Telus invests $53M in Montreal; part of a five-year commitment to Quebec
The telecom giant says it aims to help Montreal continue its technological growth
MONTREAL — Telus Corp. has announced a $53 million investment in its wireless and wireline networks in Greater Montreal in 2019 as part of a five-year billion dollar commitment in the province of Quebec.
The telecom giant says these investments aim to help Montreal continue its technological growth, while also paving the way for the arrival of 5G technology across the province.
“In a city where some of the world’s top creative and digital talent works side by side, the sky is the limit if we leverage Telus’s world-class network to boost our imagination, innovation and creativity,” said François Gratton, group president, Telus, and Chair, Telus Québec, in a prepared statement. “For us, a network is more than just a technological infrastructure. It allows us to support Montreal’s knowledge economy and contributes to economic growth. It helps support the local charities that play an important role in ensuring our communities thrive. It allows us to forge ties and experience unparalleled moments of connection. It’s also an excellent springboard to showcase local creative ingenuity around the world.”
These investments are part of a 20-year partnership agreement announced by Telus and the Old Port of Montréal Corporation (OPMC) in 2017 with the mandate to equip the site with a free high-speed WiFi zone. At the same time, Telus also announced that it would deploy Centralized Radio Access Network (C-RAN) technology to maximize the performance of its Long Term Evolution-Advanced (LTE-A) wireless network. The telco firm says this technology and its 4,000-km fibre optic network on the Island of Montreal have helped prepare its wireless networks for the impending arrival of 5G technology.
Telus explains that, in the Old Port alone, it has invested $4 million to date to create an open-air technology lab.
Nationwide, Telus says it has invested over $175 billion in its network and operations since 2000 and plans to add around $40 billion in the next three years, for a total of $215 billion.