U.S. wireless carrier subscriptions - additional information
The wireless telecommunication market in the United States was worth an estimated 256 billion U.S. dollars in 2016. As of the second quarter of 2014, Verizon and AT&T were joint wireless carrier market leaders as both held a share of 30 percent or more of subscriptions in the United States.
Verizon, founded in 1983 and based in New York, announced revenues of 125.98 billion U.S. dollars in 2016. Of this revenue in 2016, over 89 billion U.S. dollars came from wireless services, which is almost three times as high as the revenue generated from the company’s wireline services. Verizon is the company with the most wireless subscribers in the United States, with the figure standing at 145.74 million customers as of the fourth quarter of 2016. This meant that Verizon had 10 million more subscribers than AT&T and more than twice as many as T-Mobile US.
77.8 million of AT&T's 146.8 million wireless subscribers in 2016 were postpaid subscriptions. Another 13.5 million were prepaid subscribers. AT&T’s overall revenue amounted to more than 160 billion U.S. dollars in 2016.