In: Accounting
In using Verizon Communications Inc 2017 to 2019 SEC 10K Annual financial statements reports( Balance sheet, Income Statement and Cash Flow Statement) describe Verizon's Capital Expenditures and Investment Decisions.
Varizon Capital Expenditures
Verizon Communications Inc. hiked its expected capital expenditure range for 2020 to between $17.5 billion and $18.5 billion in a bid to speed up its move to next-generation 5G networks.
The figures are up from the U.S. carrier's previous forecast range of $17 billion to $18 billion.
Operators continue to invest through the roiling economic picture, including lifting scalable infrastructure, or SI, spending for increased bandwidth. Though operators are servicing a reduced number of residential subscriptions across the traditional triple play, declining penetration rates have not significantly crimped footprint expansion represented in line extension capex.
Spending Trend
Investment Decision
Basically company undersrand the user need in amid lockdown , They observed that people are not using so much data as compared to when industries were working. After surveying it comes to company knowledge that customer did not get satisfied network inside market.
Here company investment decision comes if customer get good network they would definitely pay good amount & idea got work.Verizon added that it has not seen any "measurable" increase in data use since the onset of the new coronavirus outbreak. The company committed to boosting the capacity of its wireless and fiber networks in response to a potential increase in data usage demand.