Today we are going to see the top 20 networking companies in the world in 2024. For transmitting information worldwide the telecommunication and networking companies brought some tremendous updates and are still working hard.
In the telecommunication sector, some largest and topmost companies are providing services going beyond traditional technologies. Hence, the networking sector is changing quite rapidly.
So, to acknowledge you about these largest companies we have come up with the top 20 networking companies across the world in 2024.
01. AT&T Inc.
Net Worth: $367.76 Billion
Country: United States
Founded: October 5, 1893
Founder: Alexander Graham Bell, Gardiner Greene Hubbard, Thomas Sanders
CEO: John T. Stankey
Area Served: Worldwide
Headquarters: Whitacre Tower, Dallas, Texas, United States
Employees: 203,000 People
Services: Satellite television, Fixed-line telephones, Mobile telephones, Internet services, Broadband, Digital television, Home security, IPTVOTT services, Network security, etc.
Industry: Telecommunications, Technology, Mass media, Entertainment
Divisions: AT&T Communications, WarnerMedia, AT&T Latin America
Service Center: 1 (210) 821-4105
AT&T is the 1st largest top networking company in the world that provides huge services for mobile and fixed telephones. The company tops among all the American multinational conglomerate holding companies.
Since 1893, the company has been a great provider with immense success. With a net income of 12.0 billion US dollars, AT&T globally offers digital entertainment services.
Along with the wireless communication service, the company also provides internet, and broadband services, equipment for telecommunications, gaming production, etc. With a market cap of $210.8 billion, the company is also the owner of a regional TV sports network.
02. Verizon Communications Inc.
Net Worth: $283.4 Billion
Country: United States
Founded: October 7, 1983
Founder: Bell Atlantic Corp. and GTE Corp.
CEO: Hans Vestberg
Area Served: Worldwide, mainly serving the United States
Headquarters: 1095 Avenue of the Americas, New York City, New York, United States
Employees: 118,400 People
Services: Cable television, Landline, Mobile phone, Broadband, Digital television, IPTV, etc.
Industry: Telecommunications, Mass media
Divisions: Verizon Consumer, Verizon Business, Verizon Media
Service Center: 1 (800) 837-4966
Verizon Communications is the second-largest top networking company in America till 2024. This multinational telecommunication company is also a component of the DJIA in the United States.
The company was formed in the year 2000 and within this short period, it has gained numerous successes. With almost $133.61 billion generated revenue in 2021, it offers trustable network connectivity.
Being the provider of many award-winning platforms and networks, the company Verizon Communications ensures all the security and control. They also serve the customers on their demand for mobility. It also provides services of video communications products like broadband video, cloud services, and all.
03. T-Mobile US, Inc.
Net Worth: $47.75 Billion
Country: United States
Founded: 1994
Founder: John W. Stanton
CEO: Mike Sievert
Area Served: United States
Headquarters: Bellevue, Washington, United States
Employees: 75,000 People
Services: Mobile telephony, Wireless broadband
Industry: Telecommunications
Divisions: Metro by T-Mobile
Service Center: 1 (800) 937-8997
Parent Organizations: T-Mobile, Deutsche Telekom
T-Mobile US, Inc is the 3rd top largest networking company in the world in 2024. The brand T-Mobile is used by the communications subsidiaries under the German telecommunications company called Deutsche Telekom AG.
The company was founded in 1994 and till then it is actively present and serving the countries like the US, Poland, Netherlands, Czech Republic, and many. For your cell phone service, T-Mobile has unlimited plans with solid coverage and of course all-in pricing.
Being one of the top networking companies, T-Mobile keeps the pricing tolerable for excellent packages to its customers. With almost 44.9 billion US dollars of the total revenue in 2019, the brand has huge operations in many countries. With great international perks, T-Mobile is one of the best!
