Vodafone Australia set to spend nearly $2 billion on its network
The war for the best network in Australia is really heating up.
As part of its report into its performance for the prior six months, released today, Vodafone Australia has also announced a plan to spend nearly $2 billion on improvements to its Australian mobile network.
That sum will cover improvements already announced, including 450 regional sites, 1800 new or improved sites nationwide, as well as the payments needed for the 700Mhz spectrum it will acquire from 1 April next year. That 700Mhz spectrum alone will account for nearly $300 million of Vodafone's mobile spending spree.
Vodafone also signalled that it plans to push forward aggressively, having grown its customer base by 3.5% on a year-on-year basis to 5.7 million Australian customers. In the second half of the year we should see a revamp of its postpaid plans, as well as the launch of its fixed line NBN broadband services.
Vodafone has been busy putting the shine on a range of its services, including planned and rolling improvements in coverage for Tasmania and New South Wales and the announcement of its offer of "free" 4G data services for Vodafone NBN customers while they wait for their fixed line NBN connection to be installed.
Vodafone isn't alone, however, in announcing large spending plans for Australian mobile networks, with Optus recently revealing plans to spend $1 billion on improving its regional mobile coverage.
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