Two major Canadian telecommunications companies made grand announcements this week about investing billions of dollars in British Columbia.
Vancouver-based Telus Corp. (TSX:T) said it plans to invest $15 billion in B.C. in the next five years. This would be part of $70 billion it plans to spend across Canada in that timeframe to expand and improve its network infrastructure and generally improve operations.
“This investment builds on an impressive track record, with Telus having invested more than $66 billion in B.C. since 2000,” the company said today in a news release.
The money for B.C. is set for a wide range of purposes, and it comes as the province’s artificial intelligence (AI) investment climate remains strong
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