TELUS invests $8 million in the Chaudière-Appalaches region - Seite 2

“High-speed Internet is crucial to ensure the Montmagny RCM remains dynamic and innovative,” says Jocelyne Caron, prefect of the Montmagny RCM. “These announcements will support the initiatives in our local action plan for the economy and employment aimed at better positioning the region to have 30,000 residents in the territory (15,000 in Montmagny) by 2030.”

Ongoing investments for a better future

TELUS plans to invest $81.2 billion in Canada by 2027, including $11.5 billion in the Quebec economy, for its infrastructure, operations and spectrum licensing, and to improve the coverage, speed and reliability of its world-class networks.

In addition to these significant investments, the TELUS team is driven by a desire to bring about positive social changes in the communities where it operates. Since 2000, TELUS and its active and retired team members have contributed more than 90,000 volunteer hours and donated more than a million dollars to local organizations, including Moisson Beauce, the Centre de pédiatrie sociale de Lévis, the Fondation Jeunes en Tête and the Maison de la Famille Nouvelle-Beauce and Centre pédiatrie sociale en communauté. Also, thanks to the Connecting for Good programs, TELUS has allowed more than 20,500 vulnerable people in Quebec to have access to technologies in order to stay connected to what matters to them the most. TELUS team members in the region have also taken part in National Volunteer Week, in partnership with Centres d’action bénévole du Québec, and actively participate in TELUS Days of Giving, by cleaning up a neighbourhood park, providing career advice to young people, offering grocery products to a neighbour in need or by supporting local charities.

The investments announced in this news release reflect TELUS’ overall capital expenditure guidance for 2023, which was released on February 9, 2023, during the company’s fourth financial quarter of 2022.

Forward-Looking Statements

This news release contains statements about future events and plans that are forward-looking, including statements relating to TELUS’ infrastructure, operations and spectrum investment plans, anticipated connections to our PureFibre network footprint, and our environmental targets. These forward-looking statements are made based on a number of assumptions and readers are cautioned not to place undue reliance on them as there is a significant risk that actual results may vary materially from these forward-looking statements, including as a result of risks relating to regulatory decisions and developments, the competitive environment in which we operate, and our operating and financial results.