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Telus Corp T.T

Alternate Symbol(s):  TU

TELUS Corporation is a Canada-based communications technology company. The Company provides a range of technology solutions, including mobile and fixed voice and data telecommunications services and products, healthcare software and technology solutions, and digitally led customer experiences. Data services include Internet protocol; television; hosting, managed information technology and cloud-based services; and home and business security. Its TELUS technology solutions segment includes network revenues and equipment sales arising from mobile technologies, data revenues, healthcare software and technology solutions, agriculture and consumer goods services, voice, and other telecommunications services revenues. Its TELUS International segment comprises digital customer experience and digital-enablement transformation solutions, including artificial intelligence (AI) and content management solutions. It is also a cybersecurity provider specializing in advanced penetration testing.


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Post by Dibah420on Jun 15, 2021 11:46am
205 Views
Post# 33388547

Capex Plans

Capex Plans
TELUS On Investing An Additional $54 Billion in Infrastructure and Operations Across Canada Through 2024

 

15 Jun 202109:20 ET  

 

09:20 AM EDT, 06/15/2021 (MT Newswires) -- Telus (T.TO, TU) overnight Monday responded to a request from MT Newswires for an explanation on how the company will fund an additional C$54 billion investment in infrastructure and operations across to Canada through 2024.

The company in an email reply said: "The investment of $54 billion includes our planned capital and operating expenses over the next four years all across Canada. They are consistent with our capital expenditure guidance for 2021 updated in Q1, and with our planned future capital expenditure plans, including our accelerated broadband build. These transformational investments are expected to significantly bolster our customer experience leadership and competitive position, and will also result in positive cash flow benefits."

Price: 27.64, Change: +0.15, Percent Change: +0.55


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