Telstra to increase mobile network investment by USD371m over next two years

9 Jul 2015

Australia’s largest cellco by subscribers Telstra will increase network funding for the next two years to 15% of sales, ZDNet Australia reports, citing comments made the operator’s CEO Andrew Penn in his inaugural keynote address.

With Penn confirming that his company would commit to increasing capital expenditure on building its mobile network by an additional AUD500 million (USD371 million) over the next two years, the executive said: ‘In total, over three years to June 2017, we expect to have invested more than AUD5 billion into Telstra’s leading mobile network.’ In terms of coverage, Telstra has said it expects to have expanded its 4G network footprint to 99% of the population by the end of 2017, and to achieve this, the extra funding will enable the construction of 750 new base stations, bringing the cellco’s total to more than 9,000 nationwide. Meanwhile, it has also been confirmed that Telstra intends to continue upgrading its infrastructure to allow for the introduction of voice-over-LTE (VoLTE) and LTE Broadband technologies, and the expansion of LTE-Advanced (LTE-A) – which it offers under the 4GX banner – with Penn noting: ‘By fully leveraging our superior spectrum holdings, we will create new levels of coverage and performance leadership for 4GX.’

Australia, Telstra (incl. Belong)