To research on the risk evaluation of telecommunication market development and management, the TSCP method is proposed in this paper. With the rapid development of electronic information technology, telecommunication products multiply and its demand is also bigger and bigger. Therefore telecommunication industry has become the sunrise industry. And it has been a leader in industrial development since the 21st century, becoming a new growth point of China's economy. Based on the management data from 2009 to 2012 of the listed telecommunication industry companies, the study adopts TSCP-score model method to analyze the existed management risks of China's flourishing telecommunication industry and carry out the study of management risk evaluation. Through using TSCP-model and the analysis of mass data, the findings are as follows: the management situation of China's most telecommunication industry enterprises is not very good with TSCP value between 1.81 and 2.675, and the international debt crisis of this industry is still spreading. This study aims to learn the management situation and development potential of China's telecommunication industry and warns the relevant enterprises to management risk prevention.