The telecommunications firm Verizon is the leading provider of mobile services in the United States, with a market share of nearly ** percent of wireless subscriptions as of the last quarter of 2024. T-Mobile and AT&T are the other major wireless carriers in the U.S. market.  The market share is based on subscription figures reported by the companies in quarterly earnings and financial statements. Mobile virtual network operator (MVNO) subscriptions were not considered for the statistic. Seismic shift: T-Mobile and Sprint Merger T-Mobile’s **** billion U.S. dollar acquisition of Sprint Corp. became official on 1st April 2020, a merger that temporarily reduced the number of major wireless providers in the United States. Under the terms of the merger, T-Mobile acquired Sprint’s ***** million postpaid subscribers, joining the 47 million T-Mobile postpaid wireless subscribers. DISH Network Corporation acquired Sprint’s prepaid mobile business, Boost Mobile, raising that number to ****, satisfying the United States Department of Justice (DOJ) that the market would remain competitive.  T-Mobile is the largest U.S. telco by market cap As of 2024, T-Mobile had a market capitalization of over *** billion U.S. dollars, the highest of any U.S. telecommunications company. Beijing-based China Mobile and U.S. giant Verizon trailed, with a market cap of *** and *** billion U.S. dollars, respectively. Comcast and AT&T were valued at *** and *** billion U.S. dollars, respectively.

This graph displays the number of subscribers to top wireless carriers in the United States from the first quarter of 2013 to the second quarter of 2020. In the second quarter of 2020, Verizon Wireless led the list with ***** million subscribers, followed by AT&T that recorded more than ****** million subscribers that same quarter. Wireless subscribers by carriers - additional information Verizon Wireless and AT&T are the leading wireless carriers in the United States, with each accounting for about one third of the market of wireless subscriptions. Since 2011, Verizon has had the highest wireless revenue among U.S. telecommunication providers. In 2015, Verizon reported almost ** billion U.S. dollars in wireless revenue in the United States, almost ** billion U.S. dollars more than AT&T in the same year. Those two companies have the some of the lowest monthly churn rates in the U.S. market – the average percentage of subscribers that cease to use the company’s services per month. The churn rate is a parameter to measure the loyalty of a company’s subscriber base; the lower the churn rate, the better the outlook for the company. Both companies are also major players in the billion-dollar global telecommunication services industry. In 2016, AT&T’s operating revenue worldwide amounted to about *** billion U.S. dollars, with Verizon also generating revenues in excess of *** billion U.S. dollars.

The wireless telecommunication carrier industry has witnessed significant shifts recently, driven by evolving consumer demands and technological advancements. The popularity of smartphones and rising data consumption habits have mainly driven growth. Households have chosen to disconnect their landlines to cut costs and receive network access away from home. Industry revenue was bolstered during the current period by a surge in mobile internet demand. The revival of unlimited data and call plans prompted industry-wide adjustments to pricing and data offerings. While competition has intensified, leading to price wars and slender margins, carriers have embraced bundled offerings of value-added services, like streaming subscriptions, to distinguish themselves. Despite these efforts, revenue growth remains sluggish amid high operational costs and a saturated market. Overall, Wireless Telecommunications Carriers' revenue has modestly grown at an annualized rate of 0.1% to total $340.3 billion in 2025, when revenue will climb an estimated 6.0%, as the early shift to fifth-generation (5G) enables businesses to renegotiate the current product-price paradigm with consumers. The industry is defined by a transition from primarily providing voice services to focusing on providing data services. Technological change, namely the shift from fourth-generation (4G) wireless data services to 5G, continues to shape the industry. Companies expand scope through mergers and acquisitions, acquiring spectrum and niche customer bases. The battle for wireless spectrum intensified as 5G technology became a focal point, requiring carriers to secure valuable frequency bands through hefty investments. For instance, Verizon's $45 billion expenditure in the C-band spectrum auction highlights the critical importance of spectrum acquisition. While Federal Communications Commission (FCC) regulations have curtailed large-scale consolidations, strategic alliances and mergers have been common to share infrastructure and expand market reach. Also, unlimited data plans have shaken up cost structures and shifted consumers to new providers. Following the expansion of unlimited data and calls, profit is poised to inch downward as the cost of acquiring new customers begins to mount. Profitability is additionally hindered by supply chain disruptions, which still loom large, as equipment delays and price hikes impact rollout timeliness. Industry revenue is forecast to incline at an annualized 5.4% through 2030, totaling an estimated $443.5 billion, driven by the expansion of mobile devices using data services and increasing average revenue per user. As the rollout of 5G networks increases the speed of wireless data services, more consumers will view on-the-go internet access as an essential function of mobile phones. Moving forward, the industry landscape will be characterized by the heightened competition among carriers for wireless spectrum, an already scarce resource and efforts to connect more Americans in remote parts of the country to fast and reliable internet. Subscriber saturation presents a formidable challenge, compelling carriers to focus on existing customers and innovative service packages. Companies like AT&T and Verizon are pioneering flexible infrastructure projects, which could redefine the industry’s operational efficiency. Despite facing spectrum supply limitations, the industry is poised to benefit from seamless connectivity solutions for various sectors, potentially redefining wireless carriers’ roles in an increasingly interconnected world.

