TELUS To Invest $17 Bln To Enhance Network In British Columbia Over Next Five Years

RTTNews | 473 dagar sedan
TELUS To Invest $17 Bln To Enhance Network In British Columbia Over Next Five Years

(RTTNews) - Telecom company TELUS Corp. (TU) announced Monday it will invest $17 billion to significantly expand and improve its network infrastructure and operations across British Columbia over the next five years.

This investment is also part of a larger commitment to deploy $73 billion across Canada by 2028 to develop infrastructure, improve sustainability and advance its network technology.

Since 2000, TELUS has invested more than $63 billion in British Columbia to build and develop network infrastructure, operations and spectrum, connecting families and businesses to its world-leading 5G and TELUS PureFibre networks.

TELUS has already connected more than 1.9 million homes and businesses in B.C. with TELUS PureFibre, including more than 280,000 in rural areas.

From 2000 through 2023, TELUS has invested $259 billion nationally in network infrastructure, operations and spectrum, including more than $63 billion in British Columbia. These investments are consistent with TELUS' capital expenditure guidance for 2024.

read more
U.S. Consumer Prices Increase In Line With Estimates In July

U.S. Consumer Prices Increase In Line With Estimates In July

Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to closely watched data released by the Commerce Department on Friday. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.2 percent in July after climbing 0.3 percent in June. The uptick matched expectations.
RTTNews | 35 minuter sedan
German Unemployment Exceeds 3 Mln

German Unemployment Exceeds 3 Mln

Germany's unemployment exceeded the three million-mark for the first time in a decade in August as the prolonged period of subdued economic activity weighed on the labor market. The number of unemployed persons increased by 46,000 from the previous year to 3.025 million in August. However, unemployment fell by adjusted 9,000 compared to the previous month, while it was forecast to increase by 1
RTTNews | 1h 5minuter sedan
Pound Slides Against Majors

Pound Slides Against Majors

The British pound weakened against other major currencies in the European session on Friday, weighed down to a large extent by the weakness in the financial sector, amid reports of likely imposition of windfall tax on banks.
RTTNews | 2h 19minuter sedan
FTSE 100 Weak Again, Looks Headed For Weekly Loss

FTSE 100 Weak Again, Looks Headed For Weekly Loss

U.K. stocks are trading lower on Friday, losing ground for a fourth straight session, weighed down to a large extent by the weakness in the financial sector, amid reports of likely imposition of windfall tax on banks.
RTTNews | 2h 51minuter sedan