Global Telecom Revenue 2026: Which Operators Are Growing Fastest?

Vodafone, e&, VEON, América Móvil, Jio and Orange are among the telecom operators showing strong revenue momentum in 2026 as 5G, broadband, enterprise connectivity, financial services and digital platforms create new growth engines. Telecom revenue growth indicators H1 2026 Global telecom revenue increased 2.5 percent year over year to $472.5 billion in Q2 2026, according to MTN Consulting, while annualized revenue reached approximately $1.89 trillion. The headline numbers, however, hide major d