Revenue of major U.S. telecommunication services providers in 2018
(in billion U.S. dollars)
U.S. mobile telecommunications providers ranked by revenue 2018
AT&T had a total revenue that amounted to just over 170 billion U.S. dollars in 2018. This is about 40 billion higher than the revenue produced by runner-up, Verizon.

Main U.S. wireless providers

Between 2008 and 2018, 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 almost tripled in that time. AT&T and Verizon were also ranked among the most valuable telecommunication brands worldwide in 2019, standing alongside companies, such as China Mobile and Xfinity.

Wireless services segment

Most of the wireless telecommunications revenue in the United States is generated by AT&T, Verizon, T-Mobile US, and Sprint. Since 2011, the two largest companies – Verizon and AT&T – each have held about a third of the wireless subscription market in the United States, while T-Mobile and Sprint combined hold a share of about thirty percent. The planned and approved merger between T-Mobile and Sprint is a sign of further market consolidation. It will create a third major player in the U.S. telecommunications market on par with AT&T and Verizon.
Revenue of major U.S. telecommunication services providers in 2018
(in billion U.S. dollars)
Revenue in billion U.S. dollars
AT&T170.72
Verizon130.86
T-Mobile US43.31
Sprint Corporation*33.6
US Cellular5.2
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Sources

Release date

May 2019

Region

United States

Survey time period

2018

Supplementary notes

Data is extracted from annual reports of the respective wireless telecommunication providers.
Data represents total operating revenues representing not only wireless services but also wireline revenues if applicable.

AT&T's fiscal year ends December 31st.
Verizon's fiscal year ends December 31st.
T-Mobile US' fiscal year ends December 31st.
U.S. Cellular's fiscal year ends December 31st.
Sprint Corporations' fiscal year ends March 31st.
* Sprint Corporation data shows 2019 fiscal year.

U.S. mobile telecommunications providers ranked by revenue 2018
AT&T had a total revenue that amounted to just over 170 billion U.S. dollars in 2018. This is about 40 billion higher than the revenue produced by runner-up, Verizon.

Main U.S. wireless providers

Between 2008 and 2018, 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 almost tripled in that time. AT&T and Verizon were also ranked among the most valuable telecommunication brands worldwide in 2019, standing alongside companies, such as China Mobile and Xfinity.

Wireless services segment

Most of the wireless telecommunications revenue in the United States is generated by AT&T, Verizon, T-Mobile US, and Sprint. Since 2011, the two largest companies – Verizon and AT&T – each have held about a third of the wireless subscription market in the United States, while T-Mobile and Sprint combined hold a share of about thirty percent. The planned and approved merger between T-Mobile and Sprint is a sign of further market consolidation. It will create a third major player in the U.S. telecommunications market on par with AT&T and Verizon.
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