Telus outlines $70B investment plan for next five years

Telus announced Tuesday it will invest more than $70 billion over the next five years to expand its network infrastructure and operations across Canada. Priorities for its investments through 2029 include enhancing connectivity, supporting Canadian AI leadership and fuelling economic growth, the Vancouver-based telecom said in a press release. Telus is pledging to bring Telus PureFibre connectivity to more homes and businesses across B.C., Alberta, Quebec and Ontario. In addition, it will deploy targeted enhancements to its 5G and LTE services at more than 500 macro and micro sites nationwide this year, significantly increasing wireless coverage and capacity, it said. Furthermore, Telus...