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TELUS to invest C$20M to expand fiber optic network in Canadian city

TELUS Corp. will spend C$20 million to connect homes and businesses in the city of Port Moody, British Columbia, directly to its fiber optic network.

With construction expected to begin in the coming months, the company expects all homes and businesses to be connected in the Canadian city by the end of 2018, according to a March 29 news release.

This investment is part of TELUS' commitment to invest C$4.7 billion throughout British Columbia between 2017 and 2020.

TELUS is a Canadian telecommunications company that provides a range of communications products and services, including wireless, data, internet protocol, voice, television, entertainment and video. TELUS is also a provider of healthcare IT in Canada.