Ever wonder about telecom capital expenditures?
Telecom Carrier Spending Entering New Era Marked by Diverse Regional Trends: "Worldwide telecom service provider capital expenditures grew 2.9 percent year-over-year in 2014, to US$352 billion, according to the latest IHS Infonetics."
Bench-marking a best practice in telecom capital allocation: there is an interesting paper to download from PWC (consulting firm)
What does the process look like for a carrier on CAPEX? PWC Telecom CAPEX expenditure process
2013 CBEY $ 15M per quarter; "Total capital expenditures were $14.2 million during the first quarter of 2014, of which $12.9 million were cash capital expenditures." On about $450M in annual revenue ($111M per quarter so about 11% of revenue on CAPEX) [SEC]