What is the expected annual FCC support revenue in the U.S. Virgin Islands after it drops by third year
 ask. It sounds like margins will stay somewhat muted in the short term with revenue growth slightly better margins in the future. But how should we think about aspiration to international markets. Are we heading going into the low-30% or below 30% range in the near-term and when you get back to mid-day result what kind of profile do you think of international margins?
Michael T. Prior -- President and Chief Executive Officer
I don't necessarily want to give a target, certainly for the near term. But I think a healthy integrated telecom in those areas. Once you've gotten to maturity is certainly on the higher end of that range you're talking about, I think, is where I would expect to be.
Richard Prentiss -- Raymond James -- Analyst
And last one for me. You touched on a little bit the opportunities of mid-model fiber, fixed wireless connectivity. How should we think about, again, kind of aspirationally, what you're thinking as far as putting capital to work? And I would also throw in maybe private network enterprise 5-G Systems, like you talked about with some of the band like. How should we think about aspirational Capex spending and returns you might achieve?
Michael T. Prior -- President and Chief Executive Officer
Yes. I think when we look at it, we want to -- when we're putting capital to work in these new areas we want to be sort of minimum mid-teens returns as targets. What we found with a lot of the build-out projects is the initial, especially, say, a new fiber build with anchor tenants. There are some you do on the lower end of returns on that initial contract because of the value of having build that asset and future revenue ads we can put on it. So I think it depends on the situation. Then a lot of the things we are talking about recently, we actually have either committed spend by wholesale or enterprise customers covering most of the capital expenditure and in many cases, all upfront or we have government subsidies doing that or we have a combination.
So it depends. But in a lot of the cases, we have commitments or clear line of sight to cover the original Capex right away. And then it's really about growing revenues on top of that.
Richard Prentiss -- Raymond James -- Analyst
Any kind of goalpost, as far as how much money you might be thinking of spending on the Capex side, as we look out over the next one, two, five years?
Justin D. Benincasa -- Chief Financial Officer
Rick, I think we'll be better on that one in the fourth quarter to talk more about. Usually, when we kind of lay out the rest of the year, 2022. But I think directionally, Rick, I think we see a fair amount of opportunity. We look at every opportunity based on risk and return. But I would expect that we'll have opportunity to make some nice investments going forward to secure growth. And just our view is once you -- sort of the first to fiber or one of two large infrastructure providers for a community or a larger community, you are -- that's a very valuable asset with a lot of long-term earnings potential and cash flow potential, as well as sort of optionality to provide additional services.
So we're going to tend to lean forward into those opportunities, but we're still going to put them through the discipline of a conservative return analysis.
Richard Prentiss -- Raymond James -- Analyst
Okay. Period. Thanks guy very well.
Justin D. Benincasa -- Chief Financial Officer
Yea. You too.
Operator
Our next question comes from the line of Greg Burns of Sidoti & Company. Your line is open.
Greg Burns -- Sidoti & Company -- Analyst
Morning. How much FCC support revenue are you still getting in the U.S. Virgin Islands? Like how much was in this quarter?
Justin D. Benincasa -- Chief Financial Officer
We're getting about $10.9 million annually right now.
Greg Burns -- Sidoti & Company -- Analyst
And that one, just remind me what -- for what period it went down?
Justin D. Benincasa -- Chief Financial Officer
It was about $16 million, and it drops by third year, and it started in July.
Greg Burns -- Sidoti & Company -- Analyst
And then in terms of your
 ask. It sounds like margins will stay somewhat muted in the short term with revenue growth slightly better margins in the future. But how should we think about aspiration to international markets. Are we heading going into the low-30% or below 30% range in the near-term and when you get back to mid-day result what kind of profile do you think of international margins?
Michael T. Prior -- President and Chief Executive Officer
I don't necessarily want to give a target, certainly for the near term. But I think a healthy integrated telecom in those areas. Once you've gotten to maturity is certainly on the higher end of that range you're talking about, I think, is where I would expect to be.
Richard Prentiss -- Raymond James -- Analyst
And last one for me. You touched on a little bit the opportunities of mid-model fiber, fixed wireless connectivity. How should we think about, again, kind of aspirationally, what you're thinking as far as putting capital to work? And I would also throw in maybe private network enterprise 5-G Systems, like you talked about with some of the band like. How should we think about aspirational Capex spending and returns you might achieve?
Michael T. Prior -- President and Chief Executive Officer
Yes. I think when we look at it, we want to -- when we're putting capital to work in these new areas we want to be sort of minimum mid-teens returns as targets. What we found with a lot of the build-out projects is the initial, especially, say, a new fiber build with anchor tenants. There are some you do on the lower end of returns on that initial contract because of the value of having build that asset and future revenue ads we can put on it. So I think it depends on the situation. Then a lot of the things we are talking about recently, we actually have either committed spend by wholesale or enterprise customers covering most of the capital expenditure and in many cases, all upfront or we have government subsidies doing that or we have a combination.
So it depends. But in a lot of the cases, we have commitments or clear line of sight to cover the original Capex right away. And then it's really about growing revenues on top of that.
Richard Prentiss -- Raymond James -- Analyst
Any kind of goalpost, as far as how much money you might be thinking of spending on the Capex side, as we look out over the next one, two, five years?
 Justin D. Benincasa -- Chief Financial Officer
Rick, I think we'll be better on that one in the fourth quarter to talk more about. Usually, when we kind of lay out the rest of the year, 2022. But I think directionally, Rick, I think we see a fair amount of opportunity. We look at every opportunity based on risk and return. But I would expect that we'll have opportunity to make some nice investments going forward to secure growth. And just our view is once you -- sort of the first to fiber or one of two large infrastructure providers for a community or a larger community, you are -- that's a very valuable asset with a lot of long-term earnings potential and cash flow potential, as well as sort of optionality to provide additional services.
So we're going to tend to lean forward into those opportunities, but we're still going to put them through the discipline of a conservative return analysis.
Richard Prentiss -- Raymond James -- Analyst
Okay. Period. Thanks guy very well.
Justin D. Benincasa -- Chief Financial Officer
Yea. You too.
Operator
Our next question comes from the line of Greg Burns of Sidoti & Company. Your line is open.
Greg Burns -- Sidoti & Company -- Analyst
Morning. How much FCC support revenue are you still getting in the U.S. Virgin Islands? Like how much was in this quarter?
Justin D. Benincasa -- Chief Financial Officer
We're getting about $10.9 million annually right now.
Greg Burns -- Sidoti & Company -- Analyst
And that one, just remind me what -- for what period it went down?
Justin D. Benincasa -- Chief Financial Officer
It was about $16 million, and it drops by third year, and it started in July.
Greg Burns -- Sidoti & Company -- Analyst
And then in terms of your