15 Biggest Cell Phone Companies in the World

In this article we will look at it The 15 largest mobile phone companies in the world. You can watch live to skip our detailed analysis 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, especially the last decade, would be a massive understatement. While certainly not the first smartphone, when the iPhone first came out in 2007, smartphones were considered more of an exception than the norm. 15 years later, smartphones have taken over the world, and it is estimated that more than 6 billion people own smartphones, a number that no one could have predicted in 2007.

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, you’ll be lucky to open Google after a few minutes of trying. 5G is now taking the world by storm and the telecom sector is focusing on deploying additional wireless and fiber to meet ever-increasing customer demand. There is also an emphasis on highly available edge computing, not to mention private cellular networks, as the market continues to gain momentum. Although this market is still relatively new, competition is increasing as the market continues to expand.

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Another factor that the telecom sector needs to consider is cyber security threats that leave consumers vulnerable. This is especially the case with 5G, which, as it continues to expand, raises many issues and concerns about the vulnerability of hackers. This is one of the reasons why investors are flocking to cybersecurity funds. In addition, mobile phone manufacturers are also starting to release 5G compatible mobile phones, although this is usually limited to the flagship series of most mobile phones.

According to Grand View Research, the global telecommunications industry was valued at 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 growing, and since the pandemic, this number has increased dramatically. . With the pandemic confining most people to their homes and increasing work from home to unprecedented levels, communication has been primarily via internet connections and mobile phones rather than face-to-face meetings, which has had the added benefit of for the world’s largest mobile phone companies (see 10 Best Telecom Dividend Stocks to Buy).

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To determine the biggest mobile phone companies in the world, we decided to look at the biggest names in the industry based on the Fortune Global 500 ranking. We then looked at total revenue, total profit, total assets, and number of employees for each company. We then assigned a 40% weight to revenue and profit, and a 20% weight to total assets and number of employees. Based on the criteria mentioned above, we have created aggregate rankings for the world’s largest mobile phone companies. We used more than one criteria to create more accurate potential rankings. So, let’s take a look at the companies that have dominated the industry since number 15:

15. Orange SA (NYSE:ORAN)

Gross earnings (in millions of dollars): 50,275

Gross profit (in millions of dollars): 276

Total assets (in millions of dollars): 122,877

Total number of employees: 139,698 people

Orange SA (NYSE:ORAN) is a French multinational telecommunications company. Services offered by Orange SA (NYSE:ORAN) include landline, internet, IPTV services and of course mobile. Although originally known as France Télécom, Orange SA (NYSE: ORAN ) rebranded to its current name in 2013.

14. KDDI

Gross earnings (in millions of dollars): 48,486

Gross profit (in millions of dollars): 5,986

Total assets (in millions of dollars): 91,297

Total number of employees: 48,829

One of the three Japanese companies on the list of the world’s largest mobile phone companies, one of KDDI’s major achievements is working with five other companies to build a 60Tb/s undersea data cable connecting Japan to the United States. The cable was launched in 2016.

13. China United Network Communications

Gross earnings (in millions of dollars): 50,828

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Gross profit (in millions of dollars): 978

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

Total number of employees: 242,661 people

One of the three Chinese companies on the list, China United Network Communications is a state-owned telecommunications operator in China and offers a variety of services, including Internet services, local calls, data communications, long distance and mobile networks.

12. Telephony

Gross earnings (in millions of dollars): 46,439

Gross profit (in millions of dollars): 9,621

Total assets (in millions of dollars): 124,175

Total number of employees: 104,150 people

One of the largest mobile phone companies in Europe, Telefónica is a Spanish company that boasts many major brands such as O2, Vivo and Movistar.

11. América Móvil, SAB de CV (NYSE:AMX)

Gross earnings (in millions of dollars): 49,702

Gross profit (in millions of dollars): 9,490

Total assets (in millions of dollars): 82,588

Total number of employees: 181,205 people

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, América Móvil, SAB de CV (NYSE:AMX) is one of the world’s largest mobile phone companies.

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

Gross earnings (in millions of dollars): 51,682

Gross profit (in millions of dollars): 4,654

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

Total number of employees: 93,700 people

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

9. SoftBank Group

Gross earnings (in millions of dollars): 55,384

Gross profit (in millions of dollars): -15,205

Total assets (in millions of dollars): 391,604

Total number of employees: 59,721 people

Although SoftBank is not exclusively a mobile phone company, telecommunications is a major part of the group’s operations. SoftBank Group, the third largest wireless operator in Japan, has more than 45 million subscribers. The company also runs the world’s largest technology-focused venture capital fund, with more than $100 billion in capital, and investors include sovereign wealth funds from wealthy Middle Eastern countries.

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

Gross earnings (in millions of dollars): 52,932

Gross profit (in millions of dollars): 2,425

Total assets (in millions of dollars): 170,479

Total number of employees: 96,941 people

Vodafone Group Public Limited Company (NASDAQ: VOD ) is a British telecommunications company and has operations and networks in at least 22 countries and operates partner networks in 48 additional countries. In addition, Vodafone Group Public Limited Company (NASDAQ:VOD) provides telecommunications and IT services to corporate clients in approximately 150 countries. Although its revenue decreased in 2021 compared to the previous year, the company saw an increase in its net income.

7. China Telecommunications

Gross earnings (in millions of dollars): 83,596

Gross profit (in millions of dollars): 1,935

Total assets (in millions of dollars): 155,818

Total number of employees: 394,600 people

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 executive order, resulting in the company being delisted in 2021. In October 2021, the US Federal Communications Commission revoked the company’s operating license and designated its US subsidiary in 2022. a threat to national security.

6. Deutsche Telekom

Gross earnings (in millions of dollars): 128,631

Gross profit (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. It is a German company and operates many subsidiaries around the world and owns one of the world’s largest mobile brands in T-Mobile. The total shares held directly or indirectly by the German government amounted to 31.9% in April 2020.

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Disclosure: None. The 15 Biggest Mobile Phone Companies in the World was originally published by Insider Monkey.

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