What is the company's capex guidance for the upcoming spectrum auctions 
ad time. But you've got to have the infrastructure in place, especially in the core network. While we can always add cell sites to deliver 5G in a local market, the first starting point is inside the core, which is what we're spending on right now.
Richard Prentiss -- Raymond James -- Analyst
And people have been debating if this 2020 will be a year for a "super cycle" with 5G iconic devices coming out. How is your view in the guidance right now and also your view of what's actually going to transpire with the switching pool?
Kenneth R. Meyers -- President and Chief Executive Officer of US Cellular
Wow, too soon for me to tell. Yeah, a lot of talk about it. But I think that we're still early in the 5G deployment. And in fact, if 5G deployment isn't far enough along, we actually run the risk of a dissatisfaction with consumers if we get the super cycle change and the network isn't there because people will expect something that isn't being delivered. So something I want to be very careful with.
Richard Prentiss -- Raymond James -- Analyst
Okay, thanks Ken.
Kenneth R. Meyers -- President and Chief Executive Officer of US Cellular
Thank you. Have a great weekend.
Operator
Your next question comes from Philip Cusick from JP Morgan. Your line is open.
Reed Kern -- JP Morgan -- Analyst
Hi, this is Reed for Phil. Thanks for taking my question. It's just the fall of tower multiples have increased anywhere from a few turns to as much as five times. So especially in the context of your capex guidance in the upcoming spectrum auctions, could you share your thoughts on taking on a partner or changing your stance on monetizing those towers? Thanks.
Kenneth R. Meyers -- President and Chief Executive Officer of US Cellular
I'm sorry, Reed, I didn't hear the very beginning part of your question.
Reed Kern -- JP Morgan -- Analyst
Just talking about how tower multiples have really expanded anywhere from a few turns to five times since the fall of 2019.
Kenneth R. Meyers -- President and Chief Executive Officer of US Cellular
Okay. Yes, I think my stance on towers has been pretty consistent, maybe paying full lease out. And that is their strategic assets, and they continue to be strategic. They continue to be important as we change our network configuration with 5G, just like it has with every other technology change. But what I also said was that spectrum is a strategic asset also. And it's -- I could justify. I could use a trade of one strategic asset if it allowed me to get another strategic asset. So towers for spectrum is something that we consider. But just towers for tower's sake isn't something that was in my current plan.
Reed Kern -- JP Morgan -- Analyst
Great, thanks. And then maybe a second one separately. We've seen solid growth in cable, particularly broadband over the past year. Can you kind of estimate what the portion of out-of-territory build accounts for when you're looking at the total subscriber and revenue growth in cable? Like or in footprint markets less attractive as kind of the capex spending guidance makes it appear?
Vicki L. Villacrez -- Senior Vice President of Finance and Chief Financial Officer
So let me make sure I answer your question. And if I don't, please follow back up. But Reed, this is Vicki Villacrez. As you're looking at cable, we are expecting strong broadband growth, similar to the trends you've seen all this year into 2020. And that's really separate from our out-of-territory broadband growth, which is in our wireline segment. And that growth is really offsetting some of the secular declines that we have in our wireline base, including the commercial declines that we're seeing from our CLEC business.
Reed Kern -- JP Morgan -- Analyst
Great, thank you.
Operator
Your next question comes from Zack Silver from B. Riley, your line is open.
Zack Silver -- B. Riley -- Analyst
Okay, great. Thanks for taking the question. On the US Cellular side, you guys are emphasizing this idea of expanding addressable markets as a priority this year. Is this just a reference to the edge out expansions you guys are doi
ad time. But you've got to have the infrastructure in place, especially in the core network. While we can always add cell sites to deliver 5G in a local market, the first starting point is inside the core, which is what we're spending on right now.
Richard Prentiss -- Raymond James -- Analyst
And people have been debating if this 2020 will be a year for a "super cycle" with 5G iconic devices coming out. How is your view in the guidance right now and also your view of what's actually going to transpire with the switching pool?
Kenneth R. Meyers -- President and Chief Executive Officer of US Cellular
Wow, too soon for me to tell. Yeah, a lot of talk about it. But I think that we're still early in the 5G deployment. And in fact, if 5G deployment isn't far enough along, we actually run the risk of a dissatisfaction with consumers if we get the super cycle change and the network isn't there because people will expect something that isn't being delivered. So something I want to be very careful with.
Richard Prentiss -- Raymond James -- Analyst
Okay, thanks Ken.
Kenneth R. Meyers -- President and Chief Executive Officer of US Cellular
Thank you. Have a great weekend.
Operator
Your next question comes from Philip Cusick from JP Morgan. Your line is open.
Reed Kern -- JP Morgan -- Analyst
Hi, this is Reed for Phil. Thanks for taking my question. It's just the fall of tower multiples have increased anywhere from a few turns to as much as five times. So especially in the context of your capex guidance in the upcoming spectrum auctions, could you share your thoughts on taking on a partner or changing your stance on monetizing those towers? Thanks.
Kenneth R. Meyers -- President and Chief Executive Officer of US Cellular
I'm sorry, Reed, I didn't hear the very beginning part of your question.
Reed Kern -- JP Morgan -- Analyst
Just talking about how tower multiples have really expanded anywhere from a few turns to five times since the fall of 2019.
Kenneth R. Meyers -- President and Chief Executive Officer of US Cellular
 Okay. Yes, I think my stance on towers has been pretty consistent, maybe paying full lease out. And that is their strategic assets, and they continue to be strategic. They continue to be important as we change our network configuration with 5G, just like it has with every other technology change. But what I also said was that spectrum is a strategic asset also. And it's -- I could justify. I could use a trade of one strategic asset if it allowed me to get another strategic asset. So towers for spectrum is something that we consider. But just towers for tower's sake isn't something that was in my current plan.
Reed Kern -- JP Morgan -- Analyst
Great, thanks. And then maybe a second one separately. We've seen solid growth in cable, particularly broadband over the past year. Can you kind of estimate what the portion of out-of-territory build accounts for when you're looking at the total subscriber and revenue growth in cable? Like or in footprint markets less attractive as kind of the capex spending guidance makes it appear?
Vicki L. Villacrez -- Senior Vice President of Finance and Chief Financial Officer
So let me make sure I answer your question. And if I don't, please follow back up. But Reed, this is Vicki Villacrez. As you're looking at cable, we are expecting strong broadband growth, similar to the trends you've seen all this year into 2020. And that's really separate from our out-of-territory broadband growth, which is in our wireline segment. And that growth is really offsetting some of the secular declines that we have in our wireline base, including the commercial declines that we're seeing from our CLEC business.
Reed Kern -- JP Morgan -- Analyst
Great, thank you.
Operator
Your next question comes from Zack Silver from B. Riley, your line is open.
Zack Silver -- B. Riley -- Analyst
Okay, great. Thanks for taking the question. On the US Cellular side, you guys are emphasizing this idea of expanding addressable markets as a priority this year. Is this just a reference to the edge out expansions you guys are doi