Top 30 Telecommunications companies by revenue in 2022

by Nicolae Buldumac
· 23/10/2023 17:19 · 5-7 min read
Top 30 Telecommunications companies by revenue in 2022

In today's hyperconnected world, the telecommunications industry plays a pivotal role in keeping people connected and businesses thriving. As technology continues to advance at an unprecedented pace, telecommunications companies are at the forefront, driving innovation, and shaping the digital landscape. With the ever-growing demand for seamless communication and data services, these companies have emerged as global powerhouses, generating substantial revenue and transforming the way we connect.

In this article, we will explore the top 30 telecommunications companies of 2022, ranked by revenue, providing a glimpse into their significance and influence in the industry. These companies have not only established themselves as key players but have also demonstrated their ability to adapt to an ever-evolving market, delivering cutting-edge solutions and services to their customers.

From multinational corporations with a vast international footprint to regional giants serving specific markets, this list showcases the diverse range of telecommunications companies that have made a mark on the global stage. Each company possesses unique strengths and capabilities, ranging from mobile networks, broadband services, and data centers to digital content, enterprise solutions, and emerging technologies.

As we delve into the descriptions of these top 30 telecommunications companies, we will highlight their key achievements, distinguishing features, and contributions to the industry. From driving connectivity and enhancing customer experiences to fueling economic growth and supporting digital transformation, these companies have demonstrated their commitment to shaping the future of telecommunications.

Join us on this exploration of the top 30 telecommunications companies in 2022, as we uncover the driving forces behind their success and shed light on the remarkable impact they have had on the global telecommunications landscape.


1. Verizon Communications

  • 2022 Revenue – 137 billion USD
  • Number of Employees - 93,759
  • Founding year - 1983
  • Location: United States

Company description: At Verizon, we offer more than just a job. It's a place where you can freely express your daring and unique ideas, and where your authentic self can truly shine. We foster a creative and inclusive environment, connecting with people who genuinely care. With the flexibility to pursue your passions, our global human network empowers you to make a difference. We value listening as the foundation of learning, and in times of challenge or celebration, we unite to uplift communities and drive progress. If you're driven by purpose and resilience, join us for a career where you'll experience the transformative power of the #NetworkLife.


2. AT&T

  • 2022 Revenue – 120.7 billion USD
  • Number of Employees - 225,141
  • Founding year - 1983
  • Location: United States

Company description: At AT&T, we strive to simplify and enhance our customers' lives. Our integrated network, cutting-edge labs, and comprehensive range of products and services work together seamlessly to create a better world. We believe in driving innovation by collaborating with you, our valued customers. Our dedicated team is fueled by passion and a determination to succeed. With our technology, we aim to connect millions of people, delivering unimaginable benefits that improve lives. Please note that some of our posts may contain links to third-party websites, which are provided for informational purposes only. AT&T does not endorse or adopt the content of these articles or posts.


3. Deutsche Telekom

  • 2022 Revenue – 120.3 billion USD
  • Number of Employees - 216.500
  • Founding year - 1995
  • Location: Germany

Company description: As a leading communication and information technology company, Deutsche Telekom is at the forefront of shaping the digital world. With innovative solutions for individuals and businesses, we are paving the way for the gigabit society. With a global presence and over 216,500 employees, we generate significant sales of €108.8 billion. Join our IoT projects, revolutionize AI, and embrace the digital transformation. We believe in empowering our employees to make a difference, offering a supportive network, cutting-edge technology, and an autonomous work environment. Together, let's move society forward and ensure everyone can access digital opportunities. Join us with #IWILLNOTSTOP.


4. NTT Group

  • 2022 Revenue – 108 billion USD
  • Number of Employees - 330,000
  • Founding year - 1985
  • Location: Japan

Company description: As a global leader in technology and business solutions, the NTT Group is dedicated to empowering people, clients, and communities worldwide. With a revenue of $108B and a strong presence in over 80 countries and regions, including services in 190 of them, we strive to be a trusted long-term partner. Our team of over 330,000 employees is committed to making a positive impact on society through our business operations. Explore NTT's innovative solutions and discover how we can help drive your success. Join us on our journey to shape a better future.


