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TELUS Invests C$70B to Shape Canada's Digital Future: Stock to Gain?
TELUSTELUS(US:TU) ZACKS·2025-05-28 22:31

TELUS Corporation (TU) recently announced a hefty C70billioninvestmentoverthenextfiveyearstoexpandandenhanceitsnetworkinfrastructureandoperationsacrossCanada.Amidachallengingeconomiclandscapeandongoingeffortstoattractincreasedinvestmenttodrivegrowth,thiscommitmenttoCanadasfuturerepresentsastrategicmovetowardfosteringdomesticinnovationandadvancingtheeconomicwellbeingofbothurbanandruralcommunities. WithmorethanC70 billion investment over the next five years to expand and enhance its network infrastructure and operations across Canada. Amid a challenging economic landscape and ongoing efforts to attract increased investment to drive growth, this commitment to Canada's future represents a strategic move toward fostering domestic innovation and advancing the economic well-being of both urban and rural communities. With more than C276 billion invested since 2000, th ...