02:21 PM EDT, 10/28/2024 (MT Newswires) -- Telus ( TU ) on Monday said it is collaborating with Photonic, a British Columbia-based company, to accelerate the development of next-generation quantum communications in Canada.

Telus ( TU ) will also provide Photonic access to its 30-kilometer fiber-optic network in B.C., to enable the testing of quantum technologies.

"At TELUS ( TU ) we believe quantum computing is the next frontier in digital communications and I'm excited to see breakthroughs and innovations from Photonic," said Nazim Benhadid, Chief Technology Officer. "This collaboration is part of our broader commitment to investing in cutting-edge technologies that will support a secure and connected future in Canada. By building the quantum infrastructure today, we are helping unlock economic potential and empower industries to innovate and compete globally."

Telus ( TU ) was last seen up $0.48 to $22.49 on the Toronto Stock Exchange.

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