Investment to focus on building next-generation networks, fueling innovation and sustainability, and driving economic growth
"We live in a digital world, and this investment continues TELUS' legacy of making vital contributions to advance the economic strength and social vitality of
"Calgarians have been and will always be innovators at their core, and we see global challenges being solved every day." said
In our digital economy, TELUS is shaping the future by using its world-leading networks to enhance productivity and foster positive innovations in health, education, agriculture, climate change, energy, transportation and social equity, helping to fuel economic growth across the province. Driven by a deep sense of compassion and inspired by its dedicated team, TELUS is committed to addressing the most pressing challenges of our time. The company is focused on delivering industry-best technology solutions and programs that positively impact lives, with ongoing plans through 2028 to make a meaningful difference in
Now through 2028 in
- Enhancing our world-leading networks and making them even faster, smarter, and greener
- TELUS is enhancing
Canada's 5G network with ORAN technology acrossAlberta andCanada , creating more reliable, faster connections. It's not just smarter; it's also kinder to our planet by using resources more efficiently and cutting down on energy use.
- TELUS is enhancing
- Empowering Canadian businesses through Stand With Owners
- Through #StandWithOwners TELUS has proudly committed more than
$3.5 million since 2020, championing hundreds of owners and small businesses with funding, advertising and technology to help their business grow and thrive, empowering them so they continue to move our economy and society forward. ○ As part of TELUS' greater commitment to the growth of Canadian business, over$450 million has been invested to support entrepreneurs, start-ups and leaders of tomorrow through theTELUS Pollinator Fund for Good andTELUS Ventures since their respective inception dates in 2020 and 2001.
- Through #StandWithOwners TELUS has proudly committed more than
- Celebrating 5 years of making healthcare more accessible in
Calgary - Since 2019,
TELUS Health forGood Mobile Clinics have enabled the delivery of healthcare for marginalized Calgarians. The program has served more than 12,000 patient visits working in partnership with The Alex, preventing thousands of emergency room visits and easing the burden onCalgary's healthcare facilities. AcrossCanada , TELUS has committed over$13 million in cash, in-kind contributions, time and support.
- Since 2019,
- Creating a more sustainable food system with TELUS Agriculture
- In 2021, TELUS invested
$1 million into theOlds College Smart Farm , kickstarting efforts to drive the sustainable production of food, reflecting our commitment to smarter farming and highlighting the crucial role of technology in feeding our growing world efficiently and sustainably.
- In 2021, TELUS invested
- Innovating for a more sustainable future in
Alberta and beyond- TELUS' 2023 Sustainability Report highlights our significant efforts and progress to meet our ambitious goal to use 100 per cent renewable energy by 2025. Notably, TELUS recently issued two sustainability-linked bonds totaling
$1.35 billion . Our dedication to environmental goals has earned us a spot on the Dow Jones Sustainability Index for the 23rd consecutive year. - In 2023, TELUS emphasized its leadership in sustainability by celebrating Circular Economy Month, having successfully diverted 15 million devices from landfills and upcycled or recycled four million mobile devices since 2010.
- With nearly 6 million trees planted in 2023 alone, TELUS is intensifying its reforestation efforts in
Alberta . Our innovative partnerships, like those withFlash Forest , utilize drones for rapid reforestation, helping to restore vital ecosystems and natural habitats.
- TELUS' 2023 Sustainability Report highlights our significant efforts and progress to meet our ambitious goal to use 100 per cent renewable energy by 2025. Notably, TELUS recently issued two sustainability-linked bonds totaling
- Highlighting Indigenous voices and stories
- TELUS has contributed over
$6.2 million to local content creators since 2018, funding over 550 Indigenous projects across B.C. andAlberta through TELUS STORYHIVE and TELUS originals . - STORYHIVE On Location with Braden Kadlun is a livestream series that explores conversations with various Indigenous businesses, artists, entrepreneurs and storytellers from the community of
Calgary andLloydminster . The project highlights a unique and locally reflective perspective on community life. Watch this project now on TELUS Optik TV channel 9 and YouTube . - As part of the
TELUS Indigenous Communities Fund , which offers grants up to$50,000 for Indigenous-led social, health and community programs,Big Horn Health Services inAlberta received funds to support Goodstoney First Nation through theirBig Horn Reserve Recreation Facility Project . A new accessible playground will foster community-wellness and be equipped with a range of play experiences to meet the physical, cognitive and social needs of children and youth.
- TELUS has contributed over
- Stepping up for Albertans when they need us most
- TELUS is dedicated to safeguarding Canadian communities against wildfires through strategic investments via the
TELUS Pollinator Fund for Good in technologies like Dryad Networks' ultra-early forest fire detection systems andFlash Forest's reforestation unmanned aerial vehicles. - In 2023, TELUS donated
$5 million in cash and in-kind support for wildfire relief efforts, including crucial connectivity for first responders and affected individuals. This contribution also supported a 24-hour crisis line, provided comfort kits for those displaced, and enhanced fundraising efforts for key charities, showcasing TELUS' commitment to leveraging technology for better disaster response and ongoing support for the community.
- TELUS is dedicated to safeguarding Canadian communities against wildfires through strategic investments via the
From 2000 through 2023, TELUS has invested
TELUS also embraces tax morale as a means of further investing in our communities. Since 2000, TELUS has paid approximately
TELUS' commitment to
Since 2000, TELUS, our team members and retirees have provided over
This news release contains statements about future events and plans that are forward-looking, including statements relating to TELUS' infrastructure, operations, services 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 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.
The forward-looking statements in this news release are subject to the cautionary note and based on the assumptions, qualifications and risks described in detail in TELUS' 2023 annual Management's discussion and analysis, which is incorporated by reference herein, and in other TELUS public disclosure documents and filings with securities commissions in
TELUS (TSX: T, NYSE: TU) is a dynamic, world-leading communications technology company with more than
Operating in 32 countries around the world,
Driven by our determination and vision to connect all citizens for good, our deeply meaningful and enduring philosophy to give where we live has inspired TELUS and our team to contribute
For more information about TELUS, please visit telus.com, follow us at @TELUSNews on X and @Darren_Entwistle on Instagram.
*PCMag Best ISPs 2023
SOURCE
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