Global Financial Benchmarking, Q1 2020
This report is available to those subscribed to the Mobile Operators and Networks module.
This report compares 27 telecoms groups using the following financial metrics: revenue, EBITDA, EBITDA margin, capex and capex/revenue ratio.
It provides a global perspective by comparing telecoms groups from different regions, as opposed to making market-specific comparisons of local operators owned by various telecoms groups. In this edition, we have increased coverage from 20 to 27 groups.
The benchmarking is based on reported consolidated financial data for Q1 2020, including profit and loss and cashflow statements.
Each iteration of this report closely examines three groups from three different regions, offering a more detailed overview of their financials and any major events impacting their performance in the future. In this edition, we look at Telefónica, Etisalat and MTN.
Related research
2026 Research Themes: topics shaping the industry and driving our focus
Throughout 2025, GSMA Intelligence has analysed developments and innovation spanning all areas of the telecoms industry and wider digital ecosystem. As the industry continues to evolve in 2026, how will the Research Themes change?
Global Mobile Forecasts, Q3 2025 Review: capturing the changes, discussing the drivers
GSMA Intelligence constantly monitors mobile markets across the world to capture the most recent trends and share the latest available data. This analysis looks at the key revisions made to the mobile connection forecasts over the previous quarter and the drivers underpinning the changes.
Open RAN as 2026 looms: performance continues to hold it back
As 2026 approaches, many operators remain committed to open RAN, but its status as a technology priority is nearing an all-time low. What has held back open RAN market development and how is the technology failing to meet operator needs?
Authors
How to access this report
Annual subscription: Subscribe to our research modules for comprehensive access to more than 200 reports per year.
Enquire about subscriptionContact our research team
Get in touch with us to find out more about our research topics and analysis.
Contact our research teamMedia
To cite our research, please see our citation policy in our Terms of Use, or contact our Media team for more information.
Learn moreRelated research
2026 Research Themes: topics shaping the industry and driving our focus
Throughout 2025, GSMA Intelligence has analysed developments and innovation spanning all areas of the telecoms industry and wider digital ecosystem. As the industry continues to evolve in 2026, how will the Research Themes change?
Global Mobile Forecasts, Q3 2025 Review: capturing the changes, discussing the drivers
GSMA Intelligence constantly monitors mobile markets across the world to capture the most recent trends and share the latest available data. This analysis looks at the key revisions made to the mobile connection forecasts over the previous quarter and the drivers underpinning the changes.
Open RAN as 2026 looms: performance continues to hold it back
As 2026 approaches, many operators remain committed to open RAN, but its status as a technology priority is nearing an all-time low. What has held back open RAN market development and how is the technology failing to meet operator needs?
- 200 reports a year
- 50 million data points
- Over 350 metrics
