TELUS, Canada’s 2nd largest carrier said it will be investing $700 million in wireless and wireline systems, part of a 10 per cent boost in overall spending from last year.

The move is expected to help boost customer spending and increase new sign-ups which have been a little lower than expected this year. The upgrades will help launch high-speed packet access technology by 2010. That will allow for faster data transmission and video service on handset devices including smartphones such as Research In Motion’s BlackBerry.

TELUS is fortunate in that it is in a better financial position debt-wise than most carriers. It doesn’t have a lot of debt that is due in the next couple years, and it is therefore taking this opportunity to spend, while most carriers are cutting back.

So if you’re in the Alberta region, expect some better service coming from TELUS.

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