6 Telecommunications Business Success Stories [2024]

Pat Walls

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Updated: November 1st, 2023

Start A Telecommunications Business

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.

Here are some real life success stories of starting a telecommunications business:

Learn more about starting a telecommunications business:

Where to start?

-> How to start a telecommunications business?
-> How much does it cost to start a telecommunications business?
-> Pros and cons of a telecommunications business

Need inspiration?

-> Examples of established telecommunications business

Other resources

-> Profitability of a telecommunications business

Part of

Starting A Telecommunications Business: Everything You Need To Know

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1. Tesix Wireless Network ($5.16M/year)

Chaymeriyia Moncrief, the founder of Tesix Wireless Network, came up with the idea for her prepaid wireless carrier after experiencing frustration with high phone bills and fees from traditional contract carriers. She realized that there was a need for a carrier that catered to young adults and millennials who wanted lower-cost phone services without contracts or data limits. Through extensive research and learning about MVNOs, she discovered a way to launch her own carrier without requiring millions of dollars and towers in every state. After 412 days of planning and preparation, Tesix Wireless Network was successfully launched, attracting thousands of subscribers and generating significant monthly revenue.

How much they make: $5.16M/year
How much did it cost to start: $125K
Current team size: 8

How I Built A Wireless Carrier Company At 28 And Grew It To $430K/Monthly Revenue

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.

About

Chaymeriyia started Tesix Wireless Network over 5 years ago

Revenue

Chaymeriyia grew the business to $430K/month

Costs

It cost Chaymeriyia $125000 to start the business

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