|In CHF million, except where indicated||2020||2019||Change|
|Fixed access and infrastructure||439||456||–3.7%|
|Expansion of the fibre-optic network||519||494||5.1%|
|Projects and others||259||262||–1.1%|
|Other Operating Segments||44||47||–6.4%|
|Group Headquarters and eliminations||(43)||(37)||16.2%|
|Total capital expenditure||2,229||2,438||–8.6%|
|Thereof foreign countries||633||668||–5.2%|
|Capital expenditure as % of net revenue||20.1||21.3|
Capital expenditure fell by CHF 209 million or 8.6% year-on-year to CHF 2,229 million, corresponding to 20.1% of net revenue (prior year: 21.3%). The figure for the previous year includes expenditure of CHF 196 million for mobile radio frequencies in Switzerland. Adjusted for this expenditure, capital expenditure was almost unchanged compared with the previous year. Switzerland accounted for CHF 1,596 million or 72% of the investments. Compared with the previous year, they increased by CHF 22 million or 1.4%, excluding mobile radio frequencies.
Capital expenditure incurred by Swisscom Switzerland increased by CHF 162 million or 9.2% year-on-year to CHF 1,599 million, corresponding to 19.3% of net revenue (prior year: 20.5%). The figure for the previous year includes expenditure of CHF 196 million for mobile radio frequencies. Capital expenditure on mobile network expansion and the expansion of fibre-optic broadband in the fixed network increased.
Fastweb reduced its capital expenditure by CHF 38 million or 5.7% to CHF 629 million. In local currency, capital expenditure decreased by EUR 12 million or 2.0% to EUR 587 million. The volume of capital expenditure remained at a high level overall, driven by the further expansion of the ultra-fast broadband networks. The ratio of capital expenditure to net revenue fell as a result to 25.5% (prior year: 27.0%).