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.

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!

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 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 had the highest total revenue among telecommunication providers and operators in the United States in 2023 with revenues of 134 billion U.S. dollars. This is about ten 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 78 billion U.S. dollars in 2023, 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

[Keywords] Market include NEC Corporation, Huawei, Verizon Communications, China Mobile, T-Mobile USA

In the second quarter of 2024, Verizon Communications’ consolidated revenue amounted to approximately 32.8 billion U.S. dollars. Since 2013, Verizon's operating revenue has consistently exceeded 120 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 30 percent or more of subscriptions in the United States. However, since 2018, AT&T's market share has consistently exceeded that of Verizon.

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%

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.

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 statistic shows the mobile phone sales share by carrier/channel in the United States in the fourth quarter of 2015. In the fourth quarter of 2015, Verizon had a ** percent share of the mobile phone market in the United States.

The US MVNO (Mobile Virtual Network Operator) industry, valued at approximately $13.72 billion in 2025, is poised for steady growth, projected at a CAGR of 4.31% from 2025 to 2033. This growth is fueled by several key drivers. Increased demand for affordable mobile services, particularly among budget-conscious consumers and businesses, is a significant factor. The rising popularity of prepaid plans and the increasing adoption of mobile devices, especially smartphones, further contribute to market expansion. Technological advancements, such as 5G network rollout and the development of innovative mobile services, create opportunities for MVNOs to differentiate themselves and attract new subscribers. The market is segmented by operating model (reseller, service operator, full MVNO, others) and subscriber type (business, consumer). Reseller MVNOs, leveraging existing network infrastructure, often dominate in terms of market share due to lower initial investment costs, while Full MVNOs offer more control over branding and service offerings. Competition is intense, with major players like Verizon, AT&T, T-Mobile, and smaller, niche players like Cricket Wireless and Republic Wireless vying for market share. The competitive landscape is characterized by price wars and strategic partnerships to expand reach and customer base. The US MVNO market faces some challenges. Regulatory hurdles and complexities associated with network access agreements can hinder growth for smaller MVNOs. Furthermore, maintaining profitability in a price-sensitive market requires efficient operational management and effective marketing strategies. The dominance of large telecom players also poses a considerable challenge for smaller MVNOs. However, opportunities exist for targeted marketing strategies focusing on specific demographics and needs, such as tailored plans for seniors or businesses requiring specialized mobile solutions. The successful MVNOs will be those that can effectively balance cost management, innovative service offerings, and robust customer service to navigate this dynamic market. Key drivers for this market are: , Increasing Mobile Network Subscribers and the Growing Penetration Of Data Users; Rising Demand For Efficient Cellular Networks. Potential restraints include: , Increasing Mobile Network Subscribers and the Growing Penetration Of Data Users; Rising Demand For Efficient Cellular Networks. Notable trends are: Rising Demand for Efficient Cellular Network is Expected to Drive the Market.

In 2023, AT&T had a total of ****** 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 ******* 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 **** 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 ** 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.

The US Telecom industry, a robust $443.12 billion market in 2025, is projected to experience steady growth, driven primarily by increasing demand for high-speed internet, advanced mobile services, and the proliferation of connected devices fueling the Internet of Things (IoT). The 3.67% CAGR signifies a consistent expansion, albeit at a moderate pace compared to previous periods of explosive growth. Key growth drivers include the ongoing 5G rollout, expanding broadband penetration, particularly in rural areas, and the surging adoption of cloud-based services and applications. While the market faces constraints like increasing infrastructure costs, regulatory hurdles, and competition among established players like AT&T, Verizon, Comcast, and T-Mobile, these challenges are mitigated by the continuous innovation in service offerings. The segment breakdown reveals a significant contribution from data services, driven by the rising data consumption patterns, followed by voice services (both wired and wireless) and the growing adoption of OTT and Pay TV services. Competition is fierce, and successful players are those who strategically invest in network upgrades, deliver superior customer experience, and effectively bundle services to cater to evolving consumer preferences. The industry is likely to see consolidation and strategic partnerships to enhance competitiveness and expand market reach. The forecast period (2025-2033) anticipates continued growth, albeit at a possibly slower pace, influenced by economic factors and the saturation of certain market segments. However, emerging technologies like edge computing and the increasing adoption of fiber optic infrastructure are expected to stimulate further expansion. The regional distribution likely shows North America dominating the market, followed by Europe and Asia-Pacific. Growth in regions with lower penetration rates (e.g., parts of South America and Africa) holds significant potential for future expansion, though infrastructure development remains a key challenge in these markets. Continuous advancements in network technologies, coupled with a focus on improving cybersecurity and customer service, will define the future landscape of the US telecom market. 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.

