TELUS Invests $2M In PureFibre, 5G Network Expansion

TELUS Corp TU invested around $2 million in the Mékinac and des Chenaux RCMs (Regional county municipalities) in 2021.
The company will fast-track the PureFibre and 5G network deployment to bridge the digital divide, drive business innovation, grass-roots charities, and support the health, agriculture, and education sectors.
TELUS’ 2021 project investments include deployment of the TELUS PureFibre network to over 1,200 families and businesses in Saint-Prosper, Saint-Stanislas, and Saint-Adelphe, extending the TELUS 5G network to select communities in the region, including in Saint-Tite, with download speeds of up to 1.7 Gbps and improving wireless coverage through a new telecommunications site to Saint-Adelphe and expanding TELUS’ 4G LTE network.
Price action: TU shares are trading 0.33% higher at $20.52 on the last check Friday.