Telus to Invest $16 Billion in Alberta Over the Next Five Years

Telus announced yesterday it plans to invest $16 billion in Alberta over the next five years, which will “give Albertans better access to healthcare technology; connect more homes, businesses, and schools to PureFibre; support increased IoT capabilities and agriculture technology; prepare the province for the introduction of 5G; and fast track the latest technology and applications as they emerge,” reads a press release.

The investment will also include hiring 5,000 Albertans over the same time period, while across the Telus partner ecosystem, this investment will also “support the creation of 20,000 family-supporting jobs.”

“TELUS is proud to be making this generational investment in Alberta, providing the technology to bridge geographic and socio-economic divides and connect citizens to the people, resources and information that make their lives better,” said Darren Entwistle, President and CEO of TELUS, in a statement.

Telus says between the years 2000 to 2018, it has invested over $45 billion in technology and operations in Alberta, while over the next five years, an extra $16 billion will be planned as well for the latter.

“We look forward to working with our partners at TELUS as they continue to enrich the lives of Albertans with a focus on innovation in healthcare technology, agricultural technology and preparations for a 5G network that will set the stage for Alberta’s future,” said Premier Jason Kenney.

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