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TELUS investing $70 billion in Canada through 2029 to enhance connectivity, support Canadian AI leadership and fuel economic growth
TELUS investing $70 billion in Canada through 2029 to enhance connectivity, support Canadian AI l...
About this update from Telus Corporation
[{"type":"text","content":"\n\n\n\n TELUS investing $70 billion in Canada through 2029 to enhance connectivity, support Canadian AI leadership and fuel economic growth\n \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.prntac{\nTEXT-ALIGN: CENTER\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n Investment to support sovereign AI data factories in B.C. and\n \n Quebec\n \n , improve wireless coverage in rural areas and reduce GHG emissions with environmentally-friendly technologies\n \n\n\n\n\n VANCOUVER, BC\n \n\n ,\n \n\n May 27, 2025\n \n\n /CNW/ - TELUS is investing more than\n \n $70 billion\n \n over the next five years to expand and enhance its network infrastructure and operations across\n \n Canada\n \n . As the country navigates a challenging economic environment and seeks to attract more investment to stimulate growth, this commitment to\n \n Canada's\n \n 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 more than\n \n $276 billion\n \n since 2000 to boost productivity and support a robust national economy.\n \n\n\n\n\n\n\n\n\n \"For more than 125 years, TELUS has been headquartered in\n \n Western Canada\n \n , building a legacy of advancing our country's economic and social prosperity. Indeed, against a backdrop of macroeconomic uncertainty, TELUS stands as one of the few companies committing to bold, future-focused technology investments. We recognize that sustained, transformative capital deployment is not only critical for advancing digital inclusion, but also for unleashing\n \n Canada's\n \n full economic potential in the years to come,\" said\n \n Darren Entwistle\n \n , President and CEO of TELUS. \"The\n \n $70-billion\n \n investment we are making across\n \n Canada\n \n transcends traditional connectivity; it is powering advanced digital services, fuelling innovation across all sectors of the economy and propelling our productivity as a nation. Moreover, this investment is a cornerstone of\n \n Canada's\n \n competitiveness on the global stage, driving critical ...