TELUS Investing $23 Billion Across Ontario

TELUS announced today the investment of $23 billion in network infrastructure, operations, and spectrum across Ontario over the next four years and has committed to investing $70 billion overall across Canada by 2026. 

These significant investments include:

  • Generating new jobs to support Ontario’s growing economy
    Generating 9,500 jobs in Ontario over five years, with a focus on construction, engineering, and emerging technologies.
  • Delivering 5G to remote communities
    With the rollout of the 3.5GHz spectrum through 2022 and 2023, Ontarians will have enhanced access to TELUS’ 5G network through an ultrafast and reliable wireless connection. 
    • TELUS’ global-leading wireless network was rated the fastest mobile network for the eighth consecutive time by UK-based Opensignal, while also earning the title of North America’s Fastest Mobile Network and being named Canada’s Fastest Mobile Network by Seattle-based Ookla for the ninth consecutive time.
  • 5G Core and Multi-Access Edge Computing
    TELUS will introduce its 5G standalone network later this year and bring multi-access edge computing (MEC) capabilities further advancing IoT and industry solutions and enabling important innovations in health, agriculture, energy, transportation, and manufacturing.
    • The TELUS network and crucial investments will support the digitization of the economy, and our transition to a sustainable future, including through optimization of energy consumption at home, reduction of food waste or intelligent transport systems that result in fewer emissions.
  • Supporting Ontario’s agriculture industry

TELUS Agriculture is investing in integrated data management software, helping to scale animal health technology to deliver valuable insights and enable a more sustainable, responsive food supply chain. With a comprehensive portfolio of grower and advisor solutions, TELUS Agriculture is helping to improve both productivity and profitability for farmers in Ontario, notably with field-specific nutrient management programs aimed at increasing fertilizer efficiency and maximizing yield potential.

  • Contributing to a greener Ontario and planet

As a global leader in sustainability, TELUS’ network infrastructure and investments are helping us transition to a sustainable future through the digitization of the economy, including optimizing energy consumption at home and reducing food waste through its TELUS Agriculture solutions. 

  • The 2021 Sustainability Report outlines TELUS’ environmental, social, and governance strategy and priorities which includes the ambitious goal to use 100 per cent renewable energy by 2025. Moreover, TELUS’ world-leading networks enable significant carbon avoidance by providing the networks required for TELUS team members and millions of Canadians to work remotely and avoid commuting; access education, healthcare, and social connections virtually; and enable other businesses to take their workforce virtual leading to less energy consumption in office buildings and fewer commuters on the road. 
  • To date, TELUS has planted more than 800,000 trees and by the time its millionth tree is planted later this year, it will have planted the equivalent of 20,000 acres of forest, which is nearly five times the size of Killbear Provincial Park. 

From 2000 through 2021, TELUS has invested $220 billion nationally in network infrastructure, operations and spectrum, including more than $57 billion in technology and operations in Ontario. These investments are consistent with TELUS’ capital expenditure guidance for 2022, released in the fourth quarter of 2021 earnings release dated February 10, 2022.

These investments are critical to providing Canadians with access to superior technology that connects customers to the people, resources and information that make their lives better. TELUS is steadfast in its commitment to using technology, team member-led innovation, and human compassion to address the most important societal challenges of this generation and bringing real solutions to the residents of Ontario and across Canada.

TELUS also embraces tax morality as a means of further investing in our communities. Since 2000, TELUS has paid approximately $51 billion in total tax and spectrum remittances to our federal, provincial and municipal governments across Canada, consisting of corporate income taxes, sales taxes, property taxes, employer portion of payroll taxes, various regulatory fees and spectrum remittances, including more than $2.2 billion in taxes in 2021 alone. These funds support public works projects, education, healthcare, cultural pursuits and other initiatives that improve the social and economic well-being of our communities.

TELUS’ innovative approach to leveraging technology in healthcare has supported 22 million Canadians to receive care where and when they need it with virtual visits through the TELUS Health MyCare app, giving Canadians the tools they need to see a doctor or therapist from the safety and comfort of home, directly from their smartphone.   

Since 2000, TELUS, its team members and retirees provided over $128 million in cash, in-kind contributions, time and programs and volunteered 1 million hours to charities and community organizations located in Ontario.

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