In 2024, Verizon provided over ***** million broadband internet connections in the United States, the highest recorded number of broadband connections in the given time period. The number of connections dropped significantly in in 2016 with the sale of local exchange business and related landline activities in California, Florida and Texas to Frontier Communications. Verizon’s wired and fixed services The number of Verizon video subscribers in the United States evolved in a similar fashion to the number of U.S. broadband internet subscribers since 2014; currently, Verizon FiOS has around ***** million videosubscribers. This puts the subsidiary company in fifth place in the Pay TV provider rankings behind AT&T Premium TV, Comcast Corporation, Charter Communications, and Dish Network. Verizon FiOS is the company’s bundled internet offering, including telephone and television services using a fiber-optic communication network. In addition, FiOS Verizon also offers regular broadband internet services and landline voice services with its wireline segment.

In 2023, AT&T had a total of 241.53 million wireless subscribers, a significant increase since the previous year. Over the last decade, the wireless subscriber count has been steadily growing and it has more than tripled since 2007. AT&T’s wireless subscriber base and ARPU AT&T’s wireless subscribers can be divided into three separate subscription type groups: postpaid, prepaid, and reseller. The largest group by far is the postpaid group which had about 84.7 million subscribers in 2022. The prepaid model has been steadily increasing over the last nine years, while reseller subscriptions have been losing traction since 2016. Each of these subscribers generates a certain amount of revenue. In the fourth quarter of 2023, the company’s wireless ARPU (average revenue per user) exceeded 50 U.S. dollars for its postpaid service and 56 U.S. dollars for its phone-only postpaid service. AT&T also has one of the lowest monthly churn rates on the U.S. market. This means that the average percentage of people that ended their subscription with the company is low. Wireless carriers in the United States Of the three major wireless carriers in the United States - AT&T, Verizon, T-Mobile - out of which AT&T holds the largest share of the wireless subscription market. In the first quarter of 2018, AT&T surpassed Verizon in number of wireless subscriptions and now AT&T have the highest number of subscribers in the United States. In 2020, T-Mobile and Sprint merged and in the second quarter of 2020 the surviving brand T-Mobile USA, had more wireless subscribers than Verizon.

