Bracing for a slowdown in 5G network spending
T-Mobile, AT&T and Verizon are all deep in the midst of spending billions of dollars to upgrade their 5G networks with midband spectrum. Initial results from the efforts are impressive: New research shows that all of the carriers are seeing noteworthy increases in the 5G speeds they can provide to customers all over the country.
But Verizon and T-Mobile have hinted that those projects will wrap up starting next year, and AT&T’s spending may decline too. As a result, all of the big 5G operators in the US could significantly cut back on their 5G capital expenses (capex) starting in 2023.