uploads///Telecom T Mobile Q Capex

T-Mobile’s Capex Plans for 2019

By

May. 24 2019, Published 8:06 a.m. ET

T-Mobile’s capital expenditures

T-Mobile (TMUS), the third-largest US wireless carrier, has been continuously investing in capex to improve its network. In the first quarter, T-Mobile spent $1.8 billion on cash capex, excluding capitalized interest, compared to $1.3 billion in the first quarter of 2018 and $1.1 billion in the fourth quarter of 2018.

The sequential and year-over-year increase was mainly due to growth in the network build. T-Mobile continued the deployment of the 600 MHz low-band spectrum and started laying the groundwork for 5G technology.

Article continues below advertisement

Expected capex investments in 2019

T-Mobile expects its cash capex for 2019, excluding capitalized interest of $400 million, to be $5.4 billion–$5.7 billion. The target includes expenditures for 600 MHz and 5G deployment. In fiscal 2018, T-Mobile spent $5.2 billion on cash capex excluding capitalized interest.

In comparison, AT&T (T) expects its gross capex to be in the $23.0 billion range.

Advertisement

More From Market Realist

    • CONNECT with Market Realist
    • Link to Facebook
    • Link to Twitter
    • Link to Instagram
    • Link to Email Subscribe
    Market Realist Logo
    Do Not Sell My Personal Information

    © Copyright 2021 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.