Which Countries Invest the Most in Telecom?

What We're Showing

This infographic shows the world's top 20 countries by investment in telecommunications networks and services. Investment refers to the total net capital expenditure by entities providing telecom networks and services during the financial year, including fixed telecom, mobile, internet, and TV services.

The data comes from the International Telecommunications Union, with the latest data from 2023.

Key Takeaways

• The United States leads with $107.3 billion (2022 data) in telecommunications investment, hosting some of the world's largest telcos like T-Mobile US, AT&T, and Verizon.
• China leads Asian countries with $59.1 billion in telecoms investment, followed by Japan ($23.3B) and India ($16.1B).
• Seven of the top 20 countries are European, led by Germany ($16.2B), France ($14.9B), and the United Kingdom ($12.3B).