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Telus Announces Five-Year $70B Funding Plan to Bolster Networks, Open AI Data Centres
- Telus Corp. revealed plans on Tuesday to invest over $70 billion across Canada in the coming five years to upgrade its network infrastructure and establish new artificial intelligence data centres.
- The investment responds to Canada's slowing economy, partly caused by U.S. tariffs on steel, aluminum, and autos, leading companies to boost local operations and diversify markets.
- Telus will enhance fibre connectivity in B.C., Alberta, Quebec, and Ontario, expand broadband to 20 Indigenous lands and 53 rural communities by 2026, and build two AI data centres in Kamloops and Rimouski.
- The company stated the AI centres will provide "access to cutting-edge technology" to fuel homegrown innovation, improve wireless coverage via 5G and LTE, and support urban and rural prosperity.
- Telus' $70 billion investment aims to power advanced digital services, accelerate innovation across sectors, and enhance national productivity amid an uncertain economic environment.
25 Articles
25 Articles
Canadian Telecom BCE to Build Large Network of AI Data Centers
BCE Inc., Canada’s largest telecom company by revenue, will set up a network of artificial intelligence data centers across the country, mirroring the aggressive AI infrastructure build-out happening in the US and abroad.
Telus announced that it will invest more than $70 billion over the next five years to improve connectivity, including by improving its network infrastructure and building artificial intelligence (AI) data centres.
The Globe & Mail
einnews.comTelus to invest more than $70-billion in Canada over next five years to expand infrastructure
The investment will go toward launching two AI data centres, as well as help increase wireless coverage and capacity across more regions, the company says
Winnipeg Free Press
Telus announces five-year $70B funding plan to bolster networks, open AI data centres
Breaking News, Sports, Manitoba, Canada
TELUS Commits $70B to Boost Network Infrastructure Across Canada - HostingJournalist.com
TELUS has announced a sweeping investment plan, pledging over $70 billion over the next five years to enhance its operations and expand network infrastructure across Canada. The initiative aims to accelerate digital inclusion, stimulate innovation across sectors, and position Canada more competitively in the global digital economy.This significant financial commitment builds on TELUS’ longstanding role as a national telecom infrastructure leader…
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