No more penny pinching: Wireless carriers’ capex to surge in 2018
“Indications suggest 2018 is going to be a big year for telecom-related spending,” wrote the analysts at Wall Street Research firm Barclays in a recent note to investors. Specifically, the analysts said they expect capex among the “big four” (Verizon, AT&T, T-Mobile and Sprint) to rise by 10% this year, which would be the largest increase in the past five years.
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