5. T-Mobile US

  • 2022 Revenue – 79.5 billion USD
  • Number of Employees - 84,008
  • Founding year - 2001
  • Location: United States

Company description: T-Mobile US, Inc. (NASDAQ: TMUS) is the dynamic Un-carrier revolutionizing wireless communication in America. With an advanced 4G LTE and nationwide 5G network, T-Mobile ensures reliable connectivity for all. Customers enjoy exceptional value, top-quality service, and T-Mobile's relentless commitment to innovation and disruption in the wireless industry. Headquartered in Bellevue, Washington, T-Mobile operates through its subsidiaries, offering services under the renowned brands T-Mobile and Metro by T-Mobile. Experience the power of T-Mobile's supercharged network and embrace a new era of wireless connectivity and customer satisfaction.


6. China Mobile

  • 2022 Revenue – 73.7 billion USD
  • Number of Employees - 1,279
  • Founding year - 1997
  • Location: Hong Kong

Company description: China Mobile International Limited (CMI), a subsidiary of China Mobile, is a leading provider of international telecommunications services. Established in 2010, CMI operates globally to meet the growing demands of the international market. With over 70 terrestrial and submarine cable resources spanning the globe, we offer a robust network with a total international transmission bandwidth exceeding 100T. Our 225 overseas Points of Presence (PoPs) ensure seamless connectivity. Headquartered in Hong Kong, CMI accelerates global IDC development, offering reliable and comprehensive international information services to enterprises, carriers, and mobile users. Explore our solutions across 36 countries and regions for your international connectivity needs.


7. Vodafone Group

  • 2022 Revenue – 52.9 billion USD
  • Number of Employees - 132,900
  • Founding year - 1984
  • Location: United Kingdom

Company description: At Vodafone, we believe in the power of humanity and technology working together to shape a better future. With a focus on helping people embrace new technology, we bring connectivity to even the most remote areas and support communities in need. With a rich history of innovation, including the first mobile phone call and SMS, we continue to transform lives globally. Our passion extends beyond technology to creating a diverse and inspiring workplace where you can make a real difference. Join us and discover what you're truly passionate about while thriving in a supportive and forward-thinking environment.


8. Orange

  • 2022 Revenue – 47 billion USD
  • Number of Employees - 136,000
  • Founding year - 1988
  • Location: France

Company description: Orange, a global telecommunications powerhouse, achieved sales of 43.5 billion euros in 2022 and boasts a dedicated workforce of 136,000 employees worldwide. With a strong presence in 26 countries, including 75,000 employees in France, Orange serves a vast customer base of 287 million, comprising 242 million mobile and 24 million fixed broadband customers. Renowned as a top provider of IT and telecommunication services to multinational corporations under the Orange Business brand, Orange unveiled its strategic plan, "Lead the future," in February 2023. Rooted in responsibility and efficiency, this plan leverages network excellence to reinforce Orange's leadership in delivering exceptional service quality.


9. KDDI Corporation

  • 2022 Revenue – 43 billion USD
  • Number of Employees - 49,659
  • Founding year - 1984
  • Location: Japan

Company description: As a pioneer in global telecommunications, KDDI Corporation is proud to be a Global Fortune 500 company, providing a comprehensive range of services including data centers, networks, content delivery, and system integration across the globe. If your business requires international telecom support, we are here to serve you with excellence. Our industry-leading Telehouse data center offers colocation in over 40 locations across 23 cities in 12 countries/territories, including major hubs like London, New York, Frankfurt, and Shanghai. With our robust telecom network and state-of-the-art Tier 3 and Tier 4 data centers, we create a secure and hassle-free IT and telecom environment for our valued customers. With over 50 years of experience, we have established ourselves as leaders in submarine optical cable construction, particularly in the fast-growing Asia Pacific region. In Japan, our mobile services under the brand "au" have gained widespread recognition, with 40 million users choosing us as their preferred cell phone provider.


