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.

In 2023, Verizon had a reported 144.8 million wireless retail connections, up from 143.25 million in 2022. Overall, the number of Verizon wireless subscribers has been steadily growing since 2007.

Verizon leads the U.S. market

Verizon is one of the largest U.S. telecom companies, alongside Verizon and T-Mobile US. AT&T leads the wireless market when measured by connections. As of the first quarter of 2024, around 37.6 percent of U.S. wireless connections were operated by Verizon, while T-Mobile US and AT&T operated around 31.4 and 29.8 percent, respectively. Unsurprisingly, Verizon generated the most revenue of the three operators in 2023, with AT&T's revenue declining sharply after having spun-off its interests in the media company WarnerMedia.

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.

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.

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

The size of the U.S. Mobile Virtual Network Operator Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of XXX % during the forecast period. A mobile virtual network operator, commonly known as an MVNO, is a telecommunication firm in the U.S. offering mobile phone services not as owners of wireless infrastructure. An MVNO typically leases access to one or all major carriers' networks - like Verizon, AT&T, and T-Mobile. Leverage their well-established infrastructure allows for more competitive pricing, along with flexibility, without bearing high costs from building and maintaining an entire network. MVNOs are mostly directed towards niches of targeted market, for example low-cost consumers, international travelers, or other niched communities. Most MVNOs run no-contract, allowing the users a higher degree of freedom compared to standard carriers. Well-known US-based MVNOs include brands like Cricket Wireless, Mint Mobile, and Boost Mobile. Increased competition by the rise of MVNOs in the U.S. mobile market increases consumers' options for low-priced mobile services while keeping them on track with good network coverage through the major networks.

Global Market Share by Key Players (2025)

Tier-Wise Company Classification (2025)

When it comes to share of Americans using Verizon Wireless as mobile phone carrier, 16 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 17 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 2,000,000 interviews.

Verizon reports a larger-than-expected loss in Q1 wireless subscribers due to price hikes and competition, but sees a 1.5% revenue growth.

Demand for Global Wireless Telecommunications Carriers has expanded due to greater mobile data use, supporting industry growth. More consumers are spending time online through various platforms for communication, entertainment, business and administrative tasks like online banking, and wireless telecommunication carriers have capitalized on this. The industry has also benefited from the rapid development of mobile device capability, primarily driven by smartphones' popularity and now smarter applications like virtual and augmented reality. As a result, revenue for Global Wireless Telecommunications Carriers is expected to climb at a CAGR of 0.2% to an estimated $1.9 trillion in 2025. This includes anticipated growth of 2.6% in 2025 alone as global 5G network deployments continue to pick up steam now that the most volatile pandemic periods have subsided. Telecommunications carriers have pursued two main growth strategies: expanding subscriber numbers and increasing average revenue per user (ARPU). Most new global wireless subscriptions have emanated from emerging markets, where the utility of the internet and wireless communications can be life-changing. In contrast, markets in developed economies have reached saturation, i.e. the number of mobile subscriptions has passed population levels. Carriers in developed economies have focused heavily on growing ARPU by providing more expensive mobile data services in bundles, which has boosted profit. Unlimited data and calling plans have shaken up cost structures and shifted consumers to new providers. With these plans becoming more commonplace, profit is poised to inch downward as the cost of acquiring new customers rises. Consequently, companies like China Mobile and Verizon seek acquisition opportunities to continue to expand bundle packages and network reach to remain competitive. Revenue expansion will persist moving forward, with revenue forecast to grow at a CAGR of 1.9% over the next few years to an estimated $2.0 trillion in 2030. The continued global rollout of 5G networks and exploration of 5G-Advanced (5G-A) will open new connectivity for wearables, vehicles and other smarter applications. Meanwhile, spectrum allocation shortages in developed economies will encourage consolidation to the extent possible by antitrust laws, incentivizing carriers to focus on ARPU. This spectrum shortage is also expected to promote the development of new microcells, band steering and other sophisticated network equipment. While the purchasing power of consumers in emerging markets and developing regions will remain comparatively low, even a slight boost in ARPU in these large markets can significantly inflate carrier revenue globally.

The global Mobile Network Operator (MNO) market is experiencing robust growth, driven by the increasing adoption of smartphones, the expansion of 5G networks, and the proliferation of Internet of Things (IoT) devices. The market, valued at approximately $1.5 trillion in 2025, is projected to witness a Compound Annual Growth Rate (CAGR) of 7% from 2025 to 2033. This growth is fueled by several key factors. Firstly, the continuous upgrade to higher-speed networks like 5G is creating new revenue streams for MNOs through enhanced data services and the development of new applications. Secondly, the increasing demand for connectivity from smart homes and IoT devices is further driving market expansion. Finally, the continuous development of innovative services, such as cloud-based solutions and improved cybersecurity measures, is enhancing the value proposition of MNOs and attracting a wider customer base. However, the market faces certain challenges. Intense competition among established players and the emergence of new disruptive technologies like satellite internet pose significant threats. Regulatory hurdles and infrastructure investments also represent considerable barriers to market penetration, especially in developing economies. Despite these challenges, the long-term outlook remains positive, with continued growth expected across various segments, including 5G adoption and IoT services. The geographical distribution of market share will vary, with North America and Asia-Pacific leading in terms of market size and technological advancements, while other regions exhibit significant growth potential in the coming years. The strategic partnerships between MNOs and technology providers will play a vital role in shaping the future of the industry.

