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Wireless

Verizon outlines 5G expansion plans to boost revenue growth

Thursday 11 March 2021 | 08:56 CET | News
Verizon has outlined its plans to expand 5G coverage using the spectrum it acquired in the recent C-band auction. At an analysts meeting, the company said the improved services will help it accelerate services revenue growth, to at least 2 percent this year, 3 percent in 2022 and 2023 and 4 percent or more in 2024. It's committed an extra USD 10 billion in capex over the next three years to support the roll-out, on top of the projected spending this year of USD 17.5-18.5 billion. 

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Categories: Mobile & Wireless
Companies: Verizon
Countries: United States
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