Companies provide a wide range of services, including mobile, fixed-line, and broadband internet. Also investing heavily in new technologies, such as 5G and cloud computing, which are expected to revolutionize the industry in the coming years.
Here are the top 5 telecom companies in the world with their revenue and subscribers in 2022
Company | Revenue (USD billion) | Subscribers (millions) | Headquarters |
China Mobile | 295.8 | 1,214 | Beijing, China |
AT&T | 193.3 | 259.4 | Dallas, Texas, USA |
Verizon Communications | 158.9 | 132.6 | New York City, USA |
Deutsche Telekom | 134.2 | 262.0 | Bonn, Germany |
NTT | 116.4 | 150.9 | Tokyo, Japan |
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- China Mobile: China Mobile, based in Beijing, is a state-owned telecommunications company in China. It holds the position of being the world’s largest mobile network operator, with a staggering 1.2 billion users. Additionally, it generates an impressive revenue of USD 295.8 billion.
- AT&T: AT&T, with its headquarters in Dallas, Texas, is an American multinational telecommunications company. It holds the distinction of being the largest telecommunications company in the United States in terms of revenue, amounting to a staggering $193.3 billion. Furthermore, it boasts an extensive subscriber base of 259.4 million users.
- Verizon Communications: Verizon Communications, based in New York City, is an American multinational telecommunications company. With a revenue of $158.9 billion, it ranks as the second-largest telecommunications company in the United States. Additionally, it serves a vast customer base of 132.6 million subscribers.
- Deutsche Telekom: Deutsche Telekom, based in Bonn, is a German multinational telecommunications company. It holds the position of being the largest telecommunications company in Europe in terms of revenue, with a staggering revenue of 134.2 billion USD. Additionally, it serves a massive customer base of 262.0 million subscribers.
- NTT: NTT (Nippon Telegraph and Telephone Corporation) is a Japanese multinational telecommunications company based in Tokyo. It holds the distinction of being Japan’s largest telecommunications company, generating a revenue of 116.4 billion USD. Additionally, NTT boasts an impressive subscriber base of 150.9 million users.
Other telecom companies are
- Vodafone
- China Unicom
- Orange
- SoftBank
- América Móvil