1 SoftBank Group Corp. 9984.T $246.13B $43.19 +7.25% $2.92 JP 2 Verizon Communications Inc. VZ $209.36B $50.14 −0.88% $0.44 US 3 China Mobile Limited 0941.HK $208.62B $10.06 −0.32% $0.03 HK 4 T-Mobile US, Inc. TMUS $194.71B $181.52 −3.46% $6.50 US 5 AT&T Inc. T $175.87B $25.67 −2.00% $0.52 US 6 Deutsche Telekom AG DTE.DE $158.89B $32.84 −0.56% $0.19 DE 7 Bharti Airtel Limited BHARTIARTL.NS $121.23B $19.44 −0.83% $0.16 IN 8 Comcast Corporation CMCSA $94.00B $26.49 −0.60% $0.16 US 9 NTT, Inc. 9432.T $90.02B $1.11 +1.13% $0.01 JP 10 China Telecom Corporation Limited 601728.SS $86.33B $0.94 −0.32% $0.00 CN 11 KDDI Corporation 9433.T $73.58B $19.33 +0.78% $0.15 JP 12 América Móvil, S.A.B. de C.V. AMX $69.02B $23.00 −0.76% $0.17 MX 13 Singapore Telecommunications Limited Z74.SI $58.59B $3.57 −0.88% $0.03 SG 14 Saudi Telecom Co. 7010.SR $58.14B $11.65 −0.72% $0.09 SA 15 Orange S.A. FTE.DE $47.26B $17.78 −0.07% $0.01 FR 16 Swisscom AG SCMN.SW $40.60B $783.75 +0.08% $0.62 CH 17 Vodafone Group Public Limited Company VOD $38.92B $16.90 +1.93% $0.32 GB 18 Telstra Group Limited TLS.AX $38.60B $3.47 +0.31% $0.01 AU 19 Chunghwa Telecom Co., Ltd. CHT $33.99B $43.82 +0.14% $0.06 TW 20 Advanced Info Service Public Company Limited ADVANC-R.BK $31.94B $10.74 −1.12% $0.12 TH 21 BT Group plc BT-A.L $26.30B $2.70 −1.24% $0.03 GB 22 Telefonica S.A. TNE5.DE $23.71B $4.21 −1.74% $0.07 ES 23 MTN Group Limited MTN.JO $22.72B $12.39 −0.60% $0.07 ZA 24 China Unicom (Hong Kong) Limited 0762.HK $22.62B $0.74 +2.29% $0.02 HK 25 BCE Inc. BCE $22.07B $23.67 −0.59% $0.14 CA 26 Charter Communications, Inc. CHTR $20.48B $151.99 +0.40% $0.61 US 27 Rogers Communications Inc. RCI $20.27B $37.52 −1.28% $0.49 CA 28 China United Network Communications Limited 600050.SS $19.78B $0.63 +0.47% $0.00 CN 29 Cellnex Telecom, S.A. CLNX.MC $19.58B $29.52 −1.09% $0.33 ES 30 Telenor ASA TEL.OL $19.51B $14.30 −0.38% $0.05 NO 31 China Tower Corporation Limited CHWRF $19.23B $1.10 +0.00% $0.00 CN 32 Telefônica Brasil S.A. VIV $18.66B $11.66 −1.93% $0.23 BR 33 Telecom Italia S.p.A. TIT.MI $18.54B $8.69 −3.56% $0.32 IT 34 Telia Company AB (publ) TELIA.ST $18.32B $4.66 +0.72% $0.03 SE 35 Koninklijke KPN N.V. KPN.AS $18.28B $4.77 +0.00% $0.00 NL 36 Vodacom Group Limited VOD.JO $18.21B $9.43 +0.33% $0.03 ZA 37 Vodafone Idea Limited IDEA.BO $18.00B $0.16 +0.06% $0.00 IN 38 Airtel Africa Plc AAF.L $17.12B $4.71 −0.40% $0.02 GB 39 Millicom International Cellular S.A. TIGO $15.89B $94.83 −1.13% $1.08 LU 40 China Satellite Communications Co., Ltd. 601698.SS $15.27B $3.61 +0.96% $0.03 CN 41 Telus Corp TU $15.10B $9.67 −0.67% $0.07 CA 42 SK Telecom Co.,Ltd SKM $14.86B $38.70 +3.81% $1.42 KR 43 Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk TLK $14.64B $14.85 +0.27% $0.04 ID 44 EchoStar Corporation ECHO $14.23B $89.80 +0.01% $0.01 US 45 Emirates Integrated Telecommunications Company PJSC DU.AE $14.04B $3.10 +1.07% $0.03 AE 46 True Corporation Public Company Limited TRUE-R.BK $13.67B $0.40 −0.76% $0.00 TH 47 Etihad Etisalat Company 7020.SR $13.34B $17.38 −0.68% $0.12 SA 48 Tele2 AB (publ) TEL2-A.ST $12.06B $17.73 −0.29% $0.05 SE 49 HKT Trust and HKT Limited 6823.HK $11.95B $1.58 −0.24% $0.00 HK 50 Far EasTone Telecommunications Co., Ltd. 4904.TW $11.85B $3.29 +1.47% $0.05 TW 51 Taiwan Mobile Co., Ltd. 3045.TW $11.31B $3.73 +0.43% $0.02 TW 52 Ooredoo Q.P.S.C. ORDS.QA $11.16B $3.48 +0.00% $0.00 QA 53 Globalstar, Inc. GSAT $10.60B $82.34 +0.44% $0.36 US 54 Quebecor Inc. QBR-B.TO $10.57B $46.27 +3.23% $1.45 CA 55 Indus Towers Limited INDUSTOWER.NS $10.45B $3.96 −0.43% $0.02 IN 56 KT Corporation KT $9.54B $19.79 −0.20% $0.04 KR 57 Itissalat Al-Maghrib (IAM) S.A. IAM.PA $9.30B $10.58 +0.00% $0.00 MA 58 Hellenic Telecommunications Organization S.A. HTO.AT $8.82B $23.03 −0.10% $0.02 GR 59 TIM S.A. TIMB $8.80B $18.43 −1.44% $0.27 BR 60 Bharti Hexacom Limited BHARTIHEXA.NS $8.13B $16.27 +0.67% $0.11 IN 61 PT Indoritel Makmur Internasional Tbk. DNET.JK $8.00B $0.56 −0.25% $0.00 ID 62 Celcomdigi Berhad 6947.KL $7.99B $0.68 −0.00% $0.00 MY 63 Telekom Austria AG TKA.VI $7.82B $11.77 −0.39% $0.05 AT 64 Telekom Malaysia Berhad 4863.KL $7.55B $1.97 +0.89% $0.02 MY 65 PT Ekamas Mora Republik Tbk MORA.JK $7.28B $0.31 +0.00% $0.00 ID 66 Bezeq The Israel Telecommunication Corp. Ltd BEZQ.TA $7.25B $2.63 −1.37% $0.04 IL 67 Lumen Technologies, Inc. LUMN $6.98B $6.77 −2.03% $0.14 US 68 Maxis Berhad 6012.KL $6.87B $0.88 −0.28% $0.00 MY 69 Telefónica Deutschland Holding AG TELDF $6.73B $2.26 +0.00% $0.00 DE 70 Elisa Oyj ELISA.HE $6.63B $41.26 +0.06% $0.02 FI 71 Infrastrutture Wireless Italiane S.p.A. INW.MI $6.38B $7.07 −1.62% $0.12 IT 72 Telecom Argentina S.A. TEO $5.61B $13.03 +0.46% $0.06 AR 73 United Internet AG UTDI.DE $5.60B $32.40 +2.28% $0.72 DE 74 TPG Telecom Limited TPG.AX $5.51B $2.80 +0.13% $0.00 AU 75 PCCW Limited 0008.HK $5.29B $0.68 +0.66% $0.00 HK 76 Tata Communications Limited TATACOMM.BO $5.24B $18.38 −0.62% $0.11 IN 77 Iridium Communications Inc. IRDM $5.00B $47.21 +0.55% $0.26 US 78 Zegona Communications plc ZEG.L $4.96B $21.99 −1.22% $0.27 GB 79 Orange Polska S.A. OPL.WA $4.90B $3.73 +0.07% $0.00 PL 80 1&1 AG 1U1.DE $4.88B $27.62 +0.42% $0.12 DE 81 LG Uplus Corp. 032640.KS $4.71B $11.09 −1.13% $0.13 KR 82 VEON Ltd. VEON $4.45B $64.21 −3.09% $2.04 AE 83 