04. Sprint Corporation
Net Worth: $58.53 Billion
Country: United States
Founded: December 21, 1899
Founders: C. L. Brown, Cleyson L. Brown, Jacob Brown
Owner: T-Mobile
CEO: Cleyson Brown, Jacob Brown
Area Served: United States
Headquarters: Overland Park, Kansas, United States
Employees: 28,500 People
Services: Mobile Telephony, Wireless communications, Internet services, Broadband
Industry: Telecommunications
Service Center: 1 (888) 211-4727
Sprint Corporation is also one of the best telecommunications companies and is considered America’s top fourth largest mobile network operator. The company has served for decades its millions of customers as it was first established in 1899.
In 2024, the company merged with another largest T-Mobile telecommunications brand. So, now the company is a part of T-Mobile.
Using EvDo, 5G NR, 4G LTE, and CDMA, Sprint Corporation provides excellent networking connections. With almost 33.6 billion USD as the annual revenue (2019), the company has expanded its services even with the Ethernet services and Sprint web services.
05. Deutsche Telekom
Net Worth: $230 Billion
Country: Germany
Founded: 1995
Owner: Free float (68.1%), Federal Republic of Germany (31.9%)
CEO: Timotheus Hottges
Area Served: Worldwide
Headquarters: Bonn, Germany
Employees: 226,291 People
Services: Telecommunications, Broadband, Fixed-line, IT Services, etc.
Industry: Telecommunications
Service Center: 0800 3306700
Deutsche Telekom is a German telecommunications company and one of the largest providers in Europe by its revenue. Since 1995, the company has been a great holding company as well as a top networking company.
In 2024, the company has ranked 86 among the ‘Fortune 500’ companies. It operates several subsidiaries across the world and T-Mobile is one of them which itself is one of the topmost telecommunications brands.
With an annual revenue of up to 80.5 billion Euros for the year 2019, the company Deutsche Telekom is also one of the components of the EURO STOXX 50 stock index. Holding substantial shares in many other telecom companies, Deutsche telecom is a well-recognized global carrier.
06. Nippon Telegraph and Telephone
Net Worth: $115.32 Billion
Country: Japan
Founded: August 1, 1952
Founder: Government of Japan
CEO: Jun Sawada
Headquarters: Otemachi, Chiyoda, Tokyo, Japan
Employees: 303,350 People
Services: Fixed line telephone, Mobile phone, Broadband, Digital television, Internet television, IT, and network services
Industry: Telecommunications
This company is a Japanese telecommunications company and in terms of revenue, it is one of the largest and top networking companies. In the Fortune Global 500, Nippon Telegraph and Telephone has achieved the 55th position.
The company is also recognized as Japan’s fifth-largest publicly traded brand. Along with packet communication services, NTT provides communication services of domestic intra-prefectural.
You can get services regarding internet Protocol, fixed voice-related, and more throughout this global carrier company. With these services, NTT also operates businesses in finance, real estate, and more. In 2019, its total revenue was almost $109.5 billion which is appreciable enough.
07. Cisco Systems
Net Worth: $56.22 Billion
Country: United States
Founded: December 10, 1984
Founder: Leonard Bosack, Sandy Lerner
CEO: Chuck Robbins
Area Served: Worldwide
Headquarters: San Jose, California, United States
Employees: 79,500 People
Services: Networking
Industry: Networking hardware, Networking software
Service Center: 1 (800) 553-6387
Cisco Systems is an American multinational company that helps to increase the methods and ways of networking through manufacturing routers, electronic equipment, bridges, and so on.
This IT cum networking brand ensures the optimum networking privilege maintaining tight security. For about 35 years Cisco System has been run by the masterminds who produce the high-end telecommunications equipment to hold the world together.
The biggest moment for Cisco Systems arrived in the year 2024 as it was the time when this company is declared to be enlisted among the top 5 networking companies in “Fortune” magazine. Improving the system of the router, the company launched the technique of LAN (local area networking).
