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TELUS Corporation reports developments across a Canadian communications technology business that provides wireless, internet, television and landline phone services, with incumbent wireline operations in British Columbia and Alberta and a smaller wireline presence in eastern Quebec. News also reflects its non-telecom businesses, including TELUS Digital, TELUS Health and TELUS Agriculture & Consumer Goods.
Recurring TELUS updates include operating and financial results, dividend declarations, debt and capital-structure actions, annual meeting governance matters and leadership changes. Company and partner announcements also cover digital customer experience, AI data services, trust and safety solutions, broadband service capabilities and technology partnerships tied to connectivity and enterprise services.
TELUS has been recognized as the fastest network in the world by Opensignal, with an average 4G LTE download speed of 75.8 Mbps. This is notably faster than South Korea’s fastest 5G average of 59 Mbps. By the end of the year, nearly 50 communities in Canada will access TELUS’ 5G network, offering speeds up to 1.7 Gbps. The company continues to invest heavily in its infrastructure, with $40 billion allocated for 5G rollout, which is projected to create 250,000 jobs and contribute $40 billion annually to the Canadian economy.
TELUS has earned the title of the fastest network in the world, according to Opensignal, with an average 4G LTE download speed of 75.8 mbps. This performance exceeds South Korea's 5G average of 59 mbps. The company is expanding its 5G network, planning to cover nearly 50 communities in Canada by year-end, with speeds reaching up to 1.7 Gbps. TELUS has invested $200 billion since 2000 and will invest an additional $40 billion over the next three years to enhance connectivity and promote economic growth, estimated to create 250,000 jobs and contribute $40 billion annually to Canada's economy.
TELUS has been recognized as the fastest network globally by Opensignal, with average 4G LTE download speeds of 75.8 Mbps, surpassing South Korea's 5G average of 59 Mbps. By year-end, TELUS plans to expand its 5G network to 50 communities in Canada, achieving speeds up to 1.7 Gbps. This growth aligns with TELUS's commitment to invest $40 billion over three years to enhance digital infrastructure, projected to create 250,000 jobs and contribute $40 billion annually to the Canadian economy.
TELUS has been recognized as the fastest network globally, achieving an average 4G LTE download speed of 75.8 Mbps, outpacing South Korea's 5G network at 59 Mbps. By year-end, nearly 50 Canadian communities will benefit from TELUS' 5G network, offering speeds up to 1.7 Gbps. The company has invested nearly $200 billion in its network and plans to invest an additional $40 billion over the next three years. This expansion aims to drive innovation across various sectors, with estimates suggesting 5G could create 250,000 jobs and contribute $40 billion annually to Canada's economy.
TELUS has been recognized as the fastest network globally, according to Opensignal, with an average download speed of 75.8 Mbps for 4G LTE, outpacing South Korea's 5G average of 59 Mbps. By the year's end, TELUS will expand its 5G network to 50 Canadian communities, offering speeds up to 1.7 Gbps. Partnerships with local colleges will establish 5G Connected Campuses, enhancing educational resources. Over the next three years, TELUS plans to invest an additional $40 billion to further develop its 5G network, which is projected to create 250,000 jobs and contribute $40 billion annually to the Canadian economy.
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TELUS is recognizing TELUS International for its numerous recent accolades that showcase its leadership in customer experience and digital solutions. The awards include the Digital Transformation Award for AI innovation, recognition as a 'Leader' in Everest Group's PEAK Matrix, and several Stevie Awards for outstanding service during the COVID-19 pandemic. With $15 billion in annual revenue, TELUS emphasizes its commitment to customer satisfaction and innovation across sectors, including healthcare and IT.
TELUS has launched its Kits for Kids program, donating 13,000 backpacks filled with essential school supplies and reusable face masks to support students in need during the back-to-school season amid the COVID-19 pandemic. Since its inception in 2006, the initiative has reached over 163,000 children. In addition, TELUS has committed $150 million for pandemic relief efforts, which include providing internet access for low-income families and donating mobile devices to seniors. The company aims to connect all Canadians and enhance community welfare through these initiatives.
TELUS is expanding its high-speed wireless and PureFibre networks across Quebec, targeting an additional 25,000 homes in 45 remote communities. This initiative aims to enhance digital access amid the COVID-19 pandemic, supporting local economies. TELUS has invested nearly $27 billion in Quebec over two decades and plans to connect 99% of families in targeted areas to high-speed internet by 2021. Recent investments include a $15 million project for a submarine optic fibre cable to improve telecommunications security on the North Shore, further enhancing connectivity.
TELUS has launched the Internet for Good program, providing high-speed internet for just $9.95 per month to K-12 students in British Columbia and Alberta. Initially limited to low-income families, the eligibility has expanded thanks to collaboration with local school boards. This effort aims to ensure that all students have access to reliable internet connections for virtual learning during the ongoing health crisis. TELUS has invested $150 million in various support initiatives since the pandemic, including expanding internet access and donating devices to vulnerable Canadians.