Does Verizon Have a Debt Problem?
The headline numbers are mind-blowing. Verizon (NYSE: VZ) has $129 billion of debt and, with an expected outlay of around $40 billion needed for a new spectrum auction, its debt could grow in 2021.
On the surface, Verizon's debt load seems enormous, especially when you think about what needs to be spent to build out the 5G network after spectrum is purchased. But after a closer look, Verizon's debt might not be as bad as it seems.
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Source Fool.com
