Telecom Metrics Quarterly report

January 2015

TMQ expert - Telecom Metrics Quarterly

Statistical based information about the global telecoms industry presented in an easy-to-read table format

In association with The Mobile World Database, the Telecom Metrics Quarterly report service is up-to-date and accurate data about the global telecommunications industry at your fingertips. It is an accessible and trustworthy source of statistical based information presented in an easy-to-read table format.


The Service

Telecom Metrics Quarterly (TMQ) highlights the performance of the telecoms industry’s key players in areas such as total subscribers, market shares, revenues and EBITDA, return on equity, debt to equity, net debt levels, EV (enterprise value) and EV per Connection, etc. It also contains top 50 ‘leader boards’ of companies in these areas.

The service differs from other analyses in that it is entirely based on actual industry numbers, aggregated on a “bottom up” basis.

In addition to this global overview, we have calculated totals for regional and industrial sub-groups, to provide benchmarks against which to make more specific comparisons.

It is available as an annual subscription with updates provided quarterly throughout the year.


What kind of information does the report contain?

The metrics we have chosen are: Subscribers, Revenues, Mobile Revenues, Fixed Revenues, EBITDA, Attributable Profits, Shareholders’ Equity, Net Debt, Capital Expenditure and Enterprise Value. The following key metrics are calculated:

  • Mobile Connections
  • Fixed (Broadband) Connections
  • Revenue, split into mobile and fixed
  • EBITDA and EBITDA Margin
  • Net Attributable Profit
  • Capital Expenditure and Capital Intensity
  • Shareholders’ Equity, Net Debt, Return on Equity and Debt to Equity
  • Enterprise Value, EV/EBITDA and EV/Connection
  • Industry Price/Earnings Ratio

The aggregated global data is further split into mobile data and the coverage list includes fixed network operators, cable and satellite TV companies and infrastructure operators, amongst others.

Equally, the data creates global aggregates and averages, sub-divided into areas such as, European based multinationals, US majors, developing world operators, Pay TV, infrastructure (fixed satellite and towers) or any combination of these. Individual country reports can also be aggregated.


Why has the report been produced?

At a telecoms conference in London last year, two of the guest speakers (one a CFO of a top ten mobile operator, the other head of the telecom practice at one of the big four accountancy firms) quoted widely different figures for the value of the mobile industry. Widely different to the extent that the annual mobile revenue numbers were $250,000,000,000 apart. Put simply, one speaker thought that the industry generated $475,000 more revenue every minute than the other speaker did.

The accountant was right (he was using our data) but how could a leading CFO be nearly 30% off target? He’d clearly got the number from somewhere and may even have paid quite a lot for it. Or perhaps he thought it didn’t matter and no one would notice. Either way, he wasn’t right.

Rather than being embarrassed in front of a room full of industry professionals, readers of TMQ can quote real, accurate and up-to-date numbers safe in the knowledge that the data has been meticulously cross-checked and referenced.


TMQ Sample page  (more available here)


How can it be used?

TMQ comprises a wealth of financial, operational and valuation benchmark data about the telecoms industry. It has been produced to help those needing hard numeric evidence for such tasks as confirming or spotting telecoms industry trends, making business comparisons, conducting M&A research, carrying out due diligence, general reference, verification or anyone looking for detailed data on a specific company or geographical location.

The information is easily accessible and accurate and can be referenced many times and for many different reasons.


Who should read this report?

TMQ is essential reading for telecom operators and service providers, telcos, cellcos, cablecos, satellite companies, pay TV companies, providers of all fixed line and mobile communications; broadband and telecoms equipment vendors, consultancies, investment professionals, financial analysts and any organisation with an interest in the future of telecoms.


What is the methodology?

TMQ has been produced from data drawn from the financial reports of 144 leading communications companies, including fixed line, mobile, broadband, cable and satellite service providers. In aggregate, they represent over 86% of the global telecoms industry (listed in full in the attached .PDF extracts).

The research contains data from the last seven years (Q1 2007) to the present – Q4, 2014.

Each of the sample companies in the database meet two criteria – reporting quarterly revenues of more than $125m and present credible financial reporting. This has two key advantages – the use of estimates kept to an absolute minimum, while the data can be generated almost as soon as the last company has reported.



Telecom Metrics Quarterly is available as an annual subscription. Subscribers will automatically receive four quarterly updates delivered in PDF format and with occasional interim bulletins.

Three versions of the service are on offer, the specific contents of which are listed within the (attached) extracts.


  • Essentials option – is designed for those who need a simple overview of the industry, with some regional detail to provide a better perspective on the way the market is developing across the world.
  • Executive option – adds greater detail on the regions and sub-sectors.
  • Expert package – provides individual country data for several of the world’s largest economies, additional analyses of the data and the full quarterly data from 2007 onwards. This option is aimed at those who need accurate detail on all aspects of the global industry.


