Reported 3 days ago
Telus announced its intention to invest more than C$70 billion ($50.88 billion) in Canada over the next five years to enhance its network infrastructure. This investment will fund the launch of two new AI data centers and improve wireless coverage, particularly in rural areas, amidst a challenging economic environment influenced by U.S. tariffs. The company reported significant growth in customer subscriptions, aligning the investment with its capital expenditure plans for 2025.
Source: YAHOO