Wired telecommunications carriers offer local and long-distance voice services using the public switched telephone network and wholesale access to networks for use by companies that provide voice communication services to customers. Once the principal provider of voice communication services, numerous substitutes have siphoned revenue away, such as wireless telephony and Voice over Internet Protocol (VoIP) technology. In recent years, the wired telecommunication carrier industry has faced mounting challenges as wireless communication technologies advance rapidly. The increasing global penetration of smartphones and mobile internet has caused a noticeable shift, with more users opting for wireless connections. This trend is primarily driven by the expansion of 5G networks, which offer faster and more reliable service. Traditional wired telecommunications, like landlines and DSL, are falling out of favor due to their slower speeds and limited reliability. Carriers have had to adapt swiftly, often bundling services like internet and TV to maintain customer loyalty and reduce churn rates. Industry-wide revenue has inched forward at an average annualized 0.9% over the past five years. It is expected to total $66.1 billion in 2025, when revenue will regress by 0.3%. Profit is slated to strengthen as carriers have made cost-cutting measures in response to waning demand. Still, the industry has yet to achieve the same revenue totals that it did in 2019. While some wired carriers have managed to soften the blow by bundling services, the trend has continually moved towards more flexible communication options. Wired telecommunications carriers have begun deploying fiber-optic networks, which provide faster speeds and larger bandwidth capacity than traditional copper. Deploying fiber-optic networks has partially mitigated declining demand. Also, business customers have been hesitant to abandon their landlines due to the associated reliability and security. Programs like the FCC’s Rural Digital Opportunity Fund and private investments have been pivotal in expanding broadband access. Despite these vestiges of demand, wired telecommunication has largely lost ground to its wireless counterpart. Major carriers will continue centering and expanding services such as high-speed internet at the expense of copper wired service and infrastructure. As demand for local and long-distance voice services continues to depress and more households switch to wireless phones, this industry will endure challenges. With the phasing out of copper infrastructure, carriers are betting on fiber-optic technology to provide high speeds and bandwidth. Investments spurred by federal initiatives will extend broadband access and fuel growth in underserved areas, though companies will need to commit substantial upfront funds. Profit will climb slightly due to the prevalence of bundling packages and higher-priced fiber-optic services, which will help temper further declines. Industry revenue will marginally drop at an annualized 0.2% to $65.5 billion in 2030.

In 2024, approximately 99,600 people worked for Verizon Communications as employees. The vast majority of Verizon’s employees are located in the United States. Workforce changes and future Even though Verizon is mostly active in the United States, the company provides products and services in more than 150 countries. The operator's number of employees has been decreasing steadily; in 2018, the company stated that it would reduce its workforce in order to better position itself for future growth. According to Verizon, the reasons for the recent cutback include reducing costs and preparing for 5G technology. The largescale workforce reduction was achieved by offering employees who volunteered to leave compensation and other benefits. Verizon in the telco industry Verizon is one of the largest U.S. telecom companies, alongside AT&T and T-Mobile US. AT&T leads the wireless market when measured by connections. As of the first quarter of 2023, around 46 percent of U.S. wireless connections were operated by AT&T, while Verizon and T-Mobile US operated around 30 and 24 percent respectively. Despite this, Verizon generated the most revenue of the three operators in 2022, with AT&T having spun-off its interests in the media company WarnerMedia.

This graph shows the average revenue per user for top wireless carriers in the United States, from the first quarter of 2013 to the second quarter of 2018. In the second quarter of 2018, the average revenue per user of Verizon Wireless was at ***** U.S. dollars.

Wireless carriers in the United States - additional information

The worldwide telecommunication market is divided into the wireline segment, offering mainly fixed voice telephony and fixed broadband access services, and the wireless segment, which includes mobile voice and mobile broadband access services. The later segment is served by communication services companies known as wireless carriers, wireless service providers, mobile network carriers or MNOs (mobile network operators). As of the last quarter of 2015, the largest wireless carriers in the United States based on the number of subscribers are Verizon Wireless, AT&T, Sprint Nextel and T-Mobile USA.

The main revenue stream for wireless carriers is represented by individual user subscription packs and related services, which is usually shown in one of the industry’s key figures – ARPU (average revenue per user). This allows comparisons of wireless carriers in the market. An analysis of the U.S. market for example shows that, as of the last reported quarter, the highest ARPU of wireless carriers was U.S. Cellular’s ***** U.S. dollars. As of 2015, the United States came in second in a ranking of countries based on the average monthly revenue per mobile user. Wireless operators’ churn rate, another important industry indicator, which shows the percentage rate at which customers stop subscribing to their service, puts Verizon in first place. Its churn rate of **** percent in the last quarter of 2015 meant that it is the wireless company loosing the least customers on the U.S. market.

