Industry: Operators of fixed—line telecommunications networks high density data transmission services, and/or cellular or wireless telecommunication services.
Indicator: The formula for CAPEX / Sales Ratio % (CS) is 100 x Capital Expenditures / Total Revenues. CS is calculated for each stock within the industry. Aggregate CS (ACS) is determined by taking a MktCap—Weighted Average of the collective. 80th, 50th, and 20th percentile stock CS figures are also provided.