News Feed Item

TELUS Investing More Than $1.3 Billion Across Quebec Through 2016

Commitment includes spending to build infrastructure, increase urban & rural Internet speeds and capacity, and bring the world's fastest wireless technology to more communities

MONTREAL, QUEBEC -- (Marketwired) -- 05/06/14 -- TELUS (TSX: T)(NYSE: TU) will invest more than $1.3 billion in new infrastructure and facilities across Quebec through 2016, the company unveiled today. TELUS will invest $640 million across the province in 2014, the final year of a three-year plan unveiled in 2012, and today committed to spend another $$700 million in 2015 and 2016 to build infrastructure to bring Quebecers the best experience and technology at home, at work and on the move.

By the end of 2016, TELUS' investment in operations and infrastructure in Quebec since 2000 will exceed $20 billion. Importantly, since 2000, TELUS has also remitted income, payroll, property, sales and other taxes totalling more than $1.7 billion, helping support services for citizens in communities across the province.

"Our networks allow Quebecers and businesses to connect no matter where they are, from Gatineau to Gaspesie to Havre-Saint-Pierre," said Francois Gratton, president of TELUS Quebec and Atlantic Canada. "Our technology investments mean better health care for patients, improved connection speeds for businesses and the best access to entertainment at home and on the road. Through our investments, TELUS will bring fibre optics to thousands of households in remote areas of Quebec, making the province one of the most connected places in the world. Our 6,000 team members in Quebec bring our advanced networks to rural areas and big cities alike, and contribute to the economic development of every part of the province. This is why our customers have recognized us as the most recommended telecommunications provider in Quebec."

As significant as TELUS' investments in its networks and infrastructure are, its community engagement is also crucial. Since 2000, TELUS, its 6,000 team members, 1,500 retirees and community boards in Quebec have done 390,000 hours of volunteer work and donated $44 million to Quebec organizations.

This year, TELUS' infrastructure investment will advance services for the benefit of Quebecers by:

--  Connecting thousands of households to fibre optics in Cap-Sante,
    Donnacona, Neuville, Pont-Rouge, Rimouski, Saint-Apollinaire, Saint-
    Augustin-de-Desmaures, Saint-Georges and Sept-Iles. Fibre optics offer
    residential customers dramatically increased Internet speeds and
--  Expanding the 4G LTE network, the world's fastest wireless technology,
    to over 80 per cent of the Quebec population by the end of 2014, in
    particular in the Montreal, Quebec City, Gaspesie, Lower St. Lawrence,
    North Shore and Mauricie regions.
--  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'
--  Continuing the deployment of Optik TV in the Lower St. Lawrence,
    Gaspesie and Quebec City regions to bring the most recommended TV
    service in Quebec to more consumers in some 10 communities.
--  Connecting more businesses to fibre optics, particularly in the area's
    industrial parks and business districts. These dedicated high-speed
    networks and the TELUS Intelligent Internet Data Centre in Rimouski are
    driving flexible cloud-computing technologies managed and hosted by
--  Continuing to protect TELUS customers against digital security threats,
    notably through the recent acquisition of Enode, which delivers advanced
    information security and risk management technologies.
--  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 45 million interactions with
    patients every year.

The capital investment disclosed in this release is consistent with TELUS' overall capital expenditure guidance for 2014, issued on February 13, 2014.


TELUS (TSX: T)(NYSE: TU) is Canada's fastest-growing national telecommunications company, with $11.4 billion of annual revenue and 13.3 million customer connections, including 7.8 million wireless subscribers, 3.3 million wireline network access lines, 1.4 million Internet subscribers and 815,000 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 video.

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.

