|By Marketwired .||
|May 6, 2014 06:30 AM EDT||
MONTREAL, QUEBEC -- (Marketwired) -- 05/06/14 -- TELUS (TSX: T)(NYSE: TU) will invest more than $1.3 billion in new infrastructure and facilities across Quebec through 2016, the company unveiled today. TELUS will invest $640 million across the province in 2014, the final year of a three-year plan unveiled in 2012, and today committed to spend another $$700 million in 2015 and 2016 to build infrastructure to bring Quebecers the best experience and technology at home, at work and on the move.
By the end of 2016, TELUS' investment in operations and infrastructure in Quebec since 2000 will exceed $20 billion. Importantly, since 2000, TELUS has also remitted income, payroll, property, sales and other taxes totalling more than $1.7 billion, helping support services for citizens in communities across the province.
"Our networks allow Quebecers and businesses to connect no matter where they are, from Gatineau to Gaspesie to Havre-Saint-Pierre," said Francois Gratton, president of TELUS Quebec and Atlantic Canada. "Our technology investments mean better health care for patients, improved connection speeds for businesses and the best access to entertainment at home and on the road. Through our investments, TELUS will bring fibre optics to thousands of households in remote areas of Quebec, making the province one of the most connected places in the world. Our 6,000 team members in Quebec bring our advanced networks to rural areas and big cities alike, and contribute to the economic development of every part of the province. This is why our customers have recognized us as the most recommended telecommunications provider in Quebec."
As significant as TELUS' investments in its networks and infrastructure are, its community engagement is also crucial. Since 2000, TELUS, its 6,000 team members, 1,500 retirees and community boards in Quebec have done 390,000 hours of volunteer work and donated $44 million to Quebec organizations.
This year, TELUS' infrastructure investment will advance services for the benefit of Quebecers by:
-- Connecting thousands of households to fibre optics in Cap-Sante, Donnacona, Neuville, Pont-Rouge, Rimouski, Saint-Apollinaire, Saint- Augustin-de-Desmaures, Saint-Georges and Sept-Iles. Fibre optics offer residential customers dramatically increased Internet speeds and capacity. -- Expanding the 4G LTE network, the world's fastest wireless technology, to over 80 per cent of the Quebec population by the end of 2014, in particular in the Montreal, Quebec City, Gaspesie, Lower St. Lawrence, North Shore and Mauricie regions. -- Meeting the increasing demand for wireless data by rapidly deploying 700MHz spectrum for use in rural and urban areas, enhancing the already world-leading speed, coverage and reliability TELUS customers' experience. -- Continuing the deployment of Optik TV in the Lower St. Lawrence, Gaspesie and Quebec City regions to bring the most recommended TV service in Quebec to more consumers in some 10 communities. -- Connecting more businesses to fibre optics, particularly in the area's industrial parks and business districts. These dedicated high-speed networks and the TELUS Intelligent Internet Data Centre in Rimouski are driving flexible cloud-computing technologies managed and hosted by TELUS. -- Continuing to protect TELUS customers against digital security threats, notably through the recent acquisition of Enode, which delivers advanced information security and risk management technologies. -- Expanding the reach of TELUS' healthcare solutions, which currently provide electronic medical records to more than 12,500 Canadian physicians across the country and support 45 million interactions with patients every year.
The capital investment disclosed in this release is consistent with TELUS' overall capital expenditure guidance for 2014, issued on February 13, 2014.
TELUS (TSX: T)(NYSE: TU) is Canada's fastest-growing national telecommunications company, with $11.4 billion of annual revenue and 13.3 million customer connections, including 7.8 million wireless subscribers, 3.3 million wireline network access lines, 1.4 million Internet subscribers and 815,000 TELUS TV customers. Led since 2000 by President and CEO, Darren Entwistle, TELUS provides a wide range of communications products and services, including wireless, data, Internet protocol (IP), voice, television, entertainment and video.
In support of our philosophy to give where we live, TELUS, our team members and retirees have contributed more than $350 million to charitable and not-for-profit organizations and volunteered 5.4 million hours of service to local communities since 2000. TELUS was honoured to be named the most outstanding philanthropic corporation globally for 2010 by the Association of Fundraising Professionals, becoming the first Canadian company to receive this prestigious international recognition.
