A Look at Comcast’s Capital Spending in 4Q17
Comcast (CMCSA) has a high level of capital spending since it’s focused on enhancing its network capacity, improving its investment in line extensions, and enhancing its infrastructure and theme parks. In 4Q17, its capex (capital expenditure) increased 5.4% to $2.7 billion. Its cable segment’s capex rose 2.8% to $2.2 billion, and its NBCUniversal segment’s capex was $525 million, a 13.6% rise YoY (year-over-year) from 4Q16.