Canadian telecommunication service providers outpace their international peers in capital expenditures both as a percentage of revenue and on a per subscriber basis.
Graphic comparing capital investment from facilities-based companies in Canada, Europe, the USA, Japan, and Australia for 2018 to 2022.
Capital investment as a percentage of revenue. Canadian companies invest 18.6% of their revenue. In Europe, companies invest 17.4%. In the U.S.A, companies invest 14.0%. In Japan, companies invest 13.8%. In Australia, companies invest 11.5%.
Source: PwC, Connecting Canadians through resilient networks: The impact of the telecom sector in 2022 and beyond, 2023.