mmO2, which is currently rebranding its operations under the O2 name, expects to spend GBP1.2 billion this year. This compares with GBP1.6 billion in the previous financial year.
The savings come partly because of network sharing – operators are teaming up, instead of building networks on their own. At the same time, major infrastructure suppliers such as Nortel, Ericsson and Nokia have cut their prices due to the collapse in demand.
