More specifically, these completed capex
projects include the new Lucena and Pulilan substations, the additional capacity in San Miguel, Balintawak and Veinte Reales substations, and the additional 115-kV line from Paco substation.
A good portion of the company's capex
will also be utilized for the deployment of massive MIMO (multiple input, multiple output) technology to expand and enhance its LTE network.
The only sizable 2011 surprise came in MEA, where actual revenues and capex
were 10 and 7% lower than expected, respectively," Walker said.
The guidance for Tele2 Russia is also unchanged -- an EBITDA margin of 38-40% with capex
of some SEK2bn.
If you add to this figure the capex
for Sainsbury's, Morrisons, Waitrose and M&S, it totals over [pounds sterling]4bn (over [pounds sterling]4.
No wonder, then, that CapEx
management is at the heart of every operator's concerns, especially with regard for LTE build outs.
Infield's new "Offshore Middle East & Caspian Sea Oil & Gas Market Report to 2015" predicts a 33% increase in offshore capex
across the Middle East and Caspian over the next five years compared to 2006-10, up from $29.
Regionally, the focus for development activity will be concentrated in Asia, Eastern Europe and the Former Soviet Union (FSU) and North America, which will account for 74 per cent of total Capex
over the period 2011 to 2015.
of issuers based in these markets is forecast to grow 18 per cent this year which accounts for almost two thirds of 2010's growth, versus a more muted improvement of only four per cent from western European companies," added Griffiths.
Kearney, one of the world's leading management consulting firms in the Telecom industry has identified that regional telecom operators may reap significant benefits by implementing cost and CapEx
Pilgrim's Pride and Hershey reported the largest planned increases, with CapEx
growth of 72% and 66% to $295 million and $313 million, respectively.
Asset finance company Capex
Finance is expanding into new premises in St Paul's Square, Birmingham.