DT Q4 FY21 Spend: strategy on track
Spending-wise, FY22 appears set for more of the same, with DT expecting to continue increasing capital expenditure (capex) during the current year, driven by mega-projects at TDE and (particularly) TMUS. It is forecasting €19.3bn in capex during the twelve months, against pro forma spend of €17.7bn during FY21.
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