1. China Mobile
- Total Revenue: $140.5 billion
- Country: 🇨🇳 China
- Sector: Telecom
2. Verizon
- Total Revenue: $134 billion
- Country: 🇺🇸 United States
- Sector: Telecom
3. AT&T
- Total Revenue: $122.4 billion
- Country: 🇺🇸 United States
- Sector: Telecom
4. Comcast
- Total Revenue: $121.6 billion
- Country: 🇺🇸 United States
- Sector: Telecom & Media
5. Deutsche Telekom
- Total Revenue: $120.7 billion
- Country: 🇩🇪 Germany
- Sector: Telecom
6. Nippon Telegraph and Telephone (NTT)
- Total Revenue: $97.4 billion
- Country: 🇯🇵 Japan
- Sector: Telecom
7. China Telecom
- Total Revenue: $70.3 billion
- Country: 🇨🇳 China
- Sector: Telecom
8. SoftBank
- Total Revenue: $55.2 billion
- Country: 🇯🇵 Japan
- Sector: Telecom & Tech Investment
9. Charter Communications
- Total Revenue: $54.0 billion
- Country: 🇺🇸 United States
- Sector: Telecom & Cable
10. China Unicom
- Total Revenue: $52.8 billion
- Country: 🇨🇳 China
- Sector: Telecom
11. Vodafone
- Total Revenue: $49.7 billion
- Country: 🇬🇧 United Kingdom
- Sector: Telecom
12. Orange
- Total Revenue: $45.7 billion
- Country: 🇫🇷 France
- Sector: Telecom
13. América Móvil
- Total Revenue: $43.6 billion
- Country: 🇲🇽 Mexico
- Sector: Telecom
14. KDDI
- Total Revenue: $42.7 billion
- Country: 🇯🇵 Japan
- Sector: Telecom
15. Telefónica
- Total Revenue: $42.0 billion
- Country: 🇪🇸 Spain
- Sector: Telecom
16. BT Group
- Total Revenue: $26.7 billion
- Country: 🇬🇧 United Kingdom
- Sector: Telecom
17. China Communications Services
- Total Revenue: $20.9 billion
- Country: 🇨🇳 China
- Sector: Telecom & IT Services
18. KT Corporation
- Total Revenue: $19.9 billion
- Country: 🇰🇷 South Korea
- Sector: Telecom
19. BCE
- Total Revenue: $18.4 billion
- Country: 🇨🇦 Canada
- Sector: Telecom
20. Bharti Airtel
- Total Revenue: $20.1 billion
- Country: 🇮🇳 India
- Sector: Telecom
21. Saudi Telecom Company
- Total Revenue: $18.0 billion
- Country: 🇸🇦 Saudi Arabia
- Sector: Telecom
22. Lumen Technologies
- Total Revenue: $17.5 billion
- Country: 🇺🇸 United States
- Sector: Telecom
23. Grupo TIM
- Total Revenue: $17.2 billion
- Country: 🇮🇹 Italy
- Sector: Telecom
24. Telstra
- Total Revenue: $15.4 billion
- Country: 🇦🇺 Australia
- Sector: Telecom
25. SFR
- Total Revenue: $14.6 billion
- Country: 🇫🇷 France
- Sector: Telecom
26. Telus
- Total Revenue: $14.3 billion
- Country: 🇨🇦 Canada
- Sector: Telecom
27. Etisalat
- Total Revenue: $14.2 billion
- Country: 🇦🇪 United Arab Emirates
- Sector: Telecom
28. SK Telecom
- Total Revenue: $13.4 billion
- Country: 🇰🇷 South Korea
- Sector: Telecom
29. Virgin Media O2
- Total Revenue: $12.8 billion
- Country: 🇬🇧 United Kingdom
- Sector: Telecom
30. MTN Group
- Total Revenue: $12.6 billion
- Country: 🇿🇦 South Africa
- Sector: Telecom
31. Jio