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Most people haven’t heard the word, “gamification,” even though they probably, and perhaps unwittingly, participate in it every day. Gamification is “the process of adding games or game-like elements to something (as a task) so as to encourage participation.” Further, gamification is about bringing game mechanics – rules, constructs, processes, and methods – into the real world in an effort to engage people. In his session at @ThingsExpo, Robert Endo, owner and engagement manager of Intrepid D...
WebRTC adoption has generated a wave of creative uses of communications and collaboration through websites, sales apps, customer care and business applications. As WebRTC has become more mainstream it has evolved to use cases beyond the original peer-to-peer case, which has led to a repeating requirement for interoperability with existing infrastructures. In his session at @ThingsExpo, Graham Holt, Executive Vice President of Daitan Group, will cover implementation examples that have enabled ea...
SYS-CON Events announced today that Enzu will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Enzu’s mission is to be the leading provider of enterprise cloud solutions worldwide. Enzu enables online businesses to use its IT infrastructure to their competitive advantage. By offering a suite of proven hosting and management services, Enzu wants companies to focus on the core of their online busine...
@DevOpsSummit has been named the ‘Top DevOps Influencer' by iTrend. iTrend processes millions of conversations, tweets, interactions, news articles, press releases, blog posts - and extract meaning form them and analyzes mobile and desktop software platforms used to communicate, various metadata (such as geo location), and automation tools. In overall placement, @DevOpsSummit ranked as the number one ‘DevOps Influencer' followed by @CloudExpo at third, and @MicroservicesE at 24th.
In the next forty months – just over three years – businesses will undergo extraordinary changes. The exponential growth of digitization and machine learning will see a step function change in how businesses create value, satisfy customers, and outperform their competition. In the next forty months companies will take the actions that will see them get to the next level of the game called Capitalism. Or they won’t – game over. The winners of today and tomorrow think differently, follow different...
SYS-CON Events announced today that Roundee / LinearHub will exhibit at the WebRTC Summit at @ThingsExpo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. LinearHub provides Roundee Service, a smart platform for enterprise video conferencing with enhanced features such as automatic recording and transcription service. Slack users can integrate Roundee to their team via Slack’s App Directory, and '/roundee' command lets your video conference ...
Enterprise IT has been in the era of Hybrid Cloud for some time now. But it seems most conversations about Hybrid are focused on integrating AWS, Microsoft Azure, or Google ECM into existing on-premises systems. Where is all the Private Cloud? What do technology providers need to do to make their offerings more compelling? How should enterprise IT executives and buyers define their focus, needs, and roadmap, and communicate that clearly to the providers?
SYS-CON Events announced today that Sheng Liang to Keynote at SYS-CON's 19th Cloud Expo, which will take place on November 1-3, 2016 at the Santa Clara Convention Center in Santa Clara, California.
So you think you are a DevOps warrior, huh? Put your money (not really, it’s free) where your metrics are and prove it by taking The Ultimate DevOps Geek Quiz Challenge, sponsored by DevOps Summit. Battle through the set of tough questions created by industry thought leaders to earn your bragging rights and win some cool prizes.
More and more brands have jumped on the IoT bandwagon. We have an excess of wearables – activity trackers, smartwatches, smart glasses and sneakers, and more that track seemingly endless datapoints. However, most consumers have no idea what “IoT” means. Creating more wearables that track data shouldn't be the aim of brands; delivering meaningful, tangible relevance to their users should be. We're in a period in which the IoT pendulum is still swinging. Initially, it swung toward "smart for smar...
DevOps is being widely accepted (if not fully adopted) as essential in enterprise IT. But as Enterprise DevOps gains maturity, expands scope, and increases velocity, the need for data-driven decisions across teams becomes more acute. DevOps teams in any modern business must wrangle the ‘digital exhaust’ from the delivery toolchain, "pervasive" and "cognitive" computing, APIs and services, mobile devices and applications, the Internet of Things, and now even blockchain. In this power panel at @...
Without lifecycle traceability and visibility across the tool chain, stakeholders from Planning-to-Ops have limited insight and answers to who, what, when, why and how across the DevOps lifecycle. This impacts the ability to deliver high quality software at the needed velocity to drive positive business outcomes. In his general session at @DevOpsSummit at 19th Cloud Expo, Eric Robertson, General Manager at CollabNet, will discuss how customers are able to achieve a level of transparency that e...
SYS-CON Events announced today that SoftNet Solutions will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. SoftNet Solutions specializes in Enterprise Solutions for Hadoop and Big Data. It offers customers the most open, robust, and value-conscious portfolio of solutions, services, and tools for the shortest route to success with Big Data. The unique differentiator is the ability to architect and ...
"Matrix is an ambitious open standard and implementation that's set up to break down the fragmentation problems that exist in IP messaging and VoIP communication," explained John Woolf, Technical Evangelist at Matrix, in this SYS-CON.tv interview at @ThingsExpo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
In past @ThingsExpo presentations, Joseph di Paolantonio has explored how various Internet of Things (IoT) and data management and analytics (DMA) solution spaces will come together as sensor analytics ecosystems. This year, in his session at @ThingsExpo, Joseph di Paolantonio from DataArchon, will be adding the numerous Transportation areas, from autonomous vehicles to “Uber for containers.” While IoT data in any one area of Transportation will have a huge impact in that area, combining sensor...