Telecommunications: Finance
The question
To ask the Secretary of State for Science, Innovation and Technology, what estimate her Department has made of the level of private sector investment in telecoms networks in each year since 2020.
Answered by Kanishka Narayan
The Department has noted Ofcom’s analysis of telecoms investment in its Connected Nations UK Report 2025. Ofcom estimated that telecoms operators collectively invested £7.8 billion in 2020, £8.6 billion in 2021, £8.7 billion in 2022, £10.2 billion in 2023 and £9.2 billion in 2024. Ofcom has adjusted all figures for inflation and presented them in 2024 prices.
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