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TELUS (TU) to Boost 5G Infrastructure With C$6.6M Investment

Jul 3, 2024, 10:16 AM EDT1 sourcesAI-analyzed

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- TELUS announced a C$6.6 million private investment in Quebec's North Shore region. - The investment is supported by C$6.8 million from the Quebec government and C$5.5 million from the CRTC. - The investment will result in the addition of roughly 10 new 5G wireless sites. - TELUS aims to invest C$73 billion across Canada by 2028. Price Impact Rating: Bullish Impact Horizon Rating: Long-term Type: Industry News

  • TELUS announced a C$6.6 million private investment in Quebec's North Shore region.
  • The investment is supported by C$6.8 million from the Quebec government and C$5.5 million from the CRTC.
  • The investment will result in the addition of roughly 10 new 5G wireless sites.
  • TELUS aims to invest C$73 billion across Canada by 2028.

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