This dataset contains mobile wireless download speed test results and areas where the PSD (Vermont Public Service Department) challenged mobile wireless service asserted by wireless carriers.DOWNLOAD SPEED TEST RESULTSResults from download speed tests that were conducted in September-December 2018 are contained by 6 point feature-classes, each with results for a particular carrier.PSD staff employed the android smartphone application G-NetTrack to conduct download speed tests at approximately 300 meter intervals along all federal-aid highways.The point feature-classes are very detailed and more suitable when zoomed into the neighborhood scale. All point feature-classes have the same field schema, which includes these fields: timestamp: Date and time at which the data point was collected. signal_str: Signal strength (RSRP in dBm). download_s: Download speed (in Mbps). latency: The round-trip time for a request to a website, in milliseconds.DRIVE-TEST BLOCKSDrive-test blocks (Utility_DriveTest_poly_Blocks) is a polygon feature-class that is composed of 1-kilometer blocks; it has a field for each of the 6 carriers; the fields show the average download speed recorded in each block for each carrier.The fields also include a composite field (All_) that contains averages of all carriers, masking variation in coverage between individual carriers. "999" indicates no test was conducted for the carrier in that block.Drive-test blocks are generalized information and are suitable when zoomed at various scales. A BLOCK DOES NOT INDICATE SERVICE THROUGHOUT A BLOCK; use the point feature-classes for detailed data and judge accordingly.WIRELESS CHALLENGE BLOCKSWireless Challenge Blocks (Utility_DriveTest_poly_VTMFCIIChallengeBlocks) depicts the status of each block in the submission of the PSD in the FCC Mobility Fund Phase II Challenge process. It shows challenges to mobile wireless service asserted by wireless carriersA value of 0 in the Area_1 field indicates that the challenge was rejected, either because a) the block is already largely eligible, or b) because no tests below 5 Mbps were submitted.DISCLAIMERVCGI and the State of VT make no representations of any kind, including but not limited to the warranties of merchantability or fitness for a particular use, nor are any such warranties to be implied with respect to the data.

The number of Verizon video subscribers in the United States has been decreasing since the end of 2016. As of the fourth quarter of 2023, Verizon had approximately ************* pay-TV subscribers, down from about *********** in the corresponding quarter of the previous year.

The internet service providers industry uses wired infrastructure to provide clients with internet access and related services, like web hosting, web page designing and consulting related to internet connectivity. Rising internet usage has benefited industry revenue growth, and government-subsidized network expansion has done the same, increasing the number of US broadband connections. A push toward broadband expansion in rural markets and a climb in demand from business customers has boosted industry revenue, which is poised to incline at an annualized rate of 3.5% to $168.5 billion in 2025, including growth of 4.2% in 2025 as investments and activity mount in line with an improving macroeconomic environment. As households increasingly rely on the internet for streaming, gaming, remote work, and cloud computing, ISPs are scrambling to deliver faster and more reliable service. The rising adoption of cloud computing, which involves accessing data online, has boosted demand for dedicated internet access services sold at a higher profit. With increasing demand, providers have begun launching fiber optic networks, rapidly improving connection speeds. Major enterprises that typically benefit from economies of scale also continue to bundle TV and phone, which includes Voice over Internet Protocol services and high-speed internet into one service package, adopting new technology. Consolidation has swept the industry, with blockbuster mergers—such as T-Mobile’s tie-up with Sprint and Verizon’s multi-billion-dollar acquisition push—reshaping market share and intensifying competition. At the same time, average broadband speeds have more than doubled, but ISPs have faced mounting pressure from cord-cutters, OTT competitors and fierce price wars, often leading to flat or declining revenues per user even as consumer bandwidth use reaches new heights. This competitive environment has led to plummeting profit. Looking ahead, the ISP industry shows no sign of slowing down. Over the next five years, fiber expansion and 5G fixed wireless will reach an even greater share of US households. Providers will continue investing heavily in gigabit networks, edge computing and advanced Wi-Fi to keep pace with the explosion in cloud computing, IoT devices and remote work. Retaining customers will hinge on delivering faster speeds, greater reliability, strong security and innovative value-added services, especially as open-access networks and new entrants threaten to erode traditional market advantages. Continued demand will lead to industry revenue growth, poised to climb at an annualized rate of 4.4% to $208.9 billion in 2030.

