From Verizon Earnings Call, Could take it as a general indicator:
Operator
Your next question comes from Jennifer Fritzsch of Wells Fargo. Please go ahead with your question.
Jennifer Fritzsch
Great, thank you for taking the question. Matt if I may, I just wanted to ask on fiber we have all been brought up to be believe fiber is really expensive to deploy. And yet we see you coming into the lower end of your CapEx range. I'm not asking you for guidance on 2018, but are you seeing some savings with these XO properties. Are you deploying those laterals yet, or is that going to be more kind of a 2018 event?
And then if I also just could ask on the other element of 5G spectrum. I think [indiscernible] you feel comfortable with spectrum might that not even sit in the spectrum auction. Can you talk a little bit of how you as you look at your inventory are you feeling comfortable still with what you have? thanks.
Matthew Ellis
Yes, so I'll answer the spectrum question first. We believe that we have a great portfolio of spectrum. As you look at the 4G network only approximately 50% just over 50% of our spectrum portfolio server in that network today. We have got additional spectrum assets that will serve that network in 2018 whether that the [Refarm] (Ph) and 850 and PCS or whether it would be put in the AWS-3 to work.
And additionally as you move into the 5G world, we look forward to closing the straight path transactions and the XO spectrum transaction as head into 2018. So we are comfortable with our spectrum positions. As we think about future auctions we will wait to see what is in there or make assessments at that time. but very comfortable with the portfolio we have today.
