Although the US telecoms market is often considered to be less competitive than its counterparts in Europe, Verizon is the only US telco consistently making a better return on capital employed (ROCE) than Telefónica and Orange. For the period between 2010 and 2016, AT&T's average ROCE of 7.2% trails well behind that of Verizon (10.4%) and Telefónica (9.7%).
For more information on US and European telcos' financial performance, see the recent reports published by Pringle Media.
The Kindle version of the US report is available
here and the iPad version is
here
The Kindle version of the Europe report is available
here and the iPad version is
here
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