15 Biggest Cell Phone Companies in the World

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

To say that the mobile phone and telecommunications industry has evolved significantly over the last few decades, and especially the last decade, would be a massive understatement. Although definitely 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, with estimates suggesting that more than 6 billion people own a smartphone, a number no one would have predicted in 2007.

With the rise of smartphones and global connectivity, the telecom industry has also grown. While GPRS was the only form of internet available in the early days of cell phones, you’d be lucky to open Google after a few minutes of trying. Now 5G is taking over the world and the telecom sector has focused on additional wireless and fiber deployment to meet the increasing demand from customers. There has also been an increased focus on multi-access 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 even as the market continues to expand.

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Another factor that the telecommunications sector needs to consider is the ever-increasing risk of cyber security, which leaves customers vulnerable. This is especially true for 5G, which while it continues to expand, brings a new host of issues and concerns about vulnerabilities for hackers. That’s one of the reasons why investors are flocking to cybersecurity stocks. Meanwhile, cell phone manufacturers have also now started producing cell phones compatible with 5G, but generally this is true for only flagship series of most cell phone models.

According to Grand View Research, the global telecom industry was worth approximately $1.7 trillion in 2020 and is expected to grow at a CAGR of 5.4% from 2021 to 2028. . With the pandemic confining most people to their own homes and the acceptance of working from home increasing to an unprecedented level, communication has mainly taken place through internet connections and mobile phones as opposed to face-to-face meetings, resulting in a additional boon resulted. 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 biggest names in the industry, based on their Fortune Global 500 ranking. We then considered the total revenue, total profit, total assets and number of employees for each company. We then assigned 40% weight to revenue and profit, while assigning 20% ​​weight to total assets and number of employees. Based on the above criteria, we then created composite rankings for the largest mobile phone companies in the world. We used several criteria instead of a single one to come up with the most accurate possible ranking. So, let’s take a look at the companies that dominated the industry, starting with number 15:

15. Orange SA (NYSE:ORAN)

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

Total profit (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. Among the services of Orange SA (NYSE: ORAN) are landline, Internet, IPTV services and of course mobile. While originally known as France Télécom, Orange SA (NYSE:ORAN) rebranded to its current name in 2013.

14. KDDI

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

Total winnings (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 largest mobile phone companies in the world, one of KDDI’s major achievements is working with five other companies to build a 60Tbits/s undersea data transmission cable that connected Japan to the United States. The cable started operations in 2016.

13. China United Network Communications

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

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Total profit (in 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 telecom operator in China, and offers various services including Internet services, local calls, data communications, long-distance and mobile networks.

12. Telefónica

Total revenue (in millions of dollars): 46,439

Total winnings (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 offers many 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 winnings (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 it is incorporated in Mexico. With more than 277.4 million wireless subscribers worldwide, América Móvil, SAB de CV (NYSE: AMX) is easily one of the largest mobile phone companies in the world.

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

Total revenue (in millions of dollars): 51,682

Total winnings (in 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 provider in the United States, while Charter Communications, Inc. (NASDAQ:CHTR) has over 26 million customers in 41 states,

9. SoftBank Group

Total revenue (in 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

While SoftBank is not purely a mobile phone company, telecommunications make up a large part of the group’s operations. The third largest wireless carrier in Japan, SoftBank Group offers more than 45 million subscribers. The company also operates the largest technology-focused venture capital fund in the world, which has over $100 billion in capital, while investors include sovereign wealth funds from wealthy countries in the Middle East.

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

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

Total winnings (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 and has operations and networks in at least 22 countries while also operating 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 close to 150 countries. While its revenue decreased in 2021 compared to the previous year, the company saw an increase in net income.

7. China Telecommunications

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

Total winnings (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 that has three listed companies: China Communications Services Corporation Limited, China Telecom Corporation Limited and Besttone Holding Co. Limited. It was sanctioned by the United States following an executive order by President Donald Trump, which resulted in the company being delisted in 2021. a national security threat.

6. Deutsche Telekom

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

Total winnings (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 several branches all over the world, and is the owner of one of the largest mobile communication brands in the world in T-Mobile. In April 2020, the total shares of the German government, either directly or indirectly, were 31.9%.

Click to continue reading and see the 5 largest mobile phone companies in the world.

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Disclosure: None. 15 largest mobile phone companies in the world was originally published on Insider Monkey.

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