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Telus to Invest $1.1 Billion in Ontario Through 2016 to Expand Wireless and More

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Telus has announced it will be spending $1.1 billion in Ontario through 2016 to expand its services in the province, which includes ongoing LTE network upgrades and deployment of its 700MHz spectrum.

The company says $500 million will be invested this year, the last of a three year plan from 2012, while another $600 million is earmarked for 2015 and 2016.

“TELUS is dedicated to bringing Ontarians the most advanced wireless communications infrastructure available in the world today, greater access to our advanced TELUS Health solutions, and the high-capacity connections businesses rely on to compete locally and globally,” said Darren Entwistle, TELUS Executive Chairman. “Our $1.1 billion investment through 2016 will augment our infrastructure to ensure continued innovation and economic success in communities throughout the entire province.”

The Telus 4G LTE network currently is available to over 85% of the Ontario population and will further expand, while investment will also reach their healthcare solutions, fibre optic networks, and their cloud computing data centre in the province.

Previously, Telus made similar announcements about its capital investment plans in Alberta, Quebec and British Columbia.

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  • I smell price hikes are coming from Telus.

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