TELUS to SPEND650M for extending and improvising network in Alberta

For upgrading its networks to improve service, the telecom company in EDMONTON, Telus has announced to expand $650 million in Alberta in 2010.

In a statement, TELUS told that it aims to extend the coverage and speed of wireless and wire line broadband services.

For extending the coverage of high speed internet and digital TV, $700 million has been already spent the previous year.

Darren Entwistle occupying the position of both CEO and president in the company said that more than $21 billion has been spent in 2000 in Alberta for the capital investment for setting the same in Alberta as well as the operating expenses.

Entwistle said in a statement that the huge investment commitment has enabled the company to be the 2nd in the world delivering advanced Internet services and high definition digital TV.

“Fastest and biggest network in Alberta and Canada” are said to be launched by the company in November 2009 and in line with this Telus has expressed its intention to expand wireless broadband network across Alberta until it becomes the largest. This new network is said to provide speed up to 21 megabyte per second and covers large parts of Albertans from Slave Lake to Pincher Creek and Grande Cache to Lloydminster.

On Wednesday, Toronto Stock Exchange displayed shares of Telus at C$35.74, 4 cents up while New York Exchange displayed then 6 cents lower at $33.92.
Globalive’s, the competitor of Telus has lately launched the Wind Mobile service and other competitors are soon likely to enter the market.

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Senator Conroy puts Telstra break up in Jeopardy

The communication minister of Australia, Stephen Conroy, had defied the government order to look into the intricacies of a deal and also prepare and submit a report on the same.
Basically, it was the second time that the Communication Minister had failed to submit the report on the topic under discussion which was whether the National Broadband Network (NBN) is economically and logistically viable or not.

The deadline for submitting a report on the $25 million worth study undertaken on the subject itself by KPMG and McKinsey, was on Thursday, but apparently the minister could not meet this deadline as well. It was after this that the minister refused to comply with the orders of the Senate in an open act of defiance. No reason or grounds of justification have been cited for the same and everyone is taken aback the Conroy’s act.

But it’s the government who will stand to lose the most as its failure to present all the important documents will jeopardize the smooth processing of the NBN project and may be the hot shots of the country may after all withdraw their support from the consensus to break up of Telstra.
According to the Senator, the document or the study on NBN is has very optimistic implications for the overall project and says that some of its recommendations are very surprising. Apparently, the NBN project and the deal with Telstra is overdue since long now as no consensus is being reached with Telstra officials over the cost aspect.

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