The industry has experienced a high level of revenue volatility over the five years to 2024 as business conditions have been positive, yet challenging. The rapid proliferation of mobile devices and growing demand for high-speed internet connectivity, broadband, data transmission and video and music download services have driven demand for industry construction services higher. Wireless telecommunication companies, namely AT&T, Verizon and T-Mobile, have become the industry's largest customers, accounting for nearly 90.0% of industry revenue. As these companies have sought to deliver advanced telecommunication services by deploying the latest infrastructure, industry revenue has risen. Over the past five years, revenue has expanded at a CAGR of 2.8% to $10.8 billion, including an expected 1.2% increase in 2024. Profit, meanwhile, has declined as purchase costs have claimed an increasing share of industry revenue. Over the past five years, demand for heavy and civil engineering construction services has expanded. The 2021 Infrastructure Investment and Jobs Act (IIJA), a historically large infrastructure spending bill, has driven this growth in recent years. Funds for wireless infrastructure are included in the bill, supporting the industry. Demand for telecommunication infrastructure construction is expected to grow over the coming years. During the period, private nonresidential construction investments are forecast to climb amid interest rate cuts. Local and state government investment, which includes funding for telecommunications projects, is also set to expand, with IIJA funding set to last into 2026. Wireless carriers are expected to invest significantly in increasing the capacity of their networks as their industry approaches maturity, with the number of mobile internet connections growing at a slow pace. Overall, revenue is forecast to grow at a CAGR of 1.9% to reach $11.8 billion in 2029.

As of Fall 2024, T-Mobile US had by far the fastest average 5G download speed among major United States (U.S.) network operators at 238.3 Mbps. It also offered the best typical overall download speed at 158.5 Mbps. 5G networks offer faster download speeds, lower latency, and greater reliability than previous generations. T-Mobile’s merger with Sprint has enabled it to challenge AT&T and Verizon T-Mobile US, which is majority owned by the German telecommunications firm Deutsche Telekom, has made significant investments in its attempts to challenge the dominance of AT&T and Verizon. This has included its 26 billion U.S. dollar merger with Sprint in 2020, which dramatically increased its subscriber share and placed it to challenge its rivals in the 5G space over the coming years. In addition to delivering the fastest 5G download speeds, the operator has also offered the best coverage among U.S. network operators.

Mobile Wireless Providers Market Share in the US, 2016 Discover more data with ReportLinker!

The statistic depicts the average monthly revenue per mobile user (ARPU) by country in 2015. The mobile ARPU in Canada was at 48.54 U.S. dollars in the third quarter of 2015.

Wireless subscriber ARPU – additional information

ARPU, a commonly used measurement in the telecommunication industry, is the average revenue generated by each consumer. In this case, it is the amount of money, on average, that a company brings in for each of its mobile wireless subscribers. The ARPU figure can be used to compare telecom service providers within a market or for example the cost of mobile services in countries. As shown in the statistic above, Canada and the United States have the highest ARPU in the world. In Canada, each wireless subscriber generates average revenue of around 49 U.S. dollars. Switzerland, Australia, Singapore and Norway are also amongst the countries with high average revenue per mobile user.

