Telus spending $700 million to upgrade its Alberta fibre net

EDMONTON and CALGARY – Telus announced today it is investing $700 million to connect hundreds of Alberta homes and businesses to its fibre optic cable network. Today’s announcement is part of the telco’s three-year, $2 billion infrastructure and facilities investment made a year ago. Since 2000, Telus has invested $26 billion in operations and technology throughout the province This year’s infrastructure investment of $700 million will be used to connect homes and business to Telus’s Gigabit Passive Optical network (GPON), which offers internet speeds of up to 50 MB per second, and to further extend its Optik TV service to...