TELUS to Invest $2.6 Billion Across Alberta Through 2016

TELUS to Invest $2.6 Billion Across Alberta Through 2016 
Commitment includes investment to expand high-tech broadband
infrastructure, increase urban & rural Internet capacity and Optik TV
connectivity, and bring the world's fastest wireless technology to
more communities across Alberta 
CALGARY, ALBERTA -- (Marketwired) -- 05/12/14 --   TELUS (TSX:
T)(NYSE: TU) will invest $2.6 billion in new infrastructure and
facilities across Alberta through 2016, the company announced today.
TELUS will spend $1 billion across the province in 2014, the final
year of a three-year plan unveiled in 2012, and today committed to
spend another $1.6 billion across 2015 and 2016 to build
infrastructure, expand urban and rural Internet connectivity and
capacity, and bring the world's fastest wireless technology to more
Alberta communities. 
"TELUS is steadfast in our goal to continue bringing Albertans the
most advanced communications infrastructure available in the world
today We are proud to invest a further $2.6 billion in leading-edge
broadband technologies through 2016 to ensure sustained innovation
and economic success in communities throughout the entire province,"
said Darren Entwistle, TELUS Executive Chairman. 
"By the end of 2016, TELUS' investment in operations and
infrastructure across Alberta since 2000 will exceed $39 billion,"
Mr. Entwistle added. "Additionally, as the subject of tax morality
has become a hot topic in the governance of corporations around the
world, it's important to note TELUS has remitted income, payroll,
property and other taxes totaling more than $585 million to
provincial and municipal governments in Alberta alone since 2000. As
a good corporate citizen we are helping to support critical social
services for Albertans in communities across the province." 
"TELUS' commitment to Alberta's communities extends well beyond
providing customers with world-class technology, investing in new
infrastructure and facilities and paying taxes," continued Mr.
Entwistle. "Supporting local charities and not-for-profit
organizations through funding from TELUS, our employees and Community
Boards and volunteering in our communities, is as vital as investing
in technology and infrastructure. Importantly, since 2000, TELUS and
our more than 14,000 employees and retirees here in Alberta have
donated more than $100 million and volunteered 1.53 million hours to
community and charitable organizations." 
This year, TELUS' infrastructure and technology investments will
advance services for the benefit of Albertans by: 


 
 
--  Meeting the increasing demand for wireless data by rapidly deploying
    700MHz spectrum for use in rural and urban areas, enhancing the already
    world-leading speed, coverage and reliability TELUS customers
    experience. This also includes installing dozens of new wireless sites
    along transportation routes, enhancing the safety of travel across the
    province and the productivity of the resource sector; 
--  Connecting thousands of homes and businesses in various communities with
    higher-capacity Internet and Optik TV solutions; 
--  Answering comprehensively the technology requirements of the province's
    resource sector across the geographic breadth of their operating
    topologies in Northern Alberta; 
--  Expanding the reach of TELUS' healthcare solutions, which currently
    provide electronic medical records to more than 12,500 Canadian
    physicians across the country and support more than 45 million patient
    interactions each year; and 
--  Continuing construction on the environmentally and technologically-
    advanced TELUS Sky office tower in downtown Calgary. 

Mr. Entwistle concluded, "TELUS continues to bridge the digital divide
by offering Albertans greater access to telehealth, virtual
classrooms and small business solutions in even the most remote
corners of the province. Not only has our investment in Alberta
fuelled the unparalleled success of our Optik TV, high-speed Internet
and business services, it has powered the ongoing advancement of our
world-leading LTE wireless network that now extends to more than 90
per cent of Albertans." 
The capital investment disclosed in this release is consistent with
TELUS' overall capital expenditure guidance for 2014, issued on
February 13, 2014. 
About TELUS  
TELUS (TSX: T)(NYSE: TU) is Canada's fastest-growing national
telecommunications company, with $11.5 billion of annual revenue and
13.3 million customer connections, including 7.8 million wireless
subscribers, 3.2 million wireline network access lines, 1.4 million
Internet subscribers and 842,000 TELUS TV customers. TELUS provides a
wide range of communications products and services, including
wireless, data, Internet protocol (IP), voice, television,
entertainment and video, and is Canada's largest healthcare IT
provider. 
In support of our philosophy to give where we live, TELUS, our team
members and retirees have contributed more than $350 million to
charitable and not-for-profit organizations and volunteered 5.4
million hours of service to local communities since 2000. 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
including TELUS' projected multi-year capital and operating
expenditures, which include spectrum licence purchases that are
forward-looking. The investments described for 2015 and 2016 are
subject to the ongoing review and approval of TELUS' Board of
Directors. 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 (such as regulatory and government decisions,
the competitive environment, economic conditions, our ability to
purchase spectrum licences through auctions or third-parties, and our
earnings, free cash flow and financial position) could cause actual
capital and operating expenditures to differ materially from those
expressed in the forward-looking statements. Accordingly, this news
release is subject to the disclaimer and qualified by the assumptions
(including the assumptions for our 2014 annual guidance, semi-annual
dividend increases through 2016, ability to sustain and complete our
multi-year share purchase programs through 2016), qualifications and
risk factors referred to in the 2013 annual report, which are
specifically 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). Except as required by law, TELUS disclaims any intention
or obligation to update or revise forward-looking statements. 
Contacts:
TELUS Media Relations
Chris Gerritsen
(403) 808-9591
chris.gerritsen@telus.com 
TELUS Investor Relations
Darrell Rae
(604) 697-8192
ir@telus.com
www.telus.com
 
 
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