O2 to ramp up infrastructure investment next year

12 Nov 2010

UK mobile network operator O2 UK is to boost investment in its infrastructure as it looks to cater to increased demand for data services spurred by higher sales of smartphones. According to the Press Association, O2 UK CEO Ronan Dunne said that his company was currently spending around GBP1 million (USD1.6 million) per day on its network, and it is expected that this figure will increase by around 25% in 2011. The extra funds are expected to be spent on both upgrading the cellco’s existing network, while a portion will also be directed towards the acquisition of additional spectrum.

According to TeleGeography’s GlobalComms Database, O2 UK is the largest individual British cellco by subscribers, with 24.36 million at end-June 2010, although it is has in effect been overtaken as the market leader following the tie-up between rivals Orange UK and T-Mobile UK; the duo formed a joint venture under the Everything Everywhere banner earlier this year but continue to offer services under both of their original respective brands.

United Kingdom, O2 UK