EDMONTON – Telus will invest $4.2 billion in new infrastructure and facilities across Alberta through 2018, including $1 billion this year alone, the company announced Monday.
Telus said that the funds will be used to expand fibre optic Internet access, increase wireless speeds, expand rural coverage with LTE, expand the reach of its healthcare solutions, offer Internet of Things solutions, and enhance its television service with more content and a new theme pack structure.
"Telus networks now reach 99 per cent of the province, making Alberta one of the most connected places on the planet. Over the next four years, Telus will invest $4.2 billion to link homes, hospitals, clinics, doctors and pharmacists, schools, libraries and municipal governments directly to our fibre optic network, bringing advanced broadband services to rural and urban communities”, said executive chair Darren Entwistle, in the news release. “This will give more Albertans access to world-class education programmes, economic development opportunities and critical healthcare solutions in their homes, at work or when they are on the move with their smartphone or tablet.”
The capital investment is consistent with Telus' overall capital expenditure guidance for 2015.
