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TELUS investing $66 billion in Canada through 2030 to enhance connectivity, support Canadian AI leadership and drive economic growth
TELUS investing $66 billion in Canada through 2030 to enhance connectivity, support Canadian AI l...
About this update from Telus Corporation
[{"type":"text","content":"\n\n\nTELUS investing $66 billion in Canada through 2030 to enhance connectivity, support Canadian AI leadership and drive economic growth\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntal{\nTEXT-ALIGN: LEFT\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\nCanada NewsWire\n\n\n$66 billion investment includes expanding Canada's fastest AI supercomputer, transforming corporate buildings into residential housing, and expanding 5G/fibre networksInvestments in nation-building projects will deliver critical infrastructure to strengthen national technological independence and position Canada to lead on the global stageVANCOUVER, BC, May 19, 2026 /CNW/ - TELUS is investing more than $66 billion over the next five years to expand and enhance its network infrastructure and operations across Canada. As the country seeks to attract more investment to stimulate growth, TELUS' commitment to Canada's future will help fuel homegrown innovation and support the prosperity of urban and rural communities. This investment builds on an impressive track record, with TELUS investing billions in technology and operations to boost productivity and support a robust national economy. \n\n\n\n\n\n\n\n\"The $66 billion announced today builds upon the $294 billion that TELUS has put to work across Canada since 2000, to ensure our fellow citizens have the vital connectivity needed to thrive in today's digital world,\" said Darren Entwistle, President and CEO of TELUS. \"The critical infrastructure our talented team of innovators and engineers is creating represents the 21st century equivalent to building transportation corridors that connect our country. TELUS' investments over the past 26 years represent the financial equivalent of constructing 84 Canadian Pacific Railways or 58 St. Lawrence Seaways or 27 Trans-Canada Highway systems. Importantly, the connectivity we are delivering helps improve the lives of Canadians by enabling teleworking, online healthcare and education flexibility, while also accelerating Canada's digital economy for heightened productivity, innovation and competitiveness. Moreover, ou...