TELUS announced an investment of $11.5 billion to build and develop
network infrastructure, operations, and spectrum across Quebec over
the next five years as part of its commitment to invest $81 billion
across Canada by 2027. These investments are critical to providing
Canadians with access to superior technology, connecting customers
to the people, resources and information that make their lives
better. Since 2000, TELUS has invested more than $32 billion in
Quebec alone, building global leading industry networks and has
been recognized as Canada’s most awarded network by UK-based
Opensignal for the 12th consecutive time.
“TELUS’ $11.5 billion investment in Quebec will
further amplify the superiority of our world-leading wireless
network, enabling vital connectivity for millions of citizens. This
builds on the more than $32 billion TELUS has invested in
technology and operations in Quebec since 2000,” said Darren
Entwistle, President and CEO of TELUS. “Our globally recognized
networks are the backbone of our digital economy and societies,
driving innovation and uplifting marginalized communities. This
investment will help ensure that Quebecers can stay connected to
what matters most, including healthcare, safe and healthy food,
online education, friends and family, and the flexibility to work
remotely; all with the accompanying environmental benefits.”
TELUS’ next generation networks are unleashing
human productivity and contributing to improved health and
educational outcomes, supporting environmental sustainability,
fostering entrepreneurship, bridging the socio-economic divide, and
driving economic growth. TELUS is steadfast in its commitment to
using technology, team member-led innovation, and human compassion
to address the most important societal challenges of this
generation and bringing real solutions to the residents of Quebec
and across Canada. Now through 2027 in Quebec, TELUS is:
- Expanding the TELUS 5G network to rural
communities.TELUS will partner with the Government of
Quebec and the CRTC to expand its 5G network to reach new isolated
and rural communities as well as road sections in the regions of
Eastern Quebec and Chaudière-Appalaches. The company is actively
accelerating the deployment of 25 new sites, bridging the digital
divide by fostering digital innovation in local businesses,
promoting the tourism industry, attracting young workers and
families, and accelerating the development of virtual services in
health and education.
- Celebrating 10 years of PureFibre, connecting nearly
300,000 homes in QuebecTELUS has invested over $7 billion
nationally in network infrastructure and operations to bring our
most advanced broadband Internet technology to millions of homes
and businesses, creating 50,000 jobs throughout construction, and
contributing more than $930 million to local economies in Quebec,
B.C. and Alberta. This year, TELUS will connect thousands of homes
and businesses across Quebec including in the regions of Mauricie,
Estrie, Chaudière-Appalaches and Eastern Quebec. To date, 99 per
cent of businesses and families in the area TELUS serves have
access to the PureFibre network. The symmetrical upload and
download Internet speeds and nearly infinite bandwidth enabled only
by PureFibre means everyone can work, stream, game, or make video
calls at the same time.
- Cheering on the CF Montréal as a major
partnerThe new multi-year partnership coincides with the
CF Montréal’s 30th anniversary, which will be celebrated throughout
the upcoming 2023 season, and brings together two organizations
with a proven and shared commitment to drive meaningful change in
their local communities. Through this partnership, TELUS and CF
Montréal will support thousands of youth by providing free access
to soccer camps and encouraging the development of athletes with
sport bursaries.
- Expanding TELUS’ For Good programs to
QuebecTELUS plans to expand its Internet For Good program
to youth in Quebec in 2023, offering subsidized, high-speed
Internet to qualified low-income youth aging out of care. TELUS
Mobility For Good for Indigenous Women at Risk will also launch in
Quebec, providing free smartphones and fully subsidized talk, text
and data plans to Indigenous women, girls or gender diverse people,
serving as a critical lifeline to Indigenous-led services, wellness
resources, and their support networks
- Continuing to roll out 3500 MHz spectrum on its 5G
networkSince June 2022, TELUS has been deploying its 3500
MHz spectrum holdings on its next-generation 5G wireless network to
further support the country’s economic growth and competitiveness,
bringing enhanced capacity, low latency and even faster speeds to
TELUS customers.
- As part of this rollout, customers in communities coast to
coast can now access this 3500 MHz spectrum, including in Montreal,
Quebec City, Toronto, Ottawa, Vancouver, Edmonton, Calgary, Halifax
and St. John’s.
- Promoting a greener province and planetOur
investments in energy-efficient networks, renewable energy sources,
innovative technologies and sustainable business practices are
supporting a greener future by reducing our carbon footprint and
enabling TELUS to become net carbon neutral by 2030 or sooner.
- On April 21, TELUS celebrated the planting of its one millionth
tree to help mitigate climate change. In partnership with leading
restoration companies, including Veritree and Flash Forest, TELUS
is working to leverage the power of its world-leading networks and
innovative technology to revolutionize nature-based solutions with
the goal of replenishing forests and seaforests. To start, TELUS,
Veritree and Flash Forest are focusing on reforestation and
seaforestation projects in western Canada and internationally.
- TELUS’ sustainability strategy has been recognized by Les
Mercuriades, a prestigious business competition in Quebec. This
year, TELUS has won the Sustainable Development Strategy award,
which celebrates businesses whose commitment and achievements in
sustainable development are remarkable or unique in their
industry.
- TELUS also recognizes the role of connectivity in supporting
Canada’s climate objectives. Digital connectivity and technologies
can reduce GHGs emissions by up to 20 per cent1. As a country with
high-quality telecom networks and high GHG emissions per capita,
Canada has the opportunity to become a world leader in digital
climate policy and digital climate solutions, incentivizing digital
uptake across underserved communities, GHG intensive-industries,
and the public service.
