Telecom operator Telus to invest C$16 bln in Alberta to boost connectivity
Telus has announced it will invest C$16 billion (€11 billion) in the province of Alberta over the next five years, spending on fixed and mobile networks and job creation.
The Canadian operator said it aims to connect more homes and businesses in the province to its PureFibre network, as well as laying the groundwork for the rollout of 5G. It also made all the right noises about boosting its IoT capabilities, supporting the agricultural community, and improving healthcare for the province’s population, which numbers more than 4 million.
Between 2000 and 2018, TELUS invested more than $45 billion in technology and operations in Alberta, and over the next five years TELUS plans to invest an additional $16 billion in technology and operations.
“This investment by TELUS demonstrates that Canada’s leading companies once again have confidence in Alberta. TELUS’ world-class communications infrastructure will help unleash the next generation of our innovators, and empower those job creators who can take advantage of the latest technology to move our province forward. This investment shows confidence in the Alberta economy, with the promise of 5,000 jobs to be created here over the next 5 years. Our government is committed to working with job creators, innovators and entrepreneurs to make it easier to open a start-up, grow a business or create jobs, and this incredible investment by TELUS is proof that it is paying off. We look forward to working with our partners at TELUS as they continue to enrich the lives of Albertans with a focus on innovation in healthcare technology, agricultural technology and preparations for a 5G network that will set the stage for Alberta’s future,” said Premier Jason Kenney.
Free Pre-Assessment Request
Do you want to know how your competitors are doing business?
Tell us a little about yourself below to gain data for free
WYgroup BI uses the information you provide to us to contact you about our relevant content, products, and services . You can unsubscribe from communications from HubSpot at any time. For more information, check out WYgroup’s Privacy Notice.
By continuing to browse or by clicking "Accept", you agree to the storing of first and third-party cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. I AcceptCookie Notice