10. Telefonica

  • 2022 Revenue – 42 billion USD
  • Number of Employees - 127,689
  • Founding year - 1924
  • Location: Spain

Company description: Telefónica, one of the world's leading telecommunications companies, excels in market capitalization and customer base. With state-of-the-art infrastructure and a range of innovative digital and data services, we are well-equipped to meet customer needs and capitalize on new business opportunities. Our commitment lies in facilitating secure and advanced communication, addressing the evolving challenges of society. We envision technology as a means to simplify people's lives and drive progress, making a positive impact socially and environmentally. Our goal is to build trust and provide value in a rapidly changing world, where digital life and technology empower limitless possibilities. With transparency and clear communication, we strive to earn the trust of our clients, employees, suppliers, shareholders, and society at large.


11. KT Corporation

  • 2022 Revenue – 20.8 billion USD
  • Number of Employees - 6,733
  • Founding year - 1981
  • Location: South Korea

Company description: KT Corporation is a dynamic company driven by AI, Big Data, and Cloud technologies. We are at the forefront of revolutionizing customers' lives and catalyzing innovation across various industries. As we evolve, we are transforming into a versatile digital platform company, poised to shape the future of technology-driven solutions. With a focus on cutting-edge advancements and a commitment to excellence, KT Corporation is leading the way in driving positive change and growth. Experience the power of our digital ecosystem and unlock limitless possibilities with our innovative services and solutions. Explore the next-generation offerings from KT Corporation and embrace the digital revolution.



12. Saudi Telecom Company


  • 2022 Revenue – 17.9 billion USD
  • Number of Employees - 17,551
  • Founding year - 1998
  • Location: Saudi Arabia

Company description:
At Stc, we are a leading digital champion dedicated to innovation and evolution. Our goal is to enhance people's personal and professional lives, adding depth and vibrancy. With us, you'll have the power to focus on what's next, as we foster collaboration, agility, and an open culture that welcomes new concepts. We're committed to shaping the future through impactful digital solutions and large-scale projects while prioritizing sustainability. Join our people-centric environment, where your well-being matters, and we strive to unleash your full potential. Experience a transformative journey that cares about you and empowers your growth.


13. Telecom Italia

  • 2022 Revenue – 17 billion USD
  • Number of Employees - 50,392
  • Founding year - 1994
  • Location: Italy

Company description: TIM is the leading ICT group in Italy and Brazil, driving digital innovation and offering a comprehensive range of services. With a strong focus on optic-fiber fixed-line network infrastructure, we provide widespread coverage across the national territory and international connectivity through Sparkle. Our mobile and fixed-line telephony services cater to individuals, families, and businesses, supporting their communication, entertainment, and digitalization needs. We deliver end-to-end solutions for companies and public administrations, leveraging cloud, IoT, and cybersecurity technologies. As a sustainability-driven company, we are committed to climate strategy, circular economy, digital growth, and gender equality, aiming to achieve carbon neutrality by 2030 and zero net emissions by 2040. We also contribute to social initiatives through the TIM Foundation.


14. Bharti Airtel

  • 2022 Revenue – 16.8 billion USD
  • Number of Employees - 48,600
  • Founding year - 1995
  • Location: India

Company description: Bharti Airtel Limited is a top global telecommunications company, serving customers in 18 countries across Asia and Africa. Based in New Delhi, our comprehensive range of products includes 2G, 3G, and 4G wireless services, mobile commerce, fixed line services, high-speed home broadband, DTH, and enterprise services. We also provide national and international long-distance services to carriers. With a massive customer base of over 403 million, we are committed to delivering seamless connectivity and innovative solutions. Trust Bharti Airtel for reliable and advanced wireless services, mobile commerce, and unmatched customer satisfaction across our widespread operations.


