Cable / Telecom News

Telus to invest $3M in BC over three years


VANCOUVER – Telus has pledged to invest $3 million in British Columbia over the next three years to further expand its wireless and wireline broadband networks, and on the construction of Telus Garden, the company’s new Vancouver-based headquarters.

The company said that its investments will also result in the hiring of 1,300 new employees across the province – 800 this year alone to support its Optik TV and wireless growth, and an additional 500 jobs for the construction of Telus Garden.

"Telus' $3 billion investment over the next three years will support significant economic and community development in every region of British Columbia”, said president and CEO Darren Entwistle, in the announcement.  "We will continue to expand wireline broadband access to rural and remote communities and deliver the world's fastest wireless technology to almost 90% of British Columbians by the end of this year.

“We are building the communications technology and infrastructure that will help B.C. companies compete on the world stage, create local employment opportunities, and advance healthcare and education across the province."

The capital investment is consistent with Telus' overall capital expenditure guidance for 2012.

www.telus.com