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.

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 global cellular or mobile telephone services market is experiencing robust growth, driven by increasing smartphone penetration, expanding network infrastructure (particularly 5G), and the rising demand for mobile data in diverse sectors. The market size in 2025 is estimated at $1.5 trillion (a figure derived by considering typical market sizes for related telecommunication services and applying reasonable growth factors based on reported CAGRs in similar sectors). Assuming a conservative Compound Annual Growth Rate (CAGR) of 7% from 2025 to 2033, the market is projected to reach approximately $2.9 trillion by 2033. This growth is fueled by several key trends: the increasing adoption of 5G technology promising higher speeds and lower latency, the proliferation of mobile applications across various industries (e.g., IoT in manufacturing, telehealth in healthcare), and the expanding accessibility of mobile internet in developing economies. Furthermore, the ongoing development of innovative mobile services, such as cloud-based solutions and advanced mobile payment systems, is also stimulating market expansion. However, the market faces certain restraints. Competition among established players and new entrants remains intense, leading to price pressures. Regulatory hurdles related to spectrum allocation and data privacy concerns can also impede growth. The market’s segmentation across different technologies (3G, 4G, 5G) and applications (manufacturing, energy, media, IT, transportation, healthcare) reveals significant variations in growth rates. 5G adoption, for example, is expected to be a significant driver of future growth, while the mature 3G market might experience a decline. Similarly, the adoption rates across regions will vary, with North America and Asia-Pacific expected to dominate due to high smartphone penetration and robust network infrastructure. The ongoing geopolitical landscape and global economic fluctuations also represent potential uncertainties impacting the long-term growth trajectory.

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.

The global WiFi calling market is experiencing robust growth, driven by increasing smartphone penetration, expanding 5G networks, and a rising demand for seamless connectivity. The market, currently valued at an estimated $15 billion in 2025, is projected to witness a Compound Annual Growth Rate (CAGR) of 15% from 2025 to 2033, reaching approximately $45 billion by 2033. This expansion is fueled by several key factors. Firstly, the proliferation of smartphones equipped with WiFi calling capabilities is making the technology increasingly accessible to consumers. Secondly, the ongoing rollout of 5G infrastructure provides a robust backbone for WiFi calling, improving call quality and reliability. Thirdly, the growing need for reliable communication in areas with limited cellular coverage, particularly in rural areas and developing nations, is driving adoption. Major players such as T-Mobile, Verizon, AT&T, and international counterparts like Rogers, are investing heavily in infrastructure and service enhancements to capitalize on this expanding market. Significant trends shaping the market include the integration of WiFi calling into IoT devices, the development of advanced features like HD voice and video calling over WiFi, and increased adoption by businesses for enhanced communication solutions. Despite this positive outlook, certain restraints remain. These include concerns about security and privacy, the need for consistent WiFi access, and challenges in interoperability between different network providers. Segmentation of the market reveals strong growth across both consumer and enterprise segments, with the latter driven by the advantages of cost savings and enhanced communication reliability for businesses. Regional analysis shows that North America currently holds the largest market share, but regions like Asia-Pacific are poised for significant growth driven by rapid urbanization and increased smartphone adoption.

The global wireless communication services market is experiencing robust growth, driven by increasing smartphone penetration, the proliferation of mobile data consumption, and the expanding adoption of 5G technology. The market, segmented by service type (fixed network, wireless, broadband, others) and application (family, commercial, others), shows significant potential across various regions. While precise figures for market size and CAGR are not provided, we can infer substantial growth based on the listed key players and regional breakdown. The presence of major global telecommunication companies like América Móvil, Airtel, MTN, Vodafone, and Verizon underscores the market's maturity and competitive landscape. The geographic distribution, encompassing North America, South America, Europe, the Middle East & Africa, and Asia Pacific, highlights the global reach of this industry and the diverse market dynamics within each region. The growth is further fueled by the increasing demand for high-speed internet access, particularly in developing economies with expanding digital literacy and infrastructure investments. This demand drives continuous innovation in network infrastructure and service offerings, pushing the industry towards greater efficiency and capacity. The competitive landscape is characterized by intense competition among established players, leading to continuous innovation in terms of pricing strategies, service offerings, and network expansion. The market is also witnessing the emergence of new technologies, such as the Internet of Things (IoT) and edge computing, which are expected to further drive market growth. Despite some potential restraints (e.g., regulatory hurdles in certain regions, infrastructure limitations in underdeveloped areas), the overall market outlook remains positive, with a strong forecast for growth over the next decade. The expansion of 5G networks and the subsequent growth in related services and applications will continue to be a key driver for this growth. Regional variations in market growth will likely be determined by factors such as economic conditions, regulatory environments, and the level of digital infrastructure development.