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What’s Verizon’s Capital Expenditure Estimate for 4Q17?

What’s Verizon’s Capital Expenditure Estimate for 4Q17?

Now we’ll take a look at Verizon’s (VZ) spending on capex (capital expenditure). In order to improve its network and acquire additional spectrum for future use, the mobile carrier has been investing largely in capex. Wall Street analysts expect Verizon’s spending on capex to reach ~$5.5 billion in 4Q17.