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Top 10 telecom companies in United Kingdom (UK)

The UK’s telecom market stands as one of the largest and most dynamic in Europe, driven by intense competition that has continually lowered prices for consumers while improving service quality. This competitive landscape is dominated by the top 10 telecom companies in the UK, which include well-known network operators and major Mobile Virtual Network Operators (MVNOs) that leverage existing infrastructure to offer alternative plans. Over recent years, market consolidation in the mobile sector has resulted in four major players: EE, Vodafone, Three, and O2, each maintaining significant market shares and extensive coverage networks across the nation (Ofcom, 2023).

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Notably, mobile and broadband penetration rates in the UK outpace the European average, reflecting the presence and influence of these industry leaders. In addition to robust networks, these companies continuously invest in new technologies like 5G and fiber optic broadband, ensuring that UK consumers have access to some of the fastest and most reliable connectivity in Europe (Telecoms.com, 2023). This high level of competition among the top 10 telecom companies in the UK has fostered innovation and enhanced services, benefiting end-users and contributing to the market’s strength.

There is also an overview of UK telecom services for enterprises. Check out more details on UK Telecoms.

Here is a list of the top 10 telecom companies in the UK:

 

10. GiffGaff

Giffgaff is a mobile telephone network owned by Telefonica, with headquarters in Uxbridge, UK. It uses the O2 network to run as a Mobile Virtual Network Operator. Giffgaff comes from the Scottish slang for mutual giving—a true reflection of how the company interacts with its customers.

Also, Giffgaff was ranked as the best UK telco for customer satisfaction.
GiffGaff services can be used for business purposes as well, although there is not a special department or service for business users.

Annual Revenue: £449 million    Nr. of employees: 291    Headquarters: Uxbridge, England

 

9. Lycamobile

LycamobiIe is a telecom service provider that provides low-cost and high-quality international calls, operating as an MVNO in 21 countries.

Lycamobile also has unique plans for private and business users. Therefore, there are not special products for business users.

Annual Revenue:  £157.04 million    Nr. of employees: 904    Headquarters: London

8. Talk Talk Group

TalkTalk Telecom Group is a UK-based company engaged in broadband and fixed-line voice & telecom businesses.

TalkTalk Business is a B2B division of the TalkTalk Group, providing telecom and broadband solutions for businesses of all sizes.

Annual Revenue: £1,557 million    Nr. of employees: 2.077    Headquarters: Salford, England

7. Three (3) 

Owned by Hutchinson Whampoa (HW), 3 is an umbrella brand under which several broadband internet providers and mobile phone networks operate in 10 countries, the UK being one.

Three have dedicated business departments.

Annual Revenue: £1,116 million    Nr. of employees: 4.800    Headquarters: Reading, England

6. Virgin Mobile UK

Virgin Media is a media and telecom service provider operating as Virgin MobiIe UK in the United Kingdom.  The company also operates in India, Qatar, South Africa, Australia, Canada, France, and the US.

The company operates as a mobile virtual network operator (MVNO) and provides its service through the T-Mobile network. Virgin Media Business provides UK businesses with internet and all other telecom services.

Annual Revenue: £563 million      Nr. of employees: 1.700     Headquarters: Reading, England

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5. O2

O2 or Telefonica UK Limited, is one of the largest telecommunications providers in the UK in terms of the number of subscribers. The company provides network access to other MVNOs to its subsidiaries, Tesco Mobile and Giffgaff.

O2 has a special department for enterprises and SMEs and all their needs.

Annual Revenue: £6.510 billion      Nr. of employees: 6.500     Headquarters: Slough, England
UPDATE: Virgin Media O2 is a British mass media and telecommunications company based in London, England. The company was formed in June 2021 as a 50:50 joint venture between Liberty Global and Telefónica through the merger of their respective Virgin Media and O2 UK businesses.

4. EE

Everything Everywhere (EE) is number 4 in the top 10 telecom companies. It provides mobile and fixed-line services, and it’s a joint venture of Orange and Deutsche Telekom’s subsidiary T-Mobile UK.

EE provides network access to MVNO operators like Virgin MobiIe UK, Co-operative Mobile, and ASDA Mobile. EE has tailored services for UK businesses.

Annual Revenue:  £7.7 billion      Nr. of employees: 15.000     Headquarters: Hatfield, England

 

3. Sky

British Sky Broadcasting Group (BSkyB) is the leading pay-TV provider operating in the UK and Ireland.  The core business for SUL had been broadcasting, and it had expanded to telephony and broadband businesses later on.
Sky has a special department for business users and their needs.

Annual Revenue:  £13.4 billion       Nr. of employees: 29.000     Headquarters: London

2. Vodafone

Vodafone is one of the world’s largest telecommunications service companies, with operations and networks in over 60 countries. It is ranked second in the top 10 telecom companies. Vodafone’s name is taken from ‘VOICE DAta FONE’, “to reflect the provision of voice and data services over mobile phones”.

One of Vodafone’s focuses is enterprise: to be a full-service provider for business consumers.

Nr. of employees: 9,584     Headquarters:  Newbury, England

 

1. BT Group

BT Group PLC provides telecommunications services. The company offers local and long-distance telephone call products and services in the UK, international telephone calls to and from the UK, broadband network solutions and web hosting to corporate customers, network ADSL, ISDN, and IP services to communication companies, and narrowband and broadband internet access and related services.

Annual Revenue: $29.3B        Nr. of employees: 105.300     Headquarters: London

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Methodology: Revenues were the basic indicators.

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