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TELUS announced this week it is investing an additional $54 billion in infrastructure and operations across the country through 2024 to further support Canadians through the Covid-19 pandemic and the country’s economic recovery.
The investment will facilitate expansion of their next-generation 5G network to an additional 529 new urban and rural communities by the end of the year and bring their gigabit PureFibre Internet network to more than one million additional homes and businesses, exceeding a total of 3.5 million Canadian premises by the end of 2021.
According to the announcement, TELUS will create over 38,000 Canadian job opportunities at TELUS and across their partner ecosystem over the next four years.
Together, TELUS’ expanded and enhanced wireless and wireline technologies will enable improved health and educational outcomes for Canadians, support environmental sustainability, foster entrepreneurship, unleash human productivity, bridge the socio-economic divide, and drive economic growth, which is crucial to Canada’s fiscal recovery from the Covid-19 pandemic.
In addition to the 38,000 job opportunities TELUS will create for Canadians, the deployment of 5G will create 250,000 jobs and contribute $150 billion to Canada’s economy over the next 20 years.