For more information about TELUS, please visit telus.com.
Forward looking statement:
This news release contains statements about expected future events including TELUS' projected multi-year capital and operating expenditures, which include spectrum licence purchases that are forward-looking. The investments described for 2015 and 2016 are subject to the ongoing review and approval of TELUS' Board of Directors. By their nature, forward-looking statements require the Company to make assumptions and predictions and are subject to inherent risks and uncertainties. There is significant risk that the forward-looking statements will not prove to be accurate. Readers are cautioned not to place undue reliance on forward-looking statements as a number of factors (such as regulatory and government decisions, the competitive environment, economic conditions, our ability to purchase spectrum licences through auctions or third-parties, and our earnings, free cash flow and financial position) could cause actual capital and operating expenditures to differ materially from those expressed in the forward-looking statements. Accordingly, this news release is subject to the disclaimer and qualified by the assumptions (including the assumptions for our 2014 annual guidance, semi-annual dividend increases through 2016, ability to sustain and complete our multi-year share purchase programs through 2016), qualifications and risk factors referred to in the 2013 annual report, which are specifically incorporated by reference herein, and in other TELUS public disclosure documents and filings with securities commissions in Canada (on SEDAR at sedar.com) and in the United States (on EDGAR at sec.gov). Except as required by law, TELUS disclaims any intention or obligation to update or revise forward-looking statements.
TELUS Media Relations
Cloud and Big Data present unique dilemmas: embracing the benefits of these new technologies while maintaining the security of your organization's assets. When an outside party owns, controls and manages your infrastructure and computational resources, how can you be assured that sensitive data remains private and secure? How do you best protect data in mixed use cloud and big data infrastructure sets? Can you still satisfy the full range of reporting, compliance and regulatory requirements? In...
Jan. 25, 2015 11:45 AM EST Reads: 2,336
SYS-CON Events announced today that ActiveState, the leading independent Cloud Foundry and Docker-based PaaS provider, has been named “Silver Sponsor” of SYS-CON's DevOps Summit New York, which will take place June 9-11, 2015, at the Javits Center in New York City, NY. ActiveState believes that enterprises gain a competitive advantage when they are able to quickly create, deploy and efficiently manage software solutions that immediately create business value, but they face many challenges that ...
Jan. 25, 2015 11:00 AM EST Reads: 1,715
Advanced Persistent Threats (APTs) are increasing at an unprecedented rate. The threat landscape of today is drastically different than just a few years ago. Attacks are much more organized and sophisticated. They are harder to detect and even harder to anticipate. In the foreseeable future it's going to get a whole lot harder. Everything you know today will change. Keeping up with this changing landscape is already a daunting task. Your organization needs to use the latest tools, methods and ex...
Jan. 25, 2015 11:00 AM EST Reads: 2,818
Security can create serious friction for DevOps processes. We've come up with an approach to alleviate the friction and provide security value to DevOps teams. In her session at DevOps Summit, Shannon Lietz, Senior Manager of DevSecOps at Intuit, will discuss how DevSecOps got started and how it has evolved. Shannon Lietz has over two decades of experience pursuing next generation security solutions. She is currently the DevSecOps Leader for Intuit where she is responsible for setting and driv...
Jan. 25, 2015 11:00 AM EST Reads: 1,317
“The age of the Internet of Things is upon us,” stated Thomas Svensson, senior vice-president and general manager EMEA, ThingWorx, “and working with forward-thinking companies, such as Elisa, enables us to deploy our leading technology so that customers can profit from complete, end-to-end solutions.” ThingWorx, a PTC® (Nasdaq: PTC) business and Internet of Things (IoT) platform provider, announced on Monday that Elisa, Finnish provider of mobile and fixed broadband subscriptions, will deploy ...
Jan. 25, 2015 11:00 AM EST Reads: 1,410
As enterprises move to all-IP networks and cloud-based applications, communications service providers (CSPs) – facing increased competition from over-the-top providers delivering content via the Internet and independently of CSPs – must be able to offer seamless cloud-based communication and collaboration solutions that can scale for small, midsize, and large enterprises, as well as public sector organizations, in order to keep and grow market share. The latest version of Oracle Communications U...
