Telus has recently announced a substantial investment of over $24 billion in Ontario to enhance the network infrastructure and operations across the province. This significant investment, slated to be implemented over the next five years, is aimed at fostering innovation, growth, and vibrant communities in Ontario. Additionally, a portion of this investment will be dedicated to constructing new open radio access network (ORAN) solutions to deliver faster and more reliable connections to users.
Telus had made a similar commitment last week in British Columbia, where they pledged $17 billion over five years to bolster the infrastructure in the region. These investments in Ontario and British Columbia are part of Telus' larger initiative to allocate $73 billion across Canada by 2028 to bolster infrastructure development, enhance sustainability efforts, and integrate advanced network technologies.
In further Telus-related news, the company recently reintroduced its $95 Canada-U.S. plan, catering to consumers' connectivity needs in both countries. Telus remains committed to providing high-quality services and advancing technology to meet the evolving needs and expectations of its customers.
This substantial investment by Telus signifies a strategic move towards strengthening network services, supporting sustainable practices, and driving innovation in Ontario and beyond.