AT&T’s capex to rise to $25B in 2018—from just $21.6B in 2017—on tax reform, FirstNet

AT&T said it expects to spend up to $25 billion this year in capital expenses, a figure notably higher than most Wall Street estimates. AT&T said the increase—from around $21.6 billion in 2017—is partly due to the recently passed tax reform as well as its FirstNet efforts.
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