Leading telecom companies - additional information
The telecommunication services market, which includes both wireline and wireless services, is one of the most profitable segments of the IT industry. In 2015 alone, the global telecom services generated about 1.1 trillion euros in revenues. About a quarter of the total revenue was generated in Europe, showing the potential and importance of this particular region for the industry.
Deutsche Telekom, Vodafone, Telefónica, and Orange – the main players of the telecom services industry in Europe in terms of revenue – are also amongst the top 30 telecommunication companies worldwide. The German company Deutsche Telekom is the largest and most profitable telecommunication operator in Europe, generating almost 70 million euros in revenues in 2015. Deutsche Telekom is also one of the largest companies in the world, with a market value of approximately 83.3 billion U.S. dollars. The UK-based Vodafone has the second highest revenue amongst European telecommunication companies, with 58.2 million euros in 2015. Vodafone is the second most valuable brand in the United Kingdom, valued at 27.8 billion U.S. dollars as of 2015.
Other big market players, which are based in other parts of the world, are the Japanese company NTT, the American companies AT&T, Verizon and Comcast, China Mobile and América Movil from Mexico.