Verizon remained the largest mobile service provider in the United States by subscriber count as of the second quarter of 2025. The New York-based operator commanded a market share of around ** percent, down from over ** percent in 2022. Meanwhile, rival firm T-Mobile US continued to grow its presence, capturing roughly one-third of all subscribers for the first time. Mobile virtual network operator (MVNO) subscriptions were not considered for this statistic. Seismic shift: T-Mobile and Sprint Merger T-Mobile has pursued an aggressive business strategy aimed at putting pressure on long-established market leaders Verizon and AT&T. This has included major deals designed to expand its market presence, most notably its 2020 acquisition of the network operator Sprint, which bolstered T-Mobile’s efforts to compete with its rivals on the quality of its 5G network. As of 2025, T-Mobile offered the fastest 5G download speeds by far among the three major operators. T-Mobile is the largest U.S. telco by market cap As of 2025, T-Mobile had a market capitalization of almost *** billion U.S. dollars, the highest of any U.S. telecommunications company. Beijing-based China Mobile and U.S. giant AT&T trailed, with a market cap of *** and *** billion U.S. dollars, respectively.

Forecast: Verizon Wireless Telecom Company Market Share in the US 2024 - 2028 Discover more data with ReportLinker!

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.

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

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.

Verizon reported $170.53B in Market Capitalization this December of 2025, considering the latest stock price and the number of outstanding shares.Data for Verizon | VZ - Market Capitalization including historical, tables and charts were last updated by Trading Economics this last December in 2025.

In the third quarter of 2025, Verizon Communications’ consolidated revenue amounted to approximately ***** billion U.S. dollars. Since 2013, Verizon's operating revenue has consistently exceeded *** billion U.S. dollars. Verizon’s place in the market Verizon is one of the largest players in the United States telecommunications market, along with AT&T and T-Mobile US. The majority of the company’s revenue is generated through its consumer services segment, which generated over three times the revenue of the firm's business segment in 2022. Up until 2018, Verizon and AT&T were joint wireless carrier market leaders, each holding a share of ** percent or more of subscriptions in the United States. However, since 2018, AT&T's market share has consistently exceeded that of Verizon.

Diluted-Average-Shares Time Series for Verizon Communications Inc. Verizon Communications Inc., through its subsidiaries, engages in the provision of communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. It operates in two segments, Verizon Consumer Group (Consumer) and Verizon Business Group (Business). The Consumer segment provides wireless services across the wireless networks in the United States under the Verizon and TracFone brands and through wholesale and other arrangements; and fixed wireless access (FWA) broadband through its wireless networks, as well as related equipment and devices, such as smartphones, tablets, smart watches, and other wireless-enabled connected devices. The segment also offers wireline services in the Mid-Atlantic and Northeastern United States, as well as Washington D.C. through its fiber-optic network, Verizon Fios product portfolio, and a copper-based network. The Business segment provides wireless and wireline communications services and products, including FWA broadband, data, video and conferencing, corporate networking, security and managed network, local and long-distance voice, and network access services to deliver various IoT services and products to businesses, government customers, and wireless and wireline carriers in the United States and internationally. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was incorporated in 1983 and is headquartered in New York, New York.

Discover the booming Wireless Telecommunication Carriers market! Explore its projected $2.3 trillion valuation by 2033, driven by 5G, IoT, and global mobile data growth. Analyze key players like AT&T, Verizon, and China Mobile, and understand market trends, restraints, and regional insights. Get the full report now!

Global Market Share by Key Players (2025)

Category	Industry Share (%)
Top 3 (AT&T, Verizon, China Mobile)	55%
Rest of Top 5 (Deutsche Telekom, Vodafone)	20%
Emerging Players (Rakuten Mobile, Dish Wireless, Jio)	20%
Niche Providers (Telefónica, Orange, Telstra)	5%

Tier-Wise Company Classification (2025)

Tier	Tier 1
Vendors	AT&T, Verizon, China Mobile, Deutsche Telekom, Vodafone
Consolidated Market Share (%)	55%

Tier	Tier 3
Vendors	Rakuten Mobile, Dish Wireless, Jio
Consolidated Market Share (%)	30%

Tier	Tier 1
Vendors	Telefónica, Orange, Telstra
Consolidated Market Share (%)	15%

When it comes to share of Americans using Verizon Wireless as mobile phone carrier, ** percent of 18 - 29 year olds do so in the U.S. This is according to exclusive insights from the Consumer Insights Global survey which shows that ** percent of 30 - 49 year old consumers also fall into this category.Statista Consumer Insights offer you all results of our exclusive Statista surveys, based on more than ********* interviews.

The US Telecom market, valued at $443.12 billion in 2025, is experiencing steady growth fueled by 5G, broadband expansion, and IoT. Learn about market trends, key players (AT&T, Verizon, Comcast), and future projections in our comprehensive analysis. Recent developments include: September 2022: AT&T unveiled its collaboration with Ford, thereby promising to deliver 5G Connectivity to the heavy-duty 2023 models of Ford. This ensures faster navigation, mapping, and audio downloads with AT&T 5G and enables Ford Power-Up software upgrades to be downloaded easily. This development will help the vehicle get better over time., August 2022: in association with Canva and Meta, T-Mobile launched an offer for small business enterprises to improve their marketing for free with user-friendly, skilled design and advertising resources. Through the end of the year, T-Mobile is providing Canva Pro on Us to ALL qualified small business customers, in addition to USD 200 in free Facebook and Instagram advertising.. Key drivers for this market are: Growth of Mobile Internet Connection, Deployment of 5G network in the United States. Potential restraints include: Growth of Mobile Internet Connection, Deployment of 5G network in the United States. Notable trends are: Deployment of 5G Networks in the United States.

