In this article, we will look at the The 15 largest mobile phone companies in the world. To skip our detailed analysis, you can go directly to the The 5 largest mobile phone companies in the world.
To say that the mobile phone and telecommunications industry has evolved significantly in recent years, and especially in the last decade, is a huge understatement. While it’s certainly not the first smartphone, when the iPhone was first launched in 2007, smartphones were considered the exception rather than the norm. 15 years later, smartphones have taken over the world, and estimates suggest that more than 6 billion people own a smartphone, a number no one would have predicted back in 2007.
With the rise of smartphones and global connectivity, the telecom industry has also grown. Although GPRS was the only type of internet available in the early days of mobile phones, where you’d be lucky to open Google after a few minutes of trying. Now, 5G is taking over the world and the telecom sector is focusing on additional wireless and fiber deployment to meet the ever-increasing customer demand. There is also an increased focus on multi-access edge computing not to mention private cellular networks as the market continues to grow. Although this market is still relatively new, competition is increasing even as the market continues to expand.
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Another factor that the telecommunications sector must take into account is the ever-increasing risk of cyber security, which is leaving customers at risk. This is especially true in the case of 5G, which, although it continues to expand, brings with it many new issues and concerns regarding the vulnerability of hackers. That’s one of the reasons why investors are getting into cybersecurity stocks. In the meantime, mobile phone producers have also started producing 5G compatible mobile phones, although this is generally true of one flagship series of mobile phone models.
According to Grand View Research, the global telecommunications industry was worth approximately $1.7 trillion in 2020 and is expected to grow at a CAGR of 5.4% from 2021 to 2028. The number of mobile subscribers is on the rise and since the pandemic, that number has increased. . With the pandemic confining most people to their own homes and the adoption of working from home increasing to an unprecedented level, communication was mainly through internet connections and mobile phones rather than face-to-face meetings, which created an added advantage . for the world’s largest mobile phone companies (see 10 best telecom dividend stocks to buy).
To determine the largest mobile phone companies in the world, we decided to evaluate the biggest names in the industry, based on their Fortune Global 500 rankings. We then considered total revenue, total profit, total assets and number of employees for each company. We have then assigned a 40% weighting to revenue and profit, while assigning a 20% weighting to total assets and number of employees. Based on the aforementioned criteria, we have then created composite rankings for the largest mobile phone companies in the world. We used multiple criteria rather than just one, to make a possible classification more accurate. So, let’s take a look at the companies that led the industry, starting with number 15:
15. Orange SA (NYSE:ORAN)
Total income (in millions of dollars): 50,275
Total profits (in millions of dollars): 276
Total assets (in millions of dollars): 122,877
Total number of employees: 139,698
Orange SA (NYSE:ORAN) is a French multinational telecommunications company. Services provided by Orange SA (NYSE: ORAN) include landline, internet, IPTV and of course, mobile services. Although originally called France Télécom, Orange SA (NYSE: ORAN) rebranded to its current name in 2013.
14. KDDI
Total income (in millions of dollars): 48,486
Total profits (in millions of dollars): 5,986
Total assets (in millions of dollars): 91,297
Total number of employees: 48,829
One of three Japanese companies on our list of the world’s largest mobile phone companies, one of KDDI’s major achievements is working with five other companies to build a 60Tbits/sa undersea data transmission cable connecting Japan to the United States. The cable started operating in 2016.
13. United China Network Communications
Total revenue (in millions of dollars): 50,828
Total profits (in millions of dollars): 978
Total assets (in millions of dollars): 93,400
Total number of employees: 242,661
One of the three Chinese companies on the list, China United Network Communications is a state-owned telecommunications operator in China, and provides a variety of services including Internet services, local calling, data communications, long distance and mobile networks .
12. Telephony
Total income (in millions of dollars): 46,439
Total profits (in millions of dollars): 9,621
Total assets (in millions of dollars): 124,175
Total number of employees: 104,150
One of the largest mobile phone companies in Europe, Telefónica is a Spanish company that owns numerous major brands such as O2, Vivo and Movistar.
11. América Móvil, SAB de CV (NYSE:AMX)
Total revenue (in millions of dollars): 49,702
Total profits (in millions of dollars): 9,490
Total assets (in millions of dollars): 82,588
Total number of employees: 181,205
América Móvil, SAB de CV (NYSE:AMX) may be listed in the United States, but is incorporated in Mexico. With more than 277.4 million wireless subscribers worldwide, América Móvil, SAB de CV (NYSE: AMX) is easily among the largest mobile phone companies in the world.
10. Charter Communications, Inc. (NASDAQ:CHTR)
Total income (in millions of dollars): 51,682
Total profits (in millions of dollars): 4,654
Total assets (in millions of dollars): 142,491
Total number of employees: 93,700
Charter Communications, Inc. is an American telecommunications company. (NASDAQ:CHTR). Charter Communications, Inc. is also considered (NASDAQ:CHTR) is the second largest cable provider in the United States and Charter Communications, Inc. has over 26 million customers in 41 states. (NASDAQ:CHTR),
9. SoftBank Group
Total income (in millions of dollars): 55,384
Total profits (in millions of dollars): -15,205
Total assets (in millions of dollars): 391,604
Total number of employees: 59,721
Although SoftBank is not just a mobile phone company, telecommunications are a large part of the group’s operations. The third largest wireless carrier in Japan, SoftBank Group boasts more than 45 million subscribers. The company also runs the world’s largest technology-focused venture capital fund, with over $100 billion in capital and investors that include sovereign wealth funds from wealthy countries in the Middle East.
8. Vodafone Group Public Company Limited (NASDAQ:VOD)
Total income (in millions of dollars): 52,932
Total profits (in millions of dollars): 2,425
Total assets (in millions of dollars): 170,479
Total number of employees: 96,941
Vodafone Group Public Limited Company (NASDAQ:VOD) is a British telecommunications company with operations and networks in at least 22 countries and also operates partner networks in an additional 48 countries. In addition, Vodafone Group Public Company Limited (NASDAQ:VOD) provides telecommunications and IT services to corporate clients in close to 150 countries. Although its revenue decreased in 2021 compared to the previous year, the company saw an increase in net income.
7. China Telecommunications
Total income (in millions of dollars): 83,596
Total profits (in millions of dollars): 1,935
Total assets (in millions of dollars): 155,818
Total number of employees: 394,600
The second largest mobile phone company in China, China Telecommunications is a state-owned telecommunications company with three listed companies: China Communications Services Corporation Limited, China Telecom Corporation Limited and Besttone Holding Co. Limited. The United States approved it in accordance with an executive order from President Donald Trump, resulting in the delisting of the company in 2021. In October 2021, the US Federal Communications Commission revoked the company’s operating license and in 2022, he named his United States subsidiary to be. a threat to national security.
6. Deutsche Telekom
Total income (in millions of dollars): 128,631
Total profits (in millions of dollars): 4,937
Total assets (in millions of dollars): 320,210
Total number of employees: 216,528
Deutsche Telekom is the largest mobile phone and telecommunications company in Europe. A German company, it operates multiple subsidiaries around the globe, and owns one of the world’s largest mobile communications brands in T-Mobile. The German government held 31.9% of the total commitments, directly or indirectly, in April 2020.
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Disclosure: None. 15 largest mobile phone companies in the world was originally published by Insider Monkey.