Jan. 25, 2015 11:00 AM EST Reads: 2,756
From telemedicine to smart cars, digital homes and industrial monitoring, the explosive growth of IoT has created exciting new business opportunities for real time calls and messaging. In his session at @ThingsExpo, Ivelin Ivanov, CEO and Co-Founder of Telestax, shared some of the new revenue sources that IoT created for Restcomm – the open source telephony platform from Telestax. Ivelin Ivanov is a technology entrepreneur who founded Mobicents, an Open Source VoIP Platform, to help create, de...
Jan. 25, 2015 10:45 AM EST Reads: 2,860
Mobile commerce traffic is surpassing desktop, yet less than 20% of sales in the U.S. are mobile commerce sales. In his session at 15th Cloud Expo, Dan Franklin, Segment Manager, Commerce, at Verizon Digital Media Services, defined mobile devices and discussed how next generation means simplification. It means taking your digital content and turning it into instantly gratifying experiences.
Jan. 25, 2015 10:45 AM EST Reads: 1,892
Today’s enterprise is being driven by disruptive competitive and human capital requirements to provide enterprise application access through not only desktops, but also mobile devices. To retrofit existing programs across all these devices using traditional programming methods is very costly and time consuming – often prohibitively so. In his session at @ThingsExpo, Jesse Shiah, CEO, President, and Co-Founder of AgilePoint Inc., discussed how you can create applications that run on all mobile ...
Jan. 25, 2015 10:45 AM EST Reads: 2,348
We certainly live in interesting technological times. And no more interesting than the current competing IoT standards for connectivity. Various standards bodies, approaches, and ecosystems are vying for mindshare and positioning for a competitive edge. It is clear that when the dust settles, we will have new protocols, evolved protocols, that will change the way we interact with devices and infrastructure. We will also have evolved web protocols, like HTTP/2, that will be changing the very core...
Jan. 25, 2015 10:30 AM EST Reads: 2,194
“This win means a great deal to us because it is decided by the readers – the people who understand how use of our technology enables new insights that drive the business,” said Matt Davies, senior director, EMEA marketing, Splunk. “Splunk Enterprise enables organizations to improve service levels, reduce operations costs, mitigate security risks, enhance DevOps collaboration, create new product and service offerings and obtain deeper insight into customer behavior. Being named Best Business App...
Jan. 25, 2015 10:30 AM EST Reads: 1,694
Cloud services are the newest tool in the arsenal of IT products in the market today. These cloud services integrate process and tools. In order to use these products effectively, organizations must have a good understanding of themselves and their business requirements. In his session at 15th Cloud Expo, Brian Lewis, Principal Architect at Verizon Cloud, outlined key areas of organizational focus, and how to formalize an actionable plan when migrating applications and internal services to the ...
Jan. 25, 2015 10:15 AM EST Reads: 1,989
"SOASTA built the concept of cloud testing in 2008. It's grown from rather meager beginnings to where now we are provisioning hundreds of thousands of servers on a daily basis on behalf of customers around the world to test their applications," explained Tom Lounibos, CEO of SOASTA, in this SYS-CON.tv interview at DevOps Summit, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Jan. 25, 2015 10:15 AM EST Reads: 2,045
The speed of product development has increased massively in the past 10 years. At the same time our formal secure development and SDL methodologies have fallen behind. This forces product developers to choose between rapid release times and security. In his session at DevOps Summit, Michael Murray, Director of Cyber Security Consulting and Assessment at GE Healthcare, examined the problems and presented some solutions for moving security into the DevOps lifecycle to ensure that we get fast AND ...
Jan. 25, 2015 10:00 AM EST Reads: 2,162
SYS-CON Events announced today Isomorphic Software, the global leader in high-end, web-based business applications, will exhibit at SYS-CON's DevOps Summit 2015 New York, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Isomorphic Software is the global leader in high-end, web-based business applications. We develop, market, and support the SmartClient & Smart GWT HTML5/Ajax platform, combining the productivity and performance of traditional desktop software ...
Jan. 25, 2015 10:00 AM EST Reads: 2,655