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Telefonica Germany invests 17-18% of total revenues for network expansion

Friday 22 January 2021 | 17:48 CET | News
Telefonica Germany is investing 17-18 percent of its revenues toward network expansions, CFO Markus Rolle said in an interview with Boersen-Zeitung. The company focused last year on the expansion of 4G; it will this year focus on 5G. Telefonica did not reach the target for investments in 2020 due to the coronavirus pandemic. As a result, investments have been postponed and will reach normal levels only towards the end of 2022, Rolle said.

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Categories: Mobile & Wireless
Companies: Deutsche Telekom / Telefonica Germany / Vodafone Germany
Countries: Germany
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