Convergence and SDN are the heart of Verizon’s bid to slash network costs When President Trump announced tax reform legislation at the end of last year, both AT&T and Verizon said the unexpected windfall would enable them to accelerate investment in 5G and new network architectures. Verizon, unlike AT&T, did not announce a direct boost to its absolute capex figure, but the impact on its deployment program, to support 5G and increased convergence, is starting to become clear. In AT&T’s case, the reduction of corporation tax from 35% to 21% led to a direct boost in the capex budget, to the tune of $1bn in 2018 (to nearly $25bn). Verizon did not announce a rise in its absolute capex figure,…