Tel­stra to lift out­lay

Townsville Bulletin - - NEWS -

TEL­STRA will plough an ex­tra $ 500 mil­lion into its mo­bile net­work as it looks to keep ahead of Op­tus. Tel­stra chief ex­ec­u­tive Andy Penn said the telco would lift ex­pen­di­ture on its net­work to $ 5 bil­lion over three years to 2017. “Our fo­cus has al­ways been to have the best net­work in Aus­tralia,” he said yesterday. “We’ve been in­vest­ing at the bil­lion dol­lar- plus level in our mo­bile net­work for a very, very long time and it’s what we be­lieve is the right level of in­vest­ment to con­tinue to ex­pand our net­work.” Op­tus is spend­ing more than $ 1.7 bil­lion over the next year on its net­work.

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