Telecommunications Business

Business Idea: Start A Telecommunications Business in 2024

Updated: October 2nd, 2024

Avg Monthly Revenue
$473K
Avg Startup Costs
$18K
Score
73
Market Size
Avg Revenue
Min Revenue
$150K/month
Max Revenue
$840K/month
Avg Days To Build
412 days

The telecommunication business involves the development, ownership, or operation of one or more telephone, telecommunications or information systems. Typically, telecom companies provide infrastructure to enable clients to transmit voice, video, and data.

To start a telecommunication business, you need telecommunication skills.

Revenue & Profitability

How much do telecommunications businesses make?

Startup Costs

How much does it cost to start a telecommunications business?

  • It can cost as low as $12,000 to start a telecommunications business.
  • It can cost as high as $2,000,000 to start a telecommunications business.

Learn more about the costs of a telecommunications business.

Examples Of Successful Telecommunications Businesses

Successful telecommunications business businesses and case studies

United World Telecoms' founder saw explosive growth potential in the international callback industry and has since created a virtual phone system, partnered with over 2000 businesses worldwide, and uses Google Ads, SEO, and email marketing to promote customer satisfaction.

$840K Monthly Revenue
Read by 10,965 founders

This case study is about how Chaymeriyia Moncrief launched Tesix Wireless Network, a prepaid wireless carrier with around 7,000 mobile subscribers and an average monthly revenue of $430,000 from mobile subscriptions, box sells, and activations kits, targeting young adults and millennials who want lower phone services, zero fees, no contracts, and zero limits on their data by leveraging influencers, raising funds, and building an online presence.

$430K Monthly Revenue
$125K Startup Costs
Read by 3,197 founders

See full list of successful telecommunications businesses.