Canada’s Telus will make an investment of 1 billion Canadian dollars to expand fiber optic networks in Edmonton. The operator targets to provide connectivity to 90 percent of the homes and businesses in Edmonton to its high speed, high bandwidth fiber optic networks. One billion dollar investment will stimulate employment and economic growth, and allow healthcare providers, educators, and technology companies to reimagine how they deliver services
The construction and connectivity work utilizing $1 billion in Edmonton will continue for almost six years as per the company’s estimations. News from Telus states that when the service is launched in Edmonton, which is scheduled for later this year, local residents and businesses would be able to take advantage of Internet speeds of up to 150 megabits per second. Such speeds are made possible by a direct fiber optic network connection. In coming years, TELUS plans to offer residential and business subscribers in Edmonton increasingly higher speeds over this gigabit-enabled network. Importantly, local healthcare providers, educators, and technology companies will also be able to draw upon the network to completely re-imagine how they deliver existing services and develop entirely new solutions.
$1 billion investment in Edmonton will create Canada’s largest urban center with nearly ubiquitous access to the fastest and most reliable Internet services to dramatically improve the way Edmontonians live, work and socialize in a digital world, said Telus officials. TELUS network will connect citizens by linking homes, hospitals, clinics, doctors, pharmacists, businesses, schools, libraries, and municipal governments directly to our fiber optic network, bringing advanced broadband services and unparalleled security to the entire connected community. Less than 10 percent of North Americans are currently linked to a fiber optic network. TELUS is providing a distinct advantage to the city and its citizens who will ultimately have superior access to economic growth opportunities, critical healthcare solutions, world-class education programs, and exciting social applications to enhance their fast-moving consumer lifestyles.
Edmonton residents can expect to see the TELUS team across the city neighborhood by neighborhood, knocking on doors to discuss connecting homes and businesses directly to TELUS’ fiber optic network and installing infrastructure. There is no requirement to be a current TELUS customer to be connected to the network, nor are there any conditions to purchase services once the network construction is complete.
Telus revealed its plan to invest an additional $4.2 billion in Alberta through 2018. When combined with operational expenses, this will bring the total Telus investment in Alberta over the next four years to more than $11 billion. By 2018, Telus will have invested more than $45 billion in Alberta since 2000 to further extend advanced telecommunications infrastructure and services, ensuring sustained innovation and fueling economic growth.
Telus is Canada’s fastest-growing national telecommunications company, with $12.1 billion of annual revenue and 13.9 million customer connections, including 8.3 million wireless subscribers, 3.1 million wireline network access lines, 1.5 million high-speed Internet subscribers, and 937,000 TELUS TV customers. TELUS provides a wide range of communications products and services, including wireless, data, Internet protocol (IP), voice, television, entertainment, and video, and is Canada’s largest healthcare IT provider.