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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