The Report Covers US Telecom Industry Share and Companies. The Market is segmented by Service into Voice Services (Wired, Wireless), Data and Messaging Services, and OTT and Pay TV.

Verizon reported $174.81B in Market Capitalization this July 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 July in 2025.

The global cellular and mobile telephone services market is experiencing robust growth, driven by increasing smartphone penetration, expanding 5G network deployments, and the rising demand for high-speed data services across diverse sectors. The market's significant size, estimated at several trillion dollars in 2025, reflects the pervasive nature of mobile communication in modern life. Key application segments, including manufacturing (for industrial IoT and communication), energy and utilities (for smart grid management and remote monitoring), and media and entertainment (for content streaming and interactive services), are experiencing particularly strong growth. Furthermore, the proliferation of IoT devices and the increasing integration of mobile technology into various aspects of daily life are fueling further expansion. While challenges such as regulatory hurdles and network security concerns exist, the overall market trajectory remains strongly positive, projecting a substantial compound annual growth rate (CAGR) over the forecast period (2025-2033). Technological advancements, including the continued rollout of 5G and the exploration of 6G technologies, will shape the market landscape in the coming years. The competitive landscape is characterized by a mix of established telecommunication giants and technology companies. Major players like AT&T, Verizon, Vodafone, and China Mobile are leveraging their existing infrastructure and customer bases to maintain market leadership. However, technology companies like IBM, Cisco, and Google are increasingly involved, contributing to innovations in network infrastructure and service offerings. The regional distribution of the market is geographically diverse, with North America and Asia Pacific representing significant market shares, driven by high smartphone adoption rates and robust digital infrastructure development. Emerging economies in Asia and Africa are also demonstrating substantial growth potential, presenting both opportunities and challenges for market participants. This dynamic interplay of technological advancements, regulatory developments, and evolving consumer behavior continues to reshape the cellular and mobile telephone services market.

The global telecommunications market, currently valued at approximately $XX million (estimated based on available data and industry trends), is projected to experience robust growth, exhibiting a Compound Annual Growth Rate (CAGR) of 3.25% from 2025 to 2033. This expansion is driven by several key factors. The increasing adoption of 5G technology is fueling demand for higher bandwidth and faster speeds, creating lucrative opportunities for telecom providers. Simultaneously, the burgeoning Internet of Things (IoT) ecosystem, with its interconnected devices and data-driven applications, is significantly expanding the market's addressable base. Furthermore, the relentless growth in mobile data consumption and the rise of cloud-based services are further propelling market expansion. Competition among established players like Vodafone, AT&T, and Verizon, alongside the emergence of agile technology companies, continues to shape the market landscape. Successful strategies will center around investing in advanced infrastructure, offering innovative services, and securing competitive pricing to attract and retain a large subscriber base. Effective customer engagement strategies focusing on personalized experiences and reliable service become crucial for sustained growth. However, the market's growth is not without its challenges. Regulatory hurdles and spectrum allocation complexities pose significant restraints, impacting investment and expansion plans for many providers. Moreover, the need for substantial capital investment in infrastructure upgrades to support 5G and IoT deployments creates a barrier to entry for smaller players. Finally, maintaining data security and user privacy in an increasingly connected world necessitates continuous innovation and substantial investment, demanding considerable resources from telecom companies. Despite these hurdles, the long-term outlook for the telecommunications market remains positive, driven by technological advancements and ongoing digital transformation across various sectors. Effective strategic planning, coupled with agile adaptation to technological shifts and market demands, will be critical for achieving success in this dynamic landscape. Segmentation analysis reveals significant opportunities within both the type (e.g., fixed-line, mobile, broadband) and application (e.g., residential, enterprise, government) segments. Geographical distribution reveals key growth pockets in rapidly developing economies in Asia Pacific and the Middle East & Africa.