Where Will Verizon Communications Be in 5 Years?
To date, Verizon is one of only three companies that has constructed a 5G nationwide wireless network within the U.S. Analysts anticipate high demand for 5G, and each company has spent tens of billions in capital expenditures on this undertaking. Verizon is staking its future on 5G. This strategy is wrought with uncertainty and has left AT&T with a debt level significantly higher than that of Verizon ($154 billion versus $117 billion).