TELUS (TU) is investing more than $70B over the next five years to expand and enhance its network infrastructure and operations across Canada. As the country navigates a challenging economic environment and seeks to attract more investment to stimulate growth, this commitment to Canada’s future will help fuel homegrown innovation and support the prosperity of urban and rural communities. This investment builds on an impressive track record, with TELUS investing more than $276B since 2000 to boost productivity and support a robust national economy.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TU:
- Telus Health acquires Workspace Options, reports partnership with GTCR
- Telus price target raised to C$21.50 from C$20.25 at Canaccord
- Telus price target raised to C$22 from C$21 at National Bank
- Telus price target raised to C$24.50 from C$23.50 at Scotiabank
- Telus: Strong Financial Performance and Strategic Initiatives Drive Buy Rating