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

RTTNews | 877 hari yang lalu
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.

baca selengkapnya
Fed Minutes Reveal Officials Expect Another Rate Hike This Year

Fed Minutes Reveal Officials Expect Another Rate Hike This Year

Most Federal Reserve officials expect to once again raise interest rates before the end of the year, according to the minutes of the central bank's September monetary policy meeting released on Wednesday. The Fed said, "Most participants assessed that another increase in the target range for the federal funds rate would likely be appropriate by year end."
RTTNews | 15 menit yang lalu
Canadian Stocks Slide; TSX Down Sharply

Canadian Stocks Slide; TSX Down Sharply

The Canadian market, which slipped deeper into the red after a weak start, continues to languish in negative territory Wednesday afternoon, as stocks from materials, financials and industrials sectors reel under severe selling pressure. Elevated oil prices and bond yields have raised concerns about inflation, interest rates and global growth outlook.
RTTNews | 15 menit yang lalu
Swiss Market Ends Marginally Up

Swiss Market Ends Marginally Up

Swiss stocks swung between gains and losses on Wednesday as elevated oil prices and bond yields amid rising concerns about Middle East tensions and France's fiscal woes rendered the mood cautious.
RTTNews | 41 menit yang lalu
European Stocks Fall Amid Oil, Yields Rise On Mideast Tension

European Stocks Fall Amid Oil, Yields Rise On Mideast Tension

European stocks closed lower Wednesday as oil prices climbed on Persian Gulf vessel attacks and bond yields jumped amid France's fiscal crisis. The Stoxx 600 fell 1%, with the DAX down 1.35% and CAC 40 declining 1.22%. Pennon Group shares crashed 17% following a £550 million rights offering and dividend reduction.
RTTNews | 57 menit yang lalu
RBI Shifts To 'Calibrated Tightening' As Rate-Hiking Cycle Begins

RBI Shifts To 'Calibrated Tightening' As Rate-Hiking Cycle Begins

India's central bank hiked interest rates for the first time in nearly four years and shifted the policy stance to "calibrated tightening", suggesting that policymakers have embarked on a rate-hiking cycle as the economy navigates a myriad of worries including surging oil prices, poor monsoon, weaker rupee and the geopolitical tensions worldwide.
RTTNews | 2 jam 24 menit yang lalu
Indian Rupee Falls To Record Low After RBI Rate Decision

Indian Rupee Falls To Record Low After RBI Rate Decision

The Indian rupee weakened against the U.S. dollar in the European session on Wednesday, after the Reserve Bank of India raised its benchmark interest rates by 25 basis points and changed its monetary policy stance to calibrated tightening.
RTTNews | 5 jam 13 menit yang lalu
U.S. Dollar Rises As Trader's Focus On U.S. Fed Minutes

U.S. Dollar Rises As Trader's Focus On U.S. Fed Minutes

The U.S. dollar strengthened against other major currencies in the European session on Wednesday, as investors ?await the minutes of the Federal Reserve's September meeting for fresh clues on its monetary policy outlook.
RTTNews | 5 jam 28 menit yang lalu