Based on the level of capital expenditure (CAPEX) that occured before the outbreak of the coronavirus (COVID-19) pandemic, the lower-case scenario predicts an overall CAPEX reduction of four percent in 2023.
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PwC. (August 11, 2020). Capital expenditure (CAPEX) in the telecommunications sector in Europe, lower case scenario forecast from 2019 to 2023 [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 22, 2026, from /statistics/1189027/telecom-capes-forecast-europe/
PwC. "Capital expenditure (CAPEX) in the telecommunications sector in Europe, lower case scenario forecast from 2019 to 2023." Chart. August 11, 2020. ÌÇÐÄÆƽâ°æ. Accessed July 22, 2026. /statistics/1189027/telecom-capes-forecast-europe/
PwC. (2020). Capital expenditure (CAPEX) in the telecommunications sector in Europe, lower case scenario forecast from 2019 to 2023. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 22, 2026. /statistics/1189027/telecom-capes-forecast-europe/
PwC. "Capital Expenditure (Capex) in The Telecommunications Sector in Europe, Lower Case Scenario Forecast from 2019 to 2023." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 11 Aug 2020, /statistics/1189027/telecom-capes-forecast-europe/
PwC, Capital expenditure (CAPEX) in the telecommunications sector in Europe, lower case scenario forecast from 2019 to 2023 ÌÇÐÄÆƽâ°æ, /statistics/1189027/telecom-capes-forecast-europe/ (last visited July 22, 2026)
Capital expenditure (CAPEX) in the telecommunications sector in Europe, lower case scenario forecast from 2019 to 2023 [Graph], PwC, August 11, 2020. [Online]. Available: /statistics/1189027/telecom-capes-forecast-europe/
