By end of year, TELUS will have injected more than $24 billion into Ontario
Extending 4G LTE, the fastest and most advanced wireless technology in the
world, for customers in communities throughout the province
TORONTO, June 11, 2013 /CNW/ - TELUS is investing $245 million in new
infrastructure and technology across Ontario in 2013, bringing more customers
the world's fastest and most advanced wireless technology - 4G Long Term
Evolution (LTE). Part of a three-year, $650 million commitment made a year
ago, today's announcement builds upon the more than $24 billion TELUS has
already invested in operations and technology throughout the province since
"In little more than a decade, we've gone from not having a network in Ontario
to blanketing the province with the fastest wireless network technology in the
world. We've laid fibre optic cable in every major city in the province," said
Joe Natale, TELUS Chief Commercial Officer. "The TELUS story in Ontario is one
of strategic and sustainable investment and high-value job creation. We've put
down deep, deep roots, and we are building on this record with our 2013
investment of $245 million. It makes me very proud to say that establishing a
foundation here in Ontario is what's made TELUS a truly national company."
Thousands of TELUS team members will draw on this investment to:
-- Light up hundreds of new wireless sites enhancing coverage in
urban areas to increase wireless data capacity and extend
coverage to rural communities and highway corridors.
-- Extend TELUS 4G LTE technology to more Ontarians. It's already
available to more than 80 per cent of the province.
-- Continue being part of the solution in healthcare by extending
healthcare technology to more people in a way that saves
taxpayer money while improving care. TELUS has invested more
than $1 billion in the healthcare sector and now has a team of
almost 1,600 healthcare innovators working on projects large
and small across the country.
TELUS' investment in communities extends past providing customers with
world-class technology. As members of every community where we live and work,
TELUS, our team members and retirees give where we live, supporting grassroots
and community organizations across Ontario including Operation Come Home,
iSisters, Sistema Toronto and the United Way.
"At TELUS, we believe that helping build stronger communities is our
responsibility as corporate citizens," said Mr. Natale. "We bring the same
kind of innovation and passion to our charitable giving and volunteering that
we do to our business. 'We give where we live' is an authentic, vibrant
expression of our attitude and approach. The whole TELUS team's participation,
heart, and hard work raising donations is making a difference every year right
The capital investment disclosed in this release is consistent with TELUS'
overall capital expenditure guidance for 2013.
What is LTE?
The world's fastest wireless technology, called 4G LTE, offers Internet speeds
two to three times faster than past technology, offering TELUS customers
connections as fast as their home Internet on their smartphones, tablets and
Internet keys. In the last year, TELUS rolled out LTE service that now covers
more than 82 per cent of Ontario, and will connect even more by the end of
What is We Give Where We Live?
At TELUS, we give where we live. Whether through our locally focused Community
Boards, charitable partnerships or employee and customer engagement programs,
we are committed to building stronger and healthier communities.
On May 25, 13,000 TELUS team members, retirees and family members participated
in the eighth annual TELUS Day of Giving, volunteering their time at more than
500 local activities nationwide. They helped out at children's hospitals, fed
homeless citizens, sorted thousands of pounds of food bank donations, pulled
invasive plants out of cherished parks, and helped clean up and maintain the
buildings and grounds of dozens of charities.
Our more than 8,000 employees and retirees in Ontario have donated more than
$48 million and, more importantly, volunteered 300,000 hours to community and
charitable organizations since 2000.
There are 11 TELUS Community Boards in Canada that provide funding to
grassroots organizations in major centres where TELUS operates. In Ontario
there are Community Boards in Toronto and Ottawa. Since inception in 2005, the
Community Boards in Ontario have contributed over $8.9 million to both
national and grassroots charitable organizations and supported more than 547
TELUS (TSX: T, NYSE: TU) is a leading national telecommunications company in
Canada, with $11 billion of annual revenue and 13.2million customer
connections, including 7.7million wireless subscribers, 3.4million
wireline network access lines, 1.4million Internet subscribers and 712,000
TELUS TV customers. Led since 2000 by President and CEO, Darren Entwistle,
TELUS provides a wide range of communications products and services, including
wireless, data, Internet protocol (IP), voice, television, entertainment and
In support of our philosophy to give where we live, TELUS, our team members
and retirees have contributed more than $300million to charitable and
not-for-profit organizations and volunteered 4.8million hours of service to
local communities since 2000. Fourteen TELUS Community Boards lead TELUS'
local philanthropic initiatives. TELUS was honoured to be named the most
outstanding philanthropic corporation globally for 2010 by the Association of
Fundraising Professionals, becoming the first Canadian company to receive this
prestigious international recognition.
For more information about TELUS, please visit telus.com.
Forward looking statement:
This news release contains statements about expected future events of TELUS
that are forward-looking. By their nature, forward-looking statements require
the Company to make assumptions and predictions and are subject to inherent
risks and uncertainties. There is significant risk that the forward-looking
statements will not prove to be accurate. Readers are cautioned not to place
undue reliance on forward-looking statements as a number of factors could
cause actual future events to differ materially from that expressed in the
forward-looking statements. Except as required by law, TELUS disclaims any
intention or obligation to update or revise forward-looking statements.
Jill Yetman TELUS Media Relations 416-992-2639 firstname.lastname@example.org
SOURCE: TELUS Corporation
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