08. ZTE Corporation
Net Worth: $16.12 Billion
Country: China
Founded: 1985
Founder: Hou Weigui
CEO: Hou Weigui
President: Xu Ziyang
Area Served: Worldwide
Headquarters: 55 Hi-tech Road South, Shenzhen, Guangdong, China
Employees: 68,240 People
Services: Mobile phones, smartphones, tablet computers, hardware, software, and services to telecommunications service providers and enterprises
Industry: Telecommunications equipment, Networking equipment
Service Center: 1 (877) 817-1759
ZTE Corporation is the top networking company in China. As a Chinese multinational company, ZTE Corporation is considered as the next leading company in the near future. Since 1985, ZTE is determined to ease the telecommunication big time.
ZTE Corporation is incomplete without the production of networking software, CN (carrier networking), and wireless optical transmission. The struggle was really hard for these corporations, as the consumers of the United States were once almost criticizing the founding of this corporation.
However, the harsh situation ended in the year 2018. By this time the company was banned in the US market as well. But ZTE was all-time favorite to other subsidiary countries. It was once one of the top GSM telecom elements providing vendors.
09. China Mobile Ltd.
Net Worth: $78.68 Billion
Country: China
Founded: 3 September 1997
Owner: Government of China
CEO: Li Yue
Area Served: China, Hong Kong, Pakistan, Japan, Thailand, United Kingdom, Singapore, and Canada
Headquarters: Beijing, China
Employees: 456,239 People
Services: Fixedline telephony, Mobile telephony, Broadband internet, Digital television, Internet television
Industry: Telecommunications
China Mobile Ltd is the largest manufacturer in China which is being the primary source of telecommunication gradually. With a 164.9B USD market cap, this networking company is slaying in every segment of telecommunication and wireless networking. The internet-based 5G network is one of the main attractions of the consumers.
Since its foundation in 1997, this company is strengthening the networking system by Chinese mobile services. The dominating part of this China Mobile Ltd. is the communicative mobile services through which they are still surviving. The company is doing great in the local markets indeed.
10. Huawei
Net Worth: $83.52 Billion
Country: China
Founded: September 15, 1987
Founder: Ren Zhengfei
CEO: Ren Zhengfei
Area Served: Worldwide (exempting United States since 2019)
Headquarters: Shenzhen, China
Employees: 197,000 People
Services: fixed broadband networks, consultancy and managed services, etc.
Industry: Consumer electronics, Telecom equipment, Networking equipment, Semiconductors
Service Center: 1 (888) 548-2934
Huawei, as a Chinese multinational company, works for a better networking process and ICT development and electronics. Today, Huawei is successfully providing their products to more than 170 countries and being a great part of the development of telecommunication. Almost 3 billion people are getting the privilege of this company. In 2012, Huawei successfully won the “Ericsson”. It is one of the biggest manufacturers for improving telecommunications systems.
In the year 1998, Huawei started the GSM-based networking system which is wireless. For global networking development, the company shook hands with Vodafone with an agreement. Huawei even took the step in Malaysia, outside their region.
11. Vodafone
Net Worth: $102.94 Billion
Country: United Kingdom
Founded: 16 September 1991
Founder: Ernest Harrison, Gerry Whent
CEO: Nick Read
Area Served: Worldwide
Headquarters: London, England, United Kingdom
Employees: 96,506 People
Services: Fixed line telephone, Mobile phone, Broadband, Digital television, Internet television, IPTV, Internet of Things
Industry: Telecommunications
Divisions: Vodafone Global Enterprise
This British multinational networking company was founded around 29 years ago. This company is very popular in the Asian continent. The progress of the company increased to a great extent in 2024. Vodafone now can communicate with 41 other countries through its massive communicative methods. In the list of London Stock Exchange, the name of Vodafone is common and in the frontline.
The company conducts high technology frequency for the audio and messaging process. The data access privilege is run by the spectrum and high-end technology. Overall, the determination of shortening rural places through a strong networking process is sustained by Vodafone.
