Banff, AB – TELUS will invest $1.4 million in Banff, Canmore and Lake Louise in 2012 to further expand and enhance its wireless and wireline networks.
“TELUS’ $1.4 million investment will enhance our world-class wireless network and improve Internet speeds for businesses and households right here in Banff, Canmore and Lake Louise,” said Pam Karnik, TELUS vice-president of Customer Solutions Delivery. “TELUS is committed to making investments in infrastructure and technology to better serve our customers and communities. We are deeply grateful for the hard work and outstanding commitment of our local team members and retirees and for the support of our customers.”
This significant investment is part of $2 billion in infrastructure upgrades being made across Alberta through 2014 and builds upon the $26 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 Karnik. “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 14,000 employees and retirees in Alberta has donated over $82 million and, more importantly, volunteered 1.2 million hours, with our hearts and our hands, to community and charitable organizations. Additionally, the TELUS team will contribute a further $10 million to local, grassroots community projects in 2012.”
In addition to our investment in Banff, Canmore and Lake Louise, TELUS will connect 18 remote and geographically challenging Alberta communities to broadband Internet. By the end of 2012, TELUS will connect Bear Canyon, Blue Ridge, Brocket, Bruce, Donalda, Ferintosh, Hays, Holden, Hussar, Jarvie, Keephills, Marlboro, Pickardville, Walsh, Waterton Park, Mulhurst, Seba Beach and Wildwood. By 2014 we will connect a further 37 communities to ensure citizens have access to high speed Internet.
The capital investment disclosed in this release is consistent with TELUS' overall capital expenditure guidance for 2012.
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.
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TELUS Media Relations
B-roll of TELUS infrastructure projects in B.C. can be downloaded from the following FTP site: