21:01:48 EDT Sat 18 May 2024
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CA



Telus Corp (2)
Symbol T
Shares Issued 1,454,446,276
Close 2023-10-31 C$ 22.36
Market Cap C$ 32,521,418,731
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Telus, FLO partner for EV charger connectivity

2023-10-31 10:49 ET - News Release

Mr. Navin Arora reports

TELUS AND FLO EXPANDING CONNECTIVITY ON FLO EV CHARGERS ACROSS NORTH AMERICAN CITIES

Today, Telus Corp. and FLO agreed to bring Telus's world-leading connection to FLO chargers. FLO is Canada's most extensive EV (electric vehicle) network, enabling more than 1.5 million charging sessions each month thanks to charging stations located coast-to-coast. With most light-duty vehicles sold in Canada expected to be required to be zero emissions by 2035, Telus will support FLO's development of critical infrastructure helping to drive the adoption of electric vehicles and support the reduction of greenhouse gas emissions.

FLO is a leading North American electric vehicle charging network operator and a smart charging solutions provider.

FLO will leverage Telus's dedicated IoT (Internet of things) network solutions and connectivity platforms in FLO public, commercial level 2 and direct current fast chargers (DCFC) across North America. Telus's innovative technology is expected to enhance reliability and uptime, and increase operational efficiency by providing real-time visibility on at least 60,000 of FLO's chargers in Canada and the United States, including the new FLO ultrafast charger. Thanks to its revolutionary flexible design, the FLO Ultra charging station provides drivers with a convenient, intuitive and lightning-fast charging experience.

"This agreement underpins Telus's commitment to lead in sustainability, finding ways to use our world-leading connectivity and technology to drive environmental change, build intelligent cities and create a more sustainable future. This exciting step demonstrates how innovation and quick evolution in the EV space is providing a better experience for customers," said Navin Arora, executive vice-president, Telus, and president, Telus business solutions and Telus agriculture and consumer goods.

"FLO is focused on providing EV drivers the best charging experience," said Louis Tremblay, FLO president and chief executive officer. "Telus will help FLO advance this mission by providing critical support to keep our chargers communicating with our network and maintaining FLO's leading uptime of more than 98 per cent. We are thrilled that Telus is supporting FLO in our work to help usher in a zero-emissions transportation future."

Born of a common vision for a cleaner, more sustainable future, this project supports FLO's work to address climate change and accelerate EV adoption, while demonstrating Telus's longstanding commitment to leverage its technology, products and services to build a better, more sustainable future.

About Telus Corp.

Telus is a dynamic, world-leading communications technology company with more than $18-billion in annual revenue and over 18 million customer connections spanning wireless, data, Internet protocol, voice, television, entertainment, video and security. Its social purpose is to leverage its global-leading technology and compassion to drive social change and enable remarkable human outcomes. Telus's long-standing commitment to putting its customers first fuels every aspect of its business, making the company a distinct leader in customer service excellence and loyalty. The numerous, sustained accolades Telus has earned over the years from independent, industry-leading network insight firms showcase the strength and speed of Telus's global-leading networks, reinforcing its commitment to provide Canadians with access to superior technology that connects it to the people, resources and information that make lives better.

Operating in 32 countries around the world, Telus International is a leading digital customer experience innovator that designs, builds and delivers next-generation solutions, including artificial intelligence and content moderation, for global and disruptive brands across high-growth industry verticals, including technology and games, communications and media, e-commerce and fintech, banking, financial services and insurance, health care, and others.

Telus Health is a global health care company, which provides employee and family preventive health care and wellness solutions. The company's Telus team, along with its 100,000 health professionals, is leveraging the combination of Telus's strong digital and data analytics capabilities with the company's unsurpassed client service to dramatically improve remedial, preventive and mental health outcomes covering 67 million lives, and growing, around the world. As the largest provider of digital solutions and digital insights of its kind, Telus Agriculture & Consumer Goods enables efficient and sustainable production from seed to store, helping improve the safety and quality of food and other goods in a way that is traceable to end consumers.

Driven by its determination and vision to connect all citizens for good, Telus's deeply meaningful and enduring philosophy to give where it lives has inspired Telus and its team to contribute $1.6-billion, including 2.2 million days of service, since 2000. This unprecedented generosity and unparalleled volunteerism have made Telus the most giving company in the world.

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