Capex Trend Points to Less Seasonality - Analysts

Capex Trend Points to Less Seasonality – Analysts

COMMENTS

Newest First | Oldest First | Threaded View

BRN 5/3/2014 | 11:37:57 AM

Re: Seasonality of CapEx spend In Telecom, the established firms spend isn't impacted much by the actual seasons. The first calendar quarter is traditionally low due to new budgets coming out, focus by the internal financial teams closing the previous year and scrutiny on results before launching into tremendous spend. Couple that with the vendor lead times after filling a usually higher Q4 (as noted approx 29%) for their customers and there you have it.

Reply | Post Message | MESSAGES LIST | START A BOARD

Mitch Wagner 5/2/2014 | 3:58:18 PM

Re: Capex unaffected by a harsh winter? Any reason why capex spending is reducing seasonality?

For that matter, why is it seasonal at all -- other than, as Dan noted, weather, which is a big deal in most of the country.

Reply | Post Message | MESSAGES LIST | START A BOARD

Phil_Britt 5/2/2014 | 3:43:40 PM

Re: Capex unaffected by a harsh winter? I would think that the harsh winter had an impact -- most areas of the country were affected in one way or another, not just one region. So choosing to work in better climates wasn't really an option.

Reply | Post Message | MESSAGES LIST | START A BOARD

DanJones 5/2/2014 | 12:23:49 PM

Capex unaffected by a harsh winter? It makes me wonder if capex could have been up even more if not for the godawful winter in the US this year?

For instance, housing starts in the US were down 5.9% year-on-year in Q1 in part because of the snow and the polar vortex weather.

I suppose national carriers might have a bit more flexibility in what part of the country they work over the year compared to the more local building trade.

Reply | Post Message | MESSAGES LIST | START A BOARD