Telus to Invest $23 Billion Across Ontario, Generate 9,500 New Jobs
Telus has today announced an investment of $23 billion in network infrastructure, operations, and spectrum across Ontario from 2022 to 2026, helping accelerate Canada’s digital economy and generate 9,500 new jobs over the next five years.
With the rollout of the 3.5GHz spectrum through 2022 and 2023, Ontarians will have enhanced access to Telus’ 5G network through an ultrafast and reliable wireless connection.
The carrier will also introduce its 5G standalone network later this year and bring multi-access edge computing (MEC) capabilities further advancing IoT and industry solutions and enabling important innovations in health, agriculture, energy, transportation, and manufacturing.
“This generational $23 billion investment in Ontario is a true demonstration of TELUS’ long-standing commitment to improving the lives of Canadians by connecting communities from coast-to-coast with our world-leading wireless 5G network,” said Darren Entwistle, President, and CEO of Telus.
“This is excellent news for the province of Ontario. Ensuring that all Canadians have access to reliable, high-speed Internet has become increasingly important, and this investment from TELUS will help create jobs, connect Ontario, and contribute towards building an environmentally sustainable Canada,” said The Honourable Gudie Hutchings, Minister of Rural Economic Development.
From 2000 through 2021, Telus has invested $220 billion nationally in network infrastructure, operations, and spectrum, including more than $57 billion in technology and operations in Ontario.