What’s AT&T’s Capex Outlook for 2018?
AT&T (T) has been investing heavily in capex to acquire additional spectrum for future use as well as improve its network. AT&T spent $5.1 billion on capex in 4Q17 and just above $21.5 billion in 2017 as it continued to focus on integrated wireless and wireline business services. AT&T expects to spend nearly $25.0 billion on capital expenditures in the full-year 2018.