Market Overview

TELUS applauds the Régions branchées program

Share:

MONTREAL, Oct. 18, 2019 (GLOBE NEWSWIRE) -- TELUS enthusiastically welcomes the creation of the Quebec government's Régions branchées program and its $100-million commitment to deploy high-speed Internet in the province's remote and low-density communities.

"Every year, TELUS makes significant investments in its networks to connect thousands of new residents in Quebec's remote areas to the resources and information they need in order to drive local opportunities in health care, education, entertainment and the economy. Although our private investments are vital, we also believe that the future of connectivity in rural areas requires support from the government," says François Gratton, TELUS President and TELUS Québec CEO.

This year alone, TELUS is investing $95 millions in its wireless and optic fibre networks in Eastern Quebec, which includes $25.7 million from the federal and provincial governments, to reach over 34,000 new families and businesses from 80 remote and low-density communities, notably in the vast Lower North Shore region. Between 2013 and 2021, TELUS will have invested more than $300 million to expand its PureFibre network in the eastern part of Quebec and within the next two years, the company plans to offer direct fibre access to 93 percent of families and businesses on its incumbent territory located in the Greater Quebec City area and Eastern Quebec region. In the last two decades, TELUS has invested $24.7 billion in its networks and operations in Quebec.

About TELUS

TELUS (TSX:T, NYSE:TU) is a dynamic, world-leading communications and information technology company with $14.6 billion in annual revenue and 14.2 million customer connections spanning wireless, data, IP, voice, television, entertainment, video and security. We leverage our global-leading technology to enable remarkable human outcomes. Our commitment to putting customers first in all our areas of activity has made us an undeniable leader in customer loyalty and customer service excellence. TELUS Health is Canada's largest health care IT provider, and TELUS International delivers the most innovative business process solutions to some of the world's most established brands.

Driven by our social purpose to connect all Canadians for a better world, our philosophy to give where we live has inspired our team members and retirees to contribute more than $700 million and donate 1.3 million days of volunteering since 2000. This incredible generosity and unparalleled volunteerism have made TELUS the most giving company in the world.

For more information about TELUS, please visit telus.com and follow us on Twitter (@TELUS) and on Instagram (@Darren_Entwistle).

Jacinthe Beaulieu
TELUS Media Relations
418-318-6102
jacinthe.beaulieu@telus.com 

Primary Logo

View Comments and Join the Discussion!
 
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com