10:43 AM EST - Telus Corp. : said on Friday that second-quarter profit sank 29 percent as it accounted for costs for a new billing system, the introduction of wireless number portability, and the failed launch of AMP'd Mobile service. Net earnings declined to $253.1 million, or 75 cents a diluted share. That is down from a profit of $356.6 million, or $1.02 a share, in the same period last year. Telus Corp.
shares T.T are trading down $2.16 at $58.24.
