10 Biggest Telecommunications Companies
T, VZ, and NTTYY top the list of the 10 biggest telecommunications
companies
By
NATHAN REIFF
Updated August 05, 2022
Reviewed by
CHIP STAPLETON
Telecommunications companies use various technologies to transmit
information globally. Some of the largest companies in
the telecommunications sector provide fixed-line telephone and wireless
services, as well as Internet data and video communications.
The telecommunications sector is changing rapidly. Traditional technologies
such as wireline telephone, radio, and television once dominated the
telecommunications universe, but wireless mobile and Internet technology
are quickly becoming the new norm.
These are the 10 biggest telecommunications companies by 12-month
trailing (TTM) revenue. This list is limited to companies that are publicly
traded in the U.S. or Canada, either directly or through ADRs. Some
companies outside the U.S. report profits semi-annually instead of quarterly,
so the 12-month trailing data may be older than it is for companies that report
quarterly. The data in this story are from YCharts.com.1 All figures are as of
January 12, 2021.
Some of the stocks below are only traded over-the-counter (OTC) in the U.S.,
not on exchanges. Trading OTC stocks often carries higher trading costs than
trading stocks on exchanges. This can lower or even outweigh potential
returns.
#1 AT&T Inc. (T)
Revenue (TTM): $172.9 billion
Net Income (TTM): $11.1 billion
Market Cap: $204.4 billion
1-Year Trailing Total Return: -19.7%
Exchange: New York Stock Exchange
AT&T is a holding company that provides communications and digital
entertainment services globally. Its services and products include wireless
communications, data/broadband and Internet services, digital video
services, local and long-distance telephone services, telecommunications
equipment, managed networking, and feature film, television, and gaming
production and distribution. The company also owns and operates regional
TV sports networks.
#2 Verizon Communications Inc. (VZ)
Revenue (TTM): $128.4 billion
Net Income (TTM): $18.3 billion
Market Cap: $237.0 billion
1-Year Trailing Total Return: 1.7%
Exchange: New York Stock Exchange
Verizon Communications is a holding company that provides
communications, information, and entertainment products and services. It
offers wireless voice and data services and equipment sales, as well as data
and video communications products and services, such as broadband video,
data center and cloud services, security and managed network services, and
local and long distance voice services.
#3 Nippon Telegraph & Telephone Corp. (NTTYY)
Revenue (TTM): $108.7 billion
Net Income (TTM): $7.9 billion
Market Cap: $96.8 billion
1-Year Trailing Total Return: 10.3%
Exchange: OTC
Nippon Telegraph & Telephone is a Japan-based holding company that
provides telecommunication services. It offers domestic intra-prefectural
communication services, such as fixed voice-related, Internet Protocol (IP),
and packet communications services, and sells telecommunications
equipment. The company also provides mobile voice-related, IP, and packet
communications services, as well as system integration and network system
services. Additionally, Nippon operates businesses in real estate, finance,
and more.
#4 Deutsche Telekom AG (DTEGY)
Revenue (TTM): $106.0 billion
Net Income (TTM): $3.5 billion
Market Cap: $87.4 billion
1-Year Trailing Total Return: 17.0%
Exchange: OTC
Deutsche Telekom is a Germany-based provider of telecommunications and
information technology services. The company offers fixed-line telephone
services, mobile communications services, Internet access, and combined
information technology and telecommunications services to customers in
Germany, Eastern Europe, and the U.S.
#5 T-Mobile US Inc. (TMUS)
Revenue (TTM): $59.9 billion
Net Income (TTM): $3.1 billion
Market Cap: $159.7 billion
1-Year Trailing Total Return: 68.3%
Exchange: NASDAQ
T-Mobile US is a major U.S. wireless carrier offering various data plans as
well as consumer and business telecommunications services. T-Mobile also
offers prepaid wireless products and services as well. In April 2020, T-Mobile
completed its merger with Sprint Corp., which the company expects to
sharply increase its capacity by a factor of 14 in the coming six years. It sells
devices and services through company owned and operated stores and
websites.2
#6 Vodafone Group PLC (VOD)
Revenue (TTM): $50.5 billion
Net Income (TTM): $2.9 billion
Market Cap: $46.1 billion
1-Year Trailing Total Return: -5.9%
Exchange: NASDAQ
Vodafone Group is a U.K.-based company that provides a range of
telecommunications services, including voice and data communications. It
offers mobile services, such as call, text, and data access, as well as fixed
line services, including broadband, television, and voice. The company also
offers Internet of Things (IoT), public and private cloud services, cloud-based
applications, and products for securing networks and devices.
#7 Telefonica SA (TEF)
Revenue (TTM): $49.9 billion
Net Income (TTM): $505.3 million
Market Cap: $24.2 billion
1-Year Trailing Total Return: -29.4%
Exchange: New York Stock Exchange
Telefonica is a Spain-based multinational integrated and diversified
telecommunications group. The company is engaged in activities related to
wireline, wireless, cable, data, Internet, and television businesses. Telefonica
offers fixed telecommunication, Internet and broadband multimedia, and
digital services such as IoT.
#8 America Movil SAB de CV (AMX)
Revenue (TTM): $49.0 billion
Net Income (TTM): $3.4 billion
Market Cap: $49.0 billion
1-Year Trailing Total Return: -3.8%
Exchange: New York Stock Exchange
America Movil is a Mexico-based provider of telecommunications services to
customers worldwide. The company offers wireless voice, wireless data, fixed
voice, fixed broadband, fixed data, pay television, and information technology
services.
#9 KDDI Corp. (KDDIY)
Revenue (TTM): $48.3 billion
Net Income (TTM): $6.2 billion
Market Cap: $70.3 billion
1-Year Trailing Total Return: 6.2%
Exchange: OTC
KDDI is a Japan-based telecommunications operator. In addition to cellular
services, the company provides network, data center, cloud/SaaS, security,
and IoT services in Japan as well as dozens of other countries around the
world. It also offers financial and payment services. KDDI serves individual
customers and businesses.
#10 Orange SA (ORAN)
Revenue (TTM): $46.9 billion
Net Income (TTM): $3.2 billion
Market Cap: $32.7 billion
1-Year Trailing Total Return: -10.3%
Exchange: New York Stock Exchange
Orange is a France-based multinational telecommunications company. As
one of Europe's largest operators, Orange serves residential, professional,
and large business clients. The company provides services including fixed-
line telephone, leased lines, data transmission, mobile telecommunications,
cable television, internet services, and broadcasting. It also offers mobile
financial services.
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