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General

Verizon forecasts modest revenue growth, flat earnings, higher capex in 2019

Tuesday 29 January 2019 | 13:59 CET | News
US operator Verizon reported revenues for 2018 up 3.8 percent and said it expects similar, low single-digit percentage growth in 2019. Adjusted EPS was better than expected, rising 26 percent to USD 4.71 thanks to tax benefits in Q4, but Verizon said it expects a negative impact this year from new accounting rules on leases. Capital expenditure will also increase this year as the operator ramps up its 5G roll-out. 

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Categories: General
Companies: Verizon
Countries: United States
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