OTTAWA, April 19 /CNW/ - TELUS today announced it is investing $9 million in Ottawa in 2010 as it continues extending the reach and speed of its advanced wireline and wireless broadband services.
"Since 2000, TELUS has made $18.6 billion in operating and capital investments to deliver advanced technology and services across Ontario," said Terry Nemeth, vice-president of sales, public sector for Ontario and Atlantic. "This year, as part of our investment across Ontario, we are focusing $9 million on bringing the benefits of some of the world's best telecommunications technology to our customers right here in Ottawa."
"TELUS' massive investment in information, communications and technology is also delivering advances in priority areas such as healthcare, the environment and small business. TELUS is contributing to improved patient outcomes and efficiency in the health care sector with new technologies such as electronic health records and TeleHealth that help shift the focus from remediation to prevention of disease. We are also helping our customers reduce their impact on the environment by providing the latest telecommuting, conferencing and data management solutions enabling the movement of ideas and information instead of people, vehicles and paper. Additionally, access to our leading connectivity, collaboration and network services is changing the game for businesses in Ontario, improving their efficiency, competitiveness and productivity," said Darren Entwistle, TELUS President and CEO.
This year TELUS will also continue to expand its wireless broadband network throughout the province, building on the November 2009 launch of the fastest and biggest wireless network in Ontario and Canada*. TELUS' HSPA network enables speeds of up to 21 Mbps† and reaches 93 per cent of the Canadian population (http://www.telusmobility.com/en/ON/network/about.shtml).
"Having one of the world's most advanced wireless networks gives our customers in Ottawa the choice of iconic devices such as the iPhone, BlackBerry devices, Android-powered smartphones, and our high speed wireless internet keys," said Mr. Nemeth.
Janet Yale, Chair of the TELUS Ottawa community board, added TELUS' commitment to Ottawa extends beyond infrastructure and new services.
"Since 2000, TELUS, our team members and retirees in Ottawa have contributed more than $5 million to charitable and community organizations in Ottawa, including The Royal Ottawa Health Care Group, the Great Canadian Theatre Company and the Education Foundation of Ottawa," said Ms. Yale.
TELUS was recently recognized by the Association of Fundraising Professionals as the 2010 Most Outstanding Philanthropic Corporation globally, the first time a Canadian company has ever received this international honour.
The capital investment disclosed in this release is consistent with TELUS' overall capital expenditure guidance for 2010.
*Comparing HSPA/HSPA+ national networks: "fastest" according to tests of data throughput speeds in large Canadian urban centres and "biggest" based on population covered. † Based on manufacturers' rated download speed of up to 21 Megabits per second. Compatible device required. Actual speed may vary by device being used, topography and environmental conditions, network congestion, signal strength and other factors.
TELUS (TSX: T, T.A; NYSE: TU) is a leading national telecommunications company in Canada, with $9.6 billion of annual revenue and 12 million customer connections including 6.5 million wireless subscribers, 4 million wireline network access lines and 1.2 million Internet subscribers and 170,000 TELUS TV customers. Led since 2000 by President and CEO, Darren Entwistle, TELUS provides a wide range of communications products and services including data, Internet protocol (IP), voice, entertainment and video.
In support of our philosophy to give where we live, TELUS, our team members and retirees have contributed $158 million to charitable and not-for-profit organizations and volunteered more than 3 million hours of service to local communities since 2000. Nine 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 ever to receive this prestigious international recognition.
Forward-looking statements This news release contains forward looking statements regarding further capital investments, network expansion, technology and TELUS services. By their nature, forward-looking statements require the Company to make assumptions and predictions about future events and are subject to inherent risks and uncertainties, including assumptions and risks regarding the Company's 2010 targets, capital expenditures, technology and network build, which could cause actual outcomes to differ materially from that expressed or implied by the forward looking statements. Accordingly, readers are cautioned not to place undue reliance on forward-looking statements. TELUS disclaims any intention or obligation to update or revise forward-looking statements.
SOURCE TELUS Corporation
For further information: For further information: Megan Fielding, TELUS Media Relations, (416) 894-0817, Megan.Fielding@telus.com