Telecommunication companies are constantly in a race to dominate the global market by their high-quality services. In the upcoming future, new technologies like 5G network, cloud computing, etc will continue to transform the telecom services provided by the largest telecom companies around the world. Wireless Technology & Internet is revolutionizing the world rapidly. Check out the top 9 leading telecommunication companies in the world. These companies have always maintained their position in the global market and are still going strong.
T-Mobile (Sprint Corporation Merged with T-Mobile)
Sprint Corporation was acquired by T-Mobile U.S. on April 1, 2020. It was the 4th largest mobile network operator in the United States. T-Mobile and Sprint Corporation have merged in order to build the best wireless company. Sprint offers a wide range of telecommunication services to cater the needs of its consumers. The services include voice and wireless data services. Make sure to check Sprint Black Friday 2020 deals.
AT&T Inc. (T)
AT&T company provides global communication & digital entertainment services. The range of services include Internet services, wireless communication, data/ broadband services, digital video services, feature film, etc. In addition to these services, the company also operates as well as owns regional TV Sports networks. As per the latest reports, the revenue (TTM) generated by AT&T was $175.1 billion.
Verizon Communications Inc. (VZ)
VZ offers communication, entertainment products, information, etc to satisfy the needs of the consumers. Along with these features, the Verizon Communications also offer cloud services, wireless data & voice services, local & long distance voice services, etc. Verizon Communications Inc. is based at 1095 Avenue of the Americas in Midtown Manhattan, New York City, but is incorporated in Delaware.
China Mobile Limited (CHL)
As the name suggests, this company is based in China. CHL offers telecommunication services and always maintains its position in the list of top telecommunication companies. China Company provides voice call services (local, roaming, international). Further, the company not only offers MMS, information service, etc but also wireline broadband and its related services.
SoftBank Group Corporation (SFTBY)
SFTBY is a Japan- based telecommunication company. The company is mainly involved in communication as well as Internet services. SoftBank Group Corp. delivers efficient mobile communication services, PC software, etc. Also, SFTBY manages online advertising as well as e-commerce businesses, etc. Therefore, it is one of the leading telecom companies in the world.
Nippon Telegraph & Telephone Corporation (NTTYY)
NTTYY is based in Japan. It is yet another dominating telecommunication company in the world market. Nippon Telegraph & Telephone Corp. provides domestic intra-prefectural communication services, such as fixed voice-related, packet communications services, etc. It also sells telecommunications equipment. In addition to this, Nippon operates businesses in real estate, finance, and many others.
Deutsche Telekom AG (DTEGY)
DTEGY holds its base in Germany. The company is primarily a provider of telecommunications as well as technology services. DTEGY offers mobile communication service, access to Internet, combined IT (Information Technology) & telecommunications services to its customers in US, Germany, and Eastern Europe. company monitoring software
Telefonica SA (TEF)
TEF is a Spanish based telecom company in the world. Telefonica SA (TEF) provides fixed, mobile telephony, broadband and subscription television that operate in America and Europe. It also offers Internet services, digital services, broadband multimedia, etc. The net income of Telefonica SA (TEF), as per latest reports, is $199.8 million.
The Future of Telecom Companies
In the developed countries, the telecom sector acts as the backbone for enhancing the quality of human life. Telecom industry has rapidly changed beyond its recognition within the past ten years, with the clients’ wishes & competitive landscapes occupation approaches. Post the year 1995, countries have witnessed a rush in mobile telephone usage. India had started late but it has eventually emerged in the market. In fact, India is now the eighth largest market within the world.
Since the demand for high quality telecommunication technologies is rising in the world, the telecom market will see a huge growth. There are a few leading telecom companies who are already investing on improving mobile & fixed broadband infrastructures. With the constant evolution of technology, telecom companies need to bring advancement in their services to retain their large base of consumers as well as dominate the global market.