Data released by Statistics Canada show operating revenues for the telecommunications industry increased 2.5% from 2013 to $58.8 billion in 2014, while operating expenses rose 3.1% to $46.5 billion. As a result, the industry generated a 20.8% operating profit margin.
Mobile and paging revenues and Internet services revenues contributed the most to the growth of the telecommunications industry in 2014. Mobile and paging operating revenues were up 4.0%, while Internet services operating revenues increased 9.0%.
Mobile and paging services, the largest component of the industry, accounted for $22.2 billion or 37.7% of the industry's total operating revenues. Operating revenues from Internet services were $8.7 billion or 14.8% of the industry's total operating revenues. Together, they represented more than half (52.5%) of the revenues generated by the industry. By comparison, in 2011, this proportion was 47.7%.
In contrast, operating revenues for wireline telephony services (local and access services and long distance services) decreased 4.4% from 2013 to $11.3 billion in 2014. Wireline telephony services accounted for 19.2% of the telecommunications industry's total operating revenues in 2014. By comparison, in 2011, they represented just under one-quarter of total operating revenues.