TELUS investis USD 4.2 bn through 2020 to extend advanced communications infrastructure

TELUS (TSX:T)(NYSE:TU) will invest USD 4.2 billion in new communications infrastructure across Alberta, Canada through 2020, including more than USD 900 million this year, the company said.

This investment will extend the gigabit-enabled TELUS PureFibre network directly to thousands more homes and businesses in rural and urban communities, further strengthen 4G LTE wireless service and continue leading development and testing on next-generation 5G wireless service, and support key services including healthcare and education with new technologies.

TELUS (TSX:T)(NYSE:TU) is Canada´s fastest-growing national telecommunications company, with USD 12.9 billion of annual revenue and 12.7 million subscriber connections, including 8.6 million wireless subscribers, 1.7 million high-speed Internet subscribers, 1.4 million residential network access lines and 1.1 million TELUS TV customers.