15. Telstra Corporation

  • 2022 Revenue – 14.3 billion USD
  • Number of Employees - 33,594
  • Founding year - 1992
  • Location: Australia

Company description: We believe it’s people who give purpose to our technology. So we’re committed to staying close to our customers and providing them the best experience. And delivering the best tech. On the best network. Because our purpose is to build a connected future so everyone can thrive. We build technology and content solutions that are simple and easy to use, including Australia’s largest and fastest national mobile network. That’s why we strive to serve and know our customers better than anyone else – offering a choice of not just digital connection, but digital content as well. And that’s why we have an international presence spanning 15 countries, including China. In the 21st century, opportunity belongs to connected businesses, governments, communities and individuals. As Australia’s leading telecommunications and information services company, Telstra is proud to be helping our customers improve the ways in which they live and work through connection.


16. Etisalat

  • 2022 Revenue – 14.2 billion USD
  • Number of Employees - 19,588
  • Founding year - 1976
  • Location: United Arab Emirates

Company description: Discover the future of digital telecommunications with Etisalat by e&. For over four decades, we've been connecting people, and now we're embracing a new era as the region's technology leader. Enhancing digital customer experiences and operational agility is our mission. Beyond traditional telecom, we offer innovative digital experiences in gaming, health, insurance, and more. As your trusted partner and advisor, we'll accelerate the digital world, from private networks to autonomous vehicles and AI. Step into a world of possibilities with Etisalat by e&. #makepossible


17. Telus Corporation

  • 2022 Revenue – 14 billion USD
  • Number of Employees - 30,677
  • Founding year - 1990
  • Location: Canada

Company description: Experience the power of purpose at TELUS, where innovation and social impact thrive. Our dedicated team strives to make your life safer and more convenient through cutting-edge technology solutions. We prioritize inclusivity, generosity, and collaboration, empowering our customers, communities, and employees to flourish in the digital realm. Discover a supportive environment that values your unique perspective and unleashes your potential. Fuel your career growth with guidance, skill-building opportunities, and the freedom to pursue your passions. Together, we go beyond expectations, making a positive impact on communities and the planet. Join our forward-thinking team, driving sustainable change and solving real-world challenges.


18. MTN Group

  • 2022 Revenue – 12.6 billion USD
  • Number of Employees - 45,460
  • Founding year - 1994
  • Location: South Africa

Company description: MTN Group is Africa's premier mobile network operator, delivering voice, data, fintech, digital, enterprise, wholesale, and API services to over 289 million customers across 19 markets. Our mission is to ensure that everyone can benefit from a modern connected life. Guided by Africa's potential, we are dedicated to bridging the digital divide, promoting financial inclusion, and advancing the United Nations Sustainable Development Goals. Since our establishment in South Africa in 1994, we have invested in cutting-edge communication infrastructure, innovative technologies, and our diverse talent to serve communities in Africa and the Middle East. Our Ambition 2025 strategy focuses on leading digital solutions for Africa's progress, leveraging our leading brand, extensive footprint, robust connectivity infrastructure, and advanced technology platforms. Through strategic partnerships, enhanced cost efficiencies, and capital expenditure optimization, we are building the largest and most valuable platform business in Africa.


19. Rogers Communications

  • 2022 Revenue – 11.8 billion USD
  • Number of Employees - 22,000
  • Founding year - 1960
  • Location: Canada

Company description: At Rogers Communications, we understand the importance of everyday connections that bring us closer to what truly matters. Whether it's sending a glowing work email to your team or taking a last-minute conference call from the airport, we are there to support you every step of the way. With our reliable and innovative solutions, we ensure seamless communication and connectivity in your personal and professional life. Trust Rogers to keep you connected and empowered to achieve your goals. Experience the difference of a telecommunications company that is committed to your success.


