Telus announed that it will be investing $1 billion to connect the majority of homes and businesses in the City of Vancouver directly to the company’s fibre optic network over the next five years. Once complete, Telus said that the fibre build will connect more than 400,000 homes, businesses, hospitals, community centres and municipal offices.
This new fibre optic infrastructure will also be the backbone of TELUS’ wireless network, enabling even more wireless capacity and speed. When the first Vancouver neighbourhoods are fully connected early next year local residents and businesses will be able to take advantage of home Internet speeds of up to 150 megabits per second, said Telus.
Telus also plans to offer families and businesses in Vancouver increasingly higher speeds over this gigabit-enabled network in the coming years, as demand continues to increase.
Darren Entwistle, TELUS President and CEO
Bringing fibre optic infrastructure directly to homes and businesses is a generational investment, and the most significant contribution our organization can make to propel Canada’s communications infrastructure and ensure its global competitiveness for decades to come.
Image by Mfield, Matthew Field, http://www.photography.mattfield.com (Own work) [CC BY-SA 3.0 or GFDL], via Wikimedia Commons
