Telstra CEO Andy Penn has used a Committee for Economic Development of Australia (CEDA) event to announce a boost to the telco’s spending on its mobile network.
“Telstra is already investing billions of dollars and has been for many years,” he said in remarks prepared for the CEDA event today.
“Today I am announcing a further increase in that investment into our mobile network. We will increase our total capex investments to 15 per cent of sales for the next two years providing more than another half a billion dollars for mobiles.”
Over three years to June 2017, Telstra expects to have invested more than $5 billion into its mobile network, the CEO said.
Penn took the top job at Telstra at the start of May, replacing David Thodey.
The CEO said Telstra will build 750 new mobile base stations, increasing the total number of network sites to more than 9000.
Telstra emerged as a big winner from the government's $100 million mobile blackspot program. The government announced last month that funding from program will help fund the deployment of 429 Telstra base stations (as well as 70 Vodafone base stations).
“We will deploy in excess of 750 small cells providing in-fill in areas of low signal strength,” Penn said today.
“We will start rapidly deploying the next generation of LTE technology including voice over LTE, LTE broadcast and the next stage of LTE-Advanced delivering peak network speeds of up to 600Mbps.”
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Earlier this year Telstra hit speeds of 590 megabits per second using LTE-Advanced carrier aggregation on its network.
Penn also noted the launch of Telstra’s $100 million Wi-Fi network. Telstra Air relies on dedicated hotspots as well as shared connections from the telco’s broadband customers.