- Transforming how Quebecers access healthcare
- TELUS’ innovative approach to leveraging technology in health
care has expanded globally since its acquisition of LifeWorks in
fall 2022. Now supporting 67 million lives in 160 countries TELUS
Health is on a mission to become the most trusted wellbeing company
in the world with solutions focused on enhancing total health,
across three dimensions - physical, mental and financial.
- Since 2022, TELUS Health has supported a range of health
services including occupational, financial and mental health
services, as well as both publicly-funded and employer-funded
primary care resulting in more than 1.4M virtual and in-person
appointments, helping to build the healthiest communities and
workplaces on the planet.
- Redefining the connected home experience with TELUS’
smart living solution
- In collaboration with Amazon Web Services, Inc. (AWS), TELUS’
new smart living solution will use the latest advancements in cloud
technologies, Internet of things (IoT), machine learning (ML), and
artificial intelligence (AI) to create automation experiences using
all of our connected devices. TELUS’ smart living solution will
reduce the complexity of installing and managing connected home
devices and services from multiple vendors, device manufacturers
(ODMs) and service providers. It will make it easier for consumers
to use existing and new smart home devices to automate their
home.
From 2000 through 2022, TELUS has invested $240
billion nationally in network infrastructure, operations and
spectrum, including more than $32 billion in Quebec. These
investments are consistent with TELUS’ capital expenditure guidance
for 2023, released in the fourth quarter of 2022 earnings release
dated February 9, 2023.
TELUS also embraces tax morality as a means of
further investing in our communities. Since 2000, TELUS has paid
approximately $54 billion in total tax and spectrum remittances to
our federal, provincial and municipal governments across Canada,
consisting of corporate income taxes, sales taxes, property taxes,
employer portion of payroll taxes, various regulatory fees and
spectrum remittances, including more than $2.3 billion in taxes in
2022 alone. These funds support public works projects, education,
healthcare, cultural pursuits and other initiatives that improve
the social and economic well-being of our communities.
Since 2000, TELUS, our team members and retirees
provided over $90 million in cash, in-kind contributions, time and
programs and volunteered 1.4 million hours to charities and
community organizations specifically located in Quebec. Globally,
our TELUS family has contributed $1.5 billion in giving including
15 million volunteer hours since 2000.
Forward-Looking Statements
This news release contains statements about future
events and plans that are forward-looking, including statements
relating to TELUS’ infrastructure, operations and spectrum
investment plans, anticipated connections to our PureFibre network
footprint, and our environmental targets. These forward-looking
statements are made based on a number of assumptions and readers
are cautioned not to place undue reliance on them as there is
significant risk that actual results may vary materially from these
forward-looking statements, including as a result of risks relating
to regulatory decisions and developments, the competitive
environment in which we operate, and our operating and financial
results.
The forward-looking statements in this news release
are subject to the cautionary note and based on the assumptions,
qualifications and risks described in detail in TELUS’ 2022 and
first quarter 2023 Management’s discussion and analysis, which are
incorporated by reference herein, and in other TELUS public
disclosure documents and filings with securities commissions in
Canada (on SEDAR at sedar.com) and in the United States (on EDGAR
at sec.gov). Forward-looking statements describe TELUS’
expectations and are based on our assumptions as at the date of
this press release and are subject to change. These statements are
made pursuant to the “safe harbour” provisions of applicable
securities laws in Canada and the United States Private Securities
Litigation Reform Act of 1995. Except as required by law, TELUS
disclaims any intention or obligation to update or revise
forward-looking statements.
About TELUS
TELUS (TSX: T, NYSE: TU)
is a dynamic, world-leading communications technology company with
more than $18 billion in annual revenue and 18 million customer
connections spanning wireless, data, IP, voice, television,
entertainment, video, and security. Our social purpose is to
leverage our global-leading technology and compassion to drive
social change and enable remarkable human outcomes. Our
longstanding commitment to putting our customers first fuels every
aspect of our business, making us a distinct leader in customer
service excellence and loyalty. The numerous, sustained accolades
TELUS has earned over the years from independent, industry-leading
network insight firms showcase the strength and speed of TELUS’
global-leading networks, reinforcing our commitment to provide
Canadians with access to superior technology that connects us to
the people, resources and information that make our lives
better.
Operating in 31 countries around the world, TELUS
International (TSX and NYSE: TIXT) is a leading digital customer
experience innovator that designs, builds, and delivers
next-generation solutions, including AI and content moderation, for
global and disruptive brands across strategic industry verticals,
including tech and games, communications and media and eCommerce
and fintech.
TELUS Health is a global
health care leader, which provides employee and family primary and
preventive health care and wellness solutions. Our TELUS team,
along with our 100,000 health professionals, are leveraging the
combination of TELUS’ strong digital and data analytics
capabilities with our unsurpassed client service to dramatically
improve remedial, preventive and mental health outcomes covering 67
million lives, and growing, around the world. As the largest
provider of digital solutions and digital insights of its kind,
TELUS Agriculture & Consumer Goods enables efficient and
sustainable production from seed to store, helping improve the
safety and quality of food and other goods in a way that is
traceable to end consumers.
Driven by our
determination and vision to connect all citizens for good, our
deeply meaningful and enduring philosophy to give where we live has
inspired TELUS and our team to contribute $1.5 billion, including 2
million days of service since 2000. This unprecedented generosity
and unparalleled volunteerism have made TELUS the most giving
company in the world. Together, let’s make the future friendly.
For more information
about TELUS, please visit telus.com, follow us at @TELUSNews
on Twitter and @Darren_Entwistle on Instagram.
For media
inquiries, please contact:
Camille FinneganTELUS Public Relations
camille.finnegan@telus.com
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FarrPoint - Digital Policy and Climate Change: Canada Study Report,
May 2022
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