Sunday 14 February 2021

Top 20 Telcos Worldwide in Q3 2020, Based on Capex by MTN Consulting

Matt Walker, Chief Analyst at MTN Consulting shared this chart on LinkedIn

The following are some interesting points from the discussions:

  • This does not include spectrum.
  • China Unicom is 12th with $1,862M in 3Q20 capex spend. Vodafone Idea spent only $140M in capex in 3Q20, which would rank it #72 on our list of 138 telcos. 
  • Reliance Jio was just outside the top 20 (#23) for 3Q20, based on $730M in estimated capex spend. 

More details about the report here

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