Pricing:          Single reader license              Corporate license

Essentials                     $995                                        $4,950

Executive                    $1,920                                     $9,520

Expert                         $2,880                                     $14,000


Some extracts from Telecoms Metrics Quarterly (‘essentials’ option) are available here.


Please download and return the order form available here and e-mail to


Order through the following PayPal payment processing link (all major credit cards accepted):

Pricing Options

If you would like any further information, please contact Simon Thompson or +44 (0)1280 820560


About Rider Research Inc.

Rider Research publishes specialist bulletins, newsletters and reports about internet-delivered content, broadband and wi-fi networks. It follows these businesses on a weekly basis through the strategy bulletin, ‘The Online Reporter’ and ‘Wireless Watch’.


About TMW

TMW ( researches and publishes high quality, verified ‘investment grade’ data about the telecoms industry. Overseen by respected industry analyst John Tysoe, the flagship service The Mobile World Database is known by investment and telecoms professionals as the world’s most accurate, detailed and accountable source of mobile market intelligence. TMW also offers bespoke research services and consultancy, producing custom reports on demand.


The Sample Companies

(The sample group is as large as we can practicably make it. In the latest quarter (Q3 2014) the companies on our list account for 86% of the world’s mobile subscribers).


Advanced Info Service, América Móvil, American Tower, AT&T Corporation, Axiata Group, Bahrain Telecommunications Company, BCE, Belgacom, Bezeq Telecommunication Corp, Bharti Airtel, Bharti Infratel, Bouygues Telecom, British Sky Broadcasting Group, BT Group, Cable & Wireless, Cablevision Systems Corporation, Cellcom Israel, CenturyLink, Charter Communications, China Mobile, China Telecom, China Unicom, Chorus, Chunghwa Telecom, Cogeco Cable, Comcast Corporation, Crown Castle, Cyfrowa Polsat, Deutsche Telekom, DiGi Telecommunications, DISH Network Corp, DNA Group, Elisa Corporation, Emirates Integrated Telecommunications, Emirates Telecommunications Corporation, Entel Chile, Etihad Etisalat, EE Ltd (Everything Everywhere), Eutelsat, Far EasTone Telecommunications, Frontier Communications, Global Telecom Holding, Globe Telecom, Grupo Televisa, Hellenic Telecommunications Organization, HKT Limited, HT-Hrvatske telekomunikacije, HTHKH, Hutchison 3 Group, IDEA Cellular, Iliad, Inmarsat Group, Intelsat, Itissalat Al-Maghrib, Jazztel, Kabel Deutschland, KDDI Corporation, Koninklijke KPN, KT Corporation, Leap Wireless International, Level 3, LG U+, Liberty Global, M1 Limited, Magyar Tavkozlesi, Maxis, Millicom International Cellular, Mobile Tele Systems, Mobile Telecommunications Company Saudi Arabia, Mobistar, MTN Group, MTS Communications, NII Holdings, Nippon Telegraph and Telephone Corporation, NTELOS, NTT DoCoMo, OAO MegaFon, Oi, Oman Telecommunications Company, Ooredoo, Orange, P.T. Telekomunikasi Indonesia, Pacific Century CyberWorks, Partner Communications, PLDT Group, Portugal Telecom, PT Indosat, PT XL Axiata, Quebecor, Reliance Communications, Rogers Communications, Rostelecom, Saudi Telecommunications Company, SBA Communications, SES Global, Shaw Communications, Singapore Telecommunications, SK Broadband, SK Telecom, Sky Deutschland, SmarTone, Softbank Corporation, Spark New Zealand (TCNZ), Sprint Corporation, StarHub, Sunrise, Swisscom, Taiwan Mobile, Talk Talk, TDC, Tele2, Telecom Argentina, Telecom Egypt, Telecom Italia Group, Telecomunicações de São Paulo, Telefónica, Telefonica O2 Czech Republic, Telefonica Deutschland, Telekom Austria, Telekom Malaysia, Telekom Slovenije, Telekomunikacja Polska, Telenet Group Holding, Telenor, T-Mobile USA, Telephone & Data Systems, TeliaSonera, Telstra Corporation, TELUS Corporation, The DIRECTV Group, TIM Participações, Time Warner Cable, Total Access Communication, True Corporation Public Company, Türk Telekomünikasyon, Turkcell Iletisim Hizmetleri, United Internet, Verizon Communications, VimpelCom, Vodafone Group, Windstream Corporation, Zain Group, Ziggo Bond Company, ZON Multimédia