TELUS Commits $70 Billion Investment in Canada by 2029: Enhancing Connectivity, Boosting Artificial Intelligence Leadership, and Fueling Economic Expansion
TELUS Announces Remarkable $70 Billion Investment Plan
Heard it, Canadians? TELUS is upping the ante with a whopping $70 billion investment to transform and elevate our nation's digital landscape over the next five years. That's right, this bold commitment is aimed at bolstering network infrastructure, fostering innovation, and driving economic growth, focusing on bridging digital divides in rural and Indigenous communities.
So, what exactly lies ahead for us? Let's break it down:
- TELUS PureFibre Connection: Homes and businesses across British Columbia, Alberta, Quebec, and Ontario will be in for a tangible upgrade as TELUS plans to roll out PureFibre connectivity. This move will spark creativity and productivity, creating ripple effects across the Canadian economy.
- 5G and LTE Enhancements: Avid TELUS users, rejoice! This year, more than 500 macro and micro sites nationwide will see targeted enhancements to 5G and LTE services, ensuring seamless, high-quality internet for years to come. Now, that's what I call unprecedented coverage!
- Affordable Housing: In line with TELUS' mission to support our planet, the company aims to redevelop central office buildings into TELUS Living initiatives. This innovative approach helps address the increasing demand for affordable rental housing while furthering the circular economy by reclaiming rare resources like copper networks.
- Sovereign AI Factories: Guess who's bringing cutting-edge technology to Kamloops and Rimouski? TELUS, that's who. These state-of-the-art facilities will offer Canadian businesses and researchers access to secure, advanced AI resources, keeping our country's data within our borders.
- Rural and Indigenous Connectivity: TELUS is stepping up to provide advanced broadband networks to 53 rural communities and an additional 20 Indigenous lands by 2026, giving more Canadians access to life-changing digital resources.
- Closing the Digital Divide: TELUS' initiatives, such as Internet, Mobility, Tech, and Health for Good, and TELUS Wise, have already enriched the digital experiences of 1.4 million Canadians since inception. They're going the extra mile to ensure that all Canadians can level up and truly participate in the digital economy for generations to come.
Remember, this edgy, record-breaking investment plan is built on TELUS' solid base, having invested over $276 billion since 2000 to boost productivity and sustain a thriving national economy. Darren Entwistle, TELUS' fearless leader, notes that this investment defies tradition, focusing not just on connectivity, but on unleashing Canada's true economic potential in the years to come.
In essence, TELUS' unapologetic, future-focused investment is powering advanced digital services, fueling a range of industries, propelling our productivity, and driving Canada's competitiveness on the global stage. Let's work together, fellow Canadians, to capitalize on this remarkable opportunity and make Canada a digital powerhouse. Now, if you'll excuse me, I've got some TELUS-fueled innovation to catch up on. Cheers!
Following the $70 billion investment plan announced by TELUS, Canadians can expect advanced infrastructure in sports, as targeted enhancements to 5G and LTE services will be made this year, ensuring seamless internet for sports enthusiasts.
Moreover, with TELUS' aim to provide advanced broadband networks to rural communities and Indigenous lands, news about digital advancements in these areas can be anticipated, bridging the digital divide and enriching the lives of residents.