- Total Revenue: $12.0 billion
- Country: 🇮🇳 India
- Sector: Telecom
32. Rogers Communications
- Total Revenue: $11.8 billion
- Country: 🇨🇦 Canada
- Sector: Telecom
33. Swisscom
- Total Revenue: $11.6 billion
- Country: 🇨🇠Switzerland
- Sector: Telecom
34. Viettel
- Total Revenue: $11.5 billion
- Country: 🇻🇳 Vietnam
- Sector: Telecom
35. Cox Communications
- Total Revenue: $11.0 billion
- Country: 🇺🇸 United States
- Sector: Telecom
36. Singtel
- Total Revenue: $10.9 billion
- Country: 🇸🇬 Singapore
- Sector: Telecom
37. LG Uplus
- Total Revenue: $10.8 billion
- Country: 🇰🇷 South Korea
- Sector: Telecom
38. Vivendi
- Total Revenue: $10.1 billion
- Country: 🇫🇷 France
- Sector: Telecom
39. Telenor
- Total Revenue: $10.1 billion
- Country: 🇳🇴 Norway
- Sector: Telecom
40. Telkom Indonesia
- Total Revenue: $9.8 billion
- Country: 🇮🇩 Indonesia
- Sector: Telecom
41. Telia Company
- Total Revenue: $8.9 billion
- Country: 🇸🇪 Sweden
- Sector: Telecom
42. VEON
- Total Revenue: $8.1 billion
- Country: 🇳🇱 Netherlands
- Sector: Telecom
43. Vodacom
- Total Revenue: $7.5 billion
- Country: 🇿🇦 South Africa
- Sector: Telecom
44. Chunghwa Telecom
- Total Revenue: $7.2 billion
- Country: 🇹🇼 Taiwan
- Sector: Telecom
45. Bouygues Telecom
- Total Revenue: $7.0 billion
- Country: 🇫🇷 France
- Sector: Telecom
46. Crown Castle International
- Total Revenue: $7.0 billion
- Country: 🇺🇸 United States
- Sector: Telecom
47. Proximus
- Total Revenue: $6.5 billion
- Country: 🇧🇪 Belgium
- Sector: Telecom
48. Ooredoo
- Total Revenue: $6.3 billion
- Country: 🇶🇦 Qatar
- Sector: Telecom
49. Iliad S.A.
- Total Revenue: $6.2 billion
- Country: 🇫🇷 France
- Sector: Telecom
50. United Internet
- Total Revenue: $6.2 billion
- Country: 🇩🇪 Germany
- Sector: Telecom
51. Zain
- Total Revenue: $6.0 billion
- Country: 🇰🇼 Kuwait
- Sector: Telecom
52. Taiwan Mobile
- Total Revenue: $5.9 billion
- Country: 🇹🇼 Taiwan
- Sector: Telecom
53. Frontier Communications
- Total Revenue: $5.8 billion
- Country: 🇺🇸 United States
- Sector: Telecom
54. Windstream Holdings
- Total Revenue: $5.7 billion
- Country: 🇺🇸 United States
- Sector: Telecom
55. KPN
- Total Revenue: $5.6 billion
- Country: 🇳🇱 Netherlands
- Sector: Telecom
56. Optus
- Total Revenue: $5.6 billion
- Country: 🇦🇺 Australia
- Sector: Telecom
57. Millicom
- Total Revenue: $5.6 billion
- Country: 🇱🇺 Luxembourg
- Sector: Telecom
58. Mobile TeleSystems
- Total Revenue: $5.6 billion
- Country: 🇷🇺 Russia
- Sector: Telecom
59. Telephone and Data Systems
- Total Revenue: $5.4 billion
- Country: 🇺🇸 United States
- Sector: Telecom
60. Advanced Info Service
- Total Revenue: $5.3 billion
- Country: 🇹🇠Thailand
- Sector: Telecom
61. Vi
- Total Revenue: $5.2 billion
- Country: 🇮🇳 India
- Sector: Telecom
