The telecom industry is one of the most rapidly expanding and booming industries of today, and the biggest telecom companies in the world are the ones who are reaping most of the benefits! Everyday new technology is being incorporated into the industry while the consumer base has only grown manifold. And, with the scope of tapping new markets and diversifying into the old ones, is likely to keep the growth level buoying for a long time. Also, being the largest industry in terms of employment too, it commands a pretty strong workforce.
The fact that the world is obsessed with staying connected has only much fuelled the swell times that the telecom industry has seen in the past few years. From landline phones to mobiles and now the internet, everything has just added up to its glory days. And, now as every new generation of technology comes up, the industry just prepares for a fresh bout of revenue flow. There’s no denying that technology has been a major aide. Telecom is one of the companies which have been directed by technology, quite like the 11 Biggest Software Companies in the World, who also owe the level of their advancement to it.
Of course, being recognized in the telecom industry is no cakewalk. The entry barriers are high and the amount of government regulations and the long gestation periods often deters the best of the players into venturing into the industry. But, the biggest telecom companies are not only one of the first movers in the business but also are one of the most resilient and dynamic ones who have been able to carve their position in the industry. The competition is intense, but the strongest players are fierce enough to keep fighting for the coveted number 1 position. But who does finally come out triumphant? Let’s find out with our list!