12. Telefonica
Net Worth: $28.43 Billion
Country: Spain
Founded: 19 April 1924
Owner: ITT (1924-1945), Government of Spain (1945-1999), Public float (1999-)
CEO: Jose Maria Alvarez-Pallete Lopez
Area Served: Worldwide
Headquarters: Madrid, Spain
Employees: 113,182 People
Services: Fixedline telephony, Mobile telephony, Broadband internet, Digital television
Industry: Telecommunications
Telefonica with its strong networking process is pervaded in many countries. It has a huge fan-base both by the numerous consumers and the market of capitalization. Including Spain, America, and other renowned countries, the Telefonica network company is making recognition globally. To earn efficiency in the networking segment, this company is standardizing its foundation.
The Telefonica network company has been benefited by NFV corporation since 2012. As a Spanish company, Telefonica prioritizes Spain over other subsidiary countries. The “Forbes” magazine featured the delicacy of the telecommunication process of this company and their market cap several times.
13. Nextel Communications
Net Worth: $22 Billion
Country: United States
Founded: 1987
Founder: Brian McAuley, Morgan E. O’Brien, Peter Reinheimer, Chris Rogers
CEO: Brian McAuley
Area Served: United States
Headquarters: Reston, Virginia, United States
Employees: 19,000 People
Industry: Wireless Communications
Parent Organization: Sprint Corporation
Nextel is now the subsidiary company of Sprint Corporation and it is one of the top holding companies in the world. It was first founded in 1987 and previously it was named FleetCall. In 1993, the company changed its name to Nextel. It is now popular and known as one of the massive digital phone operators in America.
Initially targeting business users, Nextel offers integrated wireless services. Using the single transmission technology or iDEN, developed by the brand Motorola, Nextel provides its digital mobile network. The customers of Nextel get all the accessibility in the digital mobile telephone service. With the annual revenue (2004) of 13.368USD, the company is still struggling to get on top.
14. Qualcomm
Net Worth: $31.29 Billion
Country: United States
Founded: 1985
Founder: Irwin Jacobs, Andrew Viterbi
CEO: Cristiano Amon
Area Served: Worldwide
Headquarters: San Diego, California, United States
Employees: 45,000 People
Services: Intellectual property and semiconductors
Industry: Telecommunications equipment, Semiconductors
Service Center: 1 (858) 587-1121
Qualcomm is largely known for its unique designing sense and fascinating telecommunication types of equipment. The networking company was first founded in the soil of California and now it is determined to serve with different technology processes and their development. Besides manufacturing fascinating telecommunication products, this company also produces intellectual property.
To embody the contemporary mobile experience, Qualcomm works hard. The company is resilient enough to commercialize and market capitalization. However, Qualcomm is always ready to provide the minimum communication privilege to remote places and help power the networking system.
15. NETGEAR
Net Worth: $0.57 Billion
Country: United States
Founded: January 8, 1996
Founder: Patrick Lo, Mark G. Merrill
CEO: Patrick Lo
Area Served: Worldwide
Headquarters: San Jose, California, United States
Employees: 1,008 People
Services: Wireless Access Points, Network Attached Storage, etc.
Industry: Networking equipment
Service Center: 1 (888) 638-4327
NETGEAR is also popularly known as one of the largest holding companies. Since 1996, the company has been an excellent provider of branded and technologically advanced networking products. Offering solutions for innovative networking, NETGEAR also serves homes and small businesses. The company’s first launch was the SOHO product line in the year 1996 in Japan.
With the services of home media, connectivity, automation, and security, the company is loyal to its all customers. Ensuring affordability on their networking products, NETGEAR has made the communication easier for any smaller or larger business purpose.
16. GCI
Net Worth: $0.55 Billion
Country: United States
Founded: 1979
Founder: Ronald Duncan
CEO: Ronald Duncan
Area Served: Worldwide
Headquarters: Anchorage, Alaska, United States
Employees: 2,200 People
Services: Internet access, Wireline (networking), cellular telephone, etc.
