Amid 5G rollout, Verizon reduces spending on network

Verizon said it will spend less on its network this year than it expected to. Specifically, the operator said it now expects to spend a total of between $16.8 billion and $17 billion on its network during the course of 2018—that range is down notably from the $17 billion to $17.8 billion the operator said at the beginning of this year it expected to spend during 2018.
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