Telus Secures New Spectrum Licenses in B.C. and Alberta
Telus has recently secured new spectrum licenses in British Columbia and Alberta for a total of $317.6 million. This acquisition was made during the government’s residual spectrum auction, focusing on the unsold 3,800 MHz band licenses.
Significance of the 3,800 MHz Band
The 3,800 MHz band is classified as mid-range spectrum. This spectrum is particularly desirable due to its capacity to support numerous mobile data connections while covering extensive areas.
CEO Statements on 5G Growth Strategy
Darren Entwistle, the CEO of Telus, emphasized that this new acquisition is pivotal for the advancement of the company’s 5G growth strategy. He stated that the additional spectrum will enhance existing holdings, facilitating the deployment of emerging 5G applications.
Key Details of the Acquisition
- Region: British Columbia and Alberta
- Cost: $317.6 million
- Spectrum Type: 3,800 MHz band
- Purpose: Support 5G applications and increase mobile connectivity
This strategic move reinforces Telus’s commitment to expanding its network capabilities and improving service efficiency. By acquiring this spectrum, Telus is well-positioned to enhance its offerings in a rapidly evolving telecommunications landscape.