62. A1 Telekom Austria Group
- Total Revenue: $5.2 billion
- Country: 🇦🇹 Austria
- Sector: Telecom
63. PLDT
- Total Revenue: $3.7 billion
- Country: 🇵🇠Philippines
- Sector: Telecom
64. MegaFon
- Total Revenue: $3.7 billion
- Country: 🇷🇺 Russia
- Sector: Telecom
65. OTE
- Total Revenue: $3.7 billion
- Country: 🇬🇷 Greece
- Sector: Telecom
66. Du (company)
- Total Revenue: $3.6 billion
- Country: 🇦🇪 United Arab Emirates
- Sector: Telecom
67. Telecom Argentina
- Total Revenue: $3.4 billion
- Country: 🇦🇷 Argentina
- Sector: Telecom
68. Turkcell
- Total Revenue: $3.4 billion
- Country: 🇹🇷 Turkey
- Sector: Telecom
69. Globe Telecom
- Total Revenue: $3.3 billion
- Country: 🇵🇠Philippines
- Sector: Telecom
70. Türk Telekom
- Total Revenue: $3.0 billion
- Country: 🇹🇷 Turkey
- Sector: Telecom
71. Zayo Group
- Total Revenue: $2.6 billion
- Country: 🇺🇸 United States
- Sector: Telecom
72. Tata Communications
- Total Revenue: $2.4 billion
- Country: 🇮🇳 India
- Sector: Telecom
73. Telkom (South Africa)
- Total Revenue: $2.3 billion
- Country: 🇿🇦 South Africa
- Sector: Telecom
74. Maxis Communications
- Total Revenue: $2.1 billion
- Country: 🇲🇾 Malaysia
- Sector: Telecom
75. Oi
- Total Revenue: $2.0 billion
- Country: 🇧🇷 Brazil
- Sector: Telecom
76. Altafiber
- Total Revenue: $1.8 billion
- Country: 🇺🇸 United States
- Sector: Telecom
77. StarHub
- Total Revenue: $1.7 billion
- Country: 🇸🇬 Singapore
- Sector: Telecom
78. Digi Communications
- Total Revenue: $1.7 billion
- Country: 🇷🇴 Romania
- Sector: Telecom
79. Granite Telecommunications
- Total Revenue: $1.5 billion
- Country: 🇺🇸 United States
- Sector: Telecom
80. GTT Communications
- Total Revenue: $1.5 billion
- Country: 🇺🇸 United States
- Sector: Telecom
81. IDT Corporation
- Total Revenue: $1.4 billion
- Country: 🇺🇸 United States
- Sector: Telecom
82. Eir
- Total Revenue: $1.3 billion
- Country: 🇮🇪 Republic of Ireland
- Sector: Telecom
83. Vocus Group
- Total Revenue: $1.3 billion
- Country: 🇦🇺 Australia
- Sector: Telecom
84. Consolidated Communications
- Total Revenue: $1.2 billion
- Country: 🇺🇸 United States
- Sector: Telecom
85. Algar Telecom
- Total Revenue: $1.1 billion
- Country: 🇧🇷 Brazil
- Sector: Telecom
86. Cable One
- Total Revenue: $1.7 billion
- Country: 🇺🇸 United States
- Sector: Telecom
87. Mediacom
- Total Revenue: $1.1 billion
- Country: 🇺🇸 United States
- Sector: Telecom
88. Vonage
- Total Revenue: $1.0 billion
- Country: 🇺🇸 United States
- Sector: Telecom
89. Cell C
- Total Revenue: $1.0 billion
- Country: 🇿🇦 South Africa
- Sector: Telecom
90. Safaricom
- Total Revenue: $3.0 billion (FY2025)
- Country: 🇰🇪 Kenya
- Sector: Telecom
- Drivers: M-PESA services and mobile data
- Growth Area: Expansion into Ethiopia and strong performance in M-PESA








