Mobile telecommunications providers ranked by revenue in the U.S. 2023

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