Telefonica Capex (capital spending) rose 5.6 percent to $8.07 billion (€6,019 million) in the first nine months of 2013 from one year ago period.
The telecom operator’s Capex included €997 million for acquiring spectrum in the United Kingdom, Brazil, Spain and Uruguay.
Capex in Latin America rose 2.9 percent to €3,073 million, reflecting significant investment in improvement of the network to provide innovative services.
In Brazil, Capex increased 1.7 percent to €1,387 million, mainly for developing and increasing in the capacity of 3G and 4G networks and the rollout of the fiber network.
In Argentina, Telefonica Capex grew 48 percent to €354 million for improving the fixed and mobile network, enhancing the quality of data services on both networks.
In Chile, Telefonica Capex rose 48 percent to €354 million to improve quality of data services on both fixed and mobile networks.
In Peru, Capex decreased 8.1 percent to €206 million. The focus was on expansion and improvement of the network and the development of new services.
In Colombia, Telefonica Capex increased 30.2 percent to €200 million with investment focused on the on-going improvement of the fixed broadband service, mobile data and network quality.
In Mexico, Capex enhanced 30.2 percent to €200 million. The focus was on the improvement of the fixed broadband service, mobile data and network quality.
In Venezuela, the telecom operator’s Capex increased 94.9 percent to €304 million, mainly due to investments in deploying capacity and 3G coverage and in the transmission network.
In Europe, Capex stood at €2,804 million and included spectrum in the UK (€716 million) and the license spectrum extension in Spain (€69 million).
In Spain, Capex decreased 22.9 percent to €909 million, focusing on the improvements in quality and complaint indexes and efficiency in IT. The telecom service provider also invested in fibre and LTE deployment.
In the U.K., Capex marginally increased by 0.7 percent to €1,238 million. The increased investments in the joint deployment of LTE continued with the fastest network rollout of LTE in the UK.
In German, Capex increased 3.4 percent to €468 million, focusing on LTE network, which more than doubled last year’s figure.
In Czech Republic, Capex dipped 13.2 percent to €134 million, with the company focusing on growth areas like 3G capacity extension, LTE, IPTV and VDSL.