
RICHMOND, B.C. – Telus will invest $110 million to connect more than 90% of homes and businesses in Richmond and Steveston directly to its fibre optic network.
The gigabit-enabled Telus PureFibre network will enable connected residents to immediately take advantage of dramatically faster Internet speeds of up to 150 Mbps, while businesses, schools, healthcare providers, and other institutions can access even more speed and capacity, reads the news release. The network offers symmetrical service, meaning that customers can upload just as fast as they download.
Construction work is currently underway, and Telus said that it anticipates connecting the majority of homes and businesses by the spring of 2019.
“Broadband Internet is essential in our emerging digital economy,” said Telus’ EVP and broadband networks president Tony Geheran, in the release. “This new connectivity will boost the local economy by encouraging investment and helping local businesses thrive, whether they’re established large operations or small home-based start-ups. For households, a direct fibre connection will pave the way for next-generation home entertainment and innovative smart-home technologies that promise to transform our homes and enrich our lives in ways we’ve yet to imagine.”
This investment is part of Telus’ commitment to invest $4.7 billion throughout British Columbia between 2017 and 2020.