Industry: Telecommunications
Service Center: 1 (800) 800-4800
GCI started their work in 1979 developing telecommunication and wireless networking methods. GCI networking company is mainly a subsidiary company. But the discreteness of the company is well known. Qurate Retail Group takes GCI as its subsidiary company. However, the company is pretty much successful in providing cellular telephone service other than wireless networking services.
GCI operates several systems to provide access to the users to the browser. Hence, they decreased the distance and increased availability for the people. In some rural places, GCI started to provide a lower-bandwidth internet connection without any wire to help in developing telecommunication.
17. Sony Corporation
Net Worth: $187.48 Billion
Country: Japan
Founded: 7 May 1946
Founder: Akio Morita, Masaru Ibuka
CEO: Kenichiro Yoshida
Area Served: Worldwide
Headquarters: Sony City, Minato, Tokyo, Japan
Employees: 109,700 People
Services: Network services, Financial Services, Insurance, etc.
Products: Telecommunications equipment, Robots, Computer hardware, Consumer Electronics, Semiconductors, Video games, Films, TV shows, Music
Industry: Conglomerate
Divisions: Game & Network Services (G&NS), Music, Pictures, EP&S, I&SS, Financial Services
Sony corporation is another networking company that is progressing every year. Though it’s a Japanese manufacturer, it is founded in San Diego. Sony is popular globally because of its ancient process of networking and affordable price range. From a semiconductor solution to Sony Music, this corporation has pervaded its existence worldwide. The consumers of this corporation are huge.
Also, their comprehensible media technique is appreciated by some certain generation people. Sony is the one that revealed television in different sizes. But it is the one that launched a 55 inches large screen television with a great amount of price. Sony was a great inspiration to the biggest World War II.
18. Metro by T-Mobile
Net Worth: $1 Billion
Country: United States
Founded: 1994
Founder: Roger Linquist, Malcolm Lorang
Owner: T-Mobile US
CEO: Thomas C. Keys
Area Served: United States
Headquarters: Richardson, Texas, United States
Employees: 1,000+ People
Services: Mobile communications
Industry: Wireless Telecommunications
Service Center: 1 (888) 863-8768
Parent Organization: T-Mobile US
This company is an American prepaid wireless service holder which is also recognized as MetroPCS. This company is owned by the brand T-Mobile US. Using CDMA (Code-division Multiple Access), the company has operated previously the fifth-best mobile telecommunications network in the USA. The company was founded in 1994 and in 2013 it merged with T-Mobile.
Introducing unlimited plans and offering a great bundle of features, Metro by T-Mobile is serving its customers with immense pride. The users can get the Google One storage, Amazon Prime subscriptions through this carrier. It is also the first one to provide a 5G connection!
19. Linksys
Net Worth: $500 Million
Country: United States
Founded: 1988
Founder: Victor Tsao, Janie Tsao
CEO: Victor Tsao
Headquarters: Irvine, California, United States
Employees: 823 People
Industry: Networking equipment
Parent Organization: Belkin
Service Center: 1 (800) 546-5797
This is another American brand that is mainly known for its data networking related hardware products. Along with the wireless or wired routers the company delivers VoIP types of equipment, Ethernet switches, different audio-visual products, and more.
Being founded in 1988, Linksys was later purchased by the company Cisco. For prioritizing user data protection and network security, Linksys is well-recognized. The routers from Linksys are also well-secured and perfect for small businesses or home users out there. With the easy availability of Linksys products, the company is highly reliable.
#Top 10 Networking Companies in the World 2024
- AT&T Inc. – Country: United States
- Verizon Communications Inc. – Country: United States
- T-Mobile – Country: United States
- Sprint Corporation – Country: United States
- Deutsche Telekom – Country: Germany
- NTT – Country: Japan
- Cisco Systems – Country: United States
- ZTE Corporation – Country: China
- China Mobile Ltd. – Country: China
- Huawei – Country: China
1 Comment
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