15 Biggest Cell Phone Companies in the World

In this article we will take a look 15 largest mobile phone companies in the world. To skip our detailed analysis, you can directly view The 5 largest mobile phone companies in the world.

To say that the mobile phone and telecommunications industry has evolved significantly over the past few decades, and the last decade in particular, would be a huge understatement. While it certainly wasn’t 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 it is estimated that more than 6 billion people own a smartphone, a number that no one would have predicted in 2007.

Along with the rise of smartphones and global connectivity, the telecommunications industry has also grown. Although GPRS was the only form of internet available in the early days of mobile phones, where you’d be lucky to open Google after several minutes of trying. Now that 5G is taking over the world, the telecom industry is focused on deploying additional wireless and fiber to meet ever-increasing customer demand. There has also been increased focus on multi-access edge computing, not to mention private mobile networks, as the market continues to gain momentum. Although this market is still relatively new, competition is growing even as the market continues to expand.

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Another factor that the telecom industry needs to consider is the ever-increasing cyber security risk that leaves customers vulnerable. This is especially true for 5G, which as it continues to expand brings new challenges and concerns about vulnerability to hackers. That’s one reason why investors are flocking to cybersecurity stocks. Meanwhile, mobile phone manufacturers have now started producing 5G-compatible mobile phones, although this is usually limited to the flagship series of most mobile phone models.

According to Grand View Research, the global telecommunications industry was valued at approximately US$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 growing rapidly, and since the pandemic, the number has grown rapidly. . With the pandemic confining people to their homes and accepting work from home at an unprecedented level, communication has mostly been through internet connections and mobile phones rather than face-to-face meetings, which has had an added benefit. for the largest mobile phone companies in the world (see 10 Best Telecom Dividend Stocks to Buy).

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To determine the largest mobile phone companies in the world, we decided to consider the industry’s largest companies based on their Fortune Global 500 ranking. We then considered each company’s total revenue, total profit, total assets and number of employees. After that, we have assigned 40% weighting to revenue and profit, and 20% to total assets and number of employees. Based on the above criteria, we have created a composite ranking of the largest mobile phone companies in the world. We used multiple criteria rather than a single one to create the most accurate possible classification. So, let’s take a look at the companies that have dominated the industry, starting with number 15:

15. Orange SA (NYSE: ORAN)

Total revenue (in millions of dollars): 50,275

Total earnings (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. Among the services provided by Orange SA (NYSE: ORAN ) are landline, Internet, IPTV services and of course mobile services. Originally known as France Télécom, Orange SA (NYSE: ORAN ) changed its current name in 2013.

14. KDDI

Total revenue (in millions of dollars): 48,486

Total Earnings (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 biggest achievements is working with five other companies to build a 60Tbit/s undersea data cable that connected Japan to the United States. The cable started operating in 2016.

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13. United Network Communications of China

Total revenue (in millions of dollars): 50,828

Total earnings (millions of dollars): 978

Total assets (in millions of dollars): 93,400

Total number of employees: 242,661

One of 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 calls, data communications, long distance and mobile networks.

12. Telefónica

Total revenue (millions of dollars): 46,439

Total Earnings (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 boasts several 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 earnings (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 it is incorporated in Mexico. With more than 277.4 million wireless subscribers worldwide, America Móvil, SAB de CV (NYSE: AMX) is one of the largest mobile phone companies in the world.

10. Charter Communications, Inc. (NASDAQ:CHTR)

Total revenue (millions of dollars): 51,682

Total Earnings (millions of dollars): 4,654

Total assets (in millions of dollars): 142,491

Total number of employees: 93,700

Charter Communications, Inc. (NASDAQ:CHTR) is an American telecommunications company. Charter Communications, Inc. (NASDAQ:CHTR) is also considered the second largest cable television provider in the United States, while Charter Communications, Inc. (NASDAQ:CHTR) has more than 26 million customers in 41 states,

9. SoftBank Group

Total revenue (millions of dollars): 55,384

Total profit (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 makes up the majority of the group’s operations. The third largest wireless carrier in Japan, SoftBank Group boasts more than 45 million subscribers. The company also manages the largest technology-focused venture capital fund in the world, with more than $100 billion in capital, while investors include sovereign wealth funds from wealthy Middle Eastern countries.

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8. Vodafone Group Public Limited Company (NASDAQ:VOD)

Total revenue (in millions of dollars): 52,932

Total Earnings (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 partner networks in 48 additional countries. In addition, Vodafone Group Public Limited Company (NASDAQ:VOD) also provides telecommunications and IT services to corporate customers in nearly 150 countries. Although its revenue decreased in 2021 compared to the previous year, the company’s net income increased.

7. China Telecom

Total revenue (in millions of dollars): 83,596

Total earnings (millions of dollars): 1935

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. It was sanctioned by the United States under President Donald Trump’s order, resulting in the company’s delisting in 2021. In October 2021, the US Federal Communications Commission revoked the company’s operating license and in 2022 determined that its US subsidiary was a national security threat.

6. Deutsche Telekom

Total revenue (in millions of dollars): 128,631

Total Earnings (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. It is a German company and operates several subsidiaries worldwide and owns one of the largest mobile brands in the world, T-Mobile. The total shares directly or indirectly owned by the German government was 31.9% in April 2020.

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Disclosure: None. The 15 largest mobile phone companies in the world are originally published by Insider Monkey.

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