Filing Flows › Industries › Telephone Communications (No Radiotelephone) › Capital spending and supply chain
Telephone Communications (No Radiotelephone): capital spending and supply chain
SIC 4813 · 10 companies with filed cash-flow statements
Analysis
10 companies in Telephone Communications (No Radiotelephone) (SIC 4813) spent $6.8B on capital projects over their latest twelve months, 164% of the $4.2B their operations generated; the three largest spenders — LUMN, UNIT, TDS — account for 93%.
Capital spending is 2.4% of the industry's $287.6B of annual revenue.
By the industry's asset mix most of it goes to equipment (46%); about $12.9B is imported.
The largest supplier of that spending is software publishers ($2.5B).
Its largest supplying industries, by the input-output tables: motion picture and video industries ($19.2B), wired telecommunications carriers ($17.7B), employment services ($14.9B).
Charts
Capital spending by company
| Company | Capital spending | Operating cash flow | Capex / OCF | Period |
|---|---|---|---|---|
| LUMN Lumen Technologies | $4.4B | $3.4B | 129% | TTM to Q3 2026 |
| UNIT Uniti Group | $1.3B | $506M | 265% | TTM to Q2 2026 |
| TDS Telephone & Data Systems | $644M | $34.7M | 1853% | TTM to Q3 2026 |
| SHEN Shenandoah Telecommunications | $322M | $105M | 306% | TTM to Q3 2026 |
| ATNI ATN International | $95.5M | $113M | 85% | TTM to Q3 2026 |
| NUVR Nuvera Communications | $32.2M | $20.9M | 154% | TTM to Q2 2026 |
| GLTK GlobalTech | $421K | −$3.0M | — | TTM to Q2 2026 |
| ATEX Anterix | $67K | $10.7M | 1% | TTM to Q1 FY27 |
| NXPL NextPlat | $37K | −$4.5M | — | TTM to Q2 2026 |
| IQST iQSTEL | $21K | −$3.9M | — | TTM to Q2 2026 |
Customers and suppliers named in annual reports
| Supplier | Customer | Share of supplier revenue | Evidence | Source |
|---|---|---|---|---|
| AMT | T | 17% | Stated in 10-K (XBRL) | filing |
| MTZ | T | 10% | Stated in 10-K (sentence) | filing |
| DY | T | 25% | Stated in 10-K (XBRL) | filing |
| CCI | T | 27% | Stated in 10-K (XBRL) | filing |
| DY | VZ | 14% | Stated in 10-K (XBRL) | filing |
| DY | LUMN | 11% | Stated in 10-K (XBRL) | filing |
| PLUS | VZ | 24% | Stated in 10-K (sentence) | filing |
| RBBN | VZ | 17% | Stated in 10-K (sentence) | filing |
| INSG | VZ | 76% | Stated in 10-K (sentence) | filing |
| NXPL | AMZN | 31% | Stated in 10-K (sentence) | filing |
| StratCap Digital Infrastructure REIT, Inc. | T | 37% | Stated in 10-K (sentence) | filing |
| StratCap Digital Infrastructure REIT, Inc. | VZ | 31% | Stated in 10-K (XBRL) | filing |
| MCK | NXPL | — | Stated in 10-K (named, share not stated) | filing |
| AMZN | NXPL | — | Stated in 10-K (named, share not stated) | filing |
| T | ECHO | — | Stated in 10-K (named, share not stated) | filing |
| T | SSTI | — | Stated in 10-K (named, share not stated) | filing |
| T | SCSC | — | Stated in 10-K (named, share not stated) | filing |
| VZ | SSTI | — | Stated in 10-K (named, share not stated) | filing |
| CCI | VZ | — | Stated in 10-K (named, share not stated) | filing |
The interactive money flow: switch views, follow each dollar →
Evidence grades: A filed figure · B computed from filed figures · C industry average (BEA input-output and fixed-asset tables) applied to filed figures. Estimates are not the companies’ own records. Not investment advice.