Verizon had the highest total revenue among telecommunication providers and operators in the United States in 2023 with revenues of 134.79 billion U.S. dollars. This is about 12 billion higher than the revenue produced by runner-up, AT&T. T-Mobile US, as the third major telecom provider in the United States, has managed to more than double its annual revenue over the past five years from around 40 billion U.S. dollars in 2017 to more than over 81 billion U.S. dollars in 2024, boosted by its merger with Sprint. Main U.S. wireless providers Since at least 2008, AT&T had the highest operating revenue in the United States each year. For AT&T, Verizon, and T-Mobile US, revenue has increased significantly over the past ten years. T-Mobile's revenue specifically has quintupled since then. AT&T and Verizon were also ranked among the most valuable telecommunication brands worldwide in 2023, standing alongside companies, such as Deutsche Telekom and Xfinity. Wireless services segment Most of the wireless telecommunications revenue in the United States is generated by AT&T, Verizon, and T-Mobile US. Since 2011, AT&T has held about a third of the wireless subscription market in the United States, while Verizon claimed the top spot with around a market share of around 37 percent

Explore the booming prepaid wireless service market! This in-depth analysis reveals key trends, growth drivers, and market forecasts (2025-2033), highlighting major players like AT&T, Verizon, and Vodafone. Discover regional market shares and understand the future of prepaid mobile.

Discover the explosive growth in the global telecommunications market! This in-depth analysis reveals key trends, market size projections (2025-2033), leading companies, and regional breakdowns, including North America, Europe, Asia-Pacific, and more. Learn about 5G's impact, emerging technologies, and future growth opportunities.

The global Mobile Network Operator (MNO) market is a dynamic and highly competitive landscape, characterized by substantial growth driven by increasing smartphone penetration, expanding data consumption, and the proliferation of 5G technology. The market, estimated at $1.5 trillion in 2025, is projected to experience a Compound Annual Growth Rate (CAGR) of 7% from 2025 to 2033, reaching approximately $2.8 trillion by 2033. Key drivers include the ongoing deployment of 5G infrastructure, fostering innovation in applications and services like IoT, cloud gaming, and augmented reality. Furthermore, the increasing demand for high-speed, reliable internet access across both urban and rural areas, fuels market expansion. While the industry faces challenges such as spectrum scarcity, regulatory hurdles, and intense competition, leading players like AT&T, Verizon, T-Mobile, and Vodafone are strategically investing in network upgrades and diversifying their service offerings to maintain a competitive edge. The market's segmentation reflects diverse business models and technological approaches, with significant regional variations influenced by factors like economic development, regulatory frameworks, and infrastructure investments. The competitive landscape is shaped by both established global players and regional operators. The consolidation of smaller operators and mergers & acquisitions are common strategies observed. Significant growth is expected in emerging markets fueled by rising disposable incomes and increasing mobile penetration. However, maintaining profitability remains a critical challenge due to increasing infrastructure costs and the pressure to deliver competitive pricing. Technological advancements such as network slicing and edge computing will continue to shape future growth, while challenges surrounding data security and privacy necessitate robust regulatory frameworks and industry-wide collaboration. The successful MNOs will focus on enhancing customer experience through personalized services and improving operational efficiency, allowing them to effectively compete and capitalize on the market’s significant growth potential.

Discover the booming telecom market projected to surpass $1.5 trillion by 2025! Explore key drivers, trends, and restraints shaping the industry's future, including 5G deployment, IoT growth, and competition among giants like AT&T, Verizon, and China Mobile. Analyze market size, CAGR, and regional insights for strategic planning.

The USA wireless telecommunication services industry will reach a market value of USD 4,50,213.5 million in 2025 and grow steadily at a CAGR of 7.9%, reaching USD 9,60,785.9 million by 2035.

Attributes	Values
Estimated USA Industry Size in 2025	USD 4,50,213.5 million
Projected USA Industry Size in 2035	USD 9,60,785.9 million
Value-based CAGR from 2025 to 2035	7.9%

Semi-Annual Market Update for USA Wireless Telecommunication Services Market

Particular	Value CAGR
H1, 2024	7.3%
H2, 2024	7.6%
H1, 2025	7.7%
H2, 2025	8.0%

An Analysis of USA Wireless Telecommunication Services Market by Segment

Service Type	Market Share (2025)
Data/Internet Services	40.5%
Fixed Voice Services & Messaging	22.3%
Telecom Managed Services	20.7%
Cloud Services	16.5%

Technology	Market Share (2025)
3G	15.4%
4G	54.6%
5G	30.0%

Market Concentration and Competitive Landscape

Vendors	Market Share (2025)
Verizon	27.4%
AT&T	24.1%
T-Mobile	18.7%
Comcast	8.3%
Others	21.5%

The global Mobile Network Operator (MNO) market is booming, projected to reach $1.5 trillion in 2025 and grow at a 7% CAGR through 2033. Driven by 5G, IoT, and smartphone adoption, this in-depth analysis explores market trends, key players (AT&T, Verizon, China Mobile, etc.), regional growth, and future challenges.

The global telecommunications market is booming, projected to reach $2.5 trillion by 2033, driven by 5G, IoT, and cloud services. Explore key trends, major players (AT&T, Verizon, China Mobile), and regional growth in this in-depth market analysis.