Filing Flows › Industries › Communications Services, NEC › Capital spending and supply chain
Communications Services, NEC: capital spending and supply chain
SIC 4899 · 11 companies with filed cash-flow statements
Analysis
11 companies in Communications Services, NEC (SIC 4899) spent $2.4B on capital projects over their latest twelve months, 342% of the $702M their operations generated; the three largest spenders — ASTS, ECHO, CCOI — account for 88%.
Capital spending is 11.2% of the industry's $21.5B of annual revenue.
By the industry's asset mix most of it goes to equipment (54%); about $989M is imported.
The largest supplier of that spending is light truck and utility vehicle manufacturing ($178M).
Its largest supplying industries, by the input-output tables: wired telecommunications carriers ($1.5B), other real estate ($1.3B), imports ($1.1B).
Charts
Capital spending by company
| Company | Capital spending | Operating cash flow | Capex / OCF | Period |
|---|---|---|---|---|
| ASTS AST SpaceMobile | $1.5B | −$145M | — | TTM to Q2 2026 |
| ECHO EchoStar | $449M | −$84.0M | — | TTM to Q3 2026 |
| CCOI Cogent Communications Holdings | $158M | $15.8M | 999% | TTM to Q3 2026 |
| IRDM Iridium Communications | $113M | $390M | 29% | TTM to Q3 2026 |
| GOGO Gogo | $72.8M | $59.9M | 122% | TTM to Q3 2026 |
| GSAT Globalstar | $48.1M | $473M | 10% | TTM to Q3 2026 |
| SPIR Spire Global | $33.7M | −$65.9M | — | TTM to Q2 2026 |
| CALX Calix | $21.3M | $83.5M | 26% | TTM to Q3 2026 |
| KVHI KVH Industries | $7.7M | $1.9M | 413% | TTM to Q3 2026 |
| BZFD BuzzFeed | $1.4M | −$15.3M | — | TTM to Q2 2026 |
| OBAI Our Bond | $53K | −$12.3M | — | TTM to Q2 2026 |
Customers and suppliers named in annual reports
| Supplier | Customer | Share of supplier revenue | Evidence | Source |
|---|---|---|---|---|
| VSAT | U.S. government | 16% | Stated in 10-K (sentence) | filing |
| IRDM | U.S. government | 29% | Stated in 10-K (sentence) | filing |
| BZFD | AMZN | 28% | Stated in 10-K (sentence) | filing |
| T | ECHO | — | Stated in 10-K (named, share not stated) | filing |
| ANET | CCOI | — | Stated in 10-K (named, share not stated) | filing |
| CSCO | CCOI | — | Stated in 10-K (named, share not stated) | filing |
| TMUS | ECHO | — | 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.