top 10 largest telecommunications companies in the world

Top 10 Largest Telecommunications Companies in the World

If you’re reading this, it means you are connected to the internet. But to connect your phone, tablet, laptop, or desktop computer to the internet, you will need a provider who will establish such a connection for you. These service providers are telecommunications companies, also known as telecom companies. You could say these companies represent the gates to the internet, but also to mobile networks and phone lines. Unsurprisingly, telecom companies are therefore some of the most powerful and influential companies in the world today.

While there are also a number of smaller, locally operating telecom providers, the market, in general, is dominated by big, globally active telecommunications corporations that serve millions of customers, often in multiple different countries. Five big companies in particular dominate the global telecom market. The following ranking lists not only them but the entire Top Ten of the largest telecommunications companies in the world, based on their most recently achieved annual revenue.

The 10 Largest Telecommunications Companies in the World 2024

top 10 largest telecommunications companies in the world

1. China Mobile

China Mobile Communications Group Ltd.

Revenue: $140.3 billion

Founded in: 1997
Based in: Beijing, China

Telecom services offered in: China, Japan, Pakistan, Thailand, Singapore, Canada, Italy & UK

Owned telecommunications brands: China Mobile (main brand), CMLink, Zong 4G

Owned telecommunications brands:

China Mobile is the largest telecommunications company in the world by revenue, the by far largest telecom company in Asia, and also the world’s largest communications provider by number of subscribers, offering services to almost a billion mobile customers and over 200 million broadband customers worldwide. The company was founded in 1997 as a result of the Chinese government-directed breakup of China Telecommunications Corporations. Aside from its home market, the Chinese state-owned company is also involved in Japan, Thailand, Singapore, Canada, Italy, and the UK through its CMLink brand and in Pakistan through the company’s Zong 4G brand.


2. Verizon

second biggest of the telecommunications companies

Verizon Communications, Inc.

Revenue: $134.0 billion

Founded in: 1984
Based in: New York City, New York, USA

Telecom services offered in: USA

Owned telecommunications brands: Verizon (main brand), Visible, Tracfone

Owned telecommunications brands:

Verizon is the second-largest telecom company in the world and the largest one outside Asia. The American company was founded in 1984, after the legally required breakup of the original AT&T Corporation, which until then enjoyed a monopoly on the telecommunications market in the United States. Verizon today is the leading wireless telecom subscription service carrier in the United States. Aside from its main brand, Verizon also owns Visible, an all-digital app-based wireless service provider, and Tracfone, a prepaid wireless service provider. Across its three brands, Verizon has hundreds of millions of customers subscribed to its services in the United States.


3. AT&T

fourth of the biggest telecommunications company in the world - at&t

AT&T Inc.

Revenue: $121.7 billion

Founded in: 1983
Based in: Dallas, Texas, USA

Telecom services offered in: USA & Mexico

Owned telecommunications brands:
AT&T (main brand), Cricket Wireless

Owned telecommunications brands:

AT&T is the third-largest telecommunications company in the world. The AT&T brand has a rich history dating back to the very invention of the telephone although the AT&T company was founded in its current form in 1983 as the result of a legally required divesture, which broke up the telecom monopoly AT&T’s predecessor company enjoyed in the United States. AT&T is the leading wireless subscription service carrier in the United States. The American company has now additionally expanded beyond the United States and has hundreds of millions of subscribers worldwide. AT&T also owns Cricket Wireless, a popular prepaid wireless service provider that serves around 10 million subscribers in the U.S.


4. Deutsche Telekom

deutsche telekom - t-mobile - telecommunications companies top 10

Deutsche Telekom AG

Revenue: $120.3 billion

Founded in: 1995
Based in: Bonn, North Rhine-Westphalia, Germany

Telecom services offered in: European Union (Germany, Poland, Hungary, Austria, Czech Republic, Slovakia, Croatia, Romania, Greece), Montenegro, Bosnia & Herzegovina, North Macedonia & USA

Owned telecommunications brands: Telekom (main brand), T-Mobile, Cosmote, Congstar, fraenk, European Aviation Network

Owned telecommunications brands:

Deutsche Telekom is the fourth-largest telecommunications company in the world and the by far largest telecommunications company in Europe. The company was established in 1995 after the government of Germany privatized its telecommunications industry. Today, the German company operates under its two main brands Telekom and T-Mobile in multiple countries in Europe and in the United States. In Germany, Deutsche Telekom also offers discount prepaid wireless telecommunication services through its brands Congstar and purely digital app-based services through Fraenk. It also owns the largest Greek telecom company OTE and its main brand Cosmote and also co-runs the European Aviation Network, which provides WiFi connections for passengers on flights within the European Union, and Norway + Switzerland.


5. Nippon Telegraph & Telephone

nippon telegraph and telecommunications company

Nippon Telegraph and Telephone Corporation

Revenue: $97.2 billion

Founded in: 1985
Based in: Tokyo, Japan

Telecom services offered in: Japan

Owned telecommunications brands: NTT Docomo

Owned telecommunications brands:

Nippon Telegraph & Telephone (NTT) ranks fifth among the world’s largest telecommunications companies. The company was founded in 1985 in its current form, after the privatization of the Japanese telecommunications industry, which until then was operated by American company AT&T. NTT is the by far largest and dominant telecommunications company in Japan. While also offering many information and communications technology (ICT) services in Japan and abroad, the company’s main consumer subscription business is conducted through its main brand NTT Docomo, which stands for “communications over the mobile network”.


