Expanding world’s fastest wireless technology, bringing Optik TV to more Edmonton homes
Edmonton, AB – TELUS will invest $110 million in Edmonton in 2012 to expand 4G LTE – the fastest wireless technology in the world – throughout the city and introduce Optik TV to even more homes.
“TELUS’ $110 million investment will expand Optik TV to more neighbourhoods and bring the world’s fastest wireless technology to Edmonton this year,” said Monty Carter, senior vice-president TELUS Enterprise Solutions. “The demand for wireless services is exploding in Edmonton and TELUS is committed to making investments in infrastructure and technology to better serve our customers and community. We are deeply grateful for the hard work and outstanding commitment of our more than 5,300 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 Carter. “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, TELUS, team members and retirees have contributed more than $8.1 million through Team TELUS Charitable Giving and volunteered more than 600,000 hours to Edmonton area charities and community organizations including the Alberta Cancer Foundation, United Way of the Alberta Capital Region and Stollery Children's Hospital Foundation.”
TELUS’ $110 million investment in 2012 will:
In addition to our investment in Edmonton, 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.
For more information, please contact:
TELUS Media Relations
B-roll of TELUS infrastructure projects can be downloaded from the following FTP site: