5 Most Valuable Telecom Companies In The World

2. Verizon Communications Inc. (NYSE:VZ)

Market Capitalization as of 11/28: $160.60 billion

Verizon Communications Inc. (NYSE:VZ) ranks #2 on our list of 15 Most Valuable Telecom Companies In The World with a market capitalization of over $160 billion. In the third quarter, Verizon Communications Inc. (NYSE:VZ) reported adjusted EPS of $1.32 compared to $1.42 in the third quarter of 2021. Total revenue for the period was $34.2 billion and adjusted EBITDA was $12.2 billion. Given the weaker broader market, shares of Verizon Communications Inc. (NYSE:VZ) are down 26.4% year to date.