Could be a good year for Valdor.

2013-05-27

TELUS INVESTING $700 MILLION THROUGHOUT ALL OF ALBERTA THIS YEAR

Telus Corp. is investing $700-million in new infrastructure and facilities across Alberta this year, part of a three-year, $2-billion commitment made a year ago and building upon the $26-billion Telus has already invested in operations and technology throughout the province since 2000.

This year, Telus' infrastructure investment will advance our services for the benefit of Albertans, by:

Connecting hundreds of new homes and businesses directly to fibre optic cable to radically increase internet speeds and capacity and power Optik TV. Called GPON, or Gigabit Passive Optical network, the technology offers customers Internet speeds up to 50 megabits per second and will enable incredibly fast Internet speeds in the future.

Further extending Optik TV service to reach nearly 90 per cent of Alberta households by the end of 2013. Telus currently has 712,000 TV customers.

The capital investment disclosed in this release is consistent with Telus' overall capital expenditure guidance for 2013.