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Telus investing $300 million in Edmonton this yr

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Telus has introduced that it’s investing $300 million in Edmonton this yr as a part of its $14.5 billion funding in Alberta by way of 2024.

The Vancouver-based nationwide provider says it is going to proceed to deploy its 5G community speeds to Edmonton. The provider says 153 communities may have entry to its 5G community by the tip of the yr.

“Telus is proud to make this generational investment in Edmonton, providing the technology to connect citizens to loved ones, as well as vital resources and information as we continue to navigate the global pandemic,” mentioned Telus CEO Darren Entwistle in a press release.

“As we look ahead with optimism to a period of social and economic recovery, our investments are enabling more Albertans with world-best connectivity to work, learn, socialize, access entertainment and transact safely and effectively from their homes.”

Telus says that by the tip of the yr, greater than 70 p.c of the Canadian inhabitants may have entry to its 5G community, which is claimed to supply speeds of as much as 1.7Gbps. It just lately expanded its 5G service to Cochrane, Alberta and Laval, Quebec.

The provider estimates that 5G will create 250,000 jobs and contribute $150 billion to the financial system over the subsequent 20 years.

Telus is amongst many others at the moment taking part within the authorities’s 3500MHz spectrum public sale that started final month. The spectrum is vital for the deployment of the subsequent technology of wi-fi expertise throughout the nation.

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Written by Gideon

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