15 Biggest Cell Phone Companies in the World

In this article, we will take a look at these 15 Biggest Cell Phone Companies in the World. To skip our detailed analysis, you can go directly to see these 5 Biggest Cell Phone Companies in the World.

To say that the cellphone and telecommunications industry has evolved significantly over the past few decades, and especially the last decade, would be a massive understatement. Although not the first smartphone, when the iPhone first launched in 2007, smartphones were considered to be 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 back 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 cellphones, you’d be lucky to open Google after a few minutes of trying. Now, 5G is taking over the world and the telecom sector is focused on additional wireless and fiber deployment to meet the ever increasing demand of 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 the 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 has to consider is the ever-increasing risk of cyber security, which leaves customers vulnerable. This is especially true for 5G, which is continuing to expand, and brings with it a whole new set of issues and concerns about vulnerability to hackers. This is one of the reasons why investors are flocking to cybersecurity stocks. Meanwhile, cell phone producers have also now started to produce cell phones that are compatible with 5G, although this is generally only for the flagship series of most cell phone models.

According to Grand View Research, the global telecom industry is worth approximately $1.7 trillion in 2020 and is expected to grow at a CAGR of 5.4% from 2021 to 2028. The number of mobile subscribers is soaring and since the pandemic, the number has skyrocketed. With the pandemic confining most people to their own homes and the acceptance of work from home increasing to an unprecedented level, communication has primarily taken place through internet connections and mobile phones, as opposed to face-to-face meetings, resulting in an additional boon. For the biggest cellphone companies in the world (see 10 Best Telecom Dividend Stocks to Buy).

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To determine the biggest cellphone companies in the world, we decided to consider the biggest names in the industry, based on their Fortune Global 500 rankings. We then considered the total revenue, total profit, total assets and the number of employees for each company. We then assigned 40% weightage to revenue and profit, while assigning 20% ​​weightage to total assets and the number of employees. Based on the aforementioned criteria, we have created composite rankings for the biggest cellphone companies in the world. We used multiple criteria rather than a single one, to come up with more accurate possible rankings. 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 profits (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 provided by Orange SA (NYSE:ORAN) are landline, internet, IPTV services and of course mobile. While initially 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 profits (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 biggest cellphone companies in the world, one of KDDI’s major achievements was working with five other companies to build a 60 Tbits/s undersea data transmission cable linking Japan to the United States. The cable started operations in 2016.

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13. China United Network Communications

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

Total profits (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 provides various services including Internet services, local calling, data communications, long-distance and mobile networks.

12. Telefonica

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

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

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

Total number of employees: 104,150

One of the biggest cellphone companies in Europe, Telefónica is a Spanish company that boasts multiple 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 profits (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 globally, América Móvil, SAB de CV (NYSE: AMX ) is easily among the biggest cellphone companies in the world.

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

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

Total profits (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 telecom company. Charter Communications, Inc. (NASDAQ:CHTR) is also considered to be 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 profits (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 cellphone company, telecommunications make up a major part of the group’s operations. The third largest wireless carrier in Japan, SoftBank Group boasts more than 45 million subscribers. The company also runs 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 profits (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 and 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 clients in close to 150 countries. While its revenue declined 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 profits (in millions of dollars): 1,935

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

Total number of employees: 394,600

The second largest cellphone 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 Bestone Holding Co. Limited. It was sanctioned by the US. A national security threat.

6. Deutsche Telekom

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

Total profits (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 cellphone and telecommunications company in Europe. It is a German company, and operates multiple subsidiaries across the globe, and is the owner of one of the biggest mobile communication brands in the world in T-Mobile. The total stake of the German government, either directly or indirectly, was 31.9% in April 2020.

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Disclosure: None. 15 Biggest Cell Phone Companies in the World was originally published in Insider Monkey.

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