TELUS Invests More Than $66 Bln For Five-Year Network Expansion

nasdaq
2026.05.19 14:15
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TELUS Corporation announced a $66 billion investment over five years to enhance its network across Canada, aiming to boost tech and AI sovereignty and promote sustainability. This follows a $2 billion investment to improve TELUS PureFibre connectivity in Ontario and Quebec. The investments align with the company's 2026 capital expenditure guidance. Currently, TU shares are trading at $12.39, up 0.69%.