Turkcell Iletisim Hizmetleri A.S. TKC $4.44B $5.10 +0.79% $0.04 TR 84 PT Indosat Ooredoo Hutchison Tbk ISAT.JK $4.30B $0.13 +0.43% $0.00 ID 85 Globe Telecom, Inc. GTMEY $4.13B $28.58 +0.00% $0.00 PH 86 Telephone and Data Systems, Inc. TDS $4.02B $37.83 +0.03% $0.01 US 87 Axiata Group Berhad 6888.KL $3.97B $0.43 −0.57% $0.00 MY 88 PLDT Inc. PHI $3.93B $18.20 −1.09% $0.20 PH 89 Liberty Global plc LBTYB $3.84B $12.58 −4.33% $0.57 BM 90 Türk Telekomünikasyon Anonim Sirketi TTKOM.IS $3.78B $1.08 +0.87% $0.01 TR 91 China Communications Services Corporation Limited CUCSY $3.74B $13.50 +0.00% $0.00 — CN 92 China Communications Services Corp. Ltd. Class H CUCSF $3.70B $0.53 +0.00% $0.00 — CN 93 Internet Initiative Japan Inc. 3774.T $3.69B $20.81 −0.12% $0.03 JP 94 Sunrise Communications AG SUNN.SW $3.69B $50.66 −0.77% $0.40 CH 95 Mobile TeleSystems Public Joint Stock Company MTSS.ME $3.68B $2.18 +0.97% $0.02 RU 96 Sinch AB (publ) SINCH.ST $3.52B $5.02 +8.31% $0.38 SE 97 freenet AG FNTN.DE $3.35B $28.38 +0.08% $0.02 DE 98 Array Digital Infrastructure Inc AD $3.32B $38.50 −0.59% $0.23 US 99 Kyivstar Group Ltd. Common Shares KYIV $3.26B $14.11 −1.12% $0.16 AE 100 NetLink NBN Trust CJLU.SI $2.99B $0.77 −0.51% $0.00 SG 101 Vodafone Qatar P.Q.S.C. VFQS.QA $2.98B $0.71 +0.20% $0.00 QA 102 Operadora de Sites Mexicanos, S.A.B. de C.V. OPMXF $2.96B $0.99 +0.00% $0.00 MX 103 Nos, S.g.p.s., S.a. NOS.LS $2.92B $5.71 −0.61% $0.03 PT 104 IHS Holding Limited IHS $2.85B $8.47 +0.00% $0.00 GB 105 PT XLSMART Telecom Sejahtera Tbk EXCL.JK $2.79B $0.15 +0.00% $0.00 ID 106 Helios Towers plc HTWS.L $2.79B $2.74 −0.69% $0.02 GB 107 TIME dotCom Berhad 5031.KL $2.67B $1.44 −1.02% $0.01 MY 108 Public Joint Stock Company Moscow City Telephone Network MGTSP.ME $2.57B $16.64 +0.14% $0.02 RU 109 Eutelsat Communications S.A. ETL.L $2.55B $4.88 +0.00% $0.00 FR 110 Liberty Latin America Ltd. LILAK $2.52B $8.45 −2.65% $0.23 BM 111 GMO Internet, Inc. 9449.T $2.49B $25.20 −1.07% $0.27 JP 112 Okinawa Cellular Telephone Company 9436.T $2.48B $27.04 −0.36% $0.10 JP 113 Mobile Telecommunications Company Saudi Arabia 7030.SR $2.45B $2.73 −0.29% $0.01 SA 114 Partner Communications Company Ltd. PTNR.TA $2.44B $13.02 −1.14% $0.15 IL 115 Spark New Zealand Limited SPK.NZ $2.40B $1.27 −0.46% $0.01 NZ 116 Ses S.a. SESG.PA $2.39B $5.66 +1.97% $0.11 LU 117 Proximus PLC PROX.BR $2.35B $7.28 −1.34% $0.10 BE 118 Digi Spain Telecom, S.a. DIGIS.MC $2.29B $7.70 +0.99% $0.08 ES 119 Chorus Limited CNU.NZ $2.26B $5.22 +0.00% $0.00 NZ 120 PT Dayamitra Telekomunikasi Tbk. MTEL.JK $2.26B $0.03 +0.82% $0.00 ID 121 Cellcom Israel Ltd. CEL.TA $2.07B $12.28 +0.14% $0.02 IL