20. Swisscom

  • 2022 Revenue – 11.6 billion USD
  • Number of Employees - 15,002
  • Founding year - 1998
  • Location: Switzerland

Company description: As the leading provider, Swisscom is at the forefront of shaping the future in the connected world. Our vision is to inspire people and actively contribute to shaping the future. With trust, commitment, and curiosity, we embrace the unknown and create opportunities. Join us on this thrilling journey and explore exciting career opportunities with Swisscom and our subsidiaries. Whether it's at our cutting-edge DevOps Centres in Riga or Rotterdam or in various business domains, you'll work on the latest technological trends. Be part of our team and make a difference in the dynamic world of Swisscom!


21. Singtel

  • 2022 Revenue – 11.2 billion USD
  • Number of Employees - 25,000
  • Founding year - 1879
  • Location: Singapore

Company description: Singtel, Asia's premier communications technology group, offers a comprehensive range of services, including next-gen communication, 5G, and technology solutions, as well as infotainment for consumers and businesses. With a strong presence in Asia, Australia, and Africa, we connect over 740 million mobile customers across 21 countries. Our extensive infrastructure and technology services span 21 countries, with 428 direct points of presence in 362 cities. For consumers, Singtel provides a seamless suite of services, encompassing mobile, broadband, and TV. For businesses, we offer workforce mobility solutions, data hosting, cloud services, network infrastructure, analytics, and cybersecurity capabilities. Our dedication to continuous innovation drives us to leverage next-gen technologies, shaping a sustainable digital future while delivering exceptional customer experiences. Join Singtel in unlocking new possibilities and empowering connections for thriving businesses, supported by our passionate workforce and strong community partnerships.


22. Telenor Group

  • 2022 Revenue – 10.3 billion USD
  • Number of Employees - 16,000
  • Founding year - 1855
  • Location: Norway

Company description: Telenor Group is a leading telecommunications company with a strong presence in the Nordics and Asia, serving 158 million subscribers. With annual sales of approximately NOK 99 billion in 2022, we are committed to responsible business practices and empowering societies. With over 165 years of expertise in connectivity, our purpose is to connect our customers to what matters most. At Telenor, we embrace four core behaviors: Always Explore, Create Together, Keep Promises, and Be Respectful. These values drive our continuous learning, collaboration, trust-building, and customer-centric approach to deliver exceptional services and care.


23. Telkom Indonesia

  • 2022 Revenue – 9.4 billion USD
  • Number of Employees - 19,494
  • Founding year - 1965
  • Location: Indonesia

Company description: Telkom Indonesia (Persero) Tbk (Telkom) is a leading state-owned telecommunications and information technology enterprise in Indonesia. With the Government of Indonesia as the majority shareholder, Telkom is dedicated to delivering customer-centric services and embracing digital transformation. Our goal is to streamline operations, ensuring agility in a rapidly evolving telecommunications industry. Through our leaner and more efficient organization, we strive to provide exceptional customer experiences. TelkomGroup adapts to the advancements in technology, information, and digitalization while maintaining a focus on telecommunications and information technology. Our expanding business lines complement our existing legacy operations, reflecting our commitment to innovation.


24. Ooredoo Group

  • 2022 Revenue – 6 billion USD
  • Number of Employees - 27,163
  • Founding year - 1987
  • Location: Qatar

Company description: Welcome to Ooredoo Group, an esteemed international communications company operating in the Middle East, North Africa, and Southeast Asia. With our extensive presence across 10 countries, we excel in delivering exceptional data experiences through advanced mobile and fixed networks, offering a diverse range of content and services. Our commitment is to provide unparalleled customer satisfaction and network performance to our vast customer base of over 138 million individuals. Embracing the transformative power of mobile technology, we believe in driving positive social and economic change, propelling communities forward. Join us on this journey of progress and connectivity.


