Expanding world’s fastest wireless technology across Metro Vancouver, bringing Optik TV to more Surrey homes
Surrey, B.C. – TELUS will invest $20 million in Surrey in 2012 to expand 4G LTE – the fastest wireless technology in the world – to the community and introduce Optik TV to even more homes.
“TELUS’ $20 million investment will expand Optik TV to more neighbourhoods and bring the world’s fastest wireless technology to Surrey this year,” said John Leckman, director of Customer Solutions Delivery for the community. “The demand for wireless services is exploding in Surrey and TELUS is committed to making investments in infrastructure and technology to better serve our customers and community. We are deeply grateful for the hard work and outstanding commitment of our nearly 1,200 local team members and retirees and for the support of our customers.”
This significant investment is part of $3 billion in infrastructure upgrades being made across British Columbia through 2014 and builds upon the $26 billion TELUS has already invested in operations and technology throughout the province over the last 10 years.
TELUS’ commitment also extends to supporting local charities and community organisations.
“As important as our infrastructure investments are to our success, our commitment to local community organisations is near and dear to our hearts. TELUS believes deeply in the symbiotic relationship between the success of business and the welfare of our communities,” continued Leckman. “We embrace a simple philosophy – we give where we live – and we take great pride in the social outcomes we are helping to realize. Since 2000, our TELUS family of 25,000 employees and retirees in B.C. has donated over $100 million dollars and, more importantly, volunteered 2.4 million hours, with our hearts and our hands, to community and charitable organisations. Additionally, the TELUS team will contribute a further $10 million dollars to local, grassroots community projects in 2012.”
TELUS’ $20 million investment in 2012 will:
• Extend its new 4G LTE network to Surrey. 4G LTE is the most advanced, fastest wireless technology available in the world today. TELUS 4G LTE network supports manufacturers’ rated peak download speeds of up to 75 megabits per second (Mbps), with an expected average of 12 to 25 Mbps.
• Extend Optik TV to more Surrey homes this year. By the end of 2012 TELUS will expand the reach of its Optik TV service to reach 1.3 million B.C. households. At the end of 2011 TELUS had 509,000 TV customers, adding 56,000 in the final three months of the year. Optik TV provides never before seen functionality and features as well as more than 500 channels, including more than 100 in High Definition (HD). Optik TV is an IPTV based service and features applications like Facebook and remote record, an application that allows subscribers to manage their PVR recordings from any Internet connection or select smartphones. One PVR is all you need to enable every digital box in your home with the ability to pause, rewind and replay live TV, schedule recordings, access existing recordings, and pause a show in one room and pick it up in another room from the same spot.
The capital investment disclosed in this release is consistent with TELUS' overall capital expenditure guidance for 2012.
TELUS (TSX: T, T.A; NYSE: TU) is a leading national telecommunications company in Canada, with $10.4 billion of annual revenue and 12.7 million customer connections including 7.3 million wireless subscribers, 3.6 million wireline network access lines and 1.3 million Internet subscribers and more than 500,000 TELUS TV customers. Led since 2000 by President and CEO, Darren Entwistle, TELUS provides a wide range of communications products and services including wireless, data, Internet protocol (IP), voice, television, entertainment and video.
In support of our philosophy to give where we live, TELUS, our team members and retirees have contributed more than $260 million to charitable and not-for-profit organisations and volunteered 4.2 million hours of service to local communities since 2000. Eleven TELUS Community Boards across Canada lead TELUS’ local philanthropic initiatives. TELUS was honoured to be named the most outstanding philanthropic corporation globally for 2010 by the Association of Fundraising Professionals, becoming the first Canadian company to receive this prestigious international recognition.
For more information about TELUS, please visit telus.com.
Forward looking statement:
This news release contains statements about expected future events of TELUS that are forward-looking. By their nature, forward-looking statements require the Company to make assumptions and predictions and are subject to inherent risks and uncertainties. There is significant risk that the forward-looking statements will not prove to be accurate. Readers are cautioned not to place undue reliance on forward-looking statements as a number of factors could cause actual future events to differ materially from that expressed in the forward-looking statements. Except as required by law, TELUS disclaims any intention or obligation to update or revise forward-looking statements.
For more information, please contact:
TELUS Media Relations
B-roll of TELUS infrastructure projects in B.C. can be downloaded from the following FTP site: