London, ON- TELUS will invest $3 million in
London in 2012 to further enhance and expand TELUS'4G LTE
network coverage to the community, using the fastest
wireless technology in the world.
"TELUS' $3 million investment in London in 2012 will
enhance and expand the most advanced, fastest wireless
technology available in the world today," said David Eaton,
director of sales, TELUS. "The demand for
wireless services is exploding in London and TELUS is
committed to making investments in infrastructure and
technology to better serve our customers and their
communities. We are deeply grateful for the hard work and
outstanding commitment of our more than 100
local team members and retirees and for the support of our
customers."
This significant investment is part of $650 million
in infrastructure upgrades being made across Ontario
through 2014 and builds upon the $22 billion TELUS has
already invested in operations and technology throughout
the province over the last 10 years.
TELUS' commitment also extends to supporting local
charities and community organizations.
"As important as our infrastructure investments are
to our success, our commitment to local community
organizations is near and dear to our hearts. TELUS
believes deeply in the symbiotic relationship between the
success of business and the welfare of our communities,"
continued Eaton. "We embrace a simple philosophy - we give
where we live - and we take great pride in the social
outcomes we are helping to realize. Since 2000, our TELUS
family of more than 100 employees and retirees in London
have contributed more than $285,000through
Team TELUS Charitable Givingand, more
importantly, volunteered 4,500 hours with our hearts and
our hands, to London community and charitable organizations
including Compassion Canada, The University of Western
Ontario and Richard Ivey School of Business
Foundation.Additionally, the TELUS Ontario
Community Action Team plans on allocating $40,000 in 2012
to local, grassroots community projects."
TELUS' $3 million investment in 2012 will enhance and
expand its new 4G LTE network coverage in London.
TELUS' 4G LTE network supports manufacturers' rated
peak download speeds of up to 75 megabits per second
(Mbps), with an expected average of 12 to 25 Mbps.
The capital investment disclosed in this release is
consistent with TELUS' overall capital expenditure
guidance for 2012.
About TELUS
TELUS (TSX: T, T.A; NYSE: TU) is a leading national
telecommunications company in Canada, with $10.5 billion of
annual revenue and 12.7 million customer connections
including 7.4 million wireless subscribers, 3.5 million
wireline network access lines and 1.3 million Internet
subscribers and more than 550,000 TELUS TV customers. Led
since 2000 by President and CEO, Darren Entwistle, TELUS
provides a wide range of communications products and
services including wireless, data, Internet protocol (IP),
voice, television, entertainment and video.
In support of our philosophy to give where we live,
TELUS, our team members and retirees have contributed more
than $260 million to charitable and not-for-profit
organizations and volunteered 4.2 million hours of service
to local communities since 2000. Eleven TELUS Community
Boards across Canada lead TELUS local philanthropic
initiatives. TELUS was honoured to be named the most
outstanding philanthropic corporation globally for 2010 by
the Association of Fundraising Professionals, becoming the
first Canadian company to receive this prestigious
international recognition.
For more information about TELUS, please visit telus.com.
Forward looking statement:
This news release contains statements about
expected future events of TELUS that are forward-looking.
By their nature, forward-looking statements require the
Company to make assumptions and predictions and are subject
to inherent risks and uncertainties. There is significant
risk that the forward-looking statements will not prove to
be accurate. Readers are cautioned not to place undue
reliance on forward-looking statements as a number of
factors could cause actual future events to differ
materially from that expressed in the forward-looking
statements. Except as required by law, TELUS disclaims any
intention or obligation to update or revise forward-looking
statements.
-30-
For more information, please contact:
Elisabeth Napolano
TELUS Media Relations
416- 906-9830
elisabeth.napolano@telus.com
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