Telecom Network Operators: 1Q22 Market Review

Telecom Network Operators: 1Q22 Market Review

After a blockbuster year which saw telcos attaining the strongest annual growth rate (5.3%) in a decade, the telco topline dove again in 1Q22. For the latest single quarter, telco revenues dropped by 2.1% on a YoY basis to post $463.2 billion (B). This is the second consecutive falloff, with a 1% drop registered in the fourth quarter of last year. Annualized revenues were $1.878 trillion (T) in 1Q22, up by just 2.9% YoY, due to the declines of the last two single-quarters. Single-quarter capex grew modestly by 2.1% on a YoY basis, totaling $77.9B in 1Q22. Telco investments grew for the fifth straight quarter, as the desire to deploy 5G network capability remained strong.

This interactive Excel report provides a comprehensive assessment of the global telecommunications industry based on financial results through March 2022 (1Q22). The report tracks revenue, capex and employee for 138 individual telecommunications network operators (TNOs). For a sub-group of 79 large TNOs, the report also assesses labor cost, opex and operating profit trends. The report also covers annual data for other financial metrics such as debt, cash & short term investments, M&A spend and cash flow from operations for all the 79 companies from the TNO-79 subset. Our coverage timeframe spans 1Q11-1Q22 (45 quarters). The report’s format is Excel.