Carbon nanotubes (CNTs) are high aspect ratio conducting nanocylinders possessing unprecedented mechanical, thermal, optical, and electronic properties. They are ideal building blocks for use in assembling a randomly oriented, highly connected nanoporous network. When this network is deposited on top of a substrate surface as a thin film with a thickness in the range of 10–100 nm, it becomes a transparent conducting film—an ubiquitous material, currently dominated by tin-doped indium oxide (ITO). This article reviews recent progress in CNT transparent conducting films and discusses fundamental properties of CNTs important for the formation of these films, methods for CNT dispersion and assembling CNTs into transparent conducting films, properties of the CNT transparent conducting films, and issues remaining to be solved in order to make these films a commercially viable alternative to ITO.