Top Telco for 2024 based on Kpilog analysis
The results are in and we have a new winner of our annual award for the Top performing Telco across the world.
2024 Kpilog.com Top Telco Global ranking
The Global top 3 come from our AAPAC and Americas regions.
1. Indus Towers is a the 3rd largest Towerco in the world and continues to deliver strong performance with Tenancy ratios of 1.65 at EOY 2023 driving strong cash flow and margins.
2. Grameenphone has long been an established leader in the Bangladeshi market and benefits from market leading position in a densely populated country of 173m
3, SBA is the number 9 in terms of number of Tower sites across the world but has a high tenancy ratio of 2.10 in the lucrative American market. Long term relationships with the major American MNOs underpins its performance ensuring ongoing returns for its investors.
2024 Kpilog.com Top Telco Americas ranking
1. SBA Group is the 2nd largest Towerco operating in the American market and is consistently a top performer in our analysis and has a long track record of delivering profits.
2. Netflix Group is currently winning the streaming wars with a 9% growth in paid subscriptions in 2024 ending with 301m paying subscribers. Ability to increase subscription fees and improved restrictions on sharing have been key features of its progress in 2024.
3. Verizon continues to perform well in the American market and was supported by growth of 2.5m FWA additional subscribers has allowed it to drive growth and increase market share in the broadband market.
2024 Kpilog.com Top Telco Europe ranking
1. PPF Telecoms group is an investment group focussed on Mobile and fixed assets in central and eastern European markets - notably Czech, Hungary and Serbia and continues to drive growth and efficiencies across its operations in the CEE.
2. Telenor group had a successful 2024 driven by growth in its key Nordic operations. Service revenues were up 3.3% with growth in FCF and EBITDA also apparent.
3. Megafon Russia has managed to stabilise its domestic operations in the face of international sanctions and a 13% growth in revenues in 2024 has contributed to a successful 2024