25. Turkcell

  • 2022 Revenue – 3 billion USD
  • Number of Employees - 26,000
  • Founding year - 1994
  • Location: Türkiye

Company description: Turkcell, a leading telecommunication and technology services provider, is dedicated to delivering exceptional voice, data, TV, and value-added services to customers on mobile and fixed networks. As a prominent company in Turkey, Turkcell is listed on both Borsa Istanbul (BIST) and the New York Stock Exchange (NYSE), showcasing its global reach. Committed to integration and innovation, Turkcell offers a comprehensive range of products and services, serving the diverse needs of both consumers and businesses. With investments abroad, including KKTCell in Northern Cyprus, lifecell in Ukraine, BeST in Belarus, and operations in Germany, Turkcell ensures seamless mobile communication services across Turkey and the world.


26. China Telecom

  • 2022 Revenue – 71.5 million USD
  • Number of Employees - 625
  • Founding year - 2002
  • Location: China

Company description: China Telecom Global Limited, a leading global provider of integrated telecommunication services, is committed to expanding its global presence and meeting evolving demands. Established in 2012 and headquartered in Hong Kong, China, China Telecom Global leverages its extensive network resources, including 47 submarine cables with 74T intercontinental capacity and 223 Points-of-Presence (PoPs) worldwide. With a focus on delivering high-performing global network solutions, China Telecom serves international carriers, multinational enterprises, and overseas Chinese customers. Offering a comprehensive range of communication services such as internet access, data solutions, cloud computing, and more, China Telecom empowers businesses with transformative solutions, enabling growth, global expansion, and digital competitiveness.


27. America Movil

  • 2022 Revenue – 43.3 million USD
  • Number of Employees - 176,014
  • Founding year - 2000
  • Location: Mexico

Company description: América Móvil, S.A.B. de C.V. (AMX) is the largest wireless company in Latin America and the third-largest globally in terms of equity subscribers. With extensive regional knowledge, a strong capital structure, and operational efficiency, we have established ourselves as the leading wireless services provider in Latin America. Our operations span 18 countries, serving over 265 million mobile customers, more than 31 million fixed lines, 19 million fixed broadband accesses, and over 19 million television subscribers. With a coverage that reaches a population of 852 million, we offer state-of-the-art products, quality services, and a client-centric approach to capitalize on growth opportunities and drive revenue and profit expansion.


28. BT Group

  • 2022 Revenue – 20.8 million USD
  • Number of Employees - 98,400
  • Founding year - 1980
  • Location: United Kingdom

Company description: As one of the world's top communications services companies, BT Group plays a crucial role in modern life. Our mission is clear and bold: we connect for positive change. Connecting people has no bounds, and in a rapidly evolving technological landscape, these connections are vital to daily existence. Now more than ever, our connections are instrumental in tackling global challenges like the pandemic, climate change, and cybersecurity. Harnessing the power of technology, we empower customers to live, work, and collaborate more effectively. Experience the transformative potential of our solutions as we shape a better future together.


29. SK Telecom

  • 2022 Revenue – 12 million USD
  • Number of Employees - 7,155
  • Founding year - 1984
  • Location: South Korea

Company description: Since its establishment in 1984, SK Telecom has been at the forefront of mobile industry development. Today, we're redefining customer experience by expanding beyond traditional connectivity. By embracing AI as the foundation of our operations, we're swiftly evolving into an AI-driven enterprise. Our focus lies in pioneering advancements across telecommunications, media, AI, metaverse, cloud, and connected intelligence. Through these innovations, we deliver enhanced value to individuals and businesses alike. Experience the transformative power of our solutions as we shape a future where connectivity and intelligence intertwine seamlessly. Discover how SK Telecom is leading the way in the digital landscape.


30. VEON Ltd.

  • 2022 Revenue – 3.7 million USD
  • Number of Employees - 66,000
  • Founding year - 2009
  • Location: Russia

Company description: Discover VEON, the global digital operator revolutionizing connectivity and digital services across seven vibrant countries, impacting over 8% of the global population. Our transformative technology-driven solutions empower individuals, fostering personal growth and fueling economic development. Experience a world of possibilities as we reshape lives through cutting-edge digital services. With VEON, connectivity becomes a catalyst for change, driving progress and creating opportunities for all. Join us in this digital revolution and unlock a future full of growth and empowerment.

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