Top 10 Telecom Operators in the World in 2021 by Revenue

AT&T Inc, Verizon Communications Inc, China Mobile Ltd, Deutsche Telekom AG, and Comcast Corp are the top 5 telecom operators in the world by revenue in 2021. In total, the top 10 telecom operators in the world in 2021 generated revenue of $1,016,359 million, with average revenue growth of 6.9%. Among the top 10 telecom operators, AT&T generated the highest revenue of $168,864 million in 2021, while Charter Communications Inc generated the lowest revenue of $51,682 million during the year. The highest revenue growth in 2021 was registered by Comcast Corp (12.4%), followed by China Telecom Corp Ltd (11.7%), while AT&T reported a decline of 1.7%. In terms of the geographic split, 4 out of 10 of the world’s largest companies are based in North America, 4 are based in Asia, and the remaining 2 are based in Europe. These companies employed a total of 2,032,457 people in 2021. In 2021, the United States of America-based AT&T Inc was the leading telecom operator in the world by revenue. It offers wireless communications, data/broadband and internet services, local and long-distance telephone services, telecommunications equipment, managed networking, and wholesale services and employs 203,000 people. The company reported revenues of $168,864 million for the fiscal year ended December 2021 (FY2021). Revenues declined in 2021, reflecting divestiture of the US video business in July 2021, Viro business unit in November 2021, and sale of wireless and wireline operations in Puerto Rico and the US Virgin Islands in October 2020. Verizon Communications Inc (Verizon), was another leading telecom operator in the world by revenue, it provides technology, communications, information, and entertainment products and services to consumers, businesses, and governmental agencies. It also offers video, data, and voice services and solutions on its platforms and networks. Verizon classifies its business operations into three reportable segments: Verizon Consumer Group (Consumer), Verizon Business Group (Business), and Corporate and Other. As of December 2021, the company had a presence across 180 countries. The company reported revenues of $133,613 million for the fiscal year ended December 2021 (FY2021), an increase of 4.1% over the previous year.