Swisscom remains committed to maintaining the high quality and availability of its network infrastructures. In Switzerland this involves making targeted investments in ultra-fast broadband network expansion, migrating to an All-IP-based infrastructure, and ensuring a state-of-the-art mobile network.See report
In Italy, Fastweb operates a network comprising a proprietary fibre-optic network and a copper-based broadband access infrastructure. Fastweb is also systematically expanding this network infrastructure.
|In CHF million, except where indicated||2015||2014||Change|
|Fixed access & Infrastructure||509||464||9.7%|
|Expansion of the fibre-optic network||435||440||–1.1%|
|Projects and others 1||394||387||1.8%|
|Other operating segments||48||38||26.3%|
|Group Headquarters and elimination||(19)||(28)||–32.1%|
|Total capital expenditure||2,409 2||2,436 2||–1.1%|
|Thereof foreign country||587||685||–14.3%|
|Total capital expenditure as % of net revenue||20.6||20.8|
1 Including All IP migration.
2 Excluding capital expenditure of CHF 18 million (2014: CHF 24 million) in real estate projects, for which sales contracts were concluded and the purchasers made payments in the same amount.
By contrast, Fastweb reduced its capital expenditure by CHF 101 million or 14.8% to CHF 581 million in 2015, largely as a result of the lower EUR exchange rate. This corresponds to a reduction of EUR 21 million or 3.7% to EUR 541 million in local currency terms, and was mainly due to lower investment in network infrastructure resulting in a ratio of capital expenditure to revenue of 31.2% (prior year: 33.3%). Around 34% of total capital expenditure was directly related to customer growth.