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NATURE OF THE BUSINESS (Tables) | 12 Months Ended
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Dec. 31, 2024
Corporate information and statement of IFRS compliance [abstract] |
Disclosure of operating segments | We report our results of operations in three reportable segments. Each segment and the nature of its business is as follows:
Segment | Principal activities
Wireless | Wireless telecommunications operations for Canadian consumers and businesses.
Cable | Cable telecommunications operations, including Internet, television and other video (Video), Satellite, telephony (Home Phone), and home monitoring services for Canadian consumers and businesses, and network connectivity through our fibre network and data centre assets to support a range of voice, data, networking, hosting, and cloud-based services for the business, public sector, and carrier wholesale markets.
Media | A diversified portfolio of media properties, including sports media and entertainment, television and radio broadcasting, specialty channels, multi-platform shopping, and digital media.
INFORMATION BY SEGMENT
Year ended December 31, 2024 | Note | Wireless | Cable | Media | Corporate items and eliminations | Consolidated totals
(In millions of dollars)
Revenue from external customers |  | 10,528 |  | 7,801 |  | 2,215 |  | 60 |  | 20,604 |
Revenue from internal customers |  | 67 |  | 75 |  | 269 |  | (411) |  | — |
Total revenue | 6 |  | 10,595 |  | 7,876 |  | 2,484 |  | (351) |  | 20,604 |
Operating costs | 7 |  | 5,283 |  | 3,358 |  | 2,400 |  | (54) |  | 10,987 |
Adjusted EBITDA |  | 5,312 |  | 4,518 |  | 84 |  | (297) |  | 9,617 |
Depreciation and amortization | 8, 9, 10 |  |  |  |  | 4,616 |
Restructuring, acquisition and other | 11 |  |  |  |  |  | 406 |
Finance costs | 12 |  |  |  |  |  | 2,295 |
Other income | 13 |  |  |  |  |  | (6) |
Income before income tax expense |  |  |  |  |  | 2,306 |
Capital expenditures | 8 | 1,596 |  | 1,939 |  | 263 |  | 243 |  | 4,041 |
Goodwill | 10 | 1,634 |  | 13,677 |  | 969 |  | — |  | 16,280 |
Total assets |  | 30,282 |  | 33,504 |  | 3,034 |  | 4,591 |  | 71,411 |
Year ended December 31, 2023 | Note | Wireless | Cable | Media | Corporate items and eliminations | Consolidated totals
(In millions of dollars)
Revenue from external customers |  | 10,184 |  | 6,964 |  | 2,086 |  | 74 |  | 19,308 |
Revenue from internal customers |  | 38 |  | 41 |  | 249 |  | (328) |  | — |
Total revenue | 6 | 10,222 |  | 7,005 |  | 2,335 |  | (254) |  | 19,308 |
Operating costs | 7 |  | 5,236 |  | 3,231 |  | 2,258 |  | 2 |  | 10,727 |
Adjusted EBITDA |  | 4,986 |  | 3,774 |  | 77 |  | (256) |  | 8,581 |
Depreciation and amortization | 8, 9, 10 |  |  |  |  | 4,121 |
Restructuring, acquisition and other | 11 |  |  |  |  |  | 685 |
Finance costs | 12 |  |  |  |  |  | 2,047 |
Other expense | 13 |  |  |  |  |  | 362 |
Income before income tax expense |  |  |  |  |  | 1,366 |
Capital expenditures | 8 | 1,625 |  | 1,865 |  | 250 |  | 194 |  | 3,934 |
Goodwill | 10 | 1,634 |  | 13,677 |  | 969 |  | — |  | 16,280 |
Total assets |  | 28,613 |  | 34,099 |  | 2,896 |  | 3,674 |  | 69,282 |

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