The telecommunications industry is forecast to continue to expand operations on a global level. Today more individuals are signing up for telephone and internet contracts. Also new telecommunication technologies in developed nations are expanding providers’ pre-existing customer bases. Each of the world`s best telecommunication companies have a market value of at least $50 billion. This article aims at highlighting the world`s top telecommunication & internet equipment supplier.
The following companies are the world`s top telecommunication & internet equipment supplier:
- China Mobile Ltd
China Mobile Ltd Leads in the number of subscribers of telecommunications services in China. It had more than 925 million customers at the start of 2019. Also it tops the world with its market value was $217.5 billion in February 2019, and between 2016 and 2017 its customer base grew by 4.5%.
- Verizon Communications Inc
In 2017, Verizon Communications had its sales weighing in at $131.8 billion. It is the leading telecommunication company in the United States Formed in 2000 with headquarters in New York City. Verizon currently operates in more than 150 countries.
- AT&T Inc
AT&T Inc. (NYSE: T) follows Verizon Communications as the second-largest telecommunications company in the United States. It had a market value of $211.688 billion in February 2019.It covers more than 355 million people and operates n more than 200countries. It also operates more than 34,000 Wi-Fi hotspots.
- Vodafone Group plc
In 2018, Vodafone Group plc was servicing more than 500 million mobile customers. The headquarters are in the United Kingdom. Its market value was $48.39 billion as of February 2019. As of the start of 2019 Vodafone was the most valuable brand in the United Kingdom and hosted mobile operations in 26 countries.
- Nippon Telegraph & Telephone Corporation
It was founded in Japan. As at February 2019, Nippon Telegraph & Telephone Corporation had a market value of $81.564 billion. It derives much of its business from fibre Internet connections. Nippon Telegraph & Telephone Corporation relies on the sales of its cloud computing services to increase its customer base.
- Softbank Group Corp.
Softbank Group Corp started in 1981 as a packaged software distributor, and has since created a domestic telecommunications segment those services. The company’s market value was $98.785 billion in February 2019.
These companies are some of the top telecommunication & internet equipment supplier across the world/globe from back then and still hold their market by increasing their innovation to always gain competitive advantages over those other companies that come late.