Over the past decade, Deutsche Telekom has been the biggest spender, investing over 100 billion euros in plant, property and equipment. However, Telecom Italia leads in terms of capital intensity: It spent an extraordinary one quarter of its revenues on capex in 2015, 2016 and 2017, before scaling back to 22% in 2018 and 21% in 2019.
Pringle Media has just published a 60 page report tracking and comparing the key financial metrics of these five major telcos over the past decade: Screen shots of eight sample pages below.
Note, some of the Vodafone figures for the fourth quarter of 2019 are estimates, as the company hasn't reported for that period yet.
If you would like to purchase a PDF copy of the report, priced at 100 euros for a company-wide license, please email: firstname.lastname@example.org.