Deutsche Telekom Capex Update
While the German giant didn't provide guidance on its spending plans for 2009 last week, the carrier's investor relations (IR) department has kindly responded to some questions from Light Reading regarding capital expenditure (capex).
While DT doesn't provide a detailed cash capex guidance, the IR team tells us that group capex should be "at a similar level to slightly higher than in 2008," when total cash capex was €8.7 billion (US$11 billion).
In addition, the IR team notes that the "breakdown should not be significantly different to 2008." Given DT's growth in mobile, fixed broadband, and IPTV in 2008, the carrier's current vendors in those service sectors should at least be hopeful of further traction in 2009.
— Ray Le Maistre, International News Editor, Light Reading