(redirected from Capital Expenditure Budgets) Also found in: Financial.
The monies that an enterprise allocates for the purchase of fixed and durable goods. In a hospital, the capital budget is used to purchase beds, buildings, equipment, and other items that are not part of its operating costs.
In today's challenging environment of fast-changing markets and tight carrier capital expenditure budgets, Thor's capability to "start small" and easily scale up in both size and services offered, is a significant competitive edge.
These important risks and uncertainties include the complexity of our software products, the development of new products and our ability to respond to changes in technology, the impact of intense competition in the market for expert operations management systems, the effectiveness of our relationships with strategic partners, fluctuations in our customers' capital expenditure budgets, and the other risks that we describe from time to time in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the fiscal year ended December 31, 2001 and our Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2002.
As the capital expenditure budgets of network service providers continue to decline, Agere's focus on developing affordable, integrated products will help systems makers deliver cost-effective data transport solutions," said Samir Samhouri, director of marketing for Agere's Transport division.