Filing Flows › Industries › Communication Services › Telephone Communications (except Radiotelephone)
Telephone Communications (except Radiotelephone) SIC 4813
15 companies filing with the SEC under SIC 4813. Median revenue growth +6% year on year in Q2 2026 (middle half -1% to +45%, 15 companies). The growth model expects the industry's combined revenue to grow +0% in Q3 2026. 19 customer or supplier links named in annual reports.
Money flow: where the industry's revenue goes
Drawn in the browser: an estimate of where the industry's revenue goes — what it buys from other industries, the pay that reaches households, taxes and profit — beside its filed cash flow, two tiers of suppliers and its capital spending by kind of asset.
Open the industry: growth distribution, money flow, network →
Who sells to whom
Customers and suppliers named in the companies' annual reports; the share is of the supplier's revenue.
- AMT → T 17% of the supplier's revenue, $1.8B
- MTZ → T 10% of the supplier's revenue, $1.4B
- DY → T 25% of the supplier's revenue, $1.4B
- CCI → T 27% of the supplier's revenue, $1.2B
- DY → VZ 14% of the supplier's revenue, $776M
- DY → LUMN 11% of the supplier's revenue, $599M
- PLUS → VZ 24% of the supplier's revenue, $586M
- RBBN → VZ 17% of the supplier's revenue, $144M
- INSG → VZ 76% of the supplier's revenue, $126M
- NXPL → AMZN 31% of the supplier's revenue, $16.8M
- StratCap Digital Infrastructure REIT, Inc. → T 37% of the supplier's revenue, $956K
- StratCap Digital Infrastructure REIT, Inc. → VZ 31% of the supplier's revenue, $802K
- MCK → NXPL
- AMZN → NXPL
- T → ECHO
- T → SSTI
- T → SCSC
- VZ → SSTI
- CCI → VZ
Growth model
Industry revenue, the same companies year on year; 80% ranges. Fitted on SEC filings and tested out of sample (how).
| Quarter | Growth Y/Y | Revenue | 80% range |
|---|---|---|---|
| Q3 2026 | +0.3% | $69.6B | $64.7B – $74.5B |
| Q4 2026 | +0.5% | $75.2B | $68.9B – $81.6B |
| Q1 2027 | +0.5% | $71.3B | $64.9B – $77.6B |
| Q2 2027 | +0.4% | $70.9B | $64.5B – $77.4B |
Capital spending and supply chain →
Companies
| Company | Quarterly revenue | Y/Y | Stage |
|---|---|---|---|
| VZ Verizon Communications | $34.3B | -0.7% | mature |
| T AT&T | $32.3B | +2% | mature |
| LUMN Lumen Technologies | $2.7B | -9% | contraction |
| UNIT Uniti Group | $910M | +203% | deceleration |
| IDT IDT | $339M | +7% | mature |
| TDS Telephone & Data Systems | $307M | -74% | contraction |
| ATNI ATN International | $183M | +2% | mature |
| IQST iQSTEL | $109M | +51% | deceleration |
| SHEN Shenandoah Telecommunications | $93.9M | +6% | mature |
| CXDO Crexendo | $25.2M | +49% | expansion |
| NUVR Nuvera Communications | $17.7M | -0.8% | mature |
| SURG SurgePays | $16.2M | +41% | deceleration |
| NXPL NextPlat | $11.9M | -10% | transition |
| GLTK GlobalTech | $11.1M | +98% | deceleration |
| ATEX Anterix | $2.0M | +38% | transition |
Growth from positive, comparable quarterly revenue as filed; industries are SEC Standard Industrial Classification codes. Data Nov 8, 2026.