TELUS will invest $2.1 billion across Ontario through 2018
Telus announced today it intends to invest an additional $2.1 billion in new infrastructure and facilities across Ontario through 2018. When combined with operational expenses, this will bring the total TELUS investment in Ontario over the next four years to more than $11 billion.
By the end of 2018, TELUS will have invested more than $42 billion in Ontario since 2000 to further extend our advanced telecommunications infrastructure and healthcare services, helping fuel the province’s economic growth by ensuring sustained innovation and job creation.
“Since 2000, our investments in Ontario have created more than 7,300 jobs across the province and enabled millions of customer connections,” said Joe Natale, President and CEO of TELUS. “As part of our team’s commitment to putting customers first, we will invest an additional $2.1 billion across the province over the next four years. Ontarians want increasingly faster wireless speeds and enhanced capacity, and we are well positioned to deliver these thanks to recent investments which have expanded our portfolio of wireless spectrum in the province by more than 60 per cent. In addition, we plan to continue bringing leading-edge solutions like our Internet of Things marketplace to our business customers and enabling innovative services that help Ontarians better manage their health and that of their families.”
Mr. Natale added, “TELUS’ commitment to Ontario extends well beyond our investments in operations and infrastructure. Since 2000, TELUS has paid income, payroll, property and other taxes totalling more than $2 billion to provincial and municipal governments in Ontario, supporting critical social services in helping to build stronger communities across the province. Most importantly, TELUS and our team members, community board members and retirees who live and work in Ontario have donated more than $70 million and volunteered more than 440,000 million hours with charitable organizations across the province since 2000.”
“TELUS’ continued investments in technology and infrastructure in Ontario have created thousands of jobs, while generating billions of dollars in economic growth in communities across the province”, said Minister Brad Duguid, Ontario Minister of Economic Development, Employment and Infrastructure. “TELUS is a strong community partner, and our government will continue working hard to create a dynamic, inviting business climate so that TELUS can focus on delivering important services to Ontario families and businesses.”
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