The French fixed line and wireless operator SFR has said that its overall investment will not be cut in 2013 despite the company facing increased pricing pressures in the competitive French telecoms market. Spending will be maintained at the 2012 level of between EUR1.5 billion-EUR1.6 billion (USD1.95 billion-USD2.1 billion) the company says, as it continues to invest in its fibre and 4G Long Term Evolution (LTE) network rollouts. SFR is the largest alternative operator in France behind the former monopoly France Telecom-Orange (FT-Orange).
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