1 China Mobile Limited 0941.HK $216.92B $10.46 +0.24% $0.03 HK 2 SoftBank Group Corp. 9984.T $196.75B $34.52 −1.22% $0.43 JP 3 Verizon Communications Inc. VZ $196.38B $47.03 −0.06% $0.03 US 4 T-Mobile US, Inc. TMUS $191.15B $178.20 +0.57% $1.01 US 5 AT&T Inc. T $164.97B $24.08 +1.20% $0.28 US 6 Deutsche Telekom AG DTE.DE $157.10B $32.47 −3.24% $1.09 DE 7 Bharti Airtel Limited BHARTIARTL.NS $127.15B $20.38 −0.86% $0.18 IN 8 Comcast Corporation CMCSA $89.43B $25.20 −0.63% $0.16 US 9 China Telecom Corporation Limited 601728.SS $85.23B $0.93 +1.46% $0.01 CN 10 NTT, Inc. 9432.T $81.96B $1.01 +0.88% $0.01 JP 11 América Móvil, S.A.B. de C.V. AMX $71.69B $23.89 +0.59% $0.14 MX 12 KDDI Corporation 9433.T $67.83B $17.82 −5.07% $0.95 JP 13 Saudi Telecom Co. 7010.SR $57.72B $11.57 −0.18% $0.02 SA 14 Singapore Telecommunications Limited Z74.SI $54.77B $3.34 −0.70% $0.02 SG 15 Orange S.A. ORA.PA $49.52B $18.63 −2.01% $0.38 FR 16 Swisscom AG SCMN.SW $40.09B $773.91 −0.56% $4.33 CH 17 Telstra Group Limited TLS.AX $39.11B $3.51 −0.50% $0.02 AU 18 Vodafone Group Public Limited Company VOD $36.27B $15.75 −2.72% $0.44 GB 19 Advanced Info Service Public Company Limited ADVANC-R.BK $33.47B $11.25 −0.80% $0.09 TH 20 Chunghwa Telecom Co., Ltd. CHT $32.85B $42.34 −0.42% $0.18 TW 21 BT Group plc BT-A.L $25.64B $2.63 −2.16% $0.06 GB 22 China Unicom (Hong Kong) Limited 0762.HK $24.84B $0.81 −0.39% $0.00 HK 23 Telefónica, S.A. TEF.MC $23.65B $4.20 −0.95% $0.04 ES 24 MTN Group Limited MTN.JO $23.29B $12.70 +0.98% $0.12 ZA 25 China Tower Corporation Limited CHWRF $21.50B $1.23 +0.00% $0.00 — CN 26 BCE Inc. BCE $21.02B $22.54 −0.92% $0.21 CA 27 Cellnex Telecom, S.A. CLNX.MC $20.77B $31.30 −1.71% $0.54 ES 28 Charter Communications, Inc. CHTR $20.66B $153.29 +0.47% $0.72 US 29 China United Network Communications Limited 600050.SS $20.10B $0.64 +0.70% $0.00 CN 30 Telefônica Brasil S.A. VIV $19.09B $11.93 −0.67% $0.08 BR 31 Telenor ASA TEL.OL $19.04B $13.96 −1.41% $0.20 NO 32 Vodacom Group Limited VOD.JO $18.83B $9.75 −1.79% $0.18 ZA 33 Rogers Communications Inc. RCI $18.70B $34.62 +0.44% $0.15 CA 34 Telecom Italia S.p.A. TIT.MI $18.49B $8.67 −1.24% $0.11 IT 35 Telia Company AB (publ) TELIA.ST $17.72B $4.51 −2.06% $0.09 SE 36 Koninklijke KPN N.V. KPN.AS $17.54B $4.57 −2.08% $0.10 NL 37 China Satellite Communications Co., Ltd. 601698.SS $17.29B $4.09 +0.51% $0.02 CN 38 Millicom International Cellular S.A. TIGO $16.06B $95.88 −1.25% $1.21 LU 39 Airtel Africa Plc AAF.L $15.82B $4.35 −2.13% $0.09 GB 40 Emirates Integrated Telecommunications Company