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Hoover's Directories > Industry Overviews > Telecommunications Services

Telecommunications Services

  • Overview
  • Risks & Opportunities
  • Call Prep Questions

Industry Description

The US telecommunications services industry includes about 11,000 companies with combined annual revenue of about $500 billion. Large companies include AT&T, Verizon Communications, and Comcast. The industry is highly concentrated: the 50 largest companies generate about 90 percent of revenue.

SIC: 4813, 4899
NAICS: 517110, 517210, 517410, 517911, 517919
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Top 5 Companies

CompanySalesLocation
AT&T Inc.126,723.00MDallas, TX
TELSTRA SERVICES SOLUTIONS HOLDINGS LIMITED21,432.33MSydney, New South Wales
TELSTRA MULTIMEDIA PTY LIMITED20,942.16MSydney, Nsw
VISIONSTREAM SERVICES PTY LIMITED16,487.20MBentleigh East, Vic
Carso Global Telecom, S.A.B. de C.V.16,069.55MMéxico, D.F., Mexico
Bullet - Yellow Arrow Box There are 106,492 companies in this industry. To view all of them, register now.

Industry Indicator

US consumer spending on services, an indicator of telecom service sales, rose 1.8 percent in November 2011 compared to the same month in 2010.
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Quarterly Industry Update

Telecoms Gaining Internet Business Traffic  - Telecommunications companies have become the top Internet service providers (ISPs) for businesses in the US, according to recent research from comScore reported by Dow Jones...
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