MONTREAL – Telus intends to invest $2 billion across Quebec through 2020, of which $340 million will be invested in new communications infrastructure this year alone, the company said Monday.
Telus said that the funds will be used to extend its fibre optic network infrastructure, strengthen its wireless service, and further develop the Telus Health offer to increase connectivity and collaboration in the healthcare continuum.
"By the end of 2020 Telus will have invested more than $27 billion in Quebec since 2000," said François Gratton, EVP and president, business solutions east and Telus Quebec, in the news release. "This sustained commitment attests to our confidence in Quebec's future, and our determination to support that future and the competitiveness of our economy through investment that directly helps companies become more productive, supports better healthcare through technology, extends fibre optic infrastructure in communities across eastern Quebec, provides Quebecers with unmatched entertainment and Internet services, and connects us wirelessly faster and more securely than ever before."
These investments were reflected in Telus' capital expenditure guidance for 2016.