6. China Telecom

china telecom - top 10 telecommunications companies in the world

China Telecommunications Corporation

Revenue: $68.7 billion

Founded in: 1995
Based in: Beijing, China

Telecom services offered in: China & Philippines

Owned telecommunications brands: China Telecom

Owned telecommunications brands:

China Telecom comes sixth among the largest telecommunication companies in the world. It is the largest fixed-line telecommunications and the third-largest mobile network provider in China. The company traces its history back to the Chinese government agency of the Ministry of Posts and Telecommunications, from which it spun off in 1995. Aside from its Chinese home market, China Telecom is also active in the Philippines, where it holds a minority stake in the Filipino telecom company Dito Telecommunity. The company also provides many infrastructural telecommunications services in China and abroad. In the United States, however, the state-owned Chinese company has been banned from operating due to national security concerns.


7. Comcast

Comcast Corporation

Revenue: $66.3 billion

Founded in: 1963
Based in: Philadelphia, Pennsylvania, USA

Telecom services offered in: USA

Owned telecommunications brands: Xfinity (main brand), Comcast Business

Owned telecommunications brands:

Comcast is another leading telecom company that offers a range of services for both private and business customers. While also involved in the television, media, and film industries, Comcast is the biggest internet service provider in the United States, which places it among the largest telecommunications companies in the world. Founded in 1963, Comcast now offers its many private telecom services through the company’s Xfinity brand. The American company also offers telecom services for businesses and companies, through its separate Comcast Business telecom brand.


8. China Unicom

China United Network Communications Group Co., Ltd.

Revenue: $50.7 billion

Founded in: 1994
Based in: Beijing, China

Telecom services offered in: China

Owned telecommunications brands: Telcel (main brand), Claro, A1

Owned telecommunications brands:

China Unicom comes eighth among the ten biggest telecommunications companies in the world. Established in 1994, China Unicom is the oldest among the three major Chinese telecommunications companies. Over the years, it has played a crucial role in the development and expansion of telecommunications services in China. In terms of its market position in its home market, China Unicom is the second-largest mobile network provider in China.


9. Vodafone

vodafone - second biggest european telecommunications company

Vodafone Group Plc

Revenue: $47.6 billion

Founded in: 1991
Based in: Newbury, England, UK

Telecom services offered in: UK, European Union (Germany, Italy, Spain, Netherlands, Romania, Portugal, Czech Republic, Greece, Ireland), Albania, Turkey, Egypt, South Africa, DR Congo, Tanzania, Ethiopia, Mozambique, Lesotho, Kenya & India

Owned telecommunications brands: Vodafone (main brand), Vodacom

Owned telecommunications brands:

Vodafone places ninth among the largest telecommunications companies in the world. The British company traces its origin back to Racal Electronics, a British manufacturer of military radio technology. In 1991, Vodafone spun off it and became a separate civilian telecommunications company and has since grown to be the largest telecom company in the United Kingdom. Aside from its British home market, Vodafone is also active in several countries in Europe. Through its Vodacom brand, the company is also active in several countries in Africa. The company is additionally involved in India and Kenya, through minority stakes in the Indian telecommunications company Vi and Kenyan telecommunications company Safaricom.


10. Orange

Orange S.A.

Revenue: $45.8 billion

Founded in: 1988
Based in: Issy-les-Moulineaux, Ile-de-France, France

Telecom services offered in: European Union (France, Spain, Poland, Belgium, Slovakia, Romania, Luxembourg), Moldova, Saudi Arabia, Jordan, Egypt, Morocco, Tunisia, DR Congo, Central African Republic, Botswana, Burkina Faso, Madagascar, Cameroon, Ivory Coast, Guinea-Bissau, Guinea, Sierra Leone, Mali & Senegal

Owned telecommunications brands: Orange (main brand), Jazztel

Owned telecommunications brands:

Orange closes the top ten ranking as the tenth-largest telecom company in the world. The French company was founded in 1988 as a result of the partial privatization of the French telecommunications industry. It was first named France Télécom and then renamed Orange in 2013. Orange is the leading telecom company in France, both in terms of landline and mobile network subscribers. It has also managed to establish itself as the leading telecom company beyond France and operates in several countries in Europe as well as Africa and the Middle East. Through its Jazztel brand, the company holds an additional presence in Spain.


The 10 Largest Telecommunications Companies in the World 2024:

1.CHINA MOBILE
Telecom revenue: $140.3 billion
2.second biggest of the telecommunications companiesVERIZON
Telecom revenue: $134.0 billion
3.biggest telecommunications company in the world - at&tAT&T
Telecom revenue: $121.7 billion
4.deutsche telekom - t-mobile - telecommunications companies top 10DEUTSCHE TELEKOM
Telecom revenue: $120.3 billion
5.nippon telegraph and telecommunications companyNIPPON TELEGRAPH & TELEPHONE
Telecom revenue: $97.2 billion
6. china telecom - top 10 telecommunications companies in the worldCHINA TELECOM
Telecom revenue:: $68.7 billion
7.COMCAST
Telecom revenue: $66.3 billion
8.CHINA UNICOM
Telecom revenue: $50.3 billion
9.vodafone - second biggest european telecommunications companyVODAFONE
Telecom revenue: $47.6 billion
10.ORANGE
Telecom revenue: $45.8 billion
Updated as of January 2024.

The ten largest telecommunications companies in the world by latest revenue numbers. Only revenue generated in the telecommunications industry is counted here, achieved revenue in other branches of business a company may be involved in, is disregarded. Revenues are given in U.S. dollars and converted according to the exchange rates at the time of the ranking. Source for the revenue numbers: Dun&Bradstreet & official annual reports by the companies.


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