All Capex (capital investment) articles – Page 2
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Network & Infrastructure
Vodacom pledges more cash for network and backup power expansion
Vodacom investing in network and power backup upgrades in South Africa’s Eastern Cape.
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BT FY22–23: drive for connections leaves fibre build by the wayside
Openreach presents ever‑positive results but with some targets missed as attention shift pushes out build momentum in favour of fibre uptake.
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BT FY22–23: next-gen expectations are high but Consumer treads water
BT heralds decent operational performance despite competitive market.
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BT FY22-23 Spend: investment increases, efficiencies found
Sports JV helps bring costs down as Group transformation programmes seeks out more savings.
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BT FY22-23 Guidance: sit tight for another few years
Jansen asks investors for patience as slow turnaround expected to bear fruit in coming FYs.
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BT FY22-23 Headlines: good, bad, and plenty in between
Group relies on pro forma figures to find positives.
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Deutsche Telekom Q1 FY23 Spend: inflation prompts DT-wide brainstorm on savings
Macro pressures see executives highlight new workstreams on AI and fibre roll out efficiency.
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Telefónica Q1 FY23 Spend: belt tightened another notch
As inflationary pressures continue to bite, Telefónica takes additional action on cost base reduction.
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Telefónica Q1 FY23 Guidance: for foreseeable, Telefónica votes conservative
Guarded Telefónica management reiterates low-growth outlook for FY23, despite solid Q1 numbers.
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Telefónica FY22 Guidance: keeping a lid on expectations
Management displays cautious outlook for FY23
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Telefónica FY22 Headlines: FY22’s storm weathered
Main performance lines heading in the right direction.
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Three seeks to underscore Vodafone merger rationale
Three UK and Vodafone UK are subscale with returns below the cost of capital, says former.
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BT welcomes “bold” Spring Budget but altnets left wanting more
Openreach’s fibre rollout plans will benefit from new tax policy, but altnets want more regulatory reform to protect investment.
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TDE cruises to targets despite FY22 turbulence
NatCo shrugs off difficult macro picture with decent sales and earnings growth.
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DT Q4 FY22/FY22 headlines: targets hit in choppy waters
TMUS’ strong performance (and dollar denomination) extends DT’s earnings growth run.
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DT Q4 FY22/FY22 spend: DT flags cost ‘progress required’, but unflustered
Group indicates flagship four-year indirect expense reduction programme is behind schedule.
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Elsewhere in Vodafone Group: CTO Petty trumpets savings from digitalisation
CTO Petty trumpets capex and opex savings from digitalisation.
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Telefonica Q3 FY22 guidance: Group hitting its marks, apparently
Sales, income, and capital intensity all within range, despite macro buffeting.
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Special Report
Deep dive: Vivo sets example for Telefónica peers on fibre-focused growth
Vivo presented to investors as market leader on digital in a fast-growing, young country.
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Telefónica Q2 FY22 Spend: prudence comes out to play
Group leadership seeks to soothe cost base concerns.