Telus Invests C$70 Billion to Expand AI and Wireless Infrastructure Across Canada
In order to improve cellular coverage, especially in rural regions, and build out its network infrastructure, Telus is spending C$70 billion $50.88 bi
In order to improve cellular coverage, especially in rural regions, and build out its network infrastructure, Telus is spending C$70 billion $50.88 billion in Canada over the next five years. This includes the opening of two AI data centres. The investment coincides with worries about an economic downturn, in part because of U.S. tariffs that impact Canadian exports. Teluss capital investment plans, which include C$2.5 billion in yearly spending, are in line with its goal of fostering domestic innovation. In Q1 2025, the firm recorded 218,000 new mobile and fixed clients, indicating a high demand for broadband networks and bundled wireless bundles.
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B2B Tech News | 1 months ago