMPTIONS FOR 2018 INCLUDE WIRELESS REVENUE GROWTH RESULTING FROM GROWTH IN BOTH POSTPAID SUBSCRIBER LOADING AND ABPU
* ASSUMPTIONS FOR 2018 INCLUDE RESTRUCTURING AND OTHER COSTS OF ABOUT $135 MILLION
* CONFIRMING OUR CONSOLIDATED FINANCIAL TARGETS FOR 2018 AS UPDATED IN MAY FOR ADOPTION OF IFRS 15
* QTRLY POSTPAID WIRELESS NET ADDITIONS OF 87,000