PH telcos investments among world’s highest – Ericson

Philippine telecoms firms have spent about 25 percent of their revenues on capital expenditures in the past few years. Global ICT firm Ericsson said this figure is higher than the investments in other members of the Association of Southeast Asean Nations (Asean) and is way above the global average of 16 percent.

In a report at the recent Philippine Telecoms Summit of the Department of Information and Communications Technology (DICT), Ericsson Philippines and Pacific Islands President and Country Manager Sean Gowran said that from 2012 to 2015, local telecom services providers invested in network infrastructure at a level significantly higher than the global average in terms of Capex/revenue.