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TELUS Corp Enhances Quebec Connectivity with Submarine Fibre Optic Cable Project

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Cashu
1 day ago
Cashu TLDR
  • TELUS Corp is deploying a submarine fibre optic cable in Quebec to enhance local connectivity and resilience.
  • The project will improve telecommunications reliability for communities, businesses, and utilities during emergencies.
  • TELUS commits $70 billion by 2029 to bridge the digital divide and support community initiatives in Canada.
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T.TO
Telus Corp
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Strengthening Connectivity: TELUS Advances Submarine Fibre Optic Project in Quebec

TELUS Corp is poised to enhance connectivity in Quebec through its ambitious project to deploy a submarine fibre optic cable between Sept-Îles and the Gaspé Peninsula. With the recent acquisition of necessary permits—following thorough consultations with Indigenous communities—the company marks a significant milestone in this initiative, first announced in 2020. The deployment is set to commence this fall, with commissioning expected shortly thereafter. This infrastructure development is crucial as it aims to fortify local communities against increasingly severe weather events, a growing concern in the region.

The submarine cable will significantly improve the reliability of telecommunications services for public utilities, local businesses, and families in the North Shore and Lower North Shore regions. TELUS President and CEO Darren Entwistle highlights that the project will provide essential backup for Internet, TV, and both wireline and wireless services, particularly during disruptions along Route 138. By ensuring critical communications remain intact during emergencies, TELUS not only enhances connectivity but also contributes to the overall resilience of these communities in the face of climate-related challenges.

This initiative aligns with the federal government's efforts to improve high-speed Internet access for all Quebec residents. TELUS is committed to investing $70 billion in Canada by 2029, a move aimed at bridging the digital divide in rural areas and enhancing network reliability. In addition to its infrastructure projects, TELUS demonstrates its commitment to community support through the TELUS Friendly Future Foundation®, which donates substantial funds annually to benefit youth in the region. This holistic approach underscores TELUS's dedication not only to technological advancement but also to social responsibility.

In parallel to its connectivity initiatives, TELUS continues to play a vital role in the telecommunications landscape, operating in over 45 countries and generating significant revenue. The company's investment in infrastructure and community support positions it as a leader in ensuring that essential services remain accessible to all, particularly in remote and underserved areas. As the deployment of the submarine fibre optic cable moves forward, TELUS reaffirms its commitment to building a connected future for Quebec and beyond.

The content provided here is for informational purposes only and should not be considered financial or investment advice. Investing in stocks carries risks, including potential loss of principal. Always do your own research and consult with a licensed financial advisor before making any investment decisions. We are not responsible for any losses or damages resulting from your use of this information.

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