Capital expenditure, or Capex, is one of the foundations of high-quality and reliable telecommunications services. It finances the building, expansion, maintenance, and enhancement of Canada’s world-class telecommunications networks. In recent years, the telecom sector has invested more than $11 billion per year in capital expenditures.
Chart showing the capital expenditure of the Canadian telecommunications industry for both the wireless and wireline sectors from 2016 to 2022. Capital expenditures, or CAPEX, are investments made primarily to maintain or upgrade telecommunications networks. CAPEX does not include amounts spent on acquiring spectrum licenses.
In 2016, $2.325 billion CAPEX in wireless and $9.235 billion in wireline.
In 2017, $2.339 billion CAPEX for wireless and $9.722 billion for wireline.
In 2018, $2.699 CAPEX in wireless and $9.663 in wireline.
In 2019, $2.941 billion in CAPEX and $8.905 billion in wireline.
In 2020, $2.769 billion CAPEX in wireless and $8.597 billion in wireline.
In 2021, $3.438 billion CAPEX in wireless and $9.25 billion in wireline.
In 2022, $3.277 billion CAPEX in wireless and $9.720 billion in wireline.