15 Biggest Cell Phone Companies in the World

In this article, we will look at 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 telecommunications and telecommunications industry has grown exponentially over the past few decades, especially the last decade, is an understatement. Although it was not the first smartphone, when the iPhone was launched in 2007, smartphones were considered something more than the norm. 15 years later, smartphones have taken over the world, with estimates suggesting that more than 6 billion people own smartphones, a number that was not predicted in 2007.

With the rise of smartphones and global connectivity, the telecom 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. Now, 5G dominates the world, and the telecom sector is focusing on additional wireless and fiber deployments to meet the growing demand of consumers. There has also been an increased focus on multi-access software not to mention dedicated mobile networks as the market continues to expand. Although this market is still new, the competition is increasing even as the market is growing.

Bumble Funny Bios for Women

Bumble Funny Bios for Women

WilmaVdZ/Shutterstock.com

Another issue that the telecommunications industry needs to consider is the growing threat of cyber security, which leaves consumers vulnerable. This is especially true for 5G, as it continues to gain momentum, bringing with it a number of issues and concerns regarding vulnerability to hackers. That’s one of the reasons investors are flocking to cyber security stocks. Currently, mobile phone manufacturers have also started to produce mobile phones that are compatible with 5G, although this is usually true for the flagship series of most mobile phone models.

According to Big Outlook Research, the telecommunications industry is estimated to be worth $1.7 trillion by 2020 and is expected to grow at a CAGR of 5.4% from 2021 to 2028. The number is increasing of mobile subscribers and since the pandemic, this number has been increasing. . With the pandemic restricting most people to their own homes and allowing work from home to rise to an unprecedented level, the story first appeared through social networks and mobile as an alternative to face-to-face meetings, which resulted in additional benefits. for the world’s largest telecom companies (see the 10 best telecom stocks to buy).

Also Read :  A former NBA champion is changing 'how the world builds' to fight the climate crisis

To determine the largest telecommunications companies in the world, we decided to consider the biggest names in the industry, based on their Fortune Global 500 ranking. We took into account the total revenue, the total profit, total assets and number of employees for each company. We have assigned a 40% weight to revenue and profits, while allocating a 20% weight to total assets and number of employees. Based on the above-mentioned criteria, we have created a composite list of the largest telecom companies in the world. We used multiple criteria, rather than just one, to make the lists as good as possible. So, let’s take a look at the companies that have dominated the industry, starting with number 15:

15. Orange SA (NYSE:ORAN)

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

Total revenue (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 public telecommunications company. Among the services provided by Orange SA (NYSE: ORAN) are landline, internet, IPTV services and of course, mobile phones. 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

Total revenue (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 world’s largest telecommunications companies, one of KDDI’s greatest achievements was working with five other companies to build the cable. 60Tbits/si undersea data transfer connecting Japan to the United States. The cable was launched in 2016.

Also Read :  As yen tumbles, gadget-loving Japan goes for secondhand iPhones

13. China United Network Communications

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

Total revenue (in millions of dollars): 978

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

Number of employees: 242,661

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

12. Telefónica

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

Total revenue (in millions of dollars): 9,621

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

Total number of employees: 104,150

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

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

Total revenue (in millions of dollars): 49,702

Total revenue (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 is incorporated in Mexico. With more than 277.4 million wireless subscribers worldwide, América Móvil, SAB de CV (NYSE:AMX) is among the world’s largest wireless companies.

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

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

Total revenue (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 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

Total 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 a mobile phone company, telecommunications is a major part of the group’s operations. The third largest wireless carrier in Japan, SoftBank Group boasts over 45 million subscribers. The company also manages a global technology-focused venture capital fund, with over $100 billion in capital invested as investors access sovereign wealth funds from countries with especially in the Middle East.

Also Read :  Node.js vs Python: Which One Should You Use for Web Apps?

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

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

Total revenue (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 relationships in over 22 countries while operating partner networks in additional countries that 48. In addition, Vodafone Group Public Limited Company (NASDAQ:VOD) provides telecommunications and IT services to business customers in nearly 150 countries. compared to the previous year, the company saw an increase in revenue.

7. China Mobile

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

Total revenue (in millions of dollars): 1,935

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

Number of employees: 394,600

The second largest telecommunications company in China, China Telecommunications is a state-owned telecommunications company comprising three listed companies: China Communications Services Corporation Limited, China Telecom Corporation Limited and Besttone Holding Co. Limited. It was approved by the United States based on the executive order of President Donald Trump and therefore banned the company in 2021. In October 2021, the US Federal Communications Commission revoked the company’s operating license, and in 2022, its subsidiary was selected for the US. a national security threat.

6. Deutsche Telekom

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

Total revenue (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 telecommunications and telecommunications company in Europe. This is a German company that operates many subsidiaries around the world and is the owner of one of the world’s largest mobile phone brands in T-Mobile. The stake held by the German government, directly or indirectly, was 31.9% in April 2020.

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

See also:

Disclosure: None. 15 of the world’s largest mobile phone companies appeared first on Insider Monkey.

Source

Leave a Reply

Your email address will not be published.

Related Articles

Back to top button