Telus To Invest $17 Billion In Canada’s Alberta

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Telus, a Canadian telecommunications company, has announced plans to invest $17 billion in Alberta, one of Canada’s thirteen provinces and territories.

The agreement, which will run for four years, will see the company expand its wireless networks by investing in network infrastructure, operations and spectrum across the province.

Telus’ move is just one of the pivotal steps telecommunications companies have taken to accelerate the development of networks in rural Canada, and will also help them expand their coverage to markets where few providers exist.

Telus is also investing a total of $70 billion across Canada through 2026, an expansion deal that will eventually create 8,000 vacancies in Alberta.

While Telus is investing in rural areas to expand its reach, competitors are also taking steps to expand their reach.

Telus rival Rogers Communications is also in the process of buying Shaw Communications in a $16 billion deal to create the country’s second-largest telecommunications company.

The sources for this piece include an article in Reuters.



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