The telecom industry across the world has grown tremendously. With increasing penetration and use of smartphones, the opportunity for top telecom companies to provide voice and data services is at its highest. Telecom companies are doing everything to ensure good network, high speed internet, low call rates etc to entice the customers. Some of the top telecom companies include brands like AT&T, China Mobile, Vodafone, Verizon along with Deutsche Telekom, Orange, Telefonica, America Movil, China Telecom etc. For the best telecom companies in the world, good network and customer service is critical as it is an intangible service. With the industry focusing on high speed internet (4G) and good voice quality, the largest telecommunication companies provide uninterrupted services to its customers. Such intense is the price war and competition that even the biggest global telecom brands indulge in marketing & sponsorship activities extensively. Here is the list of the top 10 telecom companies of the world 2017 based on Revenue, Net Income and number of subscribers.
Quick Glance :
Below are the biggest and top Telecom Companies in World 2017:
1st Place : China Mobile
2nd Place : AT&T
3rd Place : Verizon
4th Place : Vodafone
5th Place : Telefonica
6th Place : Nippon Telegraph and Telephone (NTT)
7th Place : Deutsche Telekom
8th Place : America Movil
9th Place : Orange
10th Place : China Telecom
For More details about rankings and parameters, read on.
Largest Telecom 2017 with parameters (Revenue, Net Income, Subscribers):
10. China Telecom
China Telecom is a Chinese state owned telecommunications company which was founded on 17th May, 2000.
It is headquarted in Beijing and has a Mobile Subscriber base of 218.52 million. The company consists of 2 major subsidiaries – China Telecom Americas and China Telecom Europe, and the company has the largest Wi-Fi broadband network in China.
In the Financial Year 2016, the Operating Revenue stood at RMB 352,285 million, a 6.4% increase Y-o-Y. There was an 11.7% increase in Adjusted Net Profits which stood at RMB 18,004 million. The net Mobile Subscriptions added during the year was 17.1 million. There was a reduction in CAPEX which stood at RMB 96.8 billion and is expected to come down to RMB 89 billion in the Financial Year 2017. The Board of Directors recommends to the shareholders a final dividend of HK$0.105 per share for 2016, up 10.5%. The company is consistently among top telecom companies globally.
This leading global telecom company is a pioneer in building 3 superior networks – 4G Network, All-fibre Network, IoT Network. The major initiative planned by the company for 2017 are:
- to cease charging handset users domestic long-distance and roaming fees before 1 October 2017 with accelerating system upgrade and service grooming, etc.
- to reduce the fees of international long-distance calls
- to significantly reduce the tariff of Internet dedicated line access for SMEs. Hence China Telecom is ranked 10th in the top 10 telecom companies in the world.
Subs (Mn): 215
Rev ($Bn): 49.3
Net Income ($Bn): 2.59
(Use the Rank Navigator to view the other companies in the top brand list along with their information, parameters and data figures.)