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home / news releases / arista set to benefit from rise in big tech cloud ca

VZ - Arista set to benefit from rise in big tech cloud capex: Citi

Verizon Communications Inc.

2024-04-29 09:15:01 ET

"Results from large telco providers and key suppliers continue to point to weak trends and ongoing inventory digestion," Malik noted. "Mar-Q capex for AT&T ( T ) and Verizon ( VZ ) declined by low teens and high 20s% Y/Y, respectively, with AT&T expecting a low double-digit decline in 2024 capex."...

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Arista set to benefit from rise in big tech cloud capex: Citi
Stock Information
Company Name: Verizon Communications Inc.
Stock Symbol: VZ
Market: NYSE
Website: verizon.com
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