Since 2006, the monthly mobile services ARPU in the U.S. has ranged between 44 and 49 U.S. dollars. Top wireless carriers in the U.S. include Verizon Wireless, U.S. Cellular, Sprint and AT&T. As of the fourth quarter of 2016, Verizon Wireless and U.S. Cellular had an ARPU above the country's average, with 45.54 U.S. dollars and 43.57 U.S. dollars respectively. Bell Canada, Rogers Communication and Telus Corporation are three of the biggest and most trusted telecom companies in Canada. These three companies have an ARPU in line with the nation's average presented in the graph above.

Verizon Communications added 2.36 million wireless retail connections in 2024, slightly up from 2.14 million the previous year. The network operator reported annual revenue of 134 billion U.S. dollars in 2024, making it the largest telecom company in the United States by revenue.

In 2024, after changing the reporting method, AT&T had a total of *******million wireless subscribers, a significant decrease since the previous year. Over the last decade, the wireless subscriber count has been steadily growing and it had more than ******* since 2007 until 2023. AT&T’s wireless subscriber base and ARPU AT&T’s wireless subscribers can be divided into three separate subscription type groups: postpaid, prepaid, and reseller. The largest group by far is the postpaid group which had about ** million subscribers in 2024. The prepaid model has been steadily increasing over the last nine years, while reseller subscriptions have been losing traction since 2016. Each of these subscribers generates a certain amount of revenue. In the fourth quarter of 2023, the company’s wireless ARPU (average revenue per user) exceeded ** U.S. dollars for its postpaid service and ** U.S. dollars for its phone-only postpaid service. AT&T also has one of the lowest monthly churn rates on the U.S. market. This means that the average percentage of people that ended their subscription with the company is low. Wireless carriers in the United States Of the three major wireless carriers in the United States - AT&T, Verizon, T-Mobile - out of which AT&T holds the largest share of the wireless subscription market. In the first quarter of 2018, AT&T surpassed Verizon in number of wireless subscriptions and now AT&T have the highest number of subscribers in the United States. In 2020, T-Mobile and Sprint merged and in the second quarter of 2020 the surviving brand T-Mobile USA, had more wireless subscribers than Verizon.

Proposed wireless facilities as supplied (October 2019) by the wireless carrier companies (Verizon, AT&T, T-Mobile, Clearwire, etc.). Mapped version available here: https://sfplanninggis.org/wireless/

Connecticut General Statutes §16-50dd requires the Connecticut Siting Council to develop, maintain and update on a quarterly basis a Statewide Telecommunications Coverage Database that includes the location, type and height of all telecommunications towers and antennas in the state. Although the Siting Council has made every effort to ensure that this database is as inclusive as possible, it makes no representation that all telecommunications sites in the state are included in this listing. As the Siting Council becomes aware of sites that are unlisted, it takes steps to add these sites to the listing. The Council also welcomes corrections or additions to this database

In 2024, Verizon Communications generated ***** billion U.S. dollars in its consumer segment, more than three times the amount generated in its business segment. Effective April 1, 2019, there are two reportable segments that Verizon operates and manages as strategic business units under the new structure - Verizon Consumer Group (Consumer) and Verizon Business Group (Business). Verizon Communications’ segments The previous Wireless segment (Verizon Wireless) provides wireless communications products and services on a postpaid and prepaid basis in the United States. The previous Wireline segment provides corporate networking solutions and security and managed network services around the world, for example. The new Consumer segment provides consumer-focused wireless and wireline communications services and products. The new Business segment provides wireless and wireline communications services and products, video and data services, corporate networking solutions, security and managed network services, local and long distance voice services and network access to deliver various Internet of Things (IoT) services and products. The smallest segment – Corporate and Other – stays unchanged after the restructuring and includes the results from subsidiaries, such as Verizon Media and Verizon Connect, as well as historical results from divested businesses. Verizon’s revenue and subscribers Verizon Communications’ total operating revenue amounted to around *** billion U.S. dollars in 2024. This made the company the largest telecommunications operator in the United States by revenue, with AT&T having seen its revenue fall with the spin-off of its interests in WarnerMedia. As of the first quarter of 2024, Verizon accounted for over ** percent of U.S. mobile subscriptions.