15 Biggest Cell Phone Companies in the World

In this article, we will be looking at this The 15 largest mobile phone companies in the world. To skip our detailed analysis, you can go directly to see The 5 largest mobile phone companies in the world.

To say that the mobile and telecommunications industry has developed significantly in the last few decades, and especially in the last decade, would be a gross understatement. Although not the first smartphone, when the iPhone was first introduced in 2007, smartphones were considered different from the norm. After 15 years, smartphones have taken over the world, estimates suggest that more than six billion people have smartphones, a number that no one could have predicted in 2007.

With the growth of smartphones and global connectivity, the telecommunications industry has also grown. Although GPRS was the only internet connection available in the early days of cell phones, you might be lucky enough to open Google after a few minutes of trying. Now, 5G is taking the world by storm and the telecommunications industry has been focusing on more wireless and fiber deployments to meet the ever-increasing customer demand. There has also been an increased focus on multi-access computing and not to mention private networking as the market continues to grow. Although this market is still new, competition is increasing as the market continues to grow.

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Another factor the telecommunications industry must consider is the ever-increasing risk of cyber security, which leaves customers vulnerable. This is especially true for 5G, which while it continues to grow, brings with it a host of problems and concerns about vulnerability to hackers. This is one of the reasons why investors flock to cybersecurity stocks. Meanwhile, mobile phone manufacturers have also started producing 5G compatible mobile phones, although this is usually true of the flagship series of most mobile phone brands.

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. . With the pandemic keeping many people from their homes and the adoption of working from home increasing to an unprecedented level, communication is primarily through internet and mobile connections as opposed to face-to-face meetings, resulting in increased profitability. for the largest mobile phone companies in the world (see 10 best telecom dividend stocks to buy).

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In order to find the largest mobile phone companies in the world, we decided to consider the biggest names in the industry, based on their Fortune Global 500 ratings. We then considered the amount of revenue, gross profit, total assets and number of employees for each company. We then assign a 40% weight to revenue and profit, while assigning a 20% weight to the total assets and workforce. Based on the principles mentioned above, we then created composite standards for the world’s largest mobile phone companies. We used multiple criteria instead of just one, to come up with more accurate potential rankings. So, let’s take a look at the companies that dominate the industry, starting with number 15:

15. Orange SA (NYSE:ORAN)

Total revenue (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

Orange SA (NYSE:ORAN) is a French multinational telecommunications company. Among the services offered by Orange SA (NYSE:ORAN) are landline, Internet, IPTV and mobile services. While originally known as France Télécom, Orange SA (NYSE:ORAN) was renamed to its current name in 2013.

14. KDDI

Total revenue (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 our list of the world’s largest mobile phone companies, one of KDDI’s greatest achievements is collaborating with five other companies to build a 60Tbits/s undersea cable that connects Japan to the United States. The cable went live in 2016.

13. China United Network Communications

Total revenue (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

One of the three listed Chinese companies, China United Network Communications is a state-owned telecommunications company in China, and provides a variety of services including Internet services, local calling, data communications, long-distance networks and mobile phones.

12. Telefónica

Total revenue (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

One of the largest mobile phone companies in Europe, Telefónica is a Spanish company with 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

Gross profit (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 was 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 companies in the world.

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

Total revenue (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

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 more than 26 million customers in 41 states,

9. SoftBank Group

Total revenue (in millions of dollars): 55,384

Net 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 is a big part of the group’s operations. The third largest mobile phone company in Japan, SoftBank Group has more than 45 million subscribers. The company also manages the world’s largest technology-focused fund, with more than $100 billion in assets and investors including private equity 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

Gross profit (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 operating partner networks in 48 other countries. In addition, Vodafone Group Public Limited Company (NASDAQ:VOD) also provides telecommunications and IT services to corporate customers in nearly 150 countries. While revenue decreased in 2021 compared to last year, the company saw an increase in revenue.

7. China Telecommunications

Total revenue (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

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 Bestone Holding Co. Limited. It was approved by the United States by order of President Donald Trump, which led to the company being delisted in 2021. In October 2021, the US Federal Communications Commission revoked the company’s operating license and in 2022, designated its US subsidiary to be. a threat to national security.

6. Deutsche Telekom

Total revenue (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 and telecommunications company in Europe. It is a German company, and operates many subsidiaries around the world, and owns one of the largest mobile telecommunications brands in the world, T-Mobile. The total amount held by the German government, directly or indirectly, was 31.9% in April 2020.

Click to continue reading and see 5 Largest Mobile Phone Companies in the World.

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

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