PJSC DU.AE $15.01B $3.31 −1.14% $0.04 AE 41 Telus Corp TU $14.97B $9.59 −1.34% $0.13 CA 42 Zegona Communications plc ZEG.L $14.86B $19.57 −4.61% $0.94 GB 43 Vodafone Idea Limited IDEA.BO $14.79B $0.14 +1.25% $0.00 IN 44 Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk TLK $14.74B $14.95 −0.99% $0.15 ID 45 True Corporation Public Company Limited TRUE-R.BK $14.15B $0.41 +0.75% $0.00 TH 46 EchoStar Corporation ECHO $14.13B $89.15 −0.99% $0.89 US 47 SK Telecom Co.,Ltd SKM $12.78B $33.29 −2.83% $0.97 KR 48 Etihad Etisalat Company 7020.SR $12.78B $16.65 +1.79% $0.29 SA 49 HKT Trust and HKT Limited HKTTY $11.99B $15.81 −2.83% $0.46 HK 50 Tele2 AB (publ) TEL2-A.ST $11.63B $17.09 −2.11% $0.37 SE 51 Ooredoo Q.P.S.C. ORDS.QA $11.49B $3.59 −0.31% $0.01 QA 52 Far EasTone Telecommunications Co., Ltd. 4904.TW $11.36B $3.15 −1.46% $0.05 TW 53 Quebecor Inc. QBR-A.TO $11.33B $49.48 +4.58% $2.17 CA 54 Globalstar, Inc. GSAT $10.79B $83.82 +0.50% $0.42 US 55 Taiwan Mobile Co., Ltd. 3045.TW $10.39B $3.43 −0.90% $0.03 TW 56 Indus Towers Limited INDUSTOWER.BO $10.18B $3.86 −4.39% $0.18 IN 57 Itissalat Al-Maghrib (IAM) S.A. IAM.PA $9.14B $10.40 +0.00% $0.00 MA 58 KT Corporation KT $8.82B $18.30 −1.08% $0.20 KR 59 TIM S.A. TIMB $8.79B $18.39 −0.22% $0.04 BR 60 Hellenic Telecommunications Organization S.A. HTO.AT $8.70B $22.72 −0.61% $0.14 GR 61 Celcomdigi Berhad 6947.KL $8.32B $0.71 +0.00% $0.00 MY 62 Telefónica Deutschland Holding AG TELDF $8.18B $2.75 +21.52% $0.49 DE 63 PT Indoritel Makmur Internasional Tbk. DNET.JK $7.95B $0.56 +2.30% $0.01 ID 64 Bharti Hexacom Limited BHARTIHEXA.NS $7.90B $15.81 −2.07% $0.33 IN 65 Telekom Austria AG TKA.VI $7.75B $11.67 +1.41% $0.16 AT 66 Telekom Malaysia Berhad 4863.KL $7.42B $1.93 −0.50% $0.01 MY 67 Maxis Berhad 6012.KL $7.02B $0.90 +0.83% $0.01 MY 68 PT Mora Telematika Indonesia MORA.JK $6.89B $0.29 −0.95% $0.00 ID 69 Lumen Technologies, Inc. LUMN $6.84B $6.64 +6.41% $0.40 US 70 Bezeq The Israel Telecommunication Corp. Ltd BEZQ.TA $6.72B $2.44 −0.88% $0.02 IL 71 Infrastrutture Wireless Italiane S.p.A. INW.MI $6.66B $7.38 −0.85% $0.06 — IT 72 Elisa Oyj ELISA.HE $6.46B $40.24 −0.91% $0.37 FI 73 Telecom Argentina S.A. TEO $6.16B $14.30 +3.40% $0.47 AR 74 PCCW Limited 0008.HK $5.46B $0.70 +0.27% $0.00 HK 75 Orange Polska S.A. OPL.WA $5.36B $4.09 −1.11% $0.05 PL 76 Iridium Communications Inc. IRDM $5.23B $49.32 −1.22% $0.61 US 77 Tata Communications Limited TATACOMM.BO $5.20B $18.26 −0.96% $0.18 IN 78 Liberty Broadband Corporation LBRDA $5.19B $36.06 +0.36% $0.13 US 79 TPG Telecom Limited TPG.AX $4.96B $2.53 −0.97% $0.02 AU 80 Turkcell Iletisim Hizmetleri A.S. TKC $4.79B $5.50 +0.00% $0.00 TR 81 United Internet AG UTDI.DE $4.69B $27.13 −1.76% $0.49 DE 82 LG Uplus Corp. 032640.KS $4.57B $10.76 +2.01% $0.21 KR 83 Axiata Group Berhad 6888.KL $4.29B $0.47 +1.06% $0.00 MY 84 PLDT Inc. PHI $4.25B $19.68 −1.75% $0.35 PH 85 Globe Telecom, Inc. GTMEY $4.24B $29.32 +26.82% $6.20 PH 86 Türk Telekomünikasyon Anonim Sirketi TTKOM.IS $4.12B $1.18 +2.75% $0.03 TR 87 1&1 AG 1U1.DE $4.09B $23.17 +0.25% $0.06 DE 88 Liberty Global plc LBTYB $4.03B $13.20 +3.94% $0.50 BM 89 Mobile TeleSystems Public Joint Stock Company MTSS.ME $3.96B $2.34 +0.03% $0.00 RU 90 VEON Ltd. VEON $3.87B $55.90 −2.10% $1.20 AE 91 Internet Initiative Japan Inc. 3774.T $3.85B $21.74 −4.93% $1.13 JP 92 PT Indosat Ooredoo Hutchison Tbk ISAT.JK $3.80B $0.12 −3.23% $0.00 ID 93 Sunrise Communications AG SUNN.SW $3.77B $51.74 −1.04% $0.54 CH 94 China Communications Services Corporation Limited CUCSY $3.74B $13.50 +0.00% $0.00 — CN 95 Telephone and Data Systems, Inc. TDS $3.58B $33.70 +2.18% $0.72 US 96 freenet AG FNTN.DE $3.18B $26.97 −2.75% $0.76 DE 97 Axtel, S.A.B. de C.V. AXTELCPO.MX $3.16B $0.17 +4.43% $0.01 MX 98 Vodafone Qatar P.Q.S.C. VFQS.QA $3.13B $0.74 −0.37% $0.00 QA 99 Kyivstar Group Ltd. Common Shares KYIV $3.04B $13.18 −1.49% $0.20 AE 100 Array Digital Infrastructure Inc AD $3.02B $35.06 −0.51% $0.18 US 101 Operadora de Sites Mexicanos, S.A.B. de C.V. OPMXF $2.98B $0.99 +1.54% $0.02 MX 102 Nos, S.g.p.s., S.a. NOS.LS $2.83B $5.51 −1.61% $0.09 PT 103 IHS Holding Limited IHS $2.79B $8.30 −0.60% $0.05 GB 104 Helios Towers plc HTWS.L $2.74B $2.69 −1.48% $0.04 GB 105 TIME dotCom Berhad 5031.KL $2.74B $1.48 +0.83% $0.01 MY 106 Public Joint Stock Company Moscow City Telephone Network MGTSP.ME $2.65B $17.16 +0.57% $0.10 RU 107 Ses S.a. SESG.PA $2.62B $6.21 −1.74% $0.11 LU 108 GMO Internet, Inc. 9449.T $2.61B $26.42 +0.43% $0.11 JP 109 PT XLSMART Telecom Sejahtera Tbk EXCL.JK $2.55B $0.14 −1.96% $0.00 ID 110 Eutelsat Communications S.A. ETL.L $2.53B $4.85 +0.00% $0.00 FR 111 Liberty Latin America Ltd. LILA $2.51B $8.51 +0.06% $0.00 BM 112 Mobile Telecommunications Company Saudi Arabia 7030.SR $2.47B $2.74 +0.29% $0.01 SA 113 Chorus Limited CNU.NZ $2.44B $5.63 +0.42% $0.02 NZ 114 Okinawa Cellular Telephone Company 9436.T $2.38B $25.94 −0.36% $0.09 JP 115 Proximus PLC PROX.BR $2.30B $7.12 −1.75% $0.13 BE 116 Partner Communications Company Ltd. PTNR.TA $2.27B $12.08 −1.04% $0.13 IL 117 Spark New Zealand Limited SPK.NZ $2.16B $1.14 +0.13% $0.00 NZ