In this article, we discuss 5 of the most valuable telecom companies in the world. If you want to see more of the most valuable telecom companies in the world, go directly to 15 Most Valuable Telecom Companies In The World.
5. AT&T Inc. (NYSE:T)
Market Capitalization as of 11/28: $134.13 billion
AT&T Inc. (NYSE:T) is one of the largest telecom companies in the United States with $118 billion in consolidated 2021 revenues. Given a merger that didn’t work out so well with Time Warner, shares of AT&T Inc. (NYSE:T) have not done well in recent years and the company had to cut its dividend this year. Nevertheless, the telecom giant is focusing on its future with its nationwide 5G network and a growing fiber business. AT&T Inc. (NYSE:T) ranks #5 on our list of 15 Most Valuable Telecom Companies In The World with a market capitalization of $134.13 billion.
4. China Mobile
Market Capitalization as of 11/28: $149.82 billion
Given that China is the largest country by population and second largest by nominal GDP, China Mobile has substantial scale. In 2021, China Mobile was China’s largest telecom company with 957 million customers and the company had revenues of $133 billion for the year. As of November 28, China Mobile has a market capitalization of almost $150 billion.
3. Comcast Corporation (NASDAQ:CMCSA)
Market Capitalization as of 11/28: $153.87 billion
Comcast Corporation (NASDAQ:CMCSA) is a leading telecom with a giant media business. In addition to owning one of the United States’ largest video, high speed internet and phone providers in Comcast Cable, Comcast Corporation (NASDAQ:CMCSA) also owns NBCUniversal which owns channels such as CNBC. As of November 28, Comcast Corporation (NASDAQ:CMCSA) has a market value of almost $154 billion.
2. Verizon Communications Inc. (NYSE:VZ)
Market Capitalization as of 11/28: $160.60 billion
Verizon Communications Inc. (NYSE:VZ) ranks #2 on our list of 15 Most Valuable Telecom Companies In The World with a market capitalization of over $160 billion. In the third quarter, Verizon Communications Inc. (NYSE:VZ) reported adjusted EPS of $1.32 compared to $1.42 in the third quarter of 2021. Total revenue for the period was $34.2 billion and adjusted EBITDA was $12.2 billion. Given the weaker broader market, shares of Verizon Communications Inc. (NYSE:VZ) are down 26.4% year to date.
1. T-Mobile US, Inc. (NASDAQ:TMUS)
Market Capitalization as of 11/28: $186.49 billion
T-Mobile US, Inc. (NASDAQ:TMUS) ranks #1 on our list of 15 Most Valuable Telecom Companies In The World given the stock’s performance in 2022. As a result of increasing subscribers and strong earnings results, T-Mobile US, Inc. (NASDAQ:TMUS) shares have rallied 31% year to date to give the stock a market capitalization of $186.49 billion. T-Mobile US, Inc. (NASDAQ:TMUS) is also doing well in terms of realizing synergies from its Sprint merger. In Q3 2022, the company raised its merger synergies guidance range to $5.7 billion to $5.8 billion in 2022, up from the previous range of $5.4 billion to $5.6 billion. In the third quarter, the telecom giant also raised its 2022 guidance with core adjusted EBITA expected to be between $26.2 billion and $26.4 billion, compared to the prior guidance of $26 billion to $26.3 billion.
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