TELUS plans $4.2B Alberta infrastructure investment

EDMONTON—Canadian telecommunications company TELUS says it intends to invest $4.2 billion in new infrastructure and facilities across Alberta through 2018, with $1 billion of that scheduled in 2015.

TELUS Executive Chairman Darren Entwistle says the money will be used to link businesses, homes, hospitals, schools, libraries and municipal governments to its fibre optic network.

He says TELUS is also continuing construction on a $400 million office building in Calgary.

“TELUS is showing confidence in the Alberta economy, and creating the jobs and infrastructure people will rely on for years to come,” said Premier Jim Prentice. “We appreciate the company’s commitment to growth, and their ability to bring the best technology to Albertans’ doorsteps.”