Telus to invest more than $700 million in Alberta
Telus Communications Inc. www.telus.com today announced a 2009 capital plan to invest more than $700 million focuse...
April 14, 2009
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Telus Communications Inc. www.telus.com today announced a 2009 capital plan to invest more than $700 million focused primarily on advanced wireless and wireline broadband infrastructure in Alberta. This investment is expected to support more than 2,100 jobs.
Since 2000, the company has made more than $18 billion in capital and operating expenditures in the province.
Work is currently underway to build a next generation wireless network, using the most advanced mobile broadband technology. Telus expects to launch the new network, based on the latest version of a technology known as High Speed Packet Access (HSPA), in Alberta and nationally by early 2010.
The investment is expected to ensure an optimal future transition to long term evolution (LTE) technology, the emerging worldwide standard for fourth generation or 4G networks, the company said.