TELUS will hire 65 new employees in Atlantic Canada this year alone
HALIFAX, July 25, 2012 /CNW/ - TELUS will invest $8.4 million in
advanced technology over the next three years in Atlantic Canada.
The significant investment builds on the more than $45 million the
company has invested in technology and operations in the Atlantic
Provinces since 2000. It supports the expansion and extension of TELUS'
4G LTE* service, which uses the fastest wireless technology in the
world. TELUS' investments will also result in the hiring of 65 people
across Atlantic Canada to support its growth.
As part of this investment, TELUS will invest $5 million in Nova Scotia
including $3.8 million in the Halifax Regional Municipality, supporting
the extension of TELUS' 4G LTE service to the community.
"TELUS' $8.4 million investment in Atlantic Canada over the next three
years supports the enhancement and expansion of our wireless service,
which is based on the most advanced, fastest wireless technology
available in the world today," said Ken Power, director of Atlantic
Canada, TELUS. "The demand for wireless services is exploding in
Atlantic Canada 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 240 local team members and retirees in
support of our customers. At the same time, hiring more than 65 people
will help us support the future economic prosperity of Atlantic
TELUS' commitment also extends to supporting local charities and
community organizations. As part of TELUS' commitment to give where we
live, for the first time, Halifax is hosting the TELUS World Skins
Game. Since 2001, the TELUS World Skins Game has raised more than $10.4
million for a wide variety of important causes across Canada, and as
part of the TELUS World Skins Game's long-standing tradition of
benefiting local charities, all funds raised from this year's event
will go to IWK Health Centre Foundation - an organization providing
critical and specialized care to women, children and families
throughout the Maritimes.
"The growth and success of TELUS' business relies heavily on the health
and well-being of local communities and we recognize the importance of
this bond," said Gen. (Ret.) Rick Hillier, Chair of the TELUS Atlantic
Canada Community Board. "The TELUS World Skins Game is a perfect
example of this relationship; our local community will not only have an
unforgettable opportunity to see some of the best players in the world
compete in their own backyard, but equally as important, the Game
allows TELUS to leave a significant charitable legacy in the Atlantic
Since 2000, TELUS and our more than 240 team members and retirees in
Atlantic Canada will have contributed more than $4.6 million to local
charities and community organizations and more importantly, our team
has volunteered more than 5,500 hours to supporting Atlantic Canada
charities and community organizations including the IWK Foundation,
Boys and Girls Club of Canada and Canadian Breast Cancer Foundation
As part of this contribution, the TELUS Atlantic Canada Community Board
has donated more than $1.1 million in support of 65 charities including
MicMac Amateur Aquatic Club, Neptune Theatre, Feed Nova Scotia, Saint
John Theatre Company, Camp Gencheff, Destination Gander, Antigonish
Women's Resource Centre and Phoenix Youth Programs since its inception
in 2009. Moreover, in 2012, the Board will give an additional $500,000
to local grassroots charities.
The capital investment disclosed in this release is consistent with
TELUS' overall capital expenditure target for 2012.
*TELUS 4G LTE service supports manufacturers' rated peak download speeds
of up to 75 megabits per second (Mbps), with an expected average of 12
to 25 Mbps.
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
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.
SOURCE: TELUS Corporation
For further information:
TELUS Media Relations