Broadband Provider Capital Expenditures Methodology

We analyzed capital expenditure data for wireline telecommunications, wireless telecommunications, and cable broadband providers in order to approximate industry aggregates. Other providers, such as satellite providers, telecommunications resellers, and electric utilities are excluded. Figures are rounded.  Previous years may include minor revisions. The majority of telecommunications data were taken from company financial statements, taking into account business segment reporting, mergers, and spin-offs.  Our analysis is subject to the reporting practices of individual companies.  Capital expenditures may include investment in property, plant, and equipment, capitalized software, capitalized interest during construction, corporate, directory, and other capital expenditures, and intra-company eliminations.  We made reasonable efforts to eliminate double-counting, non-U.S. investment, and non-capital spending. We made estimates for non-reporting companies. We also consulted additional market research and government sources for comparison, including the United States Census Annual Capital Expenditures Survey, the Yankee Group Global Capex Forecast 2010, the Skyline Marketing Capex Report 2010, data from the Cellular Telecommunications & Internet Association (CTIA), New Paradigm Resources Group, and the Association for Local Telecommunications Services (ALTS).  Cable data are from the National Cable & Telecommunications Association (NCTA), at www.ncta.com, citing SNL Kagan.