Global Telecom Capex Ranking 2026: AT&T, Deutsche Telekom, China Mobile, NTT and Verizon Lead Network Investment

Global telecom capital expenditure is entering a new phase in 2026 as operators shift investment from large-scale 5G coverage rollouts toward fiber, 5G-Advanced, AI infrastructure, cloud platforms, data centers, computing capacity and network automation. Telecom Capex comparison 2026 Based on announced company guidance and investment plans, AT&T is positioned among the world’s biggest telecom investors in 2026 with annual capital investment of $23 billion-$24 billion, while Deutsche Telekom expe