An investment in fibre optics by Telus is being called good news for economic development in Lake Country.
Telus is investing more than $14.5 million to lay the foundation that could connect more than 90 per cent of homes and businesses in Lake Country directly to its fibre optic network.
Construction work will begin in the fall, and once the build is complete, Lake Country residents and businesses on Telus PureFibre will have access to Telus’ first-ever symmetrical 150 Mbps (mega bits per second) Internet plan, offering customers download and upload speeds of 150 Mbps.
“This investment will facilitate economic development, since fibre optic services are becoming a key factor in business decision-making when choosing a place to locate,” said Jamie McEwan, community development manager for the District of Lake Country.
“We have also had demand from residents for expanded fibre optic services and choice. This opens up many opportunities for high speed Internet connectivity. Now more than ever, communities are viewing fibre optic infrastructure similarly to other more traditional infrastructure. This initiative positions Lake Country quite positively for future growth and service expansion”
The build in Lake Country follows investments from Telus to bring fibre directly to the doorsteps of homes, businesses, schools and hospitals in all major Okanagan communities from Vernon to Osoyoos.
“Direct fibre optic network connection unleashes infinite possibilities now and into the future,” said Tony Geheran, Telus executive vice-president and president of broadband networks.
“This investment will not only dramatically enhance the connectivity residents enjoy in their homes with access to 150 Mbps download and upload speeds, it will also enable entrepreneurs and small businesses to thrive locally while reaching global audiences through the growing digital economy and support the provision of both health care and education.”