Telus is moving forward with plans to put fiber-to-the-premises (FTTP) service into the hands of more users in Alberta, Canada, thanks to a $3.4 billion investment through 2018.
When combined with operational expenses, this will bring the total Telus investment in Alberta over the next four years to more than $8.8 billion.
Under the new plan, the service provider will connect more homes and businesses in several communities directly to its fiber network while enhancing Internet speeds up to 100 Mbps.
Its fiber broadband moves in Alberta reflect a broader broadband strategy that leverages a mix of hybrid fiber/copper technologies like VDSL2 and FTTP.
FTTP has been a clear priority for Telus. In recent years it has been equipping multi-tenant dwelling units (MDUs) and major condominium buildings with fiber and bringing what it calls a managed Ethernet service to each unit.
Joe Natale, president and CEO of Telus, told investors last June during the 2014 Bank of America Merrill Lynch Global Telecom & Media Conference that it will "move fiber to the prem on a modular basis for the next many years to come."
Perhaps not surprisingly, the initial focus is on bringing fiber to Greenfield housing developments that have not been equipped with fiber yet.
Alberta is just one area that will benefit from Telus' aggressive broadband buildout drive. The service provider hatched a plan last May to invest more than $1.2 billion to expand its wireline fiber and wireless networks to reach more customers in Quebec through 2016.
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