Swisscom remains committed to maintaining the high quality and availability of its network infrastructures. In Switzerland this involves making targeted investments in ultrafast broadband network expansion, migrating to an All-IP-based infrastructure, and modernising the mobile network to the latest mobile network standards. In Italy, Fastweb is also systematically expanding the network infrastructure.See report
|In CHF million, except where indicated||2017||2016||Change|
|Fixed access & infrastructure||486||511||–4.9%|
|Expansion of the fibre-optic network||469||476||–1.5%|
|Projects and others 1||321||361||–11.1%|
|Other Operating Segments||58||49||18.4%|
|Group Headquarters and eliminations||(26)||(21)||23.8%|
|Total capital expenditure||2,378||2,416||–1.6%|
|Thereof foreign countries||700||642||9.0%|
|Total capital expenditure as % of net revenue||20.4||20.8|
1 Including All IP migration.
Fastweb increased its capital expenditure year-on-year by CHF 59 million or 9.3% to CHF 692 million. In local currency, the rise amounted to EUR 41 million or 7.1% to EUR 622 million. Fastweb is continuing the expansion of the broadband networks in Italy as planned. The rise in capital expenditure is primarily the consequence of higher customer-driven investment. The ratio of capital expenditure to revenue was 32.0% (prior year: 32.4%).