INSIGHTS - APRIL 2024

UK Telecoms Industry

UK Telecoms Industry Information

The telecoms industry involves the transmission of voice, data, text, sound or video content using wired, wireless or satellite communications technology.

Active Businesses

15,143

Annual Sales

£140bn +

Employees

500,952

Economic Contribution 

£78bn

Tags

Location of Telecoms Companies

Telecoms Companies by Size

73% Micro

20% Small

4% Mid

2% Large

1% Mega

Telecoms Companies by Age

31% Young

30% Established

21% Startup

19% Mature

0% New

Fastest Growing Telecoms Companies

42% Declining

18% Rapid

17% Healthy

13% High

11% Low

Telecoms Industry Competitive Environment - New Entrants vs Leavers

Telecoms Industry Valuation

EBITDA Multiple

Telecoms Industry Valuation

Turnover Multiple

Telecoms Industry Valuation

Net Asset Multiple

Note - from March 2020 multiples are calculated monthly, prior to this they were calculated on an annual basis.
UK Telecommunications Industry Insights

There are 15,143 active Businesses in the UK with combined annual sales of £140 billion .

The Industry employs around 500,951 people and contributes £78 billion to the economy.

The most popular location for Telecoms companies is London with 3,851 and the fewest are located in Northern Ireland with 180.

The largest Telecoms company is Vodafone Group Public Limited Company with a turnover of £39.1bn. 73% of the industry is comprised of Micro companies with only 4% Mid companies.

19% of the Telecoms Industry is made up of 19% Mature but the majority are Young businesses (31%) the oldest company is Cable And Wireless (West Indies) Limited founded in 1877.

Telecoms industry has a number of high growth companies (13%), the fastest growing company is Idt Retail Europe Limited with a 3 year growth rate of 297%. Other fast growing companies include Rural Optic Infrastructure Ltd (265%), Viberoptix Opco Ltd (195%) and Solutions 30 Uk Services Limited (138%).

The UK Telecoms Industry’s valuation has been improving over the past 3 years with a current EBITDA multiple of 8.54x, Turnover multiple of